Best Alternative to US Citizenship

PlusMinus · Dec 13, 2009

Quote from Fleming Snopes:

Let me recommend Texas.

+1

SuperVolatility · Dec 13, 2009

US is the best place to be as far as taxes...if you can manage your money right ... you should be able to to avoid paying huge taxes. You just have to learn what to do.

The only tax hits you pay "immediately" in the US is the payroll tax, US government pulls out Fed. State. SSI, SS, taxes before you know it...even then there is a way avoid paying high Fed. State taxes...BUT SSI and Social/MediCaid you can't avoid simply.

I am not advocating tax evasion but rather tax avoidance.

PlusMinus · Dec 13, 2009

Quote from d08:

+1, although definitely not perfectly correlated.

Antisemitism = small brain.

Take a look at the contributions made to mankind by Jews. Anyone who spouts this sick crap around here is pathetic beyond belief.

promagma · Dec 13, 2009

Quote from SuperVolatility:

The only tax hits you pay "immediately" in the US is the payroll tax, US government pulls out Fed. State. SSI, SS, taxes before you know it...even then there is a way avoid paying high Fed. State taxes...BUT SSI and Social/MediCaid you can't avoid simply.

If you are a full-time trader (trader status), SSI and Medicaid are the only taxes that you CAN avoid!

trader3cnd · Dec 14, 2009

Quote from PlusMinus:

Antisemitism = small brain.

Take a look at the contributions made to mankind by Jews. Anyone who spouts this sick crap around here is pathetic beyond belief.

Do you also account for the recent contributions of Mr. Barnie Madoff?

makloda · Dec 14, 2009

Quote from SuperVolatility:

US is the best place to be as far as taxes...if you can manage your money right ... [...]

I am not advocating tax evasion but rather tax avoidance.

Let's say I have $1m in short term capital gains in a given tax year. How do you "manage" these taxes in the US to become significantly lower. As far as I understand the US taxes short term capital gains as ordinary income, i.e. according to the income tax schedule.

Full Tilt · Dec 14, 2009

Quote from makloda:

Let's say I have $1m in short term capital gains in a given tax year. How do you "manage" these taxes in the US to become significantly lower. As far as I understand the US taxes short term capital gains as ordinary income, i.e. according to the income tax schedule.

i'm going to go out on a limb and guess that, if he answers, it'll be a vague 'in the know' reference to a legal offshore entity. i've yet to find anyone who can explain constructing this entity in such a way that is actually legal AND permits them to legally not declare to the IRS the trading gains made in said entity. and it's not because i haven't been asking the question to lawyers and offshore-type specialists.

i have, however, discovered how to avoid taxation completely (listen up guys):

i'm deeply negative for the year. not exactly the solution i was looking for, but taxes are less of a worry when you blow up your account...

marklucas · Dec 14, 2009

Quote from trader3cnd:

Do you also account for the recent contributions of Mr. Barnie Madoff?

Every litter has a runt. They still account for 25% of all Nobel Prize winners...

Trendytrader · Dec 14, 2009

Lone Star State ...go to Texas soon to be country in its own right.

Quote from tman:

I'm thinking about getting out while they still let us. My priorities are access to healthcare, reasonable and stable taxes, and personal liberty. Switzerland?? Singapore??

SNBthetrue · Dec 14, 2009

Quote from PlusMinus:

Antisemitism = small brain.

Take a look at the contributions made to mankind by Jews. Anyone who spouts this sick crap around here is pathetic beyond belief.

thank you !

The enemy of the People will always try to use it on you :

http://www.youtube.com/watch?v=MQRuMIa-R7s

It's called Divide And Conquer... And one of my favorite quote is : Half the programming ( social engineering, or the matrix ) that we receives in their pyramid or heirarchy is how to be a good servant within it. The other half of the programming is about hating and despising thy pyramid or hierarchy that is their polar opposite or anyone that doesn't belong to their pyramid or hierarchy"

WoW... It's called Polarizing... I know that true MM already knows this...

And do you know why the ennemy is doing this ? Because if you turn a Pyramid upside down it will fall on itself as fast as free fall... and greater the top stone will be crunch by all the others stone... boooiiiaaa

United we stand, Divided we fall...