Airbnb and Uber show how companies may avoid ALL taxes—we
will pay theirs
“The nature of their business and the structure of the
companies can allow them to essentially keep
all of their profits out of the U.S. Unless the tax systems find a way to
deal with this, the lost revenue may be enormous,” one former Treasury lawyer said.
As one former 1%er said, "We don't pay taxes. Only
the little people pay taxes." If you run a business, you can deduct
almost everything you do. Don has obtained financing for many real estate
projects. Real estate requires a lot of expenses to develop, build, and
maintain. Almost everything Don touches (hair, hair spray, office, home office,
jets, choppers, clothes, entertainment, travel, restaurants, golf, etc) is a
business expense. If your revenues are $ millions and your deductions are $
millions, your taxes are ZERO. ‘Real estate LLCs can generate enormous
losses, even with millions in revenue, because of depreciation, interest
payments, real estate taxes and operating costs.’
Avoid paying their tax bills: https://www.amazon.com/Tax-FREE-Income-1000000-tax-free/dp/1477472584
Is a US
tax shelter right for you?
Get started today at no cost: https://www.amazon.com/Your-Tax-FREE-Account-IRS-approved-shelter/dp/153735292X
What do you want your retirement years to look like?
When you are working and have income, you have a chance to
shape your later year’s lifestyle. You can choose NOT to ‘just survive.’ Social Security runs out in 17 years
so you need to make a plan. This
site, cheatsheet.com helps you see the picture clearly. Whatever you
currently earn, you will earn less then so you need to plan now. It takes 20
years to build a business or create a $200,000 Wealth Reserve that is
tax FREE. That would provide about $1400 per month for 20 years without
inflation adjustments.
This SS replacement/supplement is tax-FREE and costs nothing
to set up: https://www.amazon.com/Your-Pension-Box-tax-FREE-employer/dp/1481945157
Supremes ready to exclude black voters—a racist court?
Because Roberts, Kennedy,
Thomas and Alito were willing to overturn NC court’s voiding of voter
suppression measures to exclude blacks from voting, Scalia is being missed by
GOP leaders today. Scalia would have sealed black voter suppression in NC and
perhaps other states. Supremes would overturn a
unanimous panel of the 4th Circuit on July 29 who agreed with allegations
from the Justice Department and civil rights groups that North Carolina ’s bill selectively chose voter-ID
requirements, reduced the number of early-voting days and changed registration
procedures in ways meant to harm
blacks." The Richmond Court of Appeals found the NC law unconstitutional:
“Upon
receipt of the race data, the General Assembly enacted legislation that
restricted voting and registration in five different ways, all of which
disproportionately affected African Americans.” NC changed vote rule after
the Supremes
decided a Voting Rights Act void.
The Supremes (with
Scalia) would have found
discrimination constitutional like 1903.
Did you forget to collect former employer benefits?
Many retirees have found pensions and 401ks that they failed
to collect when they retired. Years into retirement, while cleaning out old
papers, I came upon a letter from one of my former employers. This Wall Street
firm had collapsed and we employees had become part owners in lieu of pension.
The letter told me a small annuity/pension was purchased from an insurer. I
contacted them and started my benefits. They would never have told me they owed
me money. 60 minutes recently highlighted this
scam by insurance companies—keep life and annuity benefits. In another
situation, I had forgotten I had contributed to a 403b as a temporary worker
with a not-for-profit 35 years ago. They were still able to find my records and
start paying me my benefits. In a third case, I forgot I had left money in an
IRA account with a national fund firm. I transferred the cash to my current IRA
trustee and invested it as Warren
suggested.
Warren Buffett is my advisor: https://www.amazon.com/Warren-Buffett-Your-Investment-Advisor/dp/1518690963
Why your advisor hates Obama’s fiduciary rule
A fiduciary is one who “acts
in your best interests.” Why do lobbyists call it “government at its
worst?” You thought your advisor was unbiased all along. Well no, not really.
Advisors are sales people. Their job is to sell what their firms tell them to
sell. Every firm has manufacturer contracts to meet their revenue and profit
goals. They do it by commissions, fees, charges and bribes (“soft money”,
bonus, incentives, etc). This rule only applies to retirement products. Some
vendors are moving from variable annuities to “managed” accounts. Some are
dumping their retail units. Some a suing Obama saying the rule is like forcing a
Chevy salesman to send you to Ford if it’s better for you. Sounds like Miracle on 34th Street
where Macys found out that helping customers get the best is profitable.
Pay less, get more: https://www.amazon.com/Fiduciary-Rule-BEST-dont-anymore/dp/1530980275
GOP reneges on America ’s
promises
Pres Truman brokered an agreement to guarantee miners’
lifetime health and retirement benefits in 1946 but GOP leader McConnell, a
staunch defender of his home state’s coal industry, blocked
the pension measure that some Republicans warn amounts to a bailout. Sen.
Sherrod Brown, D-Ohio, said McConnell has blocked the bill “because he doesn’t
like the United Mine Workers union,” which endorsed McConnell’s Democratic
opponent, Alison Grimes, in the 2014 election. The pension measure is paid for
in part through a fund used to clean up abandoned mines left to pollute the
community by for-profit coal companies. GOP did not mind supporting government bailout of Wall Street.
Koch Bros creating
next GOP generation learn to take “free-market”
govt
subsidies.
GOP supports ‘Socialism for the Rich’: https://www.amazon.com/Americas-Socialism-Rich-little-people/dp/1535218584
Is a “Structured certificates of deposit” right for you?
Mary Bailey, a 79-year-old widow, MA, gave her grandchildren
a gift at her Citizens Bank where a financial
adviser sold her on a “newfangled $100,000 certificate of deposit.” It
would, he said, double
her savings in six years. So she was irate when her first statement
showed the CD’s
value had fallen to $95,712, thanks to upfront
fees. “This was not a CD as I know a CD,” Ms. Bailey says.
It is a "GS Momentum Builder Multi-Asset 5 ER Index-Linked Certificate of
Deposit Due 2021," linked to a Goldman Sachs proprietary index.
("Proprietary index" is a cool way of saying "exotic derivatives.") The
sales documents "run to 266 pages (calculus, backtested, flowcharts, etc)."
"Ms. Bailey says she didn’t read the documents." Come
on ! Bankers are salespeople first.
Enough Wall Street BS: https://www.amazon.com/Money-Scams-2014-insurance-financial/dp/1505437962
CA court says OK to cut your pension
A contract pension is a legal promise. That belief, which
has guided officials as they deal with mounting bills to cash-strapped
retirement plans, was shaken in August when a state appellate court said benefit
cuts are permissible if the pensions remain "reasonable" for
workers. The case in Marin
County San
Francisco that’s among the wealthiest in the U.S. ,
centers on the formula for calculating retiree payouts. "Going from