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Scooter Chat


pegsue
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We know that O and his regime have made it very clear that they intend to close loop holes on foreign income and foreign tax havens for U.S. companies. That's a totally different thing than a tax on currency gains realized by U.S. citizens in the U.S. We'll just have to wait and see. No need to panic IMO.

I totally agree. Let's make sure we have all the correct info. Then act accordingly. Thanks for the post.

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Thanks dhill. T. Jefferson was probably the smartest of our founding fathers. He was truly insightful.

You are so right about that my friend. He hated big Gov't and thought that we should all carry firearms to stop the Gov't when it got too big and/or started to steal from the people. He must be spinning in his grave right now.

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[unitedrich] Whats up Scooter?

[scooter] Unitedrich Unitedrich Hey Buddy --- just looking for a couple of people --- Robo and Svanish

[unitedrich] Scooter saw Robo, must have left, hadnt seen Svanish

[scooter] Unitedrich Unitedrich Im sorry -- How are you buddy?

[EagleEye] Scooter welcome back

[unitedrich] Scooter Great! no complaints. and yourself?

[scooter] EagleEye EagleEye TY Sir !

[pegsue] Scooter Hey how are you today?

[scooter] Unitedrich Not sure just yet

[EagleEye] yw

[unitedrich] Scooter

[scooter] I 've been reading some future legislation in congress

[EagleEye] Scooter did you find what you went off for >?

[scooter] I need some assistance on some interpretation

[scooter] Svanish has some background on this I think

[scooter] EagleEye Unfortunately -- I may have

[scooter] not sure

[scooter] so panick just yet

[scooter] leggman24 leggman24 might be nothing --- refers future legislation of Foreign income

[leggman24] Scooter yea i know about it. they are trying to hide it in a bill that will pass through congress. i was hoping we would rv before they got to it.

[scooter] charlie911 charlie911 just the taxes -- nothing that states anything directly about foreign currency ---- but some interesting additions about assests

[bobbyToGo] retroactive tax,,,ask Clinton

[scooter] leggman24 they sure did hide it leggs

[charlie911] Scooter

[tony wilson] do you habe the bill #

[scooter] Charlie911 --- you are way too funny!!!

[scooter] leggman24 How did you read that -- was that meant mainly for foreign income not taxed by local country and was that just meant for Corporations

[charlie911] Scooter take off the tension

[EagleEye] ok everyone let's let Scooter talk so we can see what it is

[leggman24] Scooter yes they did. do you know when they are set to vote on it?

[charlie911] EagleEye OK EagleEye

[scooter] charlie911 charlie911 charlie911 -- and you're are perfect for the job !!!

[RicknSaudi] Scooter probably meant for expats like me

[leggman24] Scooter yea i read that. unfortionately that include us too.

[scooter] I don't know --- it's replacing some major paragraphs in established law

[RicknSaudi] Scooter Heard that may happen soon...Taxes anyway

[scooter] I need to dig into those subsections

[scooter] but here's the reason why Biden is saying October 17th -- Robo's original question

[scooter] leggman24 leggman24 I agree -- It does -- it specifically states war profits too

[scooter] anyway

[jcny47] Scooter Why is that?

[scooter] The congress Adjourns October 8th

[scooter] and the election is November 2nd

[scooter] that's why there's the hidden November 2nd timeline

[scooter] they know they are going to get obliterated and so they have to pass this tax

[scooter] leggman24

[scooter] The way I read that however is that is starts january 1, 2011

[scooter] Is that how you read that

[jcny47] Scooter please bear with me...what tax law are you speaking of? the one that they want to pass next year for income/

[scooter] jcny47 --- No -- This year

[scooter] one minute -- phone

[leggman24] Scooter i thought it went into law as soon as they passed it.

[Cyn] jcny47 This is the law they are trying to pass, that would put a 70% tax on our investment.

[leggman24] Scooter if it doesnt, then that gives us time to cash in and not have to pay the 70%.

[RicknSaudi] He's on a call from Sen. Clinton

[charlie911] Scooter i`m not sure a rv would be considered a " war profit"

[scooter] leggman24 leggman24 It's confusing that's why I need to some help interpreting

[scooter] Let me get everybody some links

[leggman24] Scooter link me baby....

[scooter] more intelligent eyes will help

[jcny47] Cyn ouch...what is wrong with them? are we not allowed to have anthing for our Families???gggeeeezzzz

[bubbie] jcny47 it's called share the wealth baby !!!!

[GJM] jcny47 Income redistribution

[scooter] http://thomas.loc.gov/cg ••• w:e16137:

[scooter] http://thomas.loc.gov/cg ••• w:e32953:

[scooter] http://thomas.loc.gov/cg ••• w:e11748:

[leggman24] Scooter give me a few to read and reread everything.

[scooter] this is the link that shows what is on the house floor

[scooter] http://majoritywhip.hous ••• Calendar

[bobbyToGo] i can't see which part pertains to a windfall for an individual

[RicknSaudi] http://majoritywhip.hous ••• Calendar

[scooter] I'm not sure what this means for individual investors -- the words can be interpreted both ways

[jcny47] would at least having a nevada corp help if you cANT DO SAYCHELLES?

[bobbyToGo] Scooter which part of the house bill text pertains to us

[scooter] keepmwlknfny keepmwlknfny I did indeed

the bill is HB 1586

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The tax credit loophole summary shown above doesn't affect us. Does anyone have link(s) to the bills Scooter was referring too?

Here is a portion of Scooters Analysis....

If we are waiting for O to get the tax bill modifications to be set in stone before the RV trigger is pulled, It looks like we may have to wait up to 3 more weeks.

Everyone needs to remember, O gets what O wants. Period....

Check out scooters analysis thread:

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What they said!!! Remember the sight of those in congress making slimy deals to buy votes for an abomination of a health care bill...

Look at the radical debt accumulation and know that if this nation does not take the bitter medicine soon, there may not be much left

for the kids / grandkids. I am not a republican or a democrat just someone who is massively disgusted with this government.

Wouldn't hurt my feelings too much to see Texas secede... or with any luck at all, maybe can salvage something out of an RV and just

move to Costa Rica or somewhere.

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