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[RT] Re: R: R: Re: R: Re: R: R: Re: Stocks and futures



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<DIV><FONT face=Arial size=2>There are many living in the Blair Republic of the 
United Kingdom that might welcome the idea of moving to Sark, but I believe The 
Dame of Sark is having her troubles with the Barclay Brothers keeping the island 
in its present state of relaxed beauty, and life may not remain as idyllic as it 
should be.&nbsp; </FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT face=Arial size=2>The Channel Islands have always made it very 
difficult for outsiders to take up residency and the boatloads of people allowed 
to emigrate to our shores are simply not allowed.&nbsp; One wonders how you were 
lucky enough to establish yourself on Sark - not easily, I'm sure.</FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT face=Arial size=2>Tax avoidance has always been the name of the game 
(and the Channel Islands are famous for it!), but tax evasion is illegal in any 
country.&nbsp; It is getting the line right in the sand which is sometimes very 
difficult.&nbsp;&nbsp; Even when you manage to do it, public belief can be 
beggared, as one of Tony's Cronies, Lord Levy&nbsp;found out when yesterday the 
Sunday Times exposed the fact that&nbsp;he only paid £5,000 last year - 
notwithstanding being a multi-mil</FONT><FONT face=Arial 
size=2>lionnaire.&nbsp;&nbsp;When you are that rich, have got Tony to give you a 
peerage and are living off the fat of land of prime ministerial patronage, the 
man in&nbsp;the street expects you to pay taxes - not get out of 
them.&nbsp;&nbsp; Even if what you did was perfectly legal!<FONT face=Arial 
size=2></FONT></FONT></DIV>
<DIV><FONT face=Arial size=2><FONT face=Arial size=2></FONT></FONT>&nbsp;</DIV>
<DIV><FONT face=Arial size=2><FONT face=Arial size=2>Anyway, you might have 
guessed you would have got all the cross-fire over taxation, but it 
was&nbsp;daring of you indeed to cross the person who&nbsp;signs himself "The 
Doctor", as most on this list are silenced when he 
pronounces...&nbsp;</FONT></FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT face=Arial size=2>The fact that you may have found a novel way of 
avoiding tax is something you want to keep to yourself, because, as you have 
seen everyone else gets very hot under the collar&nbsp;and wants to prove 
you&nbsp;wrong...</FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV>&nbsp;</DIV>
<DIV>Bill Eykyn<BR><A 
href="http://www.t-bondtrader.com";>www.t-bondtrader.com</A><BR>"Learn to read 
the tape"</DIV>
<DIV>&nbsp;</DIV>
<DIV>&nbsp;</DIV>
<BLOCKQUOTE 
style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px">
  <DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B> 
  Gram </DIV>
  <DIV style="FONT: 10pt arial"><B>To:</B> <A 
  href="mailto:realtraders@xxxxxxxxxxxxxxx"; 
  title=realtraders@xxxxxxxxxxxxxxx>realtraders@xxxxxxxxxxxxxxx</A> </DIV>
  <DIV style="FONT: 10pt arial"><B>Sent:</B> Monday, June 26, 2000 8:19 AM</DIV>
  <DIV style="FONT: 10pt arial"><B>Subject:</B> [RT] R: R: Re: R: Re: R: R: Re: 
  Stocks and futures</DIV>
  <DIV><BR></DIV>
  <BLOCKQUOTE 
  style="BORDER-LEFT: #000000 2px solid; 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 &lt;g&gt;</FONT> 
      <P><FONT color=#000000 size=4>Cheers,</FONT></P>
      <P><FONT color=#000000 size=4></FONT>Gram.</P>
      <P>&nbsp;</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:&nbsp; 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>&nbsp;&nbsp; Norman 
    <BLOCKQUOTE TYPE="CITE">&nbsp; 
      <P>Cheers, <BR>Gram. <BR>-----Messaggio originale----- <BR>Da: BobR 
      &lt;bobrabcd@xxxxxxxxxxxxx&gt; <BR>A: realtraders@xxxxxxxxxxxxxxx 
      &lt;realtraders@xxxxxxxxxxxxxxx&gt; <BR>Data: 26/06/2000 02:32 
      <BR>Oggetto: [RT] Re: R: Re: R: R: Re: Stocks and futures 
      <P>&gt;Someone who knows him tells me he lives in Italy. <BR>&gt;br 
      <BR>&gt; <BR>&gt;----- Original Message ----- <BR>&gt;From: nwinski 
      &lt;nwinski@xxxxxxxxxxxxxxx&gt; <BR>&gt;To: 
      &lt;realtraders@xxxxxxxxxxxxxxx&gt; <BR>&gt;Cc: 
      &lt;realtraders@xxxxxxxxxxxxxxx&gt; <BR>&gt;Sent: Sunday, June 25, 2000 
      8:21 PM <BR>&gt;Subject: [RT] Re: R: Re: R: R: Re: Stocks and futures 
      <BR>&gt; <BR>&gt; <BR>&gt;&gt; <BR>&gt;&gt; <BR>&gt;&gt; Gram wrote: 
      <BR>&gt;&gt; <BR>&gt;&gt; &gt; Here: <A 
      href="http://www.sark.net/~xott/sarkinfo.html";>http://www.sark.net/~xott/sarkinfo.html</A> 
      <BR>&gt;&gt; &gt; But where you live is only one part of it, you must also 
      organize your <BR>&gt;&gt; &gt; affairs properly. <BR>&gt;&gt; 
      <BR>&gt;&gt; NW: Gram, thanks for the interesting info.&nbsp; However, 
      from what I <BR>gathered, <BR>&gt;if <BR>&gt;&gt; you have a medical 
      <BR>&gt;&gt; emergency, you are dead meat. Enjoying major theater or 
      cultural events <BR>is <BR>&gt;very <BR>&gt;&gt; unlikely without 
      traveling to Paris or London.&nbsp; Traveling anywhere in the 
      <BR>&gt;world <BR>&gt;&gt; is a major production, as you have to travel 
      one hour by boat just to <BR>&gt;connect to <BR>&gt;&gt; other boats to 
      take you where you could get an airplane.&nbsp; You can only <BR>&gt;swim 
      in <BR>&gt;&gt; your pool and then only for a few months before it gets 
      cold. Sark sounds <BR>&gt;quaint <BR>&gt;&gt; and cute, but what good is 
      making more money via sans taxes if you can't <BR>&gt;enjoy <BR>&gt;&gt; 
      life's ementies?&nbsp; Do you have to actually live there or do you just 
      <BR>&gt;establish <BR>&gt;&gt; residency and then live on a tropical isle? 
