Monday Late Night Opinions @ 11:50 PM CDT - 7/15/2024

[ronscarpa]

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... So, take everything with a grain of salt ...  RON 

 

 

Militia Man  This next week there's supposedly a formal and historic meeting with the WTO and Iraq on the basis of accession. They told us it was going to be formal and historic.

 

Frank26  Question: "Is this going to be a capital gain?" A lot of people desperately do not want to pay taxes. I believe they live in this world they create where taxes never exist. I'm sorry, if you honestly think you're going to be able to get involved in this and exchange this currency, that's called a capital gains, without having to pay any taxes you're delusional. Yes you're going to pay taxes, that's why it's important to have a receipt... held for one year you'll probably be in the 20% tax bracket. if you don't have a receipt, you lost it, you'll probably be in the 40%. Biden just said a couple days ago he wants to increase those taxes over 50% capital gains. [Note: Consult your tax professional at the appropriate time to determine the right tax for your unique circumstances.]

 

Buckeyetree ...Much progress has been made from the USA trip by Sudani in April, the technology with fiber optics, electronic banking, using only the dinar, foreign contracts with huge projects, the ATMs, and the HCL practically done with Barzani in agreement for the goal not to be now counted in days rather than weeks and months. The cherry on top would be securing the Speaker of the HOR and ascension to the WTO on July 18.

 

Clare Article: "Baghdad calls on Washington to reconsider its sanctions on 32 Iraqi banks" Quote: "Nelson praised, 'the steps taken by the Iraqi government to support the Iraqi economy and address the challenges it faces." 

 

 

[screwball]

3 hours ago, ronscarpa said:

Clare Article: "Baghdad calls on Washington to reconsider its sanctions on 32 Iraqi banks" Quote: "Nelson praised, 'the steps taken by the Iraqi government to support system" rel="">support the Iraqi economy and address the challenges it faces." 

yes but when?

[Luigi1]

Militia Man  This next week there's supposedly a formal and historic meeting with the WTO and Iraq on the basis of accession. They told us it was going to be formal and historic.

 

 

This will help jump start the Economic Reform.   

Remember, the rate is not in the Budget Law, HCL, WTO & IMF membership.

The rate is in the global investors coming into Iraq.    IMHO.

[rvmydinar]

9 hours ago, screwball said:

yes but when?

ASAP= as slow as possible. You already know that , don't you.