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<P>Gram wrote:
<BLOCKQUOTE TYPE=CITE>NW wrote:
<BR>"Enjoying major theater or cultural events is very unlikely without
<BR>traveling to Paris or London."
<BR>Of course, this is a problem who anyone who does not live in a major
<BR>centre - not everyone lives in NY, etc.</BLOCKQUOTE>
NW: I don't live in NY or Chicago, but we get most of the major traveling
Broadway musicals and theater here. We also have a symphony orchestra and
plenty of community theater and art. We have an official round round populatoin
of only 24,000 yet we have 80 golf courses. We also have major medical
facilites. There is no state income tax, only federal, and about 1% property
tax. As for transportation, there is an International Airport 30 miles
away via a major highway. I can also enjoy the beach most of the year with
sunshine on about 80% of the days. Two of our beaches are rated
<BR>top 20 in the US.
<BLOCKQUOTE TYPE=CITE>However, for me it is about 45 mins either way (London
or Paris).
<BR>Furthermore, lots of people commute to the City each day to work -
better
<BR>than sitting on the M25 Orbital for hours.</BLOCKQUOTE>
NW: I guess you need to correct the Sark website as it gives a far different
impression:
<P>Sark, all 1274 acres of it, lies in the English Channel,
<BR> the smallest of the four major Channel Islands in the
<BR> shelter of the French coast. The largest, Jersey, lies to
<BR> the south-east and Guernsey, <B>Sark's nearest shopping</B>
<BR><B> centre, is an hour's boat ride away to the west. </B>The
<BR> only way to get to Sark is by boat; aeroplanes are not
<BR> even allowed to fly over it under 2000 feet.
<BR>
<BLOCKQUOTE TYPE=CITE>
<P>There is a Dr on the islands, and excellent hospital assistance on the
<BR>larger islands, or use BUPA or Medicare.</BLOCKQUOTE>
<P><BR>NW: You may want to consider that if you ever had a heart
attack or stroke, your chances of survival sound dim on Sark.
<BLOCKQUOTE TYPE=CITE>Cheers,</BLOCKQUOTE>
Norman
<BLOCKQUOTE TYPE=CITE>
<P>Cheers,
<BR>Gram.
<BR>-----Messaggio originale-----
<BR>Da: BobR <bobrabcd@xxxxxxxxxxxxx>
<BR>A: realtraders@xxxxxxxxxxxxxxx <realtraders@xxxxxxxxxxxxxxx>
<BR>Data: 26/06/2000 02:32
<BR>Oggetto: [RT] Re: R: Re: R: R: Re: Stocks and futures
<P>>Someone who knows him tells me he lives in Italy.
<BR>>br
<BR>>
<BR>>----- Original Message -----
<BR>>From: nwinski <nwinski@xxxxxxxxxxxxxxx>
<BR>>To: <realtraders@xxxxxxxxxxxxxxx>
<BR>>Cc: <realtraders@xxxxxxxxxxxxxxx>
<BR>>Sent: Sunday, June 25, 2000 8:21 PM
<BR>>Subject: [RT] Re: R: Re: R: R: Re: Stocks and futures
<BR>>
<BR>>
<BR>>>
<BR>>>
<BR>>> Gram wrote:
<BR>>>
<BR>>> > Here: http://www.sark.net/~xott/sarkinfo.html
<BR>>> > But where you live is only one part of it, you must also organize
your
<BR>>> > affairs properly.
<BR>>>
<BR>>> NW: Gram, thanks for the interesting info. However, from what
I
<BR>gathered,
<BR>>if
<BR>>> you have a medical
<BR>>> emergency, you are dead meat. Enjoying major theater or cultural
events
<BR>is
<BR>>very
<BR>>> unlikely without traveling to Paris or London. Traveling anywhere
in the
<BR>>world
<BR>>> is a major production, as you have to travel one hour by boat just
to
<BR>>connect to
<BR>>> other boats to take you where you could get an airplane. You
can only
<BR>>swim in
<BR>>> your pool and then only for a few months before it gets cold. Sark
sounds
<BR>>quaint
<BR>>> and cute, but what good is making more money via sans taxes if you
can't
<BR>>enjoy
<BR>>> life's ementies? Do you have to actually live there or do
you just
<BR>>establish
<BR>>> residency and then live on a tropical isle?