      <BR>&gt;&gt; <BR>&gt;&gt; Cheers, <BR>&gt;&gt; <BR>&gt;&gt; Norman 
      <BR>&gt;&gt; <BR>&gt;&gt; <BR>&gt;&gt; <BR>&gt;&gt; &gt; <BR>&gt;&gt; &gt; 
      <BR>&gt;&gt; &gt; -----Messaggio originale----- <BR>&gt;&gt; &gt; Da: 
      Eliot Kaplan &lt;eliot@xxxxxxx&gt; <BR>&gt;&gt; &gt; A: 
      &lt;realtraders@xxxxxxxxxxxxxxx&gt;RealTraders 
      <BR>&gt;&lt;realtraders@xxxxxxxxxxxxxxx&gt; <BR>&gt;&gt; &gt; Data: 
      25/06/2000 19:31 <BR>&gt;&gt; &gt; Oggetto: [RT] Re: R: R: Re: Stocks and 
      futures <BR>&gt;&gt; &gt; <BR>&gt;&gt; &gt; &gt;Gram, <BR>&gt;&gt; &gt; 
      &gt; <BR>&gt;&gt; &gt; &gt;Thanks for your response! <BR>&gt;&gt; &gt; 
      &gt; <BR>&gt;&gt; &gt; &gt;I guess the next logical question is: Where 
      (what country &amp; <BR>&gt;state/province) <BR>&gt;&gt; &gt; &gt;have you 
      found that is so resident/income friendly that no taxes are <BR>&gt;&gt; 
      &gt; &gt;required? <BR>&gt;&gt; &gt; &gt; <BR>&gt;&gt; &gt; &gt;My wife is 
      Canadian, so I often ponder whether I could trade from <BR>there 
      <BR>&gt;&gt; &gt; with <BR>&gt;&gt; &gt; &gt;significantly less taxes. 
      <BR>&gt;&gt; &gt; &gt; <BR>&gt;&gt; &gt; &gt;I could get residency through 
      her, and have often considered Vancouver <BR>&gt;and <BR>&gt;&gt; &gt; 
      &gt;its environs a healthier alternative to Southern CA, which is where I 
      <BR>&gt;am <BR>&gt;&gt; &gt; &gt;now. <BR>&gt;&gt; &gt; &gt; <BR>&gt;&gt; 
      &gt; &gt;The US with its ever increasing legal controls, taxes, pollution 
      and <BR>&gt;&gt; &gt; &gt;overpopulation have certainly got me looking at 
      a potentially quieter, <BR>&gt;more <BR>&gt;&gt; &gt; &gt;hassle free 
      existence across the border. <BR>&gt;&gt; &gt; &gt; <BR>&gt;&gt; &gt; 
      &gt;If only winter weren't so extreme! <BR>&gt;&gt; &gt; &gt; <BR>&gt;&gt; 
      &gt; &gt;Perhaps there are no "perfect" places?! <BR>&gt;&gt; &gt; &gt; 
      <BR>&gt;&gt; &gt; &gt;So, where are you pray tell? <BR>&gt;&gt; &gt; &gt; 
      <BR>&gt;&gt; &gt; &gt;Eliot <BR>&gt;&gt; &gt; &gt; <BR>&gt;&gt; &gt; &gt; 
      <BR>&gt;&gt; &gt; &gt; <BR>&gt;&gt; &gt; &gt; <BR>&gt;&gt; &gt; &gt;Eliot 
      Kaplan <BR>&gt;&gt; &gt; &gt; <BR>&gt;&gt; &gt; &gt;email: eliot@xxxxxxx 
      <BR>&gt;&gt; &gt; &gt;web: www.isu.com <BR>&gt;&gt; &gt; &gt; <BR>&gt;&gt; 
      &gt; &gt;^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ <BR>&gt;&gt; &gt; 
      &gt; <BR>&gt;&gt; &gt; &gt; <BR>&gt;&gt; &gt; &gt;&gt; From: "Gram" 
      &lt;gramario@xxxxxx&gt; <BR>&gt;&gt; &gt; &gt;&gt; Reply-To: 
      gramario@xxxxxx <BR>&gt;&gt; &gt; &gt;&gt; Date: Sun, 25 Jun 2000 17:43:06 
      +0200 <BR>&gt;&gt; &gt; &gt;&gt; To: &lt;realtraders@xxxxxxxxxxxxxxx&gt; 
      <BR>&gt;&gt; &gt; &gt;&gt; Subject: [RT] R: R: Re: Stocks and futures 
      <BR>&gt;&gt; &gt; &gt;&gt; <BR>&gt;&gt; &gt; &gt;&gt; <BR>&gt;&gt; &gt; 
      &gt;&gt; Hi Eliot, <BR>&gt;&gt; &gt; &gt;&gt; I apologise for the fact 
      that some people perhaps do not realise <BR>that <BR>&gt;I <BR>&gt;&gt; 
      &gt; &gt;&gt; neither live nor operate from or within the US. <BR>&gt;&gt; 
      &gt; &gt;&gt; I long ago decided that these costs had to be dealt with in 
      order to <BR>&gt;be <BR>&gt;&gt; &gt; free <BR>&gt;&gt; &gt; &gt;&gt; from 
      some encumberances. I made my plan (much as most of us do when 
      <BR>&gt;&gt; &gt; &gt;&gt; trading), and then took steps to nurse and 
      guide it to fruition. <BR>&gt;&gt; &gt; &gt;&gt; I have no interest in the 
      IRS or any other institution and there is <BR>&gt;no <BR>&gt;&gt; &gt; 
      &gt;&gt; reason why they should an interest in me.. <BR>&gt;&gt; &gt; 
      &gt;&gt; I am not a "declared tax free" as you put it; my position is 
