KristiD

For those who didn't know since it's not covered much in the U.S....... Haiti has violent protests across the country that continue to demand the resignation of President Jovenel Moise. In October, 2017, it was discovered that between 2008 and 2016, almost $4 billion in government funds earmarked for social and development projects was missappropirated or embezzled by government officials and their cronies. The protests had been ongoing for months, but when the government announced a substantial tax increase on gasoline and diesel, the protests escalated into violence on February 7th, when citizens started attacking luxury vehicles belonging to wealthy Haitians. At least 7 deaths have been reported, 78 inmates were able to escape while police were busy with the protestors, and blocked roads have stranded a group of missionarieas well as foreign aid workers and even travelers. With the country in disarray, last Thursday, the United States government ordered non-essential U.S. personnel to leave Haiti and issued a Do Not Travel advisory to Haiti for all U.S. citizens, joining Canada and several other countries that had already issued travel advisories for Haiti. On Saturday, things quieted down as residents took the day to gather food, water and fuel as they waited for an expected announcement from the Prime Minister.

I really hope Comey gets what's coming to him and soon.... along with the Clintons all the other traitors and crooks! https://halturnerradioshow.com/index.php/en/news-page/news-nation/after-conviction-of-el-chapo-info-surfaces-that-james-comey-was-el-chapo-s-bank-money-laundering-fixer After Conviction of "El Chapo" Info Surfaces that JAMES COMEY was El Chapo's Bank Money Laundering FIXER! ! ! This week’s conviction of Sinaloa Cartel kingpin Joaquin ‘El Chapo’ Guzman heralds a major victory in raising awareness of the pure evil involved in Mexican drug smuggling through our porous borders. But it also reveals something about disgraced former FBI Director James Comey . . . From "El Chapo" sexually abusing 13-year-old girls as “vitamins” to boost his libido to employing a hitman who used a tiled “kill room” made inside a house in border-city Juarez, the trial demonstrated the obvious dangers of sharing an open border with a country burdened by near-complete lawlessness. In El Chapo’s trial, a witness alleged that the corruption of Mexican government officials reached up to the President of Mexico at the time, Enrique Pina Nieto, who allegedly received $100 million in bribes from the cartel. Left out of El Chapo’s trial was the cartel’s financial connections to key law enforcement players inside the Obama administration. In 2012, the Justice Department accused the El Chapo-led Sinaloa Cartel of moving over $7 billion through HSBC bank locations inside Mexico. The bank’s Mexican locations allowed huge cash deposits (sometimes hundreds of thousands of dollars in a single transaction), which were then accessible to the cartel at HSBC bank locations inside the United States. Despite playing a key role in establishing the cartels inside the US, the DOJ gave HSBC a slap on the wrist–a deferred prosecution agreement–under which the bank would not be prosecuted for laundering billions of dollars in cash for the Sinaloa Cartel, as long as the bank rehabilitated its practices and stayed out of trouble for five years. Overruling career prosecutors– who wanted to prosecute the bank–US Attorney Loretta Lynch and Attorney General Eric Holder let the bank off the hook with a $1.9 billion “record fine,” which made up a small fraction of one year’s profits. It is unknown whether then-FBI Director Robert Mueller aggressively investigated the executives and employees involved. Given the lack of convictions, and his failure to speak out against the agreement, it’s unlikely that Mueller engaged in any pre-dawn raids or SWAT-style arrests. Ironically, Jerome Corsi, one of Mueller’s current perjury-trap targets, was one of the journalists who exposed the HSBC scandal in 2012. Now, as many of you know, Corsi is under Indictment by . . . Special Counsel Robert Mueller . . . A month after the deferred prosecution agreement was finalized, future FBI Director James Comey took a 97% pay cut from his job as general counsel at Bridgewater Associates hedge fund to join Britain-based HSBC as director of the money laundering vulnerabilities sector. The move reduced his jaw-dropping income from $6,632,616 per year to under $200,000, per financial disclosures. (Hal Turner Remark: - It was only actually a pay "cut" if Comey was not receiving cash bribes himself, from the Cartel . . .) With former Deputy Attorney General Comey at the helm of the troubled bank’s money laundering compliance efforts, HSBC could reassure its investors that the troubles in 2012 were over. However, Comey apparently missed the Russian money laundering that was taking place while he oversaw the vulnerabilities sector. Less than six months after Comey took the HSBC job, President Obama nominated him to replace Robert Mueller as FBI Director. In 2014, Obama nominated Loretta Lynch to replace Eric Holder as Attorney General. See how all of that worked? All the same players in top US Law Enforcement, shuffled around to make certain that the gigantic cash from the Sinaloa Drug Cartel, was all dealt with by the exact same people . . . . WHY? To keep a lid on who ELSE was getting massive bribes???? HSBC clients donated $81 million to the Clinton Foundation. Gee. What a coincidence.

pokerplayer, I hope you don't mind me butting in as I am only a US citizen and I know nothing about Canadian law. But for US citizens, this is exacly the key point that xtaxguy (who is apparently a pretty good tax authority in this area) was making that means the difference between Capital Gains rates and Ordinary Income rates for us. Based on what you just said, I wonder if it might make a similar difference for you Canadians. You appear to be quoting the tax code that applies to "Currency Traders", but perhaps you individuals (who own dinar) are not "currency traders" (as defined by Revenue Canada) at all, so those codes (and those rates), don't apply to you! If you have other, discounted rates for "investments" (like the US has Capital Gains), maybe those rates are the ones that apply to the RV situation. After all, you probably really did buy your dinar as an investment, hoping it would increase in value and give a nice return to you. If there is a possibility that you can pay lower taxes, you may want to research this a little further from this new perspective, like I did. If so, you may first want to determine:. 1) Exactly how does Revenue Canada define a "Currency Trader? 2) Are you viewed as a "Currency Trader" by Revenue Canada? If you are, then you've confirmed your original position above. 2) But if you are not, what tax rates DO apply if you're not a Currency Trader? In the US, we only have 2 tax rates - Ordinary Income or Capital Gains. Hopefully Canada has something similar for investments, and you guys who bought dinar simply as an investment, are allowed to apply those rates to your profit from the RV. 3) Whatever you find, you can discuss with your tax professional. Probably Revenue Canada codes are massive, just like our IRS codes. Maybe they do that deliberately to make it so confusing that people get scared and just pay the higher amount because they don't want to get into trouble. Here in the US, some tax professionals think the RV will be taxed higher, and some say lower - we have not definitively answered this question ourselves as far as I can find. That's what I've been trying to do here since December when I first started reading xtaxguy's posts. But maybe I was naive to try because no tax professional wants to stick their neck out and possibly be proven wrong later. But xtaxguy clearly explained his position and, assuming he has the expertise in this area that he says he does, I think he's right. So I copied some of his most pertinent comments substantiating his position of why it's NOT Ordinary Income, along with the IRS' definition of what an "Investment" is, and I'll give it to my accountant post RV and discuss it. I'm open to being told I'm wrong, but for me to believe that I am, someone needs to show me where in the tax code it says this is not an investment. And after all, I abosolutely, totally did buy my dinar as an investment so it seems only reasonable that it should be treated as such for tax purposes. (btw, just want to mention that I believe US Capital Gains rates are only 20% if you've owned your dinar for more than a year - otherwise the short term Capital Gains rate is the same as Ordinary Income.) I hope that you Canadians may also be in a similar position. And I too believe we are very close..... c'mon RV!! Dinar Income taxed as Capital Gains.doc