<BR>>>
<BR>>> Cheers,
<BR>>>
<BR>>> Norman
<BR>>>
<BR>>>
<BR>>>
<BR>>> >
<BR>>> >
<BR>>> > -----Messaggio originale-----
<BR>>> > Da: Eliot Kaplan <eliot@xxxxxxx>
<BR>>> > A: <realtraders@xxxxxxxxxxxxxxx>RealTraders
<BR>><realtraders@xxxxxxxxxxxxxxx>
<BR>>> > Data: 25/06/2000 19:31
<BR>>> > Oggetto: [RT] Re: R: R: Re: Stocks and futures
<BR>>> >
<BR>>> > >Gram,
<BR>>> > >
<BR>>> > >Thanks for your response!
<BR>>> > >
<BR>>> > >I guess the next logical question is: Where (what country &
<BR>>state/province)
<BR>>> > >have you found that is so resident/income friendly that no taxes
are
<BR>>> > >required?
<BR>>> > >
<BR>>> > >My wife is Canadian, so I often ponder whether I could trade
from
<BR>there
<BR>>> > with
<BR>>> > >significantly less taxes.
<BR>>> > >
<BR>>> > >I could get residency through her, and have often considered
Vancouver
<BR>>and
<BR>>> > >its environs a healthier alternative to Southern CA, which is
where I
<BR>>am
<BR>>> > >now.
<BR>>> > >
<BR>>> > >The US with its ever increasing legal controls, taxes, pollution
and
<BR>>> > >overpopulation have certainly got me looking at a potentially
quieter,
<BR>>more
<BR>>> > >hassle free existence across the border.
<BR>>> > >
<BR>>> > >If only winter weren't so extreme!
<BR>>> > >
<BR>>> > >Perhaps there are no "perfect" places?!
<BR>>> > >
<BR>>> > >So, where are you pray tell?
<BR>>> > >
<BR>>> > >Eliot
<BR>>> > >
<BR>>> > >
<BR>>> > >
<BR>>> > >
<BR>>> > >Eliot Kaplan
<BR>>> > >
<BR>>> > >email: eliot@xxxxxxx
<BR>>> > >web: www.isu.com
<BR>>> > >
<BR>>> > >^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
<BR>>> > >
<BR>>> > >
<BR>>> > >> From: "Gram" <gramario@xxxxxx>
<BR>>> > >> Reply-To: gramario@xxxxxx
<BR>>> > >> Date: Sun, 25 Jun 2000 17:43:06 +0200
<BR>>> > >> To: <realtraders@xxxxxxxxxxxxxxx>
<BR>>> > >> Subject: [RT] R: R: Re: Stocks and futures
<BR>>> > >>
<BR>>> > >>
<BR>>> > >> Hi Eliot,
<BR>>> > >> I apologise for the fact that some people perhaps do not realise
<BR>that
<BR>>I
<BR>>> > >> neither live nor operate from or within the US.
<BR>>> > >> I long ago decided that these costs had to be dealt with in
order to
<BR>>be
<BR>>> > free
<BR>>> > >> from some encumberances. I made my plan (much as most of us
do when
<BR>>> > >> trading), and then took steps to nurse and guide it to fruition.
<BR>>> > >> I have no interest in the IRS or any other institution and
there is
<BR>>no
<BR>>> > >> reason why they should an interest in me..
<BR>>> > >> I am not a "declared tax free" as you put it; my position is
<BR>>perfectly
<BR>>> > >> legal.
<BR>>> > >>
<BR>>> > >> As to your question:
<BR>>> > >> "Do you not get audited and harassed by the IRS? There might
be a
<BR>few
<BR>>> > >> significant time, energy, and dollar costs in that, no?"
<BR>>> > >>
<BR>>> > >> The answer is, "No, I do not get audited nor harassed by anyone.
<BR>>Hence,
<BR>>> > >> there are no significant costs (whether they be of a time,
energy,
<BR>or
<BR>>a
<BR>>> > >> dollar nature)."
<BR>>> > >>
<BR>>> > >> Gram,
<BR>>> > >>
<BR>>> > >>> Are you just not paying taxes?
<BR>>> > >>>
<BR>>> > >>> I presume this means you are among the folks who believe you
do not
<BR>>need
<BR>>> > to
<BR>>> > >>> pay, that the Constitution or whatever "asks" for contributions
but
<BR>>does
<BR>>> > >> not
<BR>>> > >>> and doesn't have the right to "demand" them. Is this so?
<BR>>> > >>>
<BR>>> > >>> I've heard of the "declared tax free', but, like many, I'm
sure,
<BR>>have a
<BR>>> > >> hard
<BR>>> > >>> time believing that just not paying would work, and not cause
<BR>>> > significant
<BR>>> > >>> problems.
