Cable VS DSL

[nitro]

Originally posted by metooxx
Nitro,

Less than $100 month, with 3 different providers. Cheap pirated satellite TV and relatively inexpensive housing.

Michael

Okay,

That's a no brainer then.

Hmmm......

Thanks metoo.

nitro

 

[metooxx]

And you don't pay taxes on about $200 K +, legally.

 

[nitro]

Originally posted by metooxx
And you don't pay taxes on about $200 K +, legally.

You mean that I won't pay taxes on anything _ABOVE_ 200K+? Is this for earnings for me and my wife, or for me as a trader only?

nitro

 

[metooxx]

Originally posted by nitro


You mean that I won't pay taxes on anything _ABOVE_ 200K+? Is this for earnings for me and my wife, or for me as a trader only?

nitro

Below, and you have to set it up right. Above is standard capital gains.

Or you could expatriate and not pay any ...

 

[nitro]

Originally posted by metooxx


Below, and you have to set it up right. Above is standard capital gains.

Or you could expatriate and not pay any ...

Let me get this straight - I don't want to make a mistake.

Are you saying that if I make 150K a year trading, and I move to Freeport, and I set it up correctly, and I keep my American Citizenship, I don't have to pay any taxes?

And, if I make, say 250K, then I only pay 20% on the 50K!!??

nitro

 

[metooxx]

Originally posted by nitro

Are you saying that if I make 150K a year trading, and I move to Freeport, and I set it up correctly, and I keep my American Citizenship, I don't have to pay any taxes?

And, if I make, say 250K, then I only pay 20% on the 50K!!??

nitro

Yes.

PS You could probably push the whole 250K.

 

[nitro]

Originally posted by metooxx


Yes.

PS You could probably push the whole 250K.

metoo,

Can I set up a corporation in Freeport, stay here in Chicago, trade "thru" the corporation, and still get the benefit??

nitro

 

[metooxx]

Originally posted by nitro


metoo,

Can I set up a corporation in Freeport, stay here, trade "thru" the corporation, and still get the benefit??

nitro

No, not legally.

But, I know a number of people that have tried; some got caught, some didn't.

PS Cold Chicago winters, hot and humid summers vs paradise.

 

[nitro]

Originally posted by metooxx


No, not legally.

But, I know a number of people that have tried; some got caught, some didn't.

PS Cold Chicago winters, hot and humid summers vs paradise.

Ugh - LOL - I am a law abiding citizen...No amount of money is worth having my daughter having to visit me in jail...

Paradise is becoming more and more a necessity...

nitro

 

[metooxx]

It is 3:13 AM here and I am going sailing in the morning; I am going to bed. We can continue this discussion tomorrow.

That is the other weird thing here. In Chicago I was asleep by 10 and up by 5; here I stay up late and crawl out of bed at 8. Maybe I need one of those wild women that I see to wear me out at night. On second thought the probable outcome of that would be embarrassing myself and disappointing her.

Maybe a rent a women, then she wouldn't care...