And more good news for those of use who believe lower oil prices will put pressure on Iraq to RV. OPEC looks like it's in trouble, the US may soon pass legislation making OPEC members subject to antitrust regulation (about time I say). This will undoubted lead to lower oil prices. https://oilprice.com/Energy/Energy-General/Washington-Eyes-Crackdown-On-OPEC.html Washington Eyes Crackdown On OPEC Legislation targeting OPEC is suddenly gaining steam in the U.S. Congress, raising alarm bells for the cartel. On Thursday, the House Judiciary Committee passed a bill that would allow the U.S. Justice Department to sue members of OPEC for manipulating the oil market. The so-called “NOPEC” bill would remove sovereign immunity, exposing member countries to antitrust regulation. The bill has appeared in the past under prior administrations. But previous presidents from both political parties have opposed taking punitive action, fearing damage to the U.S.-Saudi relationship. Times have changed. President Trump has repeatedly posted angry tweets about OPEC, blaming it for high gasoline prices. That led to a revived push for the NOPEC legislation. The murder of Saudi journalist Jamal Khashoggi may have also been a turning point, erasing a lot of goodwill for Saudi Arabia in Washington. In theory, OPEC members could face confiscation of their assets in the United States. Saudi Aramco, for instance, controls Motiva Enterprises, which owns the largest oil refinery in the country in Port Arthur, Texas. According to the Financial Times, the prospect of the NOPEC bill becoming law has raised alarm bells not just for OPEC, but also for international oil companies who fear reprisals abroad. Companies like ExxonMobil and BP have major stakes in projects in places like Nigeria and Iraq. These OPEC-member countries could retaliate if they face punitive action from the U.S. government. The FT reports that the oil majors, along with the American Petroleum Institute and the U.S. Chamber of Commerce, are lobbying against the NOPEC legislation. Analysts speculate that Qatar exited OPEC in 2018 not just because of its rivalry with Saudi Arabia, but also because it has major interests in the U.S., and does not want to face antitrust action. Qatar Petroleum, along with ExxonMobil, just gave the final investment decision for the $10 billion Golden Pass LNG project in Texas .Related: Chevron Looks To Double Permian Production By 2022 So, what are the odds of passage for the NOPEC bill? Joe McMonigle, senior energy policy analyst at Hedgeye, told Reuters that low oil prices have removed some of the urgency. “I don’t see any kind of groundswell for it,” McMonigle said. However, the takeover of the U.S. House of Representatives by the Democrats gave momentum to the bill. One of the first acts of the new House Judiciary panel was to take up the legislation, which it quickly approved on February 7. A full House vote is now possible. In fact, there is suddenly quite a bit of bipartisan support for the bill, making it closer to becoming law than at any point in history. Senator Chuck Grassley, a Republican, has proposed a companion bill in the Senate. “The oil cartel and its member countries need to know that we are committed to stopping their anti-competitive behaviour,” Grassley said. Across the aisle, Sen. Amy Klobuchar of Minnesota, also representing a state with significant ethanol interests, came out in support of the bill. “Given President Trump’s known hostile stance towards OPEC it now looks like a very good chance that the bill will be voted through,” Bjarne Schieldrop, chief commodities analyst at SEB, said in a statement. “The prospect of a passage of NOPEC legislation has added bearish pressure to Brent crude.” It is still too early to say with any certainty, but if the NOPEC legislation were to become law, it could theoretically make it much more difficult for OPEC to set production limits with the aim of achieving certain price targets. It could also put in jeopardy the formalization of the OPEC/non-OPEC alliance with Russia, the so-called OPEC+ arrangement. OPEC and the non-OPEC group led by Moscow are currently negotiating such an entity. Related: The Next Big Threat For Oil Comes From China Still, countries could individually raise and lower production. Or, more specifically, Saudi Arabia – the only country that can make massive changes to production levels – could still tailor output to meet strategic goals. But it wouldn’t be able to call upon other countries to chip in. “The NOPEC legislation could end tactical, cooperative production cuts and increases orchestrated by OPEC,” Schieldrop said. “It will probably not hinder Saudi Arabia to move production up and down on its own in order to address tactical turns and imbalances in the global oil market.” Othes see a more significant impact. “We are just a tweet away from Nopec becoming law,” Bob McNally of the Rapidan Energy Group told the FT. McNally said the legislation could lead to more volatility and lower prices if OPEC was unable to restrain supply. “After a good dose of Nopec, if it was successful, we would end up begging them to reunite, get back into business and start controlling supply,” he added. Maybe. But outside of oil companies themselves, there isn’t a massive constituency in the U.S. for OPEC. The cartel is not exactly popular in the United States. Moreover, if the NOPEC legislation became law and pushed down oil prices, Trump could claim credit and millions of American motorists would probably be thankful. It seems unlikely that there would be a political price to pay in the U.S. for lower oil prices and a crackdown on OPEC, even if American oil companies faced reprisals. Nobody is going to shed a tear for ExxonMobil if the company suddenly runs into trouble in Iraq or Nigeria because of the NOPEC law.

