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Gram,
What country do you live in? Don't they have a tax system? This is not a joke,
just interested.
TradeWell,
Joe Frabosilio
Gram wrote:
> Hi Eliot,
> I apologise for the fact that some people perhaps do not realise that I
> neither live nor operate from or within the US.
> I long ago decided that these costs had to be dealt with in order to be free
> from some encumberances. I made my plan (much as most of us do when
> trading), and then took steps to nurse and guide it to fruition.
> I have no interest in the IRS or any other institution and there is no
> reason why they should an interest in me..
> I am not a "declared tax free" as you put it; my position is perfectly
> legal.
>
> As to your question:
> "Do you not get audited and harassed by the IRS? There might be a few
> significant time, energy, and dollar costs in that, no?"
>
> The answer is, "No, I do not get audited nor harassed by anyone. Hence,
> there are no significant costs (whether they be of a time, energy, or a
> dollar nature)."
>
> 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
> >
> >^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
> >
> >
> >> 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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