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Holmes would be proud of this stating of the obvious. I have already stated
on this list that I have interests in Italy. You should be aware that you
can have an ISP in one country and pick up messages on it from anywhere,
rather like a telephone, you know?
Gram.
n..b. I did not boast, nor start this thread I was merely responding
publicly to questions asked of me.
Bah
-----Messaggio originale-----
Da: christine zarycky <christinezarycky@xxxxxxxxxxx>
A: realtraders@xxxxxxxxxxxxxxx <realtraders@xxxxxxxxxxxxxxx>
Data: 26/06/2000 07:21
Oggetto: [RT] Re: R: Re: R: R: Re: Stocks and futures
>and the isp he uses has an .it which stands for italy
>
>Gram, you were the one that began all this by boasting of your situation
and
>wagging your finger at everyone for not letting the tax tail wag the
dog....
> I suspect that you know that a large number on this list are in north
>america where we have it pretty good. In very few cases would people want
>to renounce their citizenship in order to save some money. Even with bubba
>at the helm!! :)
>
>Christine
>
>>From: "BobR" <bobrabcd@xxxxxxxxxxxxx>
>>Reply-To: "BobR" <bobrabcd@xxxxxxxxxxxxx>
>>To: <realtraders@xxxxxxxxxxxxxxx>
>>Subject: [RT] Re: R: Re: R: R: Re: Stocks and futures
>>Date: Sun, 25 Jun 2000 17:28:01 -0700
>>
>>Someone who knows him tells me he lives in Italy.
>>br
>>
>>----- Original Message -----
>>From: nwinski <nwinski@xxxxxxxxxxxxxxx>
>>To: <realtraders@xxxxxxxxxxxxxxx>
>>Cc: <realtraders@xxxxxxxxxxxxxxx>
>>Sent: Sunday, June 25, 2000 8:21 PM
>>Subject: [RT] Re: R: Re: R: R: Re: Stocks and futures
>>
>>
>> >
>> >
>> > Gram wrote:
>> >
>> > > 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.
>> >
>> > NW: Gram, thanks for the interesting info. However, from what I
>>gathered,
>>if
>> > you have a medical
>> > emergency, you are dead meat. Enjoying major theater or cultural events
>>is
>>very
>> > unlikely without traveling to Paris or London. Traveling anywhere in
>>the
>>world
>> > is a major production, as you have to travel one hour by boat just to
>>connect to
>> > other boats to take you where you could get an airplane. You can only
>>swim in
>> > your pool and then only for a few months before it gets cold. Sark
>>sounds
>>quaint
>> > and cute, but what good is making more money via sans taxes if you
can't
>>enjoy
>> > life's ementies? Do you have to actually live there or do you just
>>establish
>> > residency and then live on a tropical isle?
>> >
>> > Cheers,
>> >
>> > Norman
>> >
>> >
>> >
>> > >
>> > >
>> > > -----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.
>> > > >>>>
>> > > >>>>
>> > > >>>>
>> > > >>>
>> > > >>>
>> > > >>>
>> > > >>
>> > > >>
>> > > >>
>> > > >
>> > > >
>> >
>> >
>> >
>>
>>
>>
>
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