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You stopped reading when I demonstrated that you lack a basic understanding of what a mathmatical average represents? (BTW, so called tax freedom day suffers from the exact same failure to understand what an average represents). Sorry, but I just can't in good conscience engage in a bottle of...

First off, "insanely low" wasn't my quote. But if we're going to have an intelligent discussion on this you've got to show some basic intelligence. Your interpretation of the graph you linked to is a rookie mistake in understanding averages and what they mean. It doesn't show that taxes are the...

Who decided you should pay less on taxes than on food, clothing, and shelter combined? You? Someone from an anti-tax group? The folks in Somalia pay significantly less on taxes than on food, clothing, and shelter combined. Using that simplistic metric they must be far better off than Americans.

Google "life in Somalia" and the scales will fall from your eyes. We (or at least @Maverick74) are finance professionals, we aren't unaware of what we pay in taxes.

Is it possible though to form a corporation in a low/no tax country which does all the trading, and simply pays you an annual dividend which is the net profit (or pays you a salary equal to it's net profit), and in that way avoid the 25% "daytrading" tax?

The OP asked "How do daytraders even make a living if they have to pay such a high tax rate?" I would point out that all the tax rates being pointed out here are marginal rates, some of which kick in at incomes over $500,000 ($600,000 married) and obviously exclude deductions. Most would...

Worry about making a profit first. In most jurisdictions you've got to make it over that hurdle before you pay any taxes, and most don't. In the U.S. you're taxed at ordinary income rates, less if you trade futures. Much less than 50%, same as any other earned income so no different than having...

First, you do realize that companies not only are allowed to sell patents but do it all the time? Second, how does not disclosing a patent work? I'm an entrepreneur. When I start a new project, one I'm about to sink a significant amount of money and time into, I check to see if anything I'm...

Well it looks like we've accomplished all we can here today. You're aware of an entire process you didn't know existed before today, so we'll take baby steps if we can get them. Hopefully you'll do some research on your own to determine if the barriers you think exist actually do, seems like...

Let's be logically clear and concise. You posited that the government was rejecting A-76 determinations or making them too hard, i.e. a private company said could do something but the government either said they couldn't or made it so hard to proceed that they couldn't question it. Posited with...

You probably need to know a bit about logic to point out logical errors, and you'll need to name the fallacies, not just a generic "logical errors", that's meaningless. I'll count it as a win for knowledge that you now know that A-76 exists. Is it effective? Again I've seen a bunch of cases...

Well good, we've progressed from the point where you think the mythical "private sector" can buy F-35's to the point where you simply think we should try to be more efficient in government procurement. Well done! I agree. If there's a problem with A-76 determinations I'm all for reforming it...

You still haven't answered what should be a very simple question for you, how do you privatize F-35 production spending, which is what you're now apparently talking about? Lockheed Martin just builds them on spec and then charges everyone a per bullet or per missile fee when they defend their...

:banghead::banghead::banghead: Dude, AF1 is built by Boeing, a PRIVATE COMPANY! The F35 is built by Lockheed Martin, A PRIVATE COMPANY! Halliburton is a PRIVATE COMPANY! Your examples make no sense, how could the F-35 have been done more effectively with your vaunted "private sector"? Find a...

Simple question you can't seem to answer, what was the "private sector" solution to the Halliburton no bid contract? What is the "private sector" solution to the F-35? I'm open to any "logic" you care to share, so far you just keep repeatedly saying we need "private sector" solutions and citing...

That's exactly the nativity I'm reffering to! The Air Force One project is huge and complex, and if you buy the whole "Trump negotiated" line of bullshit it demonstrates ones lack of knowledge on that particular procurement is eclipsed only by one's blind acceptance of the tweets of an imbicle...

I want you to stop and really think about that throwaway statement you just made "just look at all the waste by the DoD". What "waste" exactly are you talking about? The "waste" paid to private companies who make all the U.S. weapons systems? But I thought private industry was always better? Or...

As someone who's spent a good deal of time in the Caribbean there's some massive misconceptions here. 1. The Bahamas are so close to Miami that you can see Bimini from the time you take off from the Miami airport. Literally, closer to go almost anywhere in the Bahamas from Miami than to...

Short answer, no, even if you took out transaction costs and liquidity. Intuitively, think about it this way. The current optionality value of an option is based on it's currently IV. If you're speculating on options, you're really speculating on an IV mispricing, which implicitly means you...

Right? And we're just destroying all those healthcare jobs taking care of people with black lung and respritory disease...clearly un-'Murican!