<BR>>> > >>>
<BR>>> > >>> Want to enlighten us on what you mean? And how long you've
done it
<BR>>> > >>> successfully.
<BR>>> > >>>
<BR>>> > >>> Your point about other trading costs being insignificant in
<BR>relation
<BR>>to
<BR>>> > >>> taxes is clearly so, but I'm sure many of us have a hard time
with
<BR>>the
<BR>>> > idea
<BR>>> > >>> we can just walk away from taxes with no governmental recourse.
<BR>>> > >>>
<BR>>> > >>> Do you not get audited and harassed by the IRS? There might
be a
<BR>few
<BR>>> > >>> significant time, energy, and dollar costs in that, no?
<BR>>> > >>>
<BR>>> > >>> Just an interested citizen, and I apologize to the list that
this
<BR>>> > inquiry
<BR>>> > >> is
<BR>>> > >>> perhaps off topic.
<BR>>> > >>>
<BR>>> > >>> Eliot
<BR>>> > >>>
<BR>>> > >>>
<BR>>> > >>> Eliot Kaplan
<BR>>> > >>>
<BR>>> > >>> email: eliot@xxxxxxx
<BR>>> > >>> web: www.isu.com
<BR>>> > >>>
<BR>>> > >>> ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
<BR>>> > >>>
<BR>>> > >>>
<BR>>> > >>>> From: "Gram" <gramario@xxxxxx>
<BR>>> > >>>> Reply-To: gramario@xxxxxx
<BR>>> > >>>> Date: Sun, 25 Jun 2000 07:39:18 +0200
<BR>>> > >>>> To: <realtraders@xxxxxxxxxxxxxxx>
<BR>>> > >>>> Subject: [RT] R: Re: Stocks and futures
<BR>>> > >>>>
<BR>>> > >>>> So many people spend time comparing brokers commissions,
data
<BR>>feeds,
<BR>>> > etc.
<BR>>> > >>>> which do indeed eat into their trading profits. But instead
of
<BR>>> > >> concentrating
<BR>>> > >>>> solely on trading costs, look at it the other way for a moment:
<BR>>> > eliminate
<BR>>> > >>>> all tax, all accountants, all paperwork, inheritance taxes,
<BR>Capital
<BR>>> > Gains
<BR>>> > >>>> and all corporate taxes and see what this does to your trading
<BR>P&L.
<BR>>> > >>>> Try thinking of it as $1 earned = $1 kept. It is much easier
to
<BR>>become
<BR>>> > a
<BR>>> > >>>> millionaire this way.
<BR>>> > >>>> If you save 30+% a year on such costs, the choice between
CQG or
<BR>>> > >> Quote.com
<BR>>> > >>>> becomes easier. You choose the best there is for your needs!
<BR>>> > >>>> Just an idea.
<BR>>> > >>>> Gram.
<BR>>> > >>>>
<BR>>> > >>>>
<BR>>> > >>>>
<BR>>> > >>>
<BR>>> > >>>
<BR>>> > >>>
<BR>>> > >>
<BR>>> > >>
<BR>>> > >>
<BR>>> > >
<BR>>> > >
<BR>>>
<BR>>>
<BR>>>
<BR>>
<BR>>
<BR>>
<BR>></BLOCKQUOTE>
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</x-html>From ???@??? Mon Jun 26 06:52:44 2000
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From: "Gram" <gramario@xxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Subject: [RT] R: R: Re: R: Re: R: R: Re: Stocks and futures
Date: Mon, 26 Jun 2000 09:19:17 +0200
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<BLOCKQUOTE
style="BORDER-LEFT: #000000 solid 2px; MARGIN-LEFT: 5px; PADDING-LEFT: 5px">
<BLOCKQUOTE TYPE = CITE>
<P><FONT color=#000000 size=4>Just for fun, it might be interesting to
compare the longevity rates in your place and mine <g></FONT>
<P><FONT color=#000000 size=4>Cheers,</FONT></P>
<P><FONT color=#000000 size=4></FONT>Gram.</P>
<P> </P>
<P>There is a Dr on the islands, and excellent hospital assistance on
the <BR>larger islands, or use BUPA or Medicare.</P></BLOCKQUOTE>
<P><BR>NW: You may want to consider that if you ever had a heart
attack or stroke, your chances of survival sound dim on Sark.