      <BR>&gt;perfectly <BR>&gt;&gt; &gt; &gt;&gt; legal. <BR>&gt;&gt; &gt; 
      &gt;&gt; <BR>&gt;&gt; &gt; &gt;&gt; As to your question: <BR>&gt;&gt; &gt; 
      &gt;&gt; "Do you not get audited and harassed by the IRS? There might be a 
      <BR>few <BR>&gt;&gt; &gt; &gt;&gt; significant time, energy, and dollar 
      costs in that, no?" <BR>&gt;&gt; &gt; &gt;&gt; <BR>&gt;&gt; &gt; &gt;&gt; 
      The answer is, "No, I do not get audited nor harassed by anyone. 
      <BR>&gt;Hence, <BR>&gt;&gt; &gt; &gt;&gt; there are no significant costs 
      (whether they be of a time, energy, <BR>or <BR>&gt;a <BR>&gt;&gt; &gt; 
      &gt;&gt; dollar nature)." <BR>&gt;&gt; &gt; &gt;&gt; <BR>&gt;&gt; &gt; 
      &gt;&gt; Gram, <BR>&gt;&gt; &gt; &gt;&gt; <BR>&gt;&gt; &gt; &gt;&gt;&gt; 
      Are you just not paying taxes? <BR>&gt;&gt; &gt; &gt;&gt;&gt; <BR>&gt;&gt; 
      &gt; &gt;&gt;&gt; I presume this means you are among the folks who believe 
      you do not <BR>&gt;need <BR>&gt;&gt; &gt; to <BR>&gt;&gt; &gt; 
      &gt;&gt;&gt; pay, that the Constitution or whatever "asks" for 
      contributions but <BR>&gt;does <BR>&gt;&gt; &gt; &gt;&gt; not <BR>&gt;&gt; 
      &gt; &gt;&gt;&gt; and doesn't have the right to "demand" them. Is this so? 
      <BR>&gt;&gt; &gt; &gt;&gt;&gt; <BR>&gt;&gt; &gt; &gt;&gt;&gt; I've heard 
      of the "declared tax free', but, like many, I'm sure, <BR>&gt;have a 
      <BR>&gt;&gt; &gt; &gt;&gt; hard <BR>&gt;&gt; &gt; &gt;&gt;&gt; time 
      believing that just not paying would work, and not cause <BR>&gt;&gt; &gt; 
      significant <BR>&gt;&gt; &gt; &gt;&gt;&gt; problems. <BR>&gt;&gt; &gt; 
      &gt;&gt;&gt; <BR>&gt;&gt; &gt; &gt;&gt;&gt; Want to enlighten us on what 
      you mean? And how long you've done it <BR>&gt;&gt; &gt; &gt;&gt;&gt; 
      successfully. <BR>&gt;&gt; &gt; &gt;&gt;&gt; <BR>&gt;&gt; &gt; 
      &gt;&gt;&gt; Your point about other trading costs being insignificant in 
      <BR>relation <BR>&gt;to <BR>&gt;&gt; &gt; &gt;&gt;&gt; taxes is clearly 
      so, but I'm sure many of us have a hard time with <BR>&gt;the <BR>&gt;&gt; 
      &gt; idea <BR>&gt;&gt; &gt; &gt;&gt;&gt; we can just walk away from taxes 
      with no governmental recourse. <BR>&gt;&gt; &gt; &gt;&gt;&gt; <BR>&gt;&gt; 
      &gt; &gt;&gt;&gt; Do you not get audited and harassed by the IRS? There 
      might be a <BR>few <BR>&gt;&gt; &gt; &gt;&gt;&gt; significant time, 
      energy, and dollar costs in that, no? <BR>&gt;&gt; &gt; &gt;&gt;&gt; 
      <BR>&gt;&gt; &gt; &gt;&gt;&gt; Just an interested citizen, and I apologize 
      to the list that this <BR>&gt;&gt; &gt; inquiry <BR>&gt;&gt; &gt; &gt;&gt; 
      is <BR>&gt;&gt; &gt; &gt;&gt;&gt; perhaps off topic. <BR>&gt;&gt; &gt; 
      &gt;&gt;&gt; <BR>&gt;&gt; &gt; &gt;&gt;&gt; Eliot <BR>&gt;&gt; &gt; 
      &gt;&gt;&gt; <BR>&gt;&gt; &gt; &gt;&gt;&gt; <BR>&gt;&gt; &gt; &gt;&gt;&gt; 
      Eliot Kaplan <BR>&gt;&gt; &gt; &gt;&gt;&gt; <BR>&gt;&gt; &gt; &gt;&gt;&gt; 
      email: eliot@xxxxxxx <BR>&gt;&gt; &gt; &gt;&gt;&gt; web: www.isu.com 
      <BR>&gt;&gt; &gt; &gt;&gt;&gt; <BR>&gt;&gt; &gt; &gt;&gt;&gt; 
      ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ <BR>&gt;&gt; &gt; 
      &gt;&gt;&gt; <BR>&gt;&gt; &gt; &gt;&gt;&gt; <BR>&gt;&gt; &gt; 
      &gt;&gt;&gt;&gt; From: "Gram" &lt;gramario@xxxxxx&gt; <BR>&gt;&gt; &gt; 
      &gt;&gt;&gt;&gt; Reply-To: gramario@xxxxxx <BR>&gt;&gt; &gt; 
      &gt;&gt;&gt;&gt; Date: Sun, 25 Jun 2000 07:39:18 +0200 <BR>&gt;&gt; &gt; 
      &gt;&gt;&gt;&gt; To: &lt;realtraders@xxxxxxxxxxxxxxx&gt; <BR>&gt;&gt; &gt; 
      &gt;&gt;&gt;&gt; Subject: [RT] R: Re: Stocks and futures <BR>&gt;&gt; &gt; 
      &gt;&gt;&gt;&gt; <BR>&gt;&gt; &gt; &gt;&gt;&gt;&gt; So many people spend 
