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Our Parliament decided around 1565 no to impose Income Tax on its citizens.
But this is not the only solution. It merely legalises the individual
position. There are also various alternatives to avoiding tax.
Gram.
-----Messaggio originale-----
Da: Joe Frabosilio <joe6964@xxxxxxxx>
A: realtraders@xxxxxxxxxxxxxxx <realtraders@xxxxxxxxxxxxxxx>
Cc: realtraders@xxxxxxxxxxxxxxx <realtraders@xxxxxxxxxxxxxxx>
Data: 25/06/2000 17:46
Oggetto: [RT] Re: R: R: Re: Stocks and futures
>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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