Sure you can! Just start a new post and state what country you are in. Unless your buyer is in that country, you will have to do the transaction by mail - like Fed Ex. Also, a buyer may feel it's more risky for a buyer to buy from someone in a different country so that may affect the price they're willing to pay. Can you do ebay? I think it'll cost about 10-12% in fees, but you should be able to get $1000 per million (or more) there so you'd still net close to $900/million. Sellling here I think you'd get around $800 or less so ebay may be a good choice for you. jmo, hope it helps

While I have some dinar outside the US, most is still in the US. As I said initially, once the RV happens, I don't want to risk either mailing or hand carrying it out of the country, or using an attorney to exchange my IBC's dinar in the US. Plus, if we can reasonably determine this is capital gains, that would be HUGE news for most people here at DV. If we can find legitimate info - from the IRS - to validate the RV windfall is capital gains, then others here can give that to their account who may currently be trying to say it's ordinary income. It was a valiant quest on my part, I think. Sadly, I couldn't get any tax professionals here to help me with it. Still, what I found along with xtaxguy's opinion on this, MAY be enough. So perhaps people who are going to cash in at least some of their dinar in the US, may want to bookmark the IRS webite I provided along xtaxguy's explanation of why it is NOT ordinary inome (which I quoted earlier with a link to where you can find the whole discussion), and give that information to their accountant and see what he/she says. In my humble opinion, it wouldn't hurt to try and it could mean people get to keep thousands and thousands of $$$$ more - as much as $.17 out of every $1 they make from the RV. So to me, the pay off you'd get from just giving your accountant a couple of links to look at - makes it well worth my effort to do that. So that's what I plan to do. Obviously, everyone else can decide for themselves whether it's worth their time to do that or not. I hear you and I totally get it. But if you can keep thousands of dollars more by paying less taxes, you may want to consider making a small effort to find out. jmho

You may be correct that since the IRS does not have a specific guidline for the Iraqi dinar, they may issue one. But I'm thinking the IRS already has all their bases covered. The following information from the IRS seems like it would take care of it..... "Almost everything you own and use for personal or investment purposes is a capital asset." (and is subject to capital gains tax rates). So I'm thinking the IRS is gonna at least get capital gains taxes from us. The one thing I do NOT know, is if there's any reason the IRS can say our IQD investment CANNOT be considered a capital asset so it should be taxed as ordinary income. It sure looks to me like our IQD is an investment according to this, but I am not a tax professional and I cannot understand why so many accountants still claim it's ordinary income. Unless - xtaxguy is right when he says those accountants are wrong and are misapplying the tax code because there is an exception to it for investments (see my earlier post where I quoted exactly what he said). But good lord! I guess there are no tax professionals here who are willing to help us out and give their opinion on what I've presented here. Arghhh! https://www.irs.gov/taxtopics/tc409 dated March, 2018 Topic Number 409 - Capital Gains and Losses Almost everything you own and use for personal or investment purposes is a capital asset. Examples include a home, personal-use items like household furnishings, and stocks or bonds held as investments. When you sell a capital asset, the difference between the adjusted basis in the asset and the amount you realized from the sale is a capital gain or a capital loss. Generally, an asset's basis is its cost to the owner, but if you received the asset as a gift or inheritance, refer to Topic No. 703 for information about your basis. For information on calculating adjusted basis, refer to Publication 551, Basis of Assets. You have a capital gain if you sell the asset for more than your adjusted basis. You have a capital loss if you sell the asset for less than your adjusted basis. Losses from the sale of personal-use property, such as your home or car, aren't tax deductible.

For people who agree with Breitling's position that lower oil prices will put pressure on Iraq to RV soon, this is good news. A large oil field has been discovered off the coast of South Africa. More oil producers will mean lower prices and this should make Iraq nervous about the future. Go RV!! https://oilprice.com/Energy/Crude-Oil/South-Africa-Oil-Discovery-Could-Be-A-Game-Changer.html South Africa Oil Discovery Could Be A Game-Changer By Tsvetana Paraskova - Feb 10, 2019, 10:00 AM CST Join Our Community One of the promising hotspots for oil and gas exploration drilling this year—South Africa’s offshore—has just yielded a massive natural gas and condensate find that could open a new exploration province for oil majors and change the energy fortunes of South Africa. France’s major Total said this week that it had made a significant discovery on the Brulpadda prospects off the southern coast of South Africa. “With this discovery, Total has opened a new world-class gas and oil play and is well positioned to test several follow-on prospects on the same block,” said Kevin McLachlan, Senior Vice President Exploration at Total. According to Total’s chief executive Patrick Pouyanne, the discovery could hold 1 billion barrels of oil equivalent of gas and condensate resources.....

Kristi........yep......not taxed at all......might be right......could be wrong........just what the people I talk with have concluded.........and my own conclusion as well from what I research..... Here's a tease..........Take Kuwait.......many talk about that RV.........they are wrong.......just like with the IQD''...... in both countries the currency lost value due to circumstances we are all aware of.......Kuwait had the value restored....people who may have bought some at the reduced value probably made some money........Same thing will happen for Iraq.....and Viet Nam.....look how the US has suppressed that nation for so long by using sanctions.....better yet they have become the 6th largest manufacturing nation by using the Chinese blue print...... I doubt the USG wants to have a few million citizens bitching about all the taxes they just paid on their IQD investment........rather.......keep it all quiet.......same way Kuwait went..... Really?! So the people who profited from Kuwait's currency really did NOT pay taxes on their gain? Wow, wouldn't that be awesome?! I soooo hope you're right!!! Thanks for boldly sharing that opinion - which has some weight to it since you have a very good reputation with regards to finance. Hopefully this will get some people here praying hard that you are right.... and I am a firm believer that prayer works. GOOOOOOOOOOO RV!!!

Well I use google chrome too and I don't get a warning. I visit that site at least once a day. I have the site bookmarked and I also typed it directly into the browser bar manually, and no warning came up for me (and I tried just now several times). Are you sure this is a warning from google chrome??? Or could it be from your antivirus or malware/spyware software? I use kaspersky (which I believe to be a very good antivirus) and it's never given me any warning on another site.com. I'm not techy at all, but it is strange that I have no problem accessing that site and you do.

First, thanks for your all of your input Coors and I'm glad you didn't mind me dropping your name. You are the best! But will you clarify your above statement? Did you actually mean to say that, in the US, the RV gains will not be taxed at all? While I totally agree with your assessment of Trump and that he wants us to have money so we can spend and invest it, that only led me to conclude that Trump will probaby not institute a windfall/extra tax on the RV gains. But Trump does believe in income tax, so are your saying that you think Trump will make some kind of exception for us dinar holders so that we don't even pay normal capital gains or ordinary income taxes at all? If this is what you're saying, can you share some of the things that led you to that conclusion? And if that's not what you're saying, will you explain in more detail what you are saying? Also, my two cents on diversifying..... I totally agree with you in moving some of your assets to different countries. I live outside the US so I'm comfortable doing that. But for many (inclding me before I did move to another country) who are not that comfortable dealing internationally, they can still diversify within the US. Precious metals and real estate are, and always have been, great choices. And by investing in real estate in different state(s), you can spread your risk even more. Also, like you, I really like the cryptos. So those are 3 pretty solid investments that Americans can use to diversify their assets and lessen their risk of losing it. jmho Thanks Coors, you da man!

