Popular Post ronscarpa Posted September 25, 2021 Popular Post Report Share Posted September 25, 2021 (edited) Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq. RON ** BobTheTaxMan Ordinary income...I want to show where it's important for you to understand how it's calculated. We have our IQD...it's taxed on a percentage that's based on your marital status or filing status and certain allowable deductions. Under the Biden Administration they want to change it. It'll go up from 39.5% if you make over 400K. That's the big thing they want to make a change to. (NOTE: Everyone has an opinion on how the dinar exchange will or won't be taxed...remember the only opinion that matters is the IRS's - At the appropriate time speak with your tax advisor to build the best tax strategy for your unique circumstances.) ** Frank26 You need to know for how long will this currency coexist and then you can make your calculations of how much you want to exchange and then you can make your calculations of how much of that you want to use now or protect. Biden is talking about, I don't know I think heard wrong, 40%-50% in taxes? Capital gains taxes from, what is it I think, 21% corporate right now to 29% almost 30%...(Note: Speak with your financial advisor at the appropriate time to build a strategy right for your unique circumstances.) ** Pimpy They [Iraq} are taking all the right steps in the right direction. Before they used to take two steps forward and like five steps back. It was really disappointing to watch. In 2019 we really thought it was going to happen because they really were chugging along and then all of a sudden it all fell apart. But this is much different ever since Al-Kazemi's been in office... Have a great weekend everyone ... Blessings ... RON Edited September 25, 2021 by ronscarpa 16 4 Quote Link to comment Share on other sites More sharing options...
NWGUY Posted September 25, 2021 Report Share Posted September 25, 2021 Thank you Ron...you are always working! Really appreciate your efforts! 4 2 Quote Link to comment Share on other sites More sharing options...
markb57 Posted September 26, 2021 Report Share Posted September 26, 2021 we will see when/if it happens... 1 Quote Link to comment Share on other sites More sharing options...
sgtsanders Posted September 26, 2021 Report Share Posted September 26, 2021 Soooooooon 5 Quote Link to comment Share on other sites More sharing options...
Stabstones Posted September 26, 2021 Report Share Posted September 26, 2021 I believe I can fly... 2 Quote Link to comment Share on other sites More sharing options...
rvmydinar Posted September 26, 2021 Report Share Posted September 26, 2021 2 hours ago, Stabstones said: I believe I can fly... I believe iqd can rv 3 Quote Link to comment Share on other sites More sharing options...
Smokey Mtn. Dinar Posted September 26, 2021 Report Share Posted September 26, 2021 13 hours ago, Stabstones said: I believe I can fly... We all can fly. All we have to do is get in a flying machine. Airplane, jet, helicopter......✈️ 🛩️ 🚀 🪂 1 3 Quote Link to comment Share on other sites More sharing options...
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