      time comparing brokers commissions, data <BR>&gt;feeds, <BR>&gt;&gt; &gt; 
      etc. <BR>&gt;&gt; &gt; &gt;&gt;&gt;&gt; which do indeed eat into their 
      trading profits. But instead of <BR>&gt;&gt; &gt; &gt;&gt; concentrating 
      <BR>&gt;&gt; &gt; &gt;&gt;&gt;&gt; solely on trading costs, look at it the 
      other way for a moment: <BR>&gt;&gt; &gt; eliminate <BR>&gt;&gt; &gt; 
      &gt;&gt;&gt;&gt; all tax, all accountants, all paperwork, inheritance 
      taxes, <BR>Capital <BR>&gt;&gt; &gt; Gains <BR>&gt;&gt; &gt; 
      &gt;&gt;&gt;&gt; and all corporate taxes and see what this does to your 
      trading <BR>P&amp;L. <BR>&gt;&gt; &gt; &gt;&gt;&gt;&gt; Try thinking of it 
      as $1 earned = $1 kept. It is much easier to <BR>&gt;become <BR>&gt;&gt; 
      &gt; a <BR>&gt;&gt; &gt; &gt;&gt;&gt;&gt; millionaire this way. 
      <BR>&gt;&gt; &gt; &gt;&gt;&gt;&gt; If you save 30+% a year on such costs, 
      the choice between CQG or <BR>&gt;&gt; &gt; &gt;&gt; Quote.com 
      <BR>&gt;&gt; &gt; &gt;&gt;&gt;&gt; becomes easier. You choose the best 
      there is for your needs! <BR>&gt;&gt; &gt; &gt;&gt;&gt;&gt; Just an idea. 
      <BR>&gt;&gt; &gt; &gt;&gt;&gt;&gt; Gram. <BR>&gt;&gt; &gt; 
      &gt;&gt;&gt;&gt; <BR>&gt;&gt; &gt; &gt;&gt;&gt;&gt; <BR>&gt;&gt; &gt; 
      &gt;&gt;&gt;&gt; <BR>&gt;&gt; &gt; &gt;&gt;&gt; <BR>&gt;&gt; &gt; 
      &gt;&gt;&gt; <BR>&gt;&gt; &gt; &gt;&gt;&gt; <BR>&gt;&gt; &gt; &gt;&gt; 
      <BR>&gt;&gt; &gt; &gt;&gt; <BR>&gt;&gt; &gt; &gt;&gt; <BR>&gt;&gt; &gt; 
      &gt; <BR>&gt;&gt; &gt; &gt; <BR>&gt;&gt; <BR>&gt;&gt; <BR>&gt;&gt; 
      <BR>&gt; <BR>&gt; <BR>&gt; 
<BR>&gt;</P></BLOCKQUOTE></BLOCKQUOTE></BLOCKQUOTE></BODY></HTML>
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From: "Gram" <gramario@xxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Subject: [RT] R: R: R: Re: R: Re: R: R: Re: Stocks and futures
Date: Mon, 26 Jun 2000 12:28:28 +0200
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<DIV><FONT color=#000000 size=4>Tx. Bill,</FONT></DIV>
<DIV><FONT color=#000000 size=4></FONT>Just one correction. The Dame of Sark is 
dead. Michael Beamont is now the Seugnieur</DIV>
<DIV>All the best,</DIV>
<DIV>Gram.</DIV>
<BLOCKQUOTE 
style="BORDER-LEFT: #000000 solid 2px; MARGIN-LEFT: 5px; PADDING-LEFT: 5px">
    <DIV><FONT face=Arial size=2><B>Oggetto: </B>Re: [RT] R: R: Re: R: Re: R: R: 
    Re: Stocks and futures<BR><BR></DIV></FONT>
    <DIV><FONT face=Arial size=2>There are many living in the Blair Republic of 
    the United Kingdom that might welcome the idea of moving to Sark, but I 
    believe The Dame of Sark is having her troubles with the Barclay Brothers 
    keeping the island in its present state of relaxed beauty, and life may not 
    remain as idyllic as it should be.&nbsp; </FONT></DIV>
    <DIV>&nbsp;</DIV>
    <DIV><FONT face=Arial size=2>The Channel Islands have always made it very 
    difficult for outsiders to take up residency and the boatloads of people 
    allowed to emigrate to our shores are simply not allowed.&nbsp; One wonders 
    how you were lucky enough to establish yourself on Sark - not easily, I'm 
    sure.</FONT></DIV>
    <DIV>&nbsp;</DIV>
    <DIV><FONT face=Arial size=2>Tax avoidance has always been the name of the 
    game (and the Channel Islands are famous for it!), but tax evasion is 
    illegal in any country.&nbsp; It is getting the line right in the sand which 
    is sometimes very difficult.&nbsp;&nbsp; Even when you manage to do it, 
    public belief can be beggared, as one of Tony's Cronies, Lord 
    Levy&nbsp;found out when yesterday the Sunday Times exposed the fact 
    that&nbsp;he only paid &pound;5,000 last year - notwithstanding being a 