Well I do actually have an IBC (but not through OSI, I need direct access to the people managing it and am not comfortable having to always go through a middleman). But Coorslight has said, and I agree with him, that the only truly safe way to use your IBC to minimize taxes is to get your dinar outside of the US, in $10,000 increments, prior to the RV. Mailing or hand carrying more than $10,000 worth of currency outside the US is technically illegal and while the chance of getting caught and having it confiscated may be small, you never know and I'm personally not willing to risk that. I am also concerned that using an attorney to exchange my IBC's dinar in the US and then wiring that money to my offshore bank account will be construued by the IRS as my IBC doing business in the US - which would mean all of it's income is then subject to US tax laws. Luckily, I currently live outside the US and have brought some of my dinar with me, though most of it is still in the US. I've thought long hard on this and personally, I would rather pay taxes (though I'd prefer to pay only the capital gains rate) on everything I have in the US than do anything that could risk it being confiscated, or risk losing my IBC's status as not being subject to US income taxes. So for me, and also for some other people who just don't want to go the IBC route for whatever reason, and for other people who plan to immediately cash in at least some of their dinar for spending money or whatever, I definitely think it's worth discussing taxes, and particularly determining if we can treat this income as capital gains and not ordinary income.

Here's the thing. Many CPAs believe the RV gains will be taxed as ordinary income but there are quite a few other CPAs who claim it will be capital gains. Undoubtedly, they both believe they are correct, but clearly only one side is right, so the other side has to be wrong. I'm simply trying to determine who is correct here - and to do that, we have to find the appropriate IRS opinion on the subject because they are the final authority on this. Anyway, I used to accept the ordinary income interpretation, largely because Breitling's CPA friend Bob Adams (who I personally know and trust as good, decent, honest man and very competant CPA) has assured us that he researched this extensively and that for sure it's ordinary income. Turns out that last summer, Bob Adams and Breitling did an audio where Bob explains exactly why he believes he's correct. That audio was the subject of a post here at dinar vets and one of our members, xtaxguy (who introduced himself saying, " I was a big 8 tax partner with numerous international clients and a tax manager at the HQ of a Fortune 100 company where one of my duties was to calculate the unrealized currency conversion gains and losses on periodic financial statements including the unrealized (i.e., deferred) tax effects related to those gains or losses)" responded to the audio and explained why he believes Bob Adam's is wrong. If xtaxguy is who he says he is (and from the things he's written, he does seem to really know accounting), his expertise and experience on this subject is far superior to pretty much any other CPA (including Bob Adams as nice and competent as he is), so you gotta think xtaxguy's opinion is the correct one. Again, I believe both sides honestly believe they are correct, but the US tax codes are massive, and it's very easy to get lost and end up drawing the wrong conclusions. Nonetheless, I don't know xtaxguy from Adam, so, personally, I need to verify what he's saying. His use of the term "investment" sent me on a new quest to find what the IRS is currently saying about this - which is what I posted yesterday. But I'm no CPA and I could easily be overlooking other significant information. I had asked (via several posts), if xtaxguy would comment on what I'd found, but so far he has not responded. So, I'm asking if some other tax professionals would be willing to weigh in on this. This would be so fantasic if we can get some tax professionals to confirm that, according to what the IRS says, we can claim the RV income as capital gains and not ordinary income. That would let us keep an extra $.17 on every dollar of profit and that will be thousands and thousands of dollars for most of us. So can any tax professionals help us out here? ANYONE???? Also, for reference, I'm copying below what xtaxguy wrote (back in August) where explains why Bob Adam's is wrong in his conslusion that it's capital gains. Note so. The code section you are talking about deals ONLY with ACTIVELY CONDUCTED TRADES OR BUSINESSES, the transactions of which generally result in ordinary income or loss, and but provides for two exceptions: businesses that designate certain transactions as "investments" will get the normal treatment of such results as capital gain or loss - that is simply extending the [asset] expenditure rules for general US business transactions in US dollars to those made in foreign currencies. A common example is a real estate developer, who can acquire or build properties for sale (resulting in ordinary income or loss) or to hold for investment (generating ordinary income and deductions through rental operations and capital gain or loss upon sale of the property. Whether an asset is used in an active trade or business, or is a capital investment for the production of investment income, is an issue based on "all the relevant facts and circumstances" which gives CPAs and IRS agents ample ground for fee generating differences of opinion. This section was primarily enacted to provide a clear prerequisite path of identifying the taxpayer's opinions as to the nature of its assets, so that any gains or losses from currency fluctuations will be taxed in the same manner as the underlying transaction, an issue that simply does not exist when all activities of a US business are done in US$. But most of us, with no PERSONALLY conducted active trade or business, let alone one in any way related to Iraq, don't even have to deal with the issue. Currency gains or losses are treated the same way as the underlying asset, business or investment. If you have no business involving IQD's, the asset is clearly an investment, whether it is a pile of dinar, ancient Iraqi artifacts, or a plot of dirt in the green zone. The other exception is a de minimus "comfort" provision thrown in so traveling business persons who are scared to death of the IRS will have guidance for reporting [or ignoring] small gains or losses on currency exchanges [i.e., pocket money] incident to their travel. The only events I know of when this was perhaps more than trivial were the various sudden and unexpected collapses of a few foreign currencies such as Mexico's scam of the '70's, the Kuwait occupation, the Russian revolution, etc. I was a CPA and took a fraud loss ordinary deduction for a business client who had some Mexican bonds that dropped by 90%. There was an IRS audit, the group chief allowed it, but that is of absolutely zero value as a precedent - it turned on intentionally false representations made by the Mexican government just prior to the issuance of the bonds. However, I was a tax manager for a Fortune 100 public company with extensive US and overseas operations, incident to which I had to sort all foreign related assets, income, and deductions into their proper category of "investment" or "active trade or business" and calculate the currency gains or losses on each transaction [if any] arising from those two "pots" and the resulting ordinary or capital gain/loss taxes. Every federal consolidated tax return and financial statement of that company was audited by large teams of high level IRS agents and senior Big 8 CPA's every year. In a ten year run of audits, NO adjustments were ever made by any of them on this methodology except for a couple of minor clerical errors in the data entry. If you have a CPA or tax attorney who tells you to treat your IQD gains or losses as ordinary, and you have no actively conducted business in Iraq or that uses Dinar in the regular conduct of its business, there is only one thing you can do: get a new CPA or tax attorney. And even if you do have such a business, I'd have a 99% confidence level in winning investment treatment on the pile of dinars under your bed! Higher if you've never sold any of them. FYI, I have written on this topic in even greater detail several times in the past. If you want ZERO taxes, create a self directed Roth IRA. Make max contributions to it. Direct it to invest in a new LLC of which the IRA is the only member and you are the manager. Have the LLC buy IQDs. Sell when you want, but hold the US$ in the LLC until you are old enough (not a problem for most of us), then the LLC distributes whatever cash you want to the IRA which in turn distributes to YOU, tax free. Keep the US$ you don't need immediately in the LLC and have it invest in other stuff to earn more income that will not be taxed by the US or most States (CA being a notable exception - best to put your LLC in a State with no state income tax on LLCs). There's a ton of details, some paper work, and sum expense in setting this up, and not everyone is eligible to do this (e.g., max contribution is a function of earned income, etc.), but if you are eligible the whole deal should be in the $1 - 2,000 range, plus your contributions to the Roth IRA for investments. Google for "Self-directed Roth IRAs" to find professional paper shufflers who might have their act together. Use only those who have been around for 5+ years and have good genuine reviews. If the IQD does rv to a rate anywhere near even 10% of what the pumpers foresee, your investment in setting up this mechanism will give you a much higher return (in saved taxes, even at low capital gain rates) than you will be getting from the IQDs themselves. And here's the link to that thread if you want to read everything that was discussed:

I am NOT an accountant, but it's my understanding that the gains/losses on smaller currency exchanges incurred while traveling are exempt from taxes up to $200 (worth of gain). A month and a half ago, someone posted this same question and there was a pretty good discussion about it. According to a long time DV member who was a managing partner at a big CPA firm and who dealt in large currency exchange gains for a major company, these gains are treated as Capital Gains, and that means 20% maxiumum tax rate (not counting individual state taxes). I had been saying, as do many people here and in other dinar sites, that it will be treated as ordinary income. But this ex tax man member made some very good points about why our IQD purchase is an "invesement" and therefore subject to capital gains tax rates. And while I really like Breitling and his CPA buddy Bob Adams who have been saying the RV gains will be taxed as Ordinary Income (37%), it does nag at me that this ex tax man and quite a few other people say their accountant assures them that it'll be Capital Gains (20%). The difference is 17% (excluding any state taxes) and if there's a way for me to not pay that extra 17%, I want to find it. So I went searching to find out more about how the IRS treats investments. This is what I found.... Can this be the authority from the IRS that we need (which we can give to our accountant who tries to tell us the gain will be taxed as Ordinary Income) to legitimately and legally claim we are entitled to captigal gains tax treatment on the RV gains? Please, can any tax professionals comment on this? We bought the dinar as an "investment", which means its a "capital asset" and is subject to Capital Gains rates (and reported on IRS Form 8949). I mean, they even list stocks and bonds as an example and investing in foreign currency is surely pretty close to that. Could it really be this simple? Is there any good reason why our dinar, which we bought as an investment, should NOT be considered a capital asset" in the eyes of the IRS? Thanks!! This is what the IRS says ( https://www.irs.gov/taxtopics/tc409 dated March, 2018): Topic Number 409 - Capital Gains and Losses Almost everything you own and use for personal or investment purposes is a capital asset. Examples include a home, personal-use items like household furnishings, and stocks or bonds held as investments. When you sell a capital asset, the difference between the adjusted basis in the asset and the amount you realized from the sale is a capital gain or a capital loss. Generally, an asset's basis is its cost to the owner, but if you received the asset as a gift or inheritance, refer to Topic No. 703 for information about your basis. For information on calculating adjusted basis, refer to Publication 551, Basis of Assets. You have a capital gain if you sell the asset for more than your adjusted basis. You have a capital loss if you sell the asset for less than your adjusted basis. Losses from the sale of personal-use property, such as your home or car, aren't tax deductible. Also, for further reference, you can read the whole December thread here.... m

For those who believe in Trump, this is fantastic. Dave Janda is definitly a patriot and one of the good guys who years ago, as a physician, was recruited by Reagan and also worked under Bush 1. He is still very well connected in the government and has a very good reputation in the patriot movement. He shares what he thinks Trump's plans might be with all of this. I used to be very skeptical about Trump playing 4-D chess, but after watching his first year in office, I became a believer. If Janda is right about what he thinks Trump is doing (and he wisely admits at the end that none of us know Trump's plan, we just have to wait and see), we will see some master chest moves play out next month along with some much needed reorginizing of the federal government. This video made my day! It's been a rough few weeks for those of us in Trump's corner and I very much appreciated hearing this.... ENJOY!!

I figured Trump had a deeper purpose in abruptly cancelling Nancy Pelosi's international travel plans earlier this month. When Trump does something big like this, it usually is the beginning of exposing something that hurts the Deep State. Tom Fitton (of Judicial Watch) wrote an op ed piece for Fox News in response to what Trump did titled, 'Air Pelosi' – What you don't know about the lucrative travel our leaders enjoy on your dime". It' details some pretty outrageous stuff like: We reported in 2010 that Pelosi’s jet travel cost the Air Force $2,100,744.59 over a two-year period — $101,429.14 of which was for in-flight expenses, including food and alcohol. Some details: The average cost of an international CODEL was $228,563.33. Of the 103 Pelosi-led CODELs, 31 trips included members of the House Speaker’s family. Now I wonder if maybe this wasn't part of Trump's motive in cancelling the trip. This information certainly puts Nancy in a very bad light, though I wish it had gotten more coverage (the op ed piece is from the 24th), but at least some of the alt news sites picked it up. Hopefully this will continue to get more exposure. https://www.foxnews.com/opinion/tom-fitton-air-pelosi-what-you-dont-know-about-the-lucrative-travel-our-leaders-enjoy-on-your-dime