<BLOCKQUOTE TYPE = CITE>Cheers,</BLOCKQUOTE> Norman
<BLOCKQUOTE TYPE = CITE>
<P>Cheers, <BR>Gram. <BR>-----Messaggio originale----- <BR>Da: BobR
<bobrabcd@xxxxxxxxxxxxx> <BR>A: realtraders@xxxxxxxxxxxxxxx
<realtraders@xxxxxxxxxxxxxxx> <BR>Data: 26/06/2000 02:32
<BR>Oggetto: [RT] Re: R: Re: R: R: Re: Stocks and futures
<P>>Someone who knows him tells me he lives in Italy. <BR>>br
<BR>> <BR>>----- Original Message ----- <BR>>From: nwinski
<nwinski@xxxxxxxxxxxxxxx> <BR>>To:
<realtraders@xxxxxxxxxxxxxxx> <BR>>Cc:
<realtraders@xxxxxxxxxxxxxxx> <BR>>Sent: Sunday, June 25, 2000
8:21 PM <BR>>Subject: [RT] Re: R: Re: R: R: Re: Stocks and futures
<BR>> <BR>> <BR>>> <BR>>> <BR>>> Gram wrote:
<BR>>> <BR>>> > Here: <A
href="http://www.sark.net/~xott/sarkinfo.html";>http://www.sark.net/~xott/sarkinfo.html</A>
<BR>>> > But where you live is only one part of it, you must
also organize your <BR>>> > affairs properly. <BR>>>
<BR>>> NW: Gram, thanks for the interesting info. However,
from what I <BR>gathered, <BR>>if <BR>>> you have a medical
<BR>>> emergency, you are dead meat. Enjoying major theater or
cultural events <BR>is <BR>>very <BR>>> unlikely without
traveling to Paris or London. Traveling anywhere in the
<BR>>world <BR>>> is a major production, as you have to travel
one hour by boat just to <BR>>connect to <BR>>> other boats to
take you where you could get an airplane. You can only
<BR>>swim in <BR>>> your pool and then only for a few months
before it gets cold. Sark sounds <BR>>quaint <BR>>> and cute,
but what good is making more money via sans taxes if you can't
<BR>>enjoy <BR>>> life's ementies? Do you have to
actually live there or do you just <BR>>establish <BR>>>
residency and then live on a tropical isle? <BR>>> <BR>>>
Cheers, <BR>>> <BR>>> Norman <BR>>> <BR>>>
<BR>>> <BR>>> > <BR>>> > <BR>>> >
-----Messaggio originale----- <BR>>> > Da: Eliot Kaplan
<eliot@xxxxxxx> <BR>>> > A:
<realtraders@xxxxxxxxxxxxxxx>RealTraders
<BR>><realtraders@xxxxxxxxxxxxxxx> <BR>>> > Data:
25/06/2000 19:31 <BR>>> > Oggetto: [RT] Re: R: R: Re: Stocks
and futures <BR>>> > <BR>>> > >Gram, <BR>>>
> > <BR>>> > >Thanks for your response! <BR>>>
> > <BR>>> > >I guess the next logical question is:
Where (what country & <BR>>state/province) <BR>>> >
>have you found that is so resident/income friendly that no taxes are
<BR>>> > >required? <BR>>> > > <BR>>> >
>My wife is Canadian, so I often ponder whether I could trade from
<BR>there <BR>>> > with <BR>>> > >significantly
less taxes. <BR>>> > > <BR>>> > >I could get
residency through her, and have often considered Vancouver <BR>>and
<BR>>> > >its environs a healthier alternative to Southern
CA, which is where I <BR>>am <BR>>> > >now. <BR>>>
> > <BR>>> > >The US with its ever increasing legal
controls, taxes, pollution and <BR>>> > >overpopulation have
certainly got me looking at a potentially quieter, <BR>>more
<BR>>> > >hassle free existence across the border.
<BR>>> > > <BR>>> > >If only winter weren't so
extreme! <BR>>> > > <BR>>> > >Perhaps there are
no "perfect" places?! <BR>>> > > <BR>>> >
>So, where are you pray tell? <BR>>> > > <BR>>>
> >Eliot <BR>>> > > <BR>>> > >
<BR>>> > > <BR>>> > > <BR>>> >
>Eliot Kaplan <BR>>> > > <BR>>> > >email:
eliot@xxxxxxx <BR>>> > >web: www.isu.com <BR>>> >
> <BR>>> > >^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
<BR>>> > > <BR>>> > > <BR>>> > >>
From: "Gram" <gramario@xxxxxx> <BR>>> >
>> Reply-To: gramario@xxxxxx <BR>>> > >> Date: Sun,
25 Jun 2000 17:43:06 +0200 <BR>>> > >> To:
<realtraders@xxxxxxxxxxxxxxx> <BR>>> > >> Subject:
[RT] R: R: Re: Stocks and futures <BR>>> > >>
<BR>>> > >> <BR>>> > >> Hi Eliot,
<BR>>> > >> I apologise for the fact that some people
perhaps do not realise <BR>that <BR>>I <BR>>> > >>
neither live nor operate from or within the US. <BR>>> >
>> I long ago decided that these costs had to be dealt with in
order to <BR>>be <BR>>> > free <BR>>> > >>
from some encumberances. I made my plan (much as most of us do when
<BR>>> > >> trading), and then took steps to nurse and
guide it to fruition. <BR>>> > >> I have no interest in
the IRS or any other institution and there is <BR>>no <BR>>>
> >> reason why they should an interest in me.. <BR>>>
> >> I am not a "declared tax free" as you put it; my
position is <BR>>perfectly <BR>>> > >> legal.
