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Gram,
Are you just not paying taxes?
I presume this means you are among the folks who believe you do not need to
pay, that the Constitution or whatever "asks" for contributions but does not
and doesn't have the right to "demand" them. Is this so?
I've heard of the "declared tax free', but, like many, I'm sure, have a hard
time believing that just not paying would work, and not cause significant
problems.
Want to enlighten us on what you mean? And how long you've done it
successfully.
Your point about other trading costs being insignificant in relation to
taxes is clearly so, but I'm sure many of us have a hard time with the idea
we can just walk away from taxes with no governmental recourse.
Do you not get audited and harassed by the IRS? There might be a few
significant time, energy, and dollar costs in that, no?
Just an interested citizen, and I apologize to the list that this inquiry is
perhaps off topic.
Eliot
Eliot Kaplan
email: eliot@xxxxxxx
web: www.isu.com
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> From: "Gram" <gramario@xxxxxx>
> Reply-To: gramario@xxxxxx
> Date: Sun, 25 Jun 2000 07:39:18 +0200
> To: <realtraders@xxxxxxxxxxxxxxx>
> Subject: [RT] R: Re: Stocks and futures
>
> So many people spend time comparing brokers commissions, data feeds, etc.
> which do indeed eat into their trading profits. But instead of concentrating
> solely on trading costs, look at it the other way for a moment: eliminate
> all tax, all accountants, all paperwork, inheritance taxes, Capital Gains
> and all corporate taxes and see what this does to your trading P&L.
> Try thinking of it as $1 earned = $1 kept. It is much easier to become a
> millionaire this way.
> If you save 30+% a year on such costs, the choice between CQG or Quote.com
> becomes easier. You choose the best there is for your needs!
> Just an idea.
> Gram.
>
>
>
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