    multi-mil</FONT><FONT face=Arial size=2>lionnaire.&nbsp;&nbsp;When you are 
    that rich, have got Tony to give you a peerage and are living off the fat of 
    land of prime ministerial patronage, the man in&nbsp;the street expects you 
    to pay taxes - not get out of them.&nbsp;&nbsp; Even if what you did was 
    perfectly legal!<FONT face=Arial size=2></FONT></FONT></DIV>
    <DIV><FONT face=Arial size=2><FONT face=Arial 
    size=2></FONT></FONT>&nbsp;</DIV>
    <DIV><FONT face=Arial size=2><FONT face=Arial size=2>Anyway, you might have 
    guessed you would have got all the cross-fire over taxation, but it 
    was&nbsp;daring of you indeed to cross the person who&nbsp;signs himself 
    &quot;The Doctor&quot;, as most on this list are silenced when he 
    pronounces...&nbsp;</FONT></FONT></DIV>
    <DIV>&nbsp;</DIV>
    <DIV><FONT face=Arial size=2>The fact that you may have found a novel way of 
    avoiding tax is something you want to keep to yourself, because, as you have 
    seen everyone else gets very hot under the collar&nbsp;and wants to prove 
    you&nbsp;wrong...</FONT></DIV>
    <DIV>&nbsp;</DIV>
    <DIV>&nbsp;</DIV>
    <DIV>Bill Eykyn<BR><A 
    href="http://www.t-bondtrader.com";>www.t-bondtrader.com</A><BR>&quot;Learn 
    to read the tape&quot;</DIV>
    <DIV>&nbsp;</DIV>
    <DIV>&nbsp;</DIV>
    <BLOCKQUOTE 
    style="BORDER-LEFT: #000000 solid 2px; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px">
        <DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
        <DIV 
        style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B> 
        Gram </DIV>
        <DIV style="FONT: 10pt arial"><B>To:</B> <A 
        href="mailto:realtraders@xxxxxxxxxxxxxxx"; 
        title=realtraders@xxxxxxxxxxxxxxx>realtraders@xxxxxxxxxxxxxxx</A> </DIV>
        <DIV style="FONT: 10pt arial"><B>Sent:</B> Monday, June 26, 2000 8:19 
        AM</DIV>
        <DIV style="FONT: 10pt arial"><B>Subject:</B> [RT] R: R: Re: R: Re: R: 
        R: Re: Stocks and futures</DIV>
        <DIV><BR></DIV>
        <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 &lt;g&gt;</FONT> 
                <P><FONT color=#000000 size=4>Cheers,</FONT></P>
                <P><FONT color=#000000 size=4></FONT>Gram.</P>
                <P>&nbsp;</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:&nbsp; 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>&nbsp;&nbsp; Norman 
            <BLOCKQUOTE TYPE = CITE>&nbsp; 
                <P>Cheers, <BR>Gram. <BR>-----Messaggio originale----- <BR>Da: 
                BobR &lt;bobrabcd@xxxxxxxxxxxxx&gt; <BR>A: 
                realtraders@xxxxxxxxxxxxxxx &lt;realtraders@xxxxxxxxxxxxxxx&gt; 
                <BR>Data: 26/06/2000 02:32 <BR>Oggetto: [RT] Re: R: Re: R: R: 
                Re: Stocks and futures 
                <P>&gt;Someone who knows him tells me he lives in Italy. 
                <BR>&gt;br <BR>&gt; <BR>&gt;----- Original Message ----- 
                <BR>&gt;From: nwinski &lt;nwinski@xxxxxxxxxxxxxxx&gt; 
                <BR>&gt;To: &lt;realtraders@xxxxxxxxxxxxxxx&gt; <BR>&gt;Cc: 
                &lt;realtraders@xxxxxxxxxxxxxxx&gt; <BR>&gt;Sent: Sunday, June 
                25, 2000 8:21 PM <BR>&gt;Subject: [RT] Re: R: Re: R: R: Re: 
                Stocks and futures <BR>&gt; <BR>&gt; <BR>&gt;&gt; <BR>&gt;&gt; 
                <BR>&gt;&gt; Gram wrote: <BR>&gt;&gt; <BR>&gt;&gt; &gt; Here: <A 
                href="http://www.sark.net/~xott/sarkinfo.html";>http://www.sark.net/~xott/sarkinfo.html</A> 
                <BR>&gt;&gt; &gt; But where you live is only one part of it, you 
                must also organize your <BR>&gt;&gt; &gt; affairs properly. 
