My future!
http://www.forbes.com/2009/01/28/olenicoff-ubs-offshore-personal-finance-taxes_0127_olenicoff_ubs.html?feed=rss_personalfinance_taxesestates
Crap I guess hiding money offshore wouldn't be a good idea after all!:D |
Dirty rich people. Why hoarde money? It doesn't go with you when you die. They only accept good deeds and a clean lifestyle at the Pearly gates. No Cash! :D ;)
They say that rich people are less likely to give on a percentage of their income, because they have become so attached to their money. If an "average" person gave $100 to a charity, thats a WAY higher percentage than if a super rich person gives $1000. Its because the super wealthy have to "protect" their vast money pile. Scary stuff. |
Nonsense! There's nothing wrong with hiding money offshore and in fact I have a huge stash hidden where nobody will find it.
Ummm, just in case the jar breaks, does anybody know if seawater corrodes copper pennies? |
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When reaching near the top of the ladder of success, I realized I had it leaned aginst the wrong wall the whole time
-- Joseph Campbell |
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-Shelby |
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Good idea, but those are a little big to store in your backyard..... Now, if I owned property with a runway.... |
Stuff like would not happen if the Gov. would just keep its hands out of the pockets of the people. That is a major reason people hide money is to keep from getting raped on the taxes. I am guilty I wont lie I have purchased realestate then sold it and then took the money and put it into another proporty in order to keep uncle sam out of my pocket.
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1031 exchange?
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You can try it yourself...scratch any penny made since 1982...stick it in a large glass, cover the glass so the water won't evaporate, then set the glass on your dresser and just watch the thing disappear over the next few months... :eek: :rolleyes: :cool: |
Shucks! I guess I'll have to make a major upgrade to my secret stash and go with nickles! Gonna have to get a bigger jar or maybe even TWO jars!
Burying it in the backyard takes away the thrill of that whole "offshore" idea. |
Best part of the article...
QUOTE:"Olenicoff's assessment of his own role: "a pawn and victim of a greedy scheme." He's asking $500 million in damages, which, given his admitted role in stiffing Uncle Sam, might be something of a stretch." |
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