<BR>>> > >> <BR>>> > >> As to your
question: <BR>>> > >> "Do you not get audited and
harassed by the IRS? There might be a <BR>few <BR>>> > >>
significant time, energy, and dollar costs in that, no?"
<BR>>> > >> <BR>>> > >> The answer is,
"No, I do not get audited nor harassed by anyone. <BR>>Hence,
<BR>>> > >> there are no significant costs (whether they
be of a time, energy, <BR>or <BR>>a <BR>>> > >> dollar
nature)." <BR>>> > >> <BR>>> > >>
Gram, <BR>>> > >> <BR>>> > >>> Are you
just not paying taxes? <BR>>> > >>> <BR>>> >
>>> I presume this means you are among the folks who believe
you do not <BR>>need <BR>>> > to <BR>>> >
>>> pay, that the Constitution or whatever "asks" for
contributions but <BR>>does <BR>>> > >> not
<BR>>> > >>> and doesn't have the right to
"demand" them. Is this so? <BR>>> > >>>
<BR>>> > >>> I've heard of the "declared tax
free', but, like many, I'm sure, <BR>>have a <BR>>> >
>> hard <BR>>> > >>> time believing that just
not paying would work, and not cause <BR>>> > significant
<BR>>> > >>> problems. <BR>>> > >>>
<BR>>> > >>> Want to enlighten us on what you mean?
And how long you've done it <BR>>> > >>> successfully.
<BR>>> > >>> <BR>>> > >>> Your point
about other trading costs being insignificant in <BR>relation <BR>>to
<BR>>> > >>> taxes is clearly so, but I'm sure many of
us have a hard time with <BR>>the <BR>>> > idea <BR>>>
> >>> we can just walk away from taxes with no governmental
recourse. <BR>>> > >>> <BR>>> > >>>
Do you not get audited and harassed by the IRS? There might be a <BR>few
<BR>>> > >>> significant time, energy, and dollar
costs in that, no? <BR>>> > >>> <BR>>> >
>>> Just an interested citizen, and I apologize to the list
that this <BR>>> > inquiry <BR>>> > >> is
<BR>>> > >>> perhaps off topic. <BR>>> >
>>> <BR>>> > >>> Eliot <BR>>> >
>>> <BR>>> > >>> <BR>>> >
>>> Eliot Kaplan <BR>>> > >>> <BR>>>
> >>> email: eliot@xxxxxxx <BR>>> > >>>
web: www.isu.com <BR>>> > >>> <BR>>> >
>>> ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ <BR>>>
> >>> <BR>>> > >>> <BR>>> >
>>>> From: "Gram" <gramario@xxxxxx>
<BR>>> > >>>> Reply-To: gramario@xxxxxx
<BR>>> > >>>> Date: Sun, 25 Jun 2000 07:39:18 +0200
<BR>>> > >>>> To:
<realtraders@xxxxxxxxxxxxxxx> <BR>>> > >>>>
Subject: [RT] R: Re: Stocks and futures <BR>>> >
>>>> <BR>>> > >>>> So many people spend
time comparing brokers commissions, data <BR>>feeds, <BR>>>
> etc. <BR>>> > >>>> which do indeed eat into
their trading profits. But instead of <BR>>> > >>
concentrating <BR>>> > >>>> solely on trading
costs, look at it the other way for a moment: <BR>>> >
eliminate <BR>>> > >>>> all tax, all accountants,
all paperwork, inheritance taxes, <BR>Capital <BR>>> > Gains
<BR>>> > >>>> and all corporate taxes and see what
this does to your trading <BR>P&L. <BR>>> >
>>>> Try thinking of it as $1 earned = $1 kept. It is much
easier to <BR>>become <BR>>> > a <BR>>> >
>>>> millionaire this way. <BR>>> >
>>>> If you save 30+% a year on such costs, the choice
between CQG or <BR>>> > >> Quote.com <BR>>> >
>>>> becomes easier. You choose the best there is for your
