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Is it just me?


gmancometh67
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First off I'd like to say Hello and God Bless to everyone and although this is my first post, I've been reading some of the info posted on this great site. I've chosen not to comment or put in my two cents as I am no where near as prepared as most of you appear to be.

Is it just me or does it seem like "Uncle Sam" really benefits the most from an RV. I mean I for one don't own much Dinar but the little that I do own "Big Brother" will be getting. If I've read previous post correctly 40% for doing nothing and investing nothing in the investment that we are in. But what really isn't fair is in the event (which I don't foresee) that we were to sustain a loss, "Big Brother" won't be there to bail us out. Awesome arrangement for them, we take the risk they reap the rewards. Don't get me wrong this is by far the best nation in the world to live in, but realistically with "family" like that who needs enemies? lol

Also if I read this right the US owns so many trillions in Iraqi dinar why do they need 40% from us. Was just wondering? sounds kinda greedy to me.

I would also ask if anyone out there has a better way to soften that 40% hit to "Uncle Sam" that is legal and doesn't require warka, or off shore accounts... I'm not against paying taxes but it seems like"Uncle Sam" is a modern day "King John" (from Robin Hood) when it comes to this investment as well as any investment if this is the norm in the industry.

Lets see I work an honest job (deputy at the county jail), I get taxed from the money I was paid, I buy some dinar (with post taxed money) only to get taxed worse when it rv's. isn't that double dipping?

I wish everyone lots of luck and hope all your dreams come true. And just think of all the people that will be helped when this ride comes to an end.(pay it forward) I for one will be helping my family and a few others get back on their feet.

God Bless us all and God bless the USA,

GOOOOOOOOO RV...................................................

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sad.gifLets see I work an honest job (deputy at the county jail), I get taxed from the money I was paid, I buy some dinar (with post taxed money) only to get taxed worse when it rv's. isn't that double dipping?

You forgot to mention that when you spend the rv money you will pay taxes on what you buy with it. Never ending and NO it is not just you! sad.gif

Thank you for the post

Carla

Read more: http://dinarvets.com/forums/index.php?/topic/34735-is-it-just-me/page__pid__213365__st__0entry213365#ixzz11LOGg1GI

First off I'd like to say Hello and God Bless to everyone and although this is my first post, I've been reading some of the info posted on this great site. I've chosen not to comment or put in my two cents as I am no where near as prepared as most of you appear to be.

Is it just me or does it seem like "Uncle Sam" really benefits the most from an RV. I mean I for one don't own much Dinar but the little that I do own "Big Brother" will be getting. If I've read previous post correctly 40% for doing nothing and investing nothing in the investment that we are in. But what really isn't fair is in the event (which I don't foresee) that we were to sustain a loss, "Big Brother" won't be there to bail us out. Awesome arrangement for them, we take the risk they reap the rewards. Don't get me wrong this is by far the best nation in the world to live in, but realistically with "family" like that who needs enemies? lol

Also if I read this right the US owns so many trillions in Iraqi dinar why do they need 40% from us. Was just wondering? sounds kinda greedy to me.

I would also ask if anyone out there has a better way to soften that 40% hit to "Uncle Sam" that is legal and doesn't require warka, or off shore accounts... I'm not against paying taxes but it seems like"Uncle Sam" is a modern day "King John" (from Robin Hood) when it comes to this investment as well as any investment if this is the norm in the industry.

Lets see I work an honest job (deputy at the county jail), I get taxed from the money I was paid, I buy some dinar (with post taxed money) only to get taxed worse when it rv's. isn't that double dipping?

I wish everyone lots of luck and hope all your dreams come true. And just think of all the people that will be helped when this ride comes to an end.(pay it forward) I for one will be helping my family and a few others get back on their feet.

God Bless us all and God bless the USA,

GOOOOOOOOO RV...................................................

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sad.gifLets see I work an honest job (deputy at the county jail), I get taxed from the money I was paid, I buy some dinar (with post taxed money) only to get taxed worse when it rv's. isn't that double dipping?

You forgot to mention that when you spend the rv money you will pay taxes on what you buy with it. Never ending and NO it is not just you! sad.gif

Thank you for the post

Carla

Read more: http://dinarvets.com/forums/index.php?/topic/34735-is-it-just-me/page__pid__213365__st__0entry213365#ixzz11LOGg1GI

Soooo True, I stand corrected. The never ending tax cycle... lol Thanks for the response

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Soooo True, I stand corrected. The never ending tax cycle... lol Thanks for the response

Oh, then if you buy a house for example. you pay the tax from your already taxed money, then you pay a property tax every year after that, then when we die we will have to pay a death tax LOL

OK now my blood is boiling!!!

Carlabiggrin.gif

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First off I'd like to say Hello and God Bless to everyone and although this is my first post, I've been reading some of the info posted on this great site. I've chosen not to comment or put in my two cents as I am no where near as prepared as most of you appear to be.

Is it just me or does it seem like "Uncle Sam" really benefits the most from an RV. I mean I for one don't own much Dinar but the little that I do own "Big Brother" will be getting. If I've read previous post correctly 40% for doing nothing and investing nothing in the investment that we are in. But what really isn't fair is in the event (which I don't foresee) that we were to sustain a loss, "Big Brother" won't be there to bail us out. Awesome arrangement for them, we take the risk they reap the rewards. Don't get me wrong this is by far the best nation in the world to live in, but realistically with "family" like that who needs enemies? lol

Also if I read this right the US owns so many trillions in Iraqi dinar why do they need 40% from us. Was just wondering? sounds kinda greedy to me.

I would also ask if anyone out there has a better way to soften that 40% hit to "Uncle Sam" that is legal and doesn't require warka, or off shore accounts... I'm not against paying taxes but it seems like"Uncle Sam" is a modern day "King John" (from Robin Hood) when it comes to this investment as well as any investment if this is the norm in the industry.

Lets see I work an honest job (deputy at the county jail), I get taxed from the money I was paid, I buy some dinar (with post taxed money) only to get taxed worse when it rv's. isn't that double dipping?

I wish everyone lots of luck and hope all your dreams come true. And just think of all the people that will be helped when this ride comes to an end.(pay it forward) I for one will be helping my family and a few others get back on their feet.

God Bless us all and God bless the USA,

GOOOOOOOOO RV...................................................

Well my financial advisor has told me that because I have had my Dinars well over a year it will be taxed at 15% long-term capital gains.

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sad.gifLets see I work an honest job (deputy at the county jail), I get taxed from the money I was paid, I buy some dinar (with post taxed money) only to get taxed worse when it rv's. isn't that double dipping?

You forgot to mention that when you spend the rv money you will pay taxes on what you buy with it. Never ending and NO it is not just you! sad.gif

Thank you for the post

Carla

Read more: http://dinarvets.com/forums/index.php?/topic/34735-is-it-just-me/page__pid__213365__st__0entry213365#ixzz11LOGg1GI

Also if you buy property you will pay property taxes to your county or state forever. However if you look at it this way, it is a blessing from the Lord and we have not put years and years of work into it. Actually a person can make many, many years of income instantly. Wow that opportunity doesn"t come along often at least not for me.

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Also if you buy property you will pay property taxes to your county or state forever. However if you look at it this way, it is a blessing from the Lord and we have not put years and years of work into it. Actually a person can make many, many years of income instantly. Wow that opportunity doesn"t come along often at least not for me.

Exactly, saturdaynight! Even though I can agree with the others and say I don't think the govt should be able to take as much in taxes, But who put these people in Govt? We did! But, This is a blessing that we do not have to work so hard for! Go RV and God Bless!

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First off I'd like to say Hello and God Bless to everyone and although this is my first post, I've been reading some of the info posted on this great site. I've chosen not to comment or put in my two cents as I am no where near as prepared as most of you appear to be.

Is it just me or does it seem like "Uncle Sam" really benefits the most from an RV. I mean I for one don't own much Dinar but the little that I do own "Big Brother" will be getting. If I've read previous post correctly 40% for doing nothing and investing nothing in the investment that we are in. But what really isn't fair is in the event (which I don't foresee) that we were to sustain a loss, "Big Brother" won't be there to bail us out. Awesome arrangement for them, we take the risk they reap the rewards. Don't get me wrong this is by far the best nation in the world to live in, but realistically with "family" like that who needs enemies? lol

Also if I read this right the US owns so many trillions in Iraqi dinar why do they need 40% from us. Was just wondering? sounds kinda greedy to me.

I would also ask if anyone out there has a better way to soften that 40% hit to "Uncle Sam" that is legal and doesn't require warka, or off shore accounts... I'm not against paying taxes but it seems like"Uncle Sam" is a modern day "King John" (from Robin Hood) when it comes to this investment as well as any investment if this is the norm in the industry.

Lets see I work an honest job (deputy at the county jail), I get taxed from the money I was paid, I buy some dinar (with post taxed money) only to get taxed worse when it rv's. isn't that double dipping?

I wish everyone lots of luck and hope all your dreams come true. And just think of all the people that will be helped when this ride comes to an end.(pay it forward) I for one will be helping my family and a few others get back on their feet.

God Bless us all and God bless the USA,

GOOOOOOOOO RV...................................................

I thought it was 30% short term capital gains? Wow....40%??? I was getting set to just put 30% of whatever I made off this into an savings account....which in turn would get taxed off of the interest made off that until I used it to pay these cap gains taxes....

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I talked to my accountant, and he said it would depend on your previous years tax bracket, and I would be looking at 5% - 15%. But I am still going to plan on paying 40% in taxes and hope that he right in his initial assessment. I think everyone is going to have different circumstances, and getting two identical opinions on the tax code is almost impossible. EXCEPT that you have to pay taxes. But I guess even that is debatable, depending on how far off the deep end you are.

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I talked to my accountant, and he said it would depend on your previous years tax bracket, and I would be looking at 5% - 15%. But I am still going to plan on paying 40% in taxes and hope that he right in his initial assessment. I think everyone is going to have different circumstances, and getting two identical opinions on the tax code is almost impossible. EXCEPT that you have to pay taxes. But I guess even that is debatable, depending on how far off the deep end you are.

If you live in California....be prepared to pay an additional 10% California state tax on top of Uncle Sam's cut.

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