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Re: Trust accounts, tax time dreams



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Make life easy, become Sovereign Citizens and pay no taxes.  Reported from the
IRS 1 in 5 Americans are in the Tax revolt and is growing.  Warning you have to
give up a lot.

Joe Frabosilio

sptrader wrote:

> What about the savings from all the IRS employees, and we could give all the
> IRS computers to the schools !
> count me in.
> Steve
> -----Original Message-----
> From: BrentinUtahsDixie <brente@xxxxxxxxxxxx>
> To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> Date: Tuesday, March 09, 1999 8:18 PM
> Subject: Re: Trust accounts, tax time dreams
>
> >RT's,
> >
> >Wouldn't it be nice if we didn't feel like running to a tax haven. As
> >traders we face greater tax challenges then most average Americans. We
> >accept greater risks and are rewarded with greater reporting burdens as are
> >most businessmen.
> >
> >I have a dream. That being of a tax system where all Americans would not be
> >considered as those likely to defraud  or cheat the government, where our
> >liberty could be restored and we would not be required to report all the
> >details of our life to the tax man. I would happily and patriotically pay
> my
> >fair and reasonable share of taxes. I think that most Americans would do
> >likewise if given the opportunity. Something simple enough for all to
> >understand. Say for example a 10% sales tax on all sales transactions no
> >mater what level of sale, whether retail, wholesale etc. 5% goes to the
> Fed,
> >3% to the state and 2% to the local and no other taxes, not property,
> >estate, luxury, etc. etc. etc. etc. The saving in paper work alone would be
> >unfathomable and banks could set up accounts so that the tax could be
> >deposited daily (frequently) into a tax account.
> >
> >Relieved of that burden would even make me a better trader I think.
> Pleasant
> >dreams.
> >
> >Brent
> >
> >-----Original Message-----
> >From: John Cappello <jvc689@xxxxxxx>
> >To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> >Date: Tuesday, March 09, 1999 3:42 PM
> >Subject: GEN: Trust accounts
> >
> >
> >>Dear Zaheer and Group,
> >>
> >>I have been checking into this for 2 years.As long as you are a US
> >>citizen and direcly or indirectly control the trading accounts it is
> >>no tax haven.The US paper work is quite clear and you have to lie to
> >>make it work.
> >>
> >>US legislation has been passed to further crack down on this area.
> >>
> >>Be careful.Even posting one's intent to a group could target you if
> >>someone wanted to be mean.
> >>
> >>John
> >>
> >>
> >>
> >>------------------ Reply Separator --------------------
> >>Originally From: Zaheer Bhyat <zaheer@xxxxxxxxx>
> >>Subject: GEN: Trust accounts
> >>Date: 03/09/1999 04:19pm
> >>
> >>
> >>Dear RT's,
> >>
> >>I want to set up a trust account in a tax haven eg. Cayman islands,
> >>BVI's
> >>etc. I would appreciate any insight in to doing this that anyone would
> >>like
> >>to share, also would appreciate any experiences and contacts.
> >>
> >>Thanks for your help
> >>Zaheer
> >>
> >>
> >>
> >
> >