needs! <BR>>> > >>>> Just an idea. <BR>>>
> >>>> Gram. <BR>>> > >>>>
<BR>>> > >>>> <BR>>> > >>>>
<BR>>> > >>> <BR>>> > >>>
<BR>>> > >>> <BR>>> > >> <BR>>>
> >> <BR>>> > >> <BR>>> > >
<BR>>> > > <BR>>> <BR>>> <BR>>> <BR>>
<BR>> <BR>> <BR>></P></BLOCKQUOTE></BLOCKQUOTE></BODY></HTML>
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From: nwinski <nwinski@xxxxxxxxxxxxxxx>
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References: <017001bfdf3e$d7f22400$db21d8d4@xxxxx>
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<P>Gram wrote:
<BLOCKQUOTE TYPE=CITE>
<BLOCKQUOTE
style="BORDER-LEFT: #000000 solid 2px; MARGIN-LEFT: 5px; PADDING-LEFT: 5px">
<BLOCKQUOTE TYPE = CITE><FONT COLOR="#000000"><FONT SIZE=+1>Just for fun,
it might be interesting to compare the longevity rates in your place and
mine <g></FONT></FONT>
<P><FONT COLOR="#000000"><FONT SIZE=+1>Cheers,</FONT></FONT>
<P>Gram.
<P> Here ya go. Let me know how it goes. http://gator.naples.net/presents/cchdhome/</BLOCKQUOTE>
</BLOCKQUOTE>
</BLOCKQUOTE>
Cheers,
<P>
Norman
<BR>
<BLOCKQUOTE TYPE=CITE>
<BLOCKQUOTE
style="BORDER-LEFT: #000000 solid 2px; MARGIN-LEFT: 5px; PADDING-LEFT: 5px">
<BLOCKQUOTE TYPE = CITE>
<P>There is a Dr on the islands, and excellent hospital assistance on the
<BR>larger islands, or use BUPA or Medicare.</BLOCKQUOTE>
<P><BR>NW: You may want to consider that if you ever had a heart
attack or stroke, your chances of survival sound dim on Sark.
<BLOCKQUOTE TYPE = CITE>Cheers,</BLOCKQUOTE>
Norman
<BLOCKQUOTE TYPE = CITE>
<P>Cheers,
<BR>Gram.
<BR>-----Messaggio originale-----
<BR>Da: BobR <bobrabcd@xxxxxxxxxxxxx>
<BR>A: realtraders@xxxxxxxxxxxxxxx <realtraders@xxxxxxxxxxxxxxx>
<BR>Data: 26/06/2000 02:32
<BR>Oggetto: [RT] Re: R: Re: R: R: Re: Stocks and futures
<P>>Someone who knows him tells me he lives in Italy.
<BR>>br
<BR>>
<BR>>----- Original Message -----
<BR>>From: nwinski <nwinski@xxxxxxxxxxxxxxx>
<BR>>To: <realtraders@xxxxxxxxxxxxxxx>
<BR>>Cc: <realtraders@xxxxxxxxxxxxxxx>
<BR>>Sent: Sunday, June 25, 2000 8:21 PM
<BR>>Subject: [RT] Re: R: Re: R: R: Re: Stocks and futures
<BR>>
<BR>>
<BR>>>
<BR>>>
<BR>>> Gram wrote:
<BR>>>
<BR>>> > Here: http://www.sark.net/~xott/sarkinfo.html
<BR>>> > But where you live is only one part of it, you must also organize
your
<BR>>> > affairs properly.
<BR>>>
<BR>>> NW: Gram, thanks for the interesting info. However, from what
I
<BR>gathered,
<BR>>if
<BR>>> you have a medical
<BR>>> emergency, you are dead meat. Enjoying major theater or cultural
events
<BR>is
<BR>>very
<BR>>> unlikely without traveling to Paris or London. Traveling anywhere
in the
<BR>>world
<BR>>> is a major production, as you have to travel one hour by boat just
to
<BR>>connect to
<BR>>> other boats to take you where you could get an airplane. You
can only
<BR>>swim in
<BR>>> your pool and then only for a few months before it gets cold. Sark
sounds
<BR>>quaint
<BR>>> and cute, but what good is making more money via sans taxes if you
can't
<BR>>enjoy
<BR>>> life's ementies? Do you have to actually live there or do
you just
<BR>>establish
<BR>>> residency and then live on a tropical isle?