I think you just hit on the problem. You (and all of us) see the world/life only from your own personal experience. No one knows what Trump has learned in 72 years of life, but for sure we know he is one of the very best negotiators in the world - that he knows a zillion tactics to get what he wants. So anyone else's opinion of what they think he should do is gonna fall short of Trump's - the master negotiator - plan. And as I said, I learned after watching his first year in office that when he does something that looks like he's making a mistake or that he's in league with the Deep State, that it's best to wait and see how it plays out, because later it ends up moving him closer toward his goals of MAGA. And he is our leader - WE chose him, so certainly we, his supporters, owe him our respect and our trust - especially considering all the attacks everyone else constantly levies on him. Let's not second guess and criticize him since he's proven for the past two years that he does what he said he'll do. It is a HUGE undertaking to change this system and drain the swam. You cannot just arrest people because, first the public will rise up against it, and second, he has to get the new judiciary structure in place to make sure the rule of law is followed and the perpetrators are not just set free. I really hope you, and everyone, can resist the urge to question/criticize Trump and just do your best to trust him and to trust the plan. He really is America's only hope and I think we owe him our allegiance - 100%. Lastly, here's a great reminder of what's at stake and why we should (4 minutes)

Thank you Miguel!!

I also thought the same thing when I first heard that he'd ended the shutdown without gettng any wall money. But the truth is, he didn't really capitulate beause it's only a 3 week extension. If you listen to his speech, he clearly said he's not giving up and he will still build the wall and if they don't come to an agreemet in 3 weeks when the extension expires, the shutdown may start again. There is speculation that the reason he did this is because he wants to do the SOTU speech. We all thought he would just choose another venue, but then abruptly he said he would postpone it. There is also a theory circulating that the Deep State is planning to assassinate him and I wonder if perhaps he didn't want to do the SOTU at another location where the DS could easily get to him to kill him. I tend to agree with this assassination theory because it makes sense that the DS' last hope is to have to kill Trump since everything else they've tried has, and continues to fail. Also, Trump has stayed in Washington since the shutdown started last month (except for the secret Iraq/Germany trip) and I suspect that the reason was to not make himself a target. There's an additional theory that Nancy had planned to be in Davos when an attack was carried out in DC which was to have killed Trump and Pence. Then, as next in line, Nancy would have become president. It is interesting that on Jan. 16th, a Jihadist in Georgia was arrested who had planned to attack the White House the next day (Jan 17). And strangely enough - that next day, January 17th, was the day that Trump abruptly told Nancy he cancelled her international trip and left her and her friends and family circling the airpot in a bus. This is all just "theory" of course, but clearly the DS is desperate. People are starting to wake up and realize Nancy really has no good reason to not even negotiate on the wall and some are starting to turn on her. I'm sure Nancy is aware of this but she still won't budge, so I believe her ulterior motive is try and buy time while the DS comes up with a new plan to stop (possibly kill) Trump. I also think Trump is aware of what they're doing and that he is using the time to prepare his own plan. Trump has vowed to drain the swamp and if you follow Q, you know it's a process. They can't just arrest everyone because the brainwashed public wouldn't stand for it. First they have to expose them and their dastardly deeds - the worst of which is pedophelia. I believe Trump is preparing to finally start exposing this information to the world. Once the average person learns of the pedophelia and Lucefarian practices of many of their leaders, a good percentage will rise up against it. Most people wiill tolerate porn and some degree of dishonesty, but pedophelia and devil worship cross a line for the average person. Many people will finally realize they were duped and they will support Trump getting those people out of power. I also believe this is all coming to a head in the next few weeks/months. Trump is a master negotiator/planner. I learned after watching his first year in office that the stuff he does that seems to contridict what he's previously said, later turns out to somehow move him closer toward achieving his original goals. There are reports that 3 detention centers, including GITMO, are ramping up and we know from Kavanaugh's interview with Lindsey Graham about military tribunals. I really think this stuff is about to play out. I'm not saying for sure I'm right. And in fairness, part of me also doubts Trump a little. I have some concern that he may prove to also be a part of the Deep State, but he's just part of the faction that believes the way forward is nationalism and not globalism. But, the fact is, even if that turns out to be true, at least he's a million times better than if we'd gotten Hillarious 2 years ago. And don't forget Trump does seem to be a man of God, and there are a lot of Christians who have received messages from God that God will use Trump to save and restore the US. Also, Trump's whole life has proven he cares about helping people, his interviews for decades have showed this. And 3 years ago, he had a golden life, so at 70, it had to have been something really important (it's obviously not about money and he already had plenty of power) that made him decide to take on 8 years of an enormous uphill battle - full of attack and abuse. 32 years ago Larry King interviewed Trump who complained about the same things he's changing now that he's president. He said in 1987 that he didn't want to be President, but he hoped someone else would do it and fix the problems. No one did, the problems only got worse and so, at 70, Trump stepped up and offered 8 years of his life (a huge sacrifice at 70 with a young autistic son to boot) to take on the task. If he fails, the country fails. So I encourage you and everyone, not to give up on Trump, not now when he may be close to turning this country around. Give him all your prayers and positive energy. Because if he fails, I'm pretty sure the US will fall into socialism, and as Venezuela is showing the world, that will end badly.

As an older person, I am stunned to see how quickly the world has adopted the idea that a person's sex is a choice. It's so blatantly obvious throughout nature that there are two sexes - male and female - similar within the same species (and even breed) but with clear distinctions and in general, having their own predispositions. Each sex has its own strengths and weakenesses, and one of the beauties of life is that when a male and female decide to partner and work together, they can complement each other and create something more and greater than they could do alone. But today people no longer appreciate and celebrate those differences and the backlash from the #metoo movement has escalated into "toxic masculinity". How ridiculous! So it was only a matter of time before some sane people would start to stand up and try to put an end to the madness. I just loved seeing this 2 minute video responding to Gillette's ad about toxic masculinity. (And just an aside, I worked for hypocritical Gillette one summer in my early 20's as a secretary. They required a brief physical examination - which oddly included a pelvic exam by a male gynecologist. It was NOT unneccessary (or customary) to have some man poke around inside of my privates to determine if I was fit to be a secretary. Some day I'd love to see a Gloria Allred slap a class action suit against Gillette for that! And they have the gall to denigrate toxic masulinity..... argh!) Vive La Differerence!!

