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2 posted on
03/16/2008 6:51:25 AM PDT by
RKBA Democrat
(Lord Jesus Christ, Son of God, have mercy on me, a sinner!)
To: RKBA Democrat
3 posted on
03/16/2008 6:51:53 AM PDT by
Old Sarge
(CTHULHU '08 - I won't settle for a lesser evil any longer!)
To: RKBA Democrat
4 posted on
03/16/2008 6:55:06 AM PDT by
piroque
To: RKBA Democrat
Complex, social micromanagement by the IRS does indeed leave some areas free from taxation ... if you or your employer are willing and able to contort to the micromanagement. It’s time for a flat tax or NRST!
5 posted on
03/16/2008 6:56:09 AM PDT by
coloradan
(The US is becoming a banana republic, except without the bananas - or the republic.)
To: RKBA Democrat
To: RKBA Democrat
It seems like the home gain exclusion could be used to pay almost no income taxes. Say you and your spouse are employees of your own corporation that pays a minimum salary. After two years the corporation buys your house for up to $500,000 more than you paid for it, with seller financing. That $250k/year is tax free. Now the corporation sells it back to you for a $500k loss, so the corporation pays no taxes for having no profits. Rinse and repeat. Obviously you’d have to structure it so the IRS doesn’t think you’re just working the system but couldn’t the basic idea be made to work legally?
11 posted on
03/16/2008 7:22:58 AM PDT by
Reeses
(Leftism is powered by the evil force of envy.)
To: RKBA Democrat
13 posted on
03/16/2008 7:35:59 AM PDT by
VRWCer
("The Bible is the Rock on which this Republic rests." - President Andrew Jackson)
To: RKBA Democrat
15 posted on
03/16/2008 7:45:15 AM PDT by
Edward Watson
(Fanatics with guns beat liberals with ideas)
To: RKBA Democrat
18 posted on
03/16/2008 7:50:48 AM PDT by
Angelwood
(FReepers are Everywhere! We Support Our Troops! (Hillary's Vast Rt Wg Conspiracy))
To: RKBA Democrat
“...that the IRS can’t touch”
With a stroke of the pen, the law of the land can be changed to fix that any moment the legislature is in session.
To: RKBA Democrat
To: RKBA Democrat
23 posted on
03/16/2008 8:17:36 AM PDT by
2nd amendment mama
( www.2asisters.org | Self defense is a basic human right!)
To: RKBA Democrat
The article didn’t include being a legislator with your office in Washington DC either.
The possible ways not to paid taxes may be legal but I’m just assuming that everyone of them will raise a big red flag to the IRS. Thus, making you a bigger target to them and also wanting the IRS to possibly make an example of you. But I may be incorrect.
25 posted on
03/16/2008 8:24:41 AM PDT by
antiunion person
(President McCain, what a disgusting phrase.)
To: RKBA Democrat
I’m scanning FR today for articles to read and comment on AFTER St.Pat’s... Got to prepare for this eve & tommorow you know...
26 posted on
03/16/2008 8:25:41 AM PDT by
AFPhys
((.Praying for President Bush, our troops, their families, and all my American neighbors..))
To: RKBA Democrat
Cross the border illegally. With no paperwork, the IRS can’t tax you.
Or just sell weed, blow and meth.
Millions already do this, I guess us schmucks who do pay taxes are the losers.
27 posted on
03/16/2008 8:30:06 AM PDT by
Malsua
To: RKBA Democrat
Slaves arguing over the best way to redecorate the cell.
31 posted on
03/16/2008 8:40:15 AM PDT by
EternalVigilance
(George Soros now owns two Parties, and their likely nominees...)
To: RKBA Democrat
Pay into a tax benefited indexed universal life insurance plan with growth and a tax free death benefit. Take an annual pay-out after five-ten years and it’s tax free. See Missed Fortune 101 or Last Chance Millionaire.
To: RKBA Democrat
35 posted on
03/16/2008 8:53:01 AM PDT by
Luigi Vasellini
(What do you call 2 toddlers and some duct tape??........muslim body armor!!!!!!!)
To: RKBA Democrat
36 posted on
03/16/2008 8:54:12 AM PDT by
jetson
To: RKBA Democrat
44 posted on
03/17/2008 10:05:00 AM PDT by
ovrtaxt
(Member of the irate, tireless minority, keen on setting brushfires of freedom in the minds of men.)
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