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Ok Gram,
Italy or Spain????
Joe Frabosilio
Gram wrote:
> 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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