okieraider71

First--Anyone have any ideas if the start of a "Windfall Profits Tax" is still being looked at by the US gov.? Second--On Dinar I bought from an individual, will a hand-written receipt be good enough for the IRS (good enough to move it from short-term to long-term), or will I also need that persons original receipt? Here is the scam I am seeing: Joe Blow has a receipt from "Wiley Coyote Dinar Sales" for 100 million Dinar (that Joe bought), and it shows a date of more than 12 month ago. He will sell a photocopy of that original receipt (from Wiley to Joe), plus a hand-written receipt (from Joe to me), showing he sold me 10 million Dinar more than 12 months ago. He is willing to sell me this paperwork for $20,000 USD; this will move me from short-term to long-term (capitol gains). Joe is very dishonest--he plans to sell this same receipt 500 times. Do you think the IRS will accept this for my taxes? I do not care if Joe goes to jail, but I do not want to go myself. Third--Am I correct in reading the new Obama tax (additional 3%) on short-term capitol gains for 2011? If so, and if the US has any control over WHEN the RV will happen, then why would the US want the RV to happen this year rather than next year? Anyone know of anymore "hidden taxes", in addition to short-term and windfall?