<BR>>>
<BR>>> Cheers,
<BR>>>
<BR>>> Norman
<BR>>>
<BR>>>
<BR>>>
<BR>>> >
<BR>>> >
<BR>>> > -----Messaggio originale-----
<BR>>> > Da: Eliot Kaplan <eliot@xxxxxxx>
<BR>>> > A: <realtraders@xxxxxxxxxxxxxxx>RealTraders
<BR>><realtraders@xxxxxxxxxxxxxxx>
<BR>>> > Data: 25/06/2000 19:31
<BR>>> > Oggetto: [RT] Re: R: R: Re: Stocks and futures
<BR>>> >
<BR>>> > >Gram,
<BR>>> > >
<BR>>> > >Thanks for your response!
<BR>>> > >
<BR>>> > >I guess the next logical question is: Where (what country &
<BR>>state/province)
<BR>>> > >have you found that is so resident/income friendly that no taxes
are
<BR>>> > >required?
<BR>>> > >
<BR>>> > >My wife is Canadian, so I often ponder whether I could trade
from
<BR>there
<BR>>> > with
<BR>>> > >significantly less taxes.
<BR>>> > >
<BR>>> > >I could get residency through her, and have often considered
Vancouver
<BR>>and
<BR>>> > >its environs a healthier alternative to Southern CA, which is
where I
<BR>>am
<BR>>> > >now.
<BR>>> > >
<BR>>> > >The US with its ever increasing legal controls, taxes, pollution
and
<BR>>> > >overpopulation have certainly got me looking at a potentially
quieter,
<BR>>more
<BR>>> > >hassle free existence across the border.
<BR>>> > >
<BR>>> > >If only winter weren't so extreme!
<BR>>> > >
<BR>>> > >Perhaps there are no "perfect" places?!
<BR>>> > >
<BR>>> > >So, where are you pray tell?
<BR>>> > >
<BR>>> > >Eliot
<BR>>> > >
<BR>>> > >
<BR>>> > >
<BR>>> > >
<BR>>> > >Eliot Kaplan
<BR>>> > >
<BR>>> > >email: eliot@xxxxxxx
<BR>>> > >web: www.isu.com
<BR>>> > >
<BR>>> > >^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
<BR>>> > >
<BR>>> > >
<BR>>> > >> From: "Gram" <gramario@xxxxxx>
<BR>>> > >> Reply-To: gramario@xxxxxx
<BR>>> > >> Date: Sun, 25 Jun 2000 17:43:06 +0200
<BR>>> > >> To: <realtraders@xxxxxxxxxxxxxxx>
<BR>>> > >> Subject: [RT] R: R: Re: Stocks and futures
<BR>>> > >>
<BR>>> > >>
<BR>>> > >> Hi Eliot,
<BR>>> > >> I apologise for the fact that some people perhaps do not realise
<BR>that
<BR>>I
<BR>>> > >> neither live nor operate from or within the US.
<BR>>> > >> I long ago decided that these costs had to be dealt with in
order to
<BR>>be
<BR>>> > free
<BR>>> > >> from some encumberances. I made my plan (much as most of us
do when
<BR>>> > >> trading), and then took steps to nurse and guide it to fruition.
<BR>>> > >> I have no interest in the IRS or any other institution and
there is
<BR>>no
<BR>>> > >> reason why they should an interest in me..
<BR>>> > >> I am not a "declared tax free" as you put it; my position is
<BR>>perfectly
<BR>>> > >> legal.
<BR>>> > >>
<BR>>> > >> As to your question:
<BR>>> > >> "Do you not get audited and harassed by the IRS? There might
be a
<BR>few
<BR>>> > >> significant time, energy, and dollar costs in that, no?"
<BR>>> > >>
<BR>>> > >> The answer is, "No, I do not get audited nor harassed by anyone.
<BR>>Hence,
<BR>>> > >> there are no significant costs (whether they be of a time,
energy,
<BR>or
<BR>>a
<BR>>> > >> dollar nature)."
<BR>>> > >>
<BR>>> > >> Gram,
<BR>>> > >>
<BR>>> > >>> Are you just not paying taxes?
<BR>>> > >>>
<BR>>> > >>> I presume this means you are among the folks who believe you
do not
<BR>>need
<BR>>> > to
<BR>>> > >>> pay, that the Constitution or whatever "asks" for contributions
but
<BR>>does
<BR>>> > >> not
<BR>>> > >>> and doesn't have the right to "demand" them. Is this so?
