504 said: (quoted from post at 21:53:03 04/16/11) On income taxes look at The Fair Tax(book)and The Fair Tax-Answering the Critics. It is not magic but you keep what you earn, just pay when you buy something new.
So,..let's get this right
Work, get paid but taxed,...ok, it's only once right?
Spend the taxed earnings, and get taxed again (sales tax)
Sell that item that one was taxed on when item was purchased (such as a vehicle) and pay another tax for the earnings again by keeping it in the bank and gaining what they tell you is "interest" but taxed for it again later.
Die,..and pay a death tax.
One cannot even save money without being taxed for it. That is if you keep it in a bank or try to withdraw it in terms that they call "early" with an IRA Roth account!
Gold and Silver is the answer,..just buy it in cash, and watch it grow. Sell it when YOU need untaxed cash, but in small amounts. That's what I have been told at least! :lol:
This post was edited by Detmurds at 22:12:05 04/16/11 3 times.
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Today's Featured Article - Grain Threshing in the Early 40's - by Jerry D. Coleman. How many of you can sit there and say that you have plowed with a mule? Well I would say not many, but maybe a few. This story is about the day my Grandfather Brown (true name) decided along with my parents to purchase a new Ford tractor. It wasn't really new except to us. The year was about 1967 and my father found a good used Ford 601 tractor to use on the farm instead of "Bob", our old mule. Now my grandfather had had this mule since the mid 40's and he was getting some age on him. S
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