This illustrates why 70% tax doesn't work.

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Jan 15, 2019
3:55:55pm

rcbyufan All-American

This illustrates why 70% tax doesn't work.

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rcbyufan

Bio page: rcbyufan
Joined: Aug 18, 2010
Last login: Jun 6, 2024
Total posts: 31,697 (1,088 FO)

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Messages

Author

Time

Here is your unethical life pro tip for the day: Need to give/get a large some of money and don't want it to be taxed?

scootsy First name: Tom; Last: Foolery

1/15/19 3:52pm

This illustrates why 70% tax doesn't work.

rcbyufan

1/15/19 3:55pm

Then you get to give 3/4 of it to a lawyer?

foofcoug

1/15/19 3:56pm

Be your own lawyer.

Sandy Lyle

1/15/19 3:58pm

I respect myself too much to do that.

foofcoug

1/15/19 3:59pm

So fraud. Never thought of that

Baron

1/15/19 3:59pm

he said it was unethical right in the subject. sheesh.

riboflavin

1/15/19 4:10pm

If you are worried about the gift tax just hire an accountant because

kimdaddy35

1/15/19 4:13pm

i think he's talking paying tax on a yearly gift.

riboflavin

1/15/19 4:22pm

You can give up to $15k per year before it counts against that

kimdaddy35

1/15/19 5:01pm

that 15k is what he's talking about. money in excess of 15k that is.

riboflavin

1/15/19 5:15pm

I understand, I guess I just don't understand why he is worried about

kimdaddy35

1/16/19 11:38am

Although this is also fraud, I like this idea better:

Jeremy

1/15/19 4:44pm

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