First, I believe a better place for this would be in the "rumors" sections since it is opinion and and not news. I believe more people will read this if it's in that section. I'm always skeptical when I hear about "what hats" and a global currency reset. I think the Deep State Illuminate - who has been working toward total control since 1776, is extremely entrenched and I find it hard to believe there is a counterpart, "white hats" group that is anywhere near that well organized. Nonetheless, I keep an open mind and I would love to be proven wrong in the end. This guy, Kenneth Story, is definitely much more credible that I thought he would be, and especially so if you are a Christian. I found the below info about him and his mission (taken from the "About Us" section of his main website, InvestingWithInsight.com ). Thanks for sharing this Mongo! We are a group of Christians who believe that God speaks to His people freely and regularly about all things, including investing and finances. Our mission is to create a community where these insights can be shared, tested, interpreted, and applied - and to train Christians to do these things more effectively. Our vision is threefold. 1) First, we want to provide you with a place to freely share your insights, dreams, and revelations with one another, both with regards to investing and with regards to other things that are happening in the world. As Proverbs 27:17 says, we truly believe that iron sharpens iron. Being in community allows us to share valuable information with one another, and equally as important, keep one another accountable. 2) Second, we want to share insights that we feel God has been sharing with His people about investing, finances, and wealth. Christians have historically had an uneasy, sometimes confusing relationship with money and wealth. We want to dispel myths, educate people, and share revelation that Christians have received in regards to specific investing strategies. 3) Third, we want to equip you with the tools to both manage and grow your finances. We believe all Christians are called to be stewards of wealth, but we also feel that the church has not historically done a great job of equipping its people to this end. We hope we can help fill this gap. Our team is comprised of a unique mix of full time professionals and volunteers. Ken Storey is the CEO of Investing with Insight and also serves as our Chief Researcher. Jocelyn Carson coordinates our prayer team and overseas our weekly prayer calls. Additionally, the Investing with Insight team includes an ex-Wall Street MBA who generates and edits content and overseas business operations and finances, a full-time transcriber and part-time researcher. Our daily operations are held together by our account manager, the magnificent Eva Carroll.

John Lott: BuzzFeed and me – The incredible thing the site's CEO did using my name without permission BuzzFeed, a popular “news” website, has once again been shamed for publishing fake allegations against Donald Trump. BuzzFeed’s anonymously sourced report claimed that President Trump ordered his former lawyer, Michael Cohen, to lie to Congress about a proposed business deal in Moscow. Supposedly, two unnamed federal law enforcement officials claimed that Special Counsel Robert Mueller’s office had the goods. They were purported to have collected emails, texts, and testimony proving the explosive claim. The story dominated the news on Friday, with Democrats calling for Trump to be impeached. MSNBC’s “Morning Joe” opened with the announcement that this revelation was “a big one.” CNN’s “New Day” host John Berman claimed the disclosure was so dramatic he almost spilled his coffee. But by late Friday, Special Counsel Robert Mueller’s office issued a very rare rebuke saying that BuzzFeed’s account was “not accurate.” This was hardly BuzzFeed’s first embarrassment. As Trump reminded people, “it was BuzzFeed that released the totally discredited 'Dossier,' paid for by Crooked Hillarious Clinton and the Democrats . . .” BUZZFEED REPORT WITH FALSE ATTACK ON TRUMP IS MEDIA MALPRACTICE BuzzFeed’s culture of fake news starts at the top with founder and CEO Jonah Peretti, who has a history of knowingly spreading false information. He has used fraudulent websites and email accounts to pose as people he wished to defame. I was one of his victims. Peretti’s first victim was MBA student Jeff Goldblatt, who had set up a dating service called the Rejection Hotline. This was inadvertently in competition with Peretti’s newly created rejectionline.com. Peretti’s sister and co-founder, Chelsea, contacted Goldblatt to gain information on his business. She “interviewed” him, under the false identity of New York-based reporter Vanessa Holmes. Then Jonah Peretti set up the website JeffGoldblatt.com, under the pretense that it was Goldblatt’s personal website. Peretti sent out emails from me@JeffGoldblatt.com that, according to Goldblatt, “contained multiple lies about me and portrayed me as an arrogant jerk who was bragging about how I stole the idea of the New York City Rejection Line.” Goldblatt contacted me after Peretti did the same thing to me in 2003. In my case, Peretti set up AskJohnLott.org and used the email address john@AskJohnLott.org. Peretti’s expropriation of my name wasn’t for financial gain, but to support gun control. Pretending to be me, Peretti sent out hundreds of thousands of emails lobbying against the proposed “Protection of Lawful Commerce in Arms Act.” This bill, which was being debated at the time (it ultimately passed in 2005), protected gun makers from abusive lawsuits that were solely designed to put them out of business with overwhelming legal fees. Peretti even purchased advertising for his fake website on Google, and the advertising promoting "my“ appeared at the very beginning of any search results on my name. I was already relatively well-known in 2003 to those who care about the gun control debate because of my book “More Guns, Less Crime.” Peretti sent emails under my name to convince people that I had changed my mind and come out against the Act. The emails then urged people to ask their congressmen and Senators to oppose the bill. A number of the recipients were people I knew, and some wrote back using the John@AskJohnLott.org email address and questioned why I would have changed my mind. But Peretti continued the charade of being me in multiple email chains. I first learned about the website from James K. Glassman, a former Washington Post columnist, who later served as U.S. Under Secretary of State for Public Diplomacy. He shared the email exchange with me that he had with Peretti's fake John Lott. Peretti also used my name and picture to advise people on how to violate gun control laws. Soon, I received hundreds of angry phone calls from people who were upset that I was supposedly advising them to break the law. My emails to john@AskJohnLott.org asking who was behind the effort were ignored. The website’s registration didn’t help, as it was supposedly registered to me. I spent money to find out who was behind these efforts. When I contacted Peretti, he denied any involvement. After I hired lawyers, Peretti finally included a disclaimer on the website, stating that he intended to parody me. But he still refused to take down the website down or stop sending emails. Goldblatt didn’t have the money for a legal battle, so I included him in my case. After a year-and-a-half, we finally reach a legal settlement. Peretti, who worked for a company called Eyebeam, publicly acknowledged: “The AskJohnLott.org site was created by The Eyebeam Atelier, Inc. This site was never associated, endorsed or otherwise affiliated with John R. Lott, Jr. E-mail sent from the AskJohnLott.org domain that was identified as coming from Lott was also never associated, endorsed or otherwise affiliated with John R. Lott, Jr. Eyebeam deeply regrets any confusion and offers a formal apology to John R. Lott, Jr. The terms of the settlement are confidential.” Peretti also apologized to Goldblatt and took down JeffGoldblatt.com. I received an undisclosed monetary settlement. People are again asking how BuzzFeed could possibly publish such “fake” news against Trump. They need look no further than BuzzFeed’s CEO and founder Jonah Peretti. https://www.foxnews.com/opinion/john-lott-buzzfeed-and-me-the-incredible-thing-the-sites-publisher-did-using-my-name-without-permissiojohn-lott-buzzfeed-and-me-the-incredible-thing-the-sites-ceo-did-using-my-name-without

It made my day to watch this. People are learning to think for themselves, it's just the MSM never lets us see that.

