PureBytes Links
Trading Reference Links
|
Here: http://www.sark.net/~xott/sarkinfo.html
But where you live is only one part of it, you must also organize your
affairs properly.
-----Messaggio originale-----
Da: Eliot Kaplan <eliot@xxxxxxx>
A: <realtraders@xxxxxxxxxxxxxxx>RealTraders <realtraders@xxxxxxxxxxxxxxx>
Data: 25/06/2000 19:31
Oggetto: [RT] Re: R: R: Re: Stocks and futures
>Gram,
>
>Thanks for your response!
>
>I guess the next logical question is: Where (what country & state/province)
>have you found that is so resident/income friendly that no taxes are
>required?
>
>My wife is Canadian, so I often ponder whether I could trade from there
with
>significantly less taxes.
>
>I could get residency through her, and have often considered Vancouver and
>its environs a healthier alternative to Southern CA, which is where I am
>now.
>
>The US with its ever increasing legal controls, taxes, pollution and
>overpopulation have certainly got me looking at a potentially quieter, more
>hassle free existence across the border.
>
>If only winter weren't so extreme!
>
>Perhaps there are no "perfect" places?!
>
>So, where are you pray tell?
>
>Eliot
>
>
>
>
>Eliot Kaplan
>
>email: eliot@xxxxxxx
>web: www.isu.com
>
>^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
>
>
>> From: "Gram" <gramario@xxxxxx>
>> Reply-To: gramario@xxxxxx
>> Date: Sun, 25 Jun 2000 17:43:06 +0200
>> To: <realtraders@xxxxxxxxxxxxxxx>
>> Subject: [RT] R: R: Re: Stocks and futures
>>
>>
>> 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.
>>>>
>>>>
>>>>
>>>
>>>
>>>
>>
>>
>>
>
>
|