<BR>>> > >>>
<BR>>> > >>> I've heard of the "declared tax free', but, like many, I'm
sure,
<BR>>have a
<BR>>> > >> hard
<BR>>> > >>> time believing that just not paying would work, and not cause
<BR>>> > significant
<BR>>> > >>> problems.
<BR>>> > >>>
<BR>>> > >>> Want to enlighten us on what you mean? And how long you've
done it
<BR>>> > >>> successfully.
<BR>>> > >>>
<BR>>> > >>> Your point about other trading costs being insignificant in
<BR>relation
<BR>>to
<BR>>> > >>> taxes is clearly so, but I'm sure many of us have a hard time
with
<BR>>the
<BR>>> > idea
<BR>>> > >>> we can just walk away from taxes with no governmental recourse.
<BR>>> > >>>
<BR>>> > >>> Do you not get audited and harassed by the IRS? There might
be a
<BR>few
<BR>>> > >>> significant time, energy, and dollar costs in that, no?
<BR>>> > >>>
<BR>>> > >>> Just an interested citizen, and I apologize to the list that
this
<BR>>> > inquiry
<BR>>> > >> is
<BR>>> > >>> perhaps off topic.
<BR>>> > >>>
<BR>>> > >>> Eliot
<BR>>> > >>>
<BR>>> > >>>
<BR>>> > >>> Eliot Kaplan
<BR>>> > >>>
<BR>>> > >>> email: eliot@xxxxxxx
<BR>>> > >>> web: www.isu.com
<BR>>> > >>>
<BR>>> > >>> ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
<BR>>> > >>>
<BR>>> > >>>
<BR>>> > >>>> From: "Gram" <gramario@xxxxxx>
<BR>>> > >>>> Reply-To: gramario@xxxxxx
<BR>>> > >>>> Date: Sun, 25 Jun 2000 07:39:18 +0200
<BR>>> > >>>> To: <realtraders@xxxxxxxxxxxxxxx>
<BR>>> > >>>> Subject: [RT] R: Re: Stocks and futures
<BR>>> > >>>>
<BR>>> > >>>> So many people spend time comparing brokers commissions,
data
<BR>>feeds,
<BR>>> > etc.
<BR>>> > >>>> which do indeed eat into their trading profits. But instead
of
<BR>>> > >> concentrating
<BR>>> > >>>> solely on trading costs, look at it the other way for a moment:
<BR>>> > eliminate
<BR>>> > >>>> all tax, all accountants, all paperwork, inheritance taxes,
<BR>Capital
<BR>>> > Gains
<BR>>> > >>>> and all corporate taxes and see what this does to your trading
<BR>P&L.
<BR>>> > >>>> Try thinking of it as $1 earned = $1 kept. It is much easier
to
<BR>>become
<BR>>> > a
<BR>>> > >>>> millionaire this way.
<BR>>> > >>>> If you save 30+% a year on such costs, the choice between
CQG or
<BR>>> > >> Quote.com
<BR>>> > >>>> becomes easier. You choose the best there is for your needs!
<BR>>> > >>>> Just an idea.
<BR>>> > >>>> Gram.
<BR>>> > >>>>
<BR>>> > >>>>
<BR>>> > >>>>
<BR>>> > >>>
<BR>>> > >>>
<BR>>> > >>>
<BR>>> > >>
<BR>>> > >>
<BR>>> > >>
<BR>>> > >
<BR>>> > >
<BR>>>
<BR>>>
<BR>>>
<BR>>
<BR>>
<BR>>
<BR>></BLOCKQUOTE>
</BLOCKQUOTE>
</BLOCKQUOTE>
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Status:
There is no with holding tax if you trade from another company, Aust for
example.
if you trade in the UK with spread betting on US markets there is no tax
because it is gambling
Doug
Gram wrote:
> I don't know how it is being done, but my broker does not pass any of these
> charges on to me. I can say no more than that. Neither did any of those I
> used in the past, CMC, E, D, & F Man, Linnco, etc.
>
> Gram.
> -----Messaggio originale-----
> Da: Dennis Holverstott <dennis@xxxxxxxxxx>
> A: realtraders@xxxxxxxxxxxxxxx <realtraders@xxxxxxxxxxxxxxx>
> Data: 25/06/2000 21:49
> Oggetto: [RT] Re: Stocks and futures
>
> >Uh, Doc, are you sure about that withholding for non-US citizens? I'm
> >looking at a Lind account application and it has a Form W-8 where you
> >can certify to the IRS that you are an "Exempt Foreign Person" not
> >subject to US tax laws. My understanding is that exempts you from the
> >withholding just like a W-9 does for US citizens.
> >
> >--
> > Dennis
> >
> >
|