Just wanted to update this with information from Breitling's audio from last week. Someone asked him if, since it makes sense for Iraq to increase the value of their currency because oil prices will continue to go down, then why wouldn't they do that now and take advantage of the current oil prices before they go even lower. Breitling replied that he agreed with this and that he thought Iraq should have done this in November. Breitling never gives a date or rate, but to me that fact that he thinks Iraq could have/should have RVed already is a really good sign. He confirmed his belief that oil prices will continue to fall because the US is cointinuing to ramp up its oil production. They opened up Anwar in Alaska, found new oil in West Texas last fall, and last year some new oil extraction technology was developed that allows them to extract from several layers of shale at the same time thereby reducing the cost. So all these things will push the price of oil down even lower so we don't need to be concerned about the curent bump up in price. Also, he said we should be looking at the Brent price of oil (and not WTI which I had been using). fyi, Brent oil is at $61 as I write this. He also said that Iraq could easily RV at $.10 since without even blinking. Adam has always said $.10 too, though of course we're all hoping for higher. But Breitling did say if it comes in low, it would likely go up in significant increments (like $.10 and $.20 increments). While I respect Breitling and trust that he's a good man sincerely trying to help people, I realize that he won't always be right. But he does try to look at all angles and form the most logical opinion he can considering all the information he has obtained. So, I see the latest things he shared as very encouraging.

It's hard to find much information on this worldwide movement, but I just found this from zerohedge today. Most of this seems to be from December, however so if anyone has more current information about Yellow Vest protests worldwide, please share it. (Also, I've seen a couple of smaller Yellow Vest episodes in California, which I've previously shared here.) Vive la resistance!! The Yellow Vest Movement Has Gone Global by Tyler Durden Sun, 01/20/2019 - 18:45 1.3K SHARES TwitterFacebookRedditEmailPrint The Yellow Vest anti-government movement started in France on November 17, when over 300,000 people across France protested a carbon tax on fuel that French President Emmanuel Macron touted as evidence of France's leadership when it comes to mitigating climate change. The Yellow Vest protests quickly evolved into a general anti-government movement - with hundreds of thousands of angry French citizens taking to the streets for ten straight weeks of mostly peaceful protests marked with pockets of violence, looting and mayhem. What's more - the movement has gone worldwide - with perhaps the most notable protests outside France taking place in Belgium, where Brussels riot cops have dealt with week after week of protesters blocking oil depot and throwing hard objects at them. See srb news's other Tweets Twitter Ads info and privacy On December 8, Belgians attempted to breach a riot barricade while calling for the resignation of Prime Minister Charles Michel, resulting in around 100 arrests. And while most of the protests outside of France happened last month, this is a good list to note where discontent is mounting. Bulgaria: Yellow Vests began protesting the same weekend as the French movement - coming out in force on November 16 to protest in front of parliament and demand the resignation of the government. Canada: Yellow Vest protests have taken place in more than a dozen cities across Canada - largely campaigning against the carbon price, Canada's participation in the UN's Global Compact for Safe, Orderly and Regular Migration, the Trudeau administration and other issues. Croatia: Croatians came out in force on December 15, gathering in Ban Jelacic Square. Egypt: An Egyptian A lawyer was arrested and jailed for 15 days after he posted a picture of himself wearing a Yellow Vest in support of the French protests. Finland: Finns came out in force in mid-December as well, gathering in front of Parliament in opposition to the UN's Global Migration pact. Germany: Marching in solidarity with the French, German Yellow Vests similarly came out against the UN migration pact. Iraq: Yellow Vests demonstrated in Basra, Iraq on December 5 to protest poor job opportunities among other things. They were reportedly fired upon with live ammunition by police. Ireland: Hundreds of people gathered in the center of Dublin to protest the "perceived failures of the Government." Israel: Yellow Vests held a rally at the Azrieli Centre Mall in Tel Aviv on December 14. Italy: There have been several ongoing Yellow Vest protests in Italy over the last several months, with some protesting the government's hard-line stance against illegal migrants, and other pro-government activists protesting against the EU. In January, Italy's ruling government came out in support of the Yellow Vest movement, which AFP noted was "extremely rare for European leaders to back anti-government protesters in a fellow member state." Netherlands: The Dutch joined the party at the beginning of December, blocking roads, roundabouts and tollbooths. Pakistan: Hundreds of engineers came out in December to protest government services and pay. Poland: Polish Yellow Vests protested in November and December, blocking the A2 motorway outside of Warsaw, demanding compensation for pigs they were required to slaughter, as well as the import of unlabeled Ukrainian agricultural products. See Fair Yuze #MinisterOfGodsWrath's other Tweets Twitter Ads info and privacy Portugal: On 21 December 2018, a "Coletes Amarelos" or "Yellow Vest" rally was held under the slogan "Vamos Parar Portugal", roughly translating to "Let's Bring Portugal to a Halt". Russia: Yellow Vests protested right before Christmas in Moscow's Hyde Park against increased parking fees. "I’m a driver with 20 years of experience, and I can understand that the authorities want to free the city and make it accessible to pedestrians," said resident Tamara Papuashvili, adding " it's just a disgrace. You can use the metro, but there are more and more people there, it just cannot cope." Serbia: Civil rights organisation "Združena akcija Krov nad glavom" began using yellow vests in its protests to show solidarity with the French protesters, as well as opposition to high fuel prices. Serbians have protested for six weeks in a row. Taiwan: The Tax and Legal Reform League which has been protesting against high taxes since 2016 organized a yellow vest march on December 19. Tunisia: A derivative group, the Gilets Rouges (Red Vests), called for protests over the ailing economy. View image on Twitter See Mohamed Al Maeeni's other Tweets Twitter Ads info and privacy United Kingdom: UK Yellow Vests are mostly right wing, pro-Brexit groups who have held rallies in London and other UK cities. Conspicuously absent from the list? The United States.