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Coffee Shop
Counting Your Money
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<blockquote data-quote="TexasRancher" data-source="post: 1794582" data-attributes="member: 8359"><p>The current monetary tax system was designed to hold and clamp people in a specific lifestyle (where normal folks can't get ahead). Been my belief one of the best ways to wealth is to study and understand tax IRS laws and wide open loopholes. You can legally wait and hold losses for years...and take them to offset capital gains when you're ready. There's so many losses on everything...majority people won't even know of. It's rough documenting all "daily" purchases and losses...due to theft, natural elements-disasters, depreciation, resale. Then the other bag...of having to become a LLC without your name on anything...and the family trust.</p><p>The system is set up and designed to keep everyone working with nose to grindstone...the only way to avoid that (my belief) is to capitalize on KEEPING MORE MONEY in your hands by preventing taxation. It would undermine THEM (their system) to teach tax law , LLC and trusts to young men and women. If they did teach it...then the Tax and Law system would <strong>have to </strong>change again to hold and clamp the masses to the grindstone.</p></blockquote><p></p>
[QUOTE="TexasRancher, post: 1794582, member: 8359"] The current monetary tax system was designed to hold and clamp people in a specific lifestyle (where normal folks can't get ahead). Been my belief one of the best ways to wealth is to study and understand tax IRS laws and wide open loopholes. You can legally wait and hold losses for years...and take them to offset capital gains when you're ready. There's so many losses on everything...majority people won't even know of. It's rough documenting all "daily" purchases and losses...due to theft, natural elements-disasters, depreciation, resale. Then the other bag...of having to become a LLC without your name on anything...and the family trust. The system is set up and designed to keep everyone working with nose to grindstone...the only way to avoid that (my belief) is to capitalize on KEEPING MORE MONEY in your hands by preventing taxation. It would undermine THEM (their system) to teach tax law , LLC and trusts to young men and women. If they did teach it...then the Tax and Law system would [B]have to [/B]change again to hold and clamp the masses to the grindstone. [/QUOTE]
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