                <BR>&gt;&gt; <BR>&gt;&gt; NW: Gram, thanks for the interesting 
                info.&nbsp; However, from what I <BR>gathered, <BR>&gt;if 
                <BR>&gt;&gt; you have a medical <BR>&gt;&gt; emergency, you are 
                dead meat. Enjoying major theater or cultural events <BR>is 
                <BR>&gt;very <BR>&gt;&gt; unlikely without traveling to Paris or 
                London.&nbsp; Traveling anywhere in the <BR>&gt;world 
                <BR>&gt;&gt; is a major production, as you have to travel one 
                hour by boat just to <BR>&gt;connect to <BR>&gt;&gt; other boats 
                to take you where you could get an airplane.&nbsp; You can only 
                <BR>&gt;swim in <BR>&gt;&gt; your pool and then only for a few 
                months before it gets cold. Sark sounds <BR>&gt;quaint 
                <BR>&gt;&gt; and cute, but what good is making more money via 
                sans taxes if you can't <BR>&gt;enjoy <BR>&gt;&gt; life's 
                ementies?&nbsp; Do you have to actually live there or do you 
                just <BR>&gt;establish <BR>&gt;&gt; residency and then live on a 
                tropical isle? <BR>&gt;&gt; <BR>&gt;&gt; Cheers, <BR>&gt;&gt; 
                <BR>&gt;&gt; Norman <BR>&gt;&gt; <BR>&gt;&gt; <BR>&gt;&gt; 
                <BR>&gt;&gt; &gt; <BR>&gt;&gt; &gt; <BR>&gt;&gt; &gt; 
                -----Messaggio originale----- <BR>&gt;&gt; &gt; Da: Eliot Kaplan 
                &lt;eliot@xxxxxxx&gt; <BR>&gt;&gt; &gt; A: 
                &lt;realtraders@xxxxxxxxxxxxxxx&gt;RealTraders 
                <BR>&gt;&lt;realtraders@xxxxxxxxxxxxxxx&gt; <BR>&gt;&gt; &gt; 
                Data: 25/06/2000 19:31 <BR>&gt;&gt; &gt; Oggetto: [RT] Re: R: R: 
                Re: Stocks and futures <BR>&gt;&gt; &gt; <BR>&gt;&gt; &gt; 
                &gt;Gram, <BR>&gt;&gt; &gt; &gt; <BR>&gt;&gt; &gt; &gt;Thanks 
                for your response! <BR>&gt;&gt; &gt; &gt; <BR>&gt;&gt; &gt; 
                &gt;I guess the next logical question is: Where (what country 
                &amp; <BR>&gt;state/province) <BR>&gt;&gt; &gt; &gt;have you 
                found that is so resident/income friendly that no taxes are 
                <BR>&gt;&gt; &gt; &gt;required? <BR>&gt;&gt; &gt; &gt; 
                <BR>&gt;&gt; &gt; &gt;My wife is Canadian, so I often ponder 
                whether I could trade from <BR>there <BR>&gt;&gt; &gt; with 
                <BR>&gt;&gt; &gt; &gt;significantly less taxes. <BR>&gt;&gt; 
                &gt; &gt; <BR>&gt;&gt; &gt; &gt;I could get residency through 
                her, and have often considered Vancouver <BR>&gt;and 
                <BR>&gt;&gt; &gt; &gt;its environs a healthier alternative to 
                Southern CA, which is where I <BR>&gt;am <BR>&gt;&gt; &gt; 
                &gt;now. <BR>&gt;&gt; &gt; &gt; <BR>&gt;&gt; &gt; &gt;The US 
                with its ever increasing legal controls, taxes, pollution and 
                <BR>&gt;&gt; &gt; &gt;overpopulation have certainly got me 
                looking at a potentially quieter, <BR>&gt;more <BR>&gt;&gt; &gt; 
                &gt;hassle free existence across the border. <BR>&gt;&gt; &gt; 
                &gt; <BR>&gt;&gt; &gt; &gt;If only winter weren't so extreme! 
                <BR>&gt;&gt; &gt; &gt; <BR>&gt;&gt; &gt; &gt;Perhaps there are 
                no &quot;perfect&quot; places?! <BR>&gt;&gt; &gt; &gt; 
                <BR>&gt;&gt; &gt; &gt;So, where are you pray tell? <BR>&gt;&gt; 
                &gt; &gt; <BR>&gt;&gt; &gt; &gt;Eliot <BR>&gt;&gt; &gt; &gt; 
                <BR>&gt;&gt; &gt; &gt; <BR>&gt;&gt; &gt; &gt; <BR>&gt;&gt; &gt; 
                &gt; <BR>&gt;&gt; &gt; &gt;Eliot Kaplan <BR>&gt;&gt; &gt; &gt; 
                <BR>&gt;&gt; &gt; &gt;email: eliot@xxxxxxx <BR>&gt;&gt; &gt; 
                &gt;web: www.isu.com <BR>&gt;&gt; &gt; &gt; <BR>&gt;&gt; &gt; 
                &gt;^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ <BR>&gt;&gt; 
                &gt; &gt; <BR>&gt;&gt; &gt; &gt; <BR>&gt;&gt; &gt; &gt;&gt; 
                From: &quot;Gram&quot; &lt;gramario@xxxxxx&gt; <BR>&gt;&gt; &gt; 
                &gt;&gt; Reply-To: gramario@xxxxxx <BR>&gt;&gt; &gt; &gt;&gt; 
                Date: Sun, 25 Jun 2000 17:43:06 +0200 <BR>&gt;&gt; &gt; &gt;&gt; 
                To: &lt;realtraders@xxxxxxxxxxxxxxx&gt; <BR>&gt;&gt; &gt; 
                &gt;&gt; Subject: [RT] R: R: Re: Stocks and futures <BR>&gt;&gt; 
                &gt; &gt;&gt; <BR>&gt;&gt; &gt; &gt;&gt; <BR>&gt;&gt; &gt; 
                &gt;&gt; Hi Eliot, <BR>&gt;&gt; &gt; &gt;&gt; I apologise for 
                the fact that some people perhaps do not realise <BR>that 
                <BR>&gt;I <BR>&gt;&gt; &gt; &gt;&gt; neither live nor operate 
                from or within the US. <BR>&gt;&gt; &gt; &gt;&gt; I long ago 
                decided that these costs had to be dealt with in order to 
                <BR>&gt;be <BR>&gt;&gt; &gt; free <BR>&gt;&gt; &gt; &gt;&gt; 
                from some encumberances. I made my plan (much as most of us do 
                when <BR>&gt;&gt; &gt; &gt;&gt; trading), and then took steps to 
                nurse and guide it to fruition. <BR>&gt;&gt; &gt; &gt;&gt; I 
                have no interest in the IRS or any other institution and there 
                is <BR>&gt;no <BR>&gt;&gt; &gt; &gt;&gt; reason why they should 
                an interest in me.. <BR>&gt;&gt; &gt; &gt;&gt; I am not a 
                &quot;declared tax free&quot; as you put it; my position is 
                <BR>&gt;perfectly <BR>&gt;&gt; &gt; &gt;&gt; legal. <BR>&gt;&gt; 
                &gt; &gt;&gt; <BR>&gt;&gt; &gt; &gt;&gt; As to your question: 
                <BR>&gt;&gt; &gt; &gt;&gt; &quot;Do you not get audited and 
                harassed by the IRS? There might be a <BR>few <BR>&gt;&gt; &gt; 
                &gt;&gt; significant time, energy, and dollar costs in that, 
                no?&quot; <BR>&gt;&gt; &gt; &gt;&gt; <BR>&gt;&gt; &gt; &gt;&gt; 
                The answer is, &quot;No, I do not get audited nor harassed by 
                anyone. <BR>&gt;Hence, <BR>&gt;&gt; &gt; &gt;&gt; there are no 
                significant costs (whether they be of a time, energy, <BR>or 
                <BR>&gt;a <BR>&gt;&gt; &gt; &gt;&gt; dollar nature).&quot; 
                <BR>&gt;&gt; &gt; &gt;&gt; <BR>&gt;&gt; &gt; &gt;&gt; Gram, 
                <BR>&gt;&gt; &gt; &gt;&gt; <BR>&gt;&gt; &gt; &gt;&gt;&gt; Are 
                you just not paying taxes? <BR>&gt;&gt; &gt; &gt;&gt;&gt; 
                <BR>&gt;&gt; &gt; &gt;&gt;&gt; I presume this means you are 
                among the folks who believe you do not <BR>&gt;need <BR>&gt;&gt; 
                &gt; to <BR>&gt;&gt; &gt; &gt;&gt;&gt; pay, that the 
                Constitution or whatever &quot;asks&quot; for contributions but 
                <BR>&gt;does <BR>&gt;&gt; &gt; &gt;&gt; not <BR>&gt;&gt; &gt; 
                &gt;&gt;&gt; and doesn't have the right to &quot;demand&quot; 
                them. Is this so? <BR>&gt;&gt; &gt; &gt;&gt;&gt; <BR>&gt;&gt; 
                &gt; &gt;&gt;&gt; I've heard of the &quot;declared tax free', 
                but, like many, I'm sure, <BR>&gt;have a <BR>&gt;&gt; &gt; 
                &gt;&gt; hard <BR>&gt;&gt; &gt; &gt;&gt;&gt; time believing that 
                just not paying would work, and not cause <BR>&gt;&gt; &gt; 
                significant <BR>&gt;&gt; &gt; &gt;&gt;&gt; problems. 
                <BR>&gt;&gt; &gt; &gt;&gt;&gt; <BR>&gt;&gt; &gt; &gt;&gt;&gt; 
                Want to enlighten us on what you mean? And how long you've done 
                it <BR>&gt;&gt; &gt; &gt;&gt;&gt; successfully. <BR>&gt;&gt; 
                &gt; &gt;&gt;&gt; <BR>&gt;&gt; &gt; &gt;&gt;&gt; Your point 
                about other trading costs being insignificant in <BR>relation 
                <BR>&gt;to <BR>&gt;&gt; &gt; &gt;&gt;&gt; taxes is clearly so, 
                but I'm sure many of us have a hard time with <BR>&gt;the 
                <BR>&gt;&gt; &gt; idea <BR>&gt;&gt; &gt; &gt;&gt;&gt; we can 
                just walk away from taxes with no governmental recourse. 
                <BR>&gt;&gt; &gt; &gt;&gt;&gt; <BR>&gt;&gt; &gt; &gt;&gt;&gt; Do 
                you not get audited and harassed by the IRS? There might be a 
                <BR>few <BR>&gt;&gt; &gt; &gt;&gt;&gt; significant time, energy, 
                and dollar costs in that, no? <BR>&gt;&gt; &gt; &gt;&gt;&gt; 
                <BR>&gt;&gt; &gt; &gt;&gt;&gt; Just an interested citizen, and I 
                apologize to the list that this <BR>&gt;&gt; &gt; inquiry 
                <BR>&gt;&gt; &gt; &gt;&gt; is <BR>&gt;&gt; &gt; &gt;&gt;&gt; 
                perhaps off topic. <BR>&gt;&gt; &gt; &gt;&gt;&gt; <BR>&gt;&gt; 
                &gt; &gt;&gt;&gt; Eliot <BR>&gt;&gt; &gt; &gt;&gt;&gt; 
                <BR>&gt;&gt; &gt; &gt;&gt;&gt; <BR>&gt;&gt; &gt; &gt;&gt;&gt; 
                Eliot Kaplan <BR>&gt;&gt; &gt; &gt;&gt;&gt; <BR>&gt;&gt; &gt; 
                &gt;&gt;&gt; email: eliot@xxxxxxx <BR>&gt;&gt; &gt; &gt;&gt;&gt; 
                web: www.isu.com <BR>&gt;&gt; &gt; &gt;&gt;&gt; <BR>&gt;&gt; 
                &gt; &gt;&gt;&gt; ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ 
                <BR>&gt;&gt; &gt; &gt;&gt;&gt; <BR>&gt;&gt; &gt; &gt;&gt;&gt; 
                <BR>&gt;&gt; &gt; &gt;&gt;&gt;&gt; From: &quot;Gram&quot; 
                &lt;gramario@xxxxxx&gt; <BR>&gt;&gt; &gt; &gt;&gt;&gt;&gt; 
                Reply-To: gramario@xxxxxx <BR>&gt;&gt; &gt; &gt;&gt;&gt;&gt; 
                Date: Sun, 25 Jun 2000 07:39:18 +0200 <BR>&gt;&gt; &gt; 
                &gt;&gt;&gt;&gt; To: &lt;realtraders@xxxxxxxxxxxxxxx&gt; 
                <BR>&gt;&gt; &gt; &gt;&gt;&gt;&gt; Subject: [RT] R: Re: Stocks 
                and futures <BR>&gt;&gt; &gt; &gt;&gt;&gt;&gt; <BR>&gt;&gt; &gt; 
                &gt;&gt;&gt;&gt; So many people spend time comparing brokers 
                commissions, data <BR>&gt;feeds, <BR>&gt;&gt; &gt; etc. 
                <BR>&gt;&gt; &gt; &gt;&gt;&gt;&gt; which do indeed eat into 
                their trading profits. But instead of <BR>&gt;&gt; &gt; &gt;&gt; 
                concentrating <BR>&gt;&gt; &gt; &gt;&gt;&gt;&gt; solely on 
                trading costs, look at it the other way for a moment: 
                <BR>&gt;&gt; &gt; eliminate <BR>&gt;&gt; &gt; &gt;&gt;&gt;&gt; 
                all tax, all accountants, all paperwork, inheritance taxes, 
                <BR>Capital <BR>&gt;&gt; &gt; Gains <BR>&gt;&gt; &gt; 
                &gt;&gt;&gt;&gt; and all corporate taxes and see what this does 
                to your trading <BR>P&amp;L. <BR>&gt;&gt; &gt; &gt;&gt;&gt;&gt; 
                Try thinking of it as $1 earned = $1 kept. It is much easier to 
                <BR>&gt;become <BR>&gt;&gt; &gt; a <BR>&gt;&gt; &gt; 
                &gt;&gt;&gt;&gt; millionaire this way. <BR>&gt;&gt; &gt; 
                &gt;&gt;&gt;&gt; If you save 30+% a year on such costs, the 
                choice between CQG or <BR>&gt;&gt; &gt; &gt;&gt; Quote.com 
                <BR>&gt;&gt; &gt; &gt;&gt;&gt;&gt; becomes easier. You choose 
                the best there is for your needs! <BR>&gt;&gt; &gt; 
                &gt;&gt;&gt;&gt; Just an idea. <BR>&gt;&gt; &gt; 
                &gt;&gt;&gt;&gt; Gram. <BR>&gt;&gt; &gt; &gt;&gt;&gt;&gt; 
                <BR>&gt;&gt; &gt; &gt;&gt;&gt;&gt; <BR>&gt;&gt; &gt; 
                &gt;&gt;&gt;&gt; <BR>&gt;&gt; &gt; &gt;&gt;&gt; <BR>&gt;&gt; 
                &gt; &gt;&gt;&gt; <BR>&gt;&gt; &gt; &gt;&gt;&gt; <BR>&gt;&gt; 
                &gt; &gt;&gt; <BR>&gt;&gt; &gt; &gt;&gt; <BR>&gt;&gt; &gt; 
                &gt;&gt; <BR>&gt;&gt; &gt; &gt; <BR>&gt;&gt; &gt; &gt; 
                <BR>&gt;&gt; <BR>&gt;&gt; <BR>&gt;&gt; <BR>&gt; <BR>&gt; 
                <BR>&gt; 
<BR>&gt;</P></BLOCKQUOTE></BLOCKQUOTE></BLOCKQUOTE></BLOCKQUOTE></BODY></HTML>
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