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To: NRx

Sell it to someone for 5 million, let them collect, take the heat, and then get the 555:million from them afterward.


20 posted on 02/05/2018 5:20:55 PM PST by Keyhopper (Indians had bad immigration laws)
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To: Keyhopper

“Sell it to someone for 5 million, let them collect, take the heat, and then get the 555:million from them afterward.”

They person “buying” the ticket would have to pay income tax on it. Then transferring that money to anyone else would be taxable again, under the federal and possibly state gift taxes. The IRS likes your idea...


25 posted on 02/05/2018 5:23:43 PM PST by NRx (A man of integrity passes his father's civilization to his son, without selling it off to strangers.)
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To: Keyhopper

I hope you would get a good lawyer and cap before acting on your advice.


45 posted on 02/05/2018 5:48:33 PM PST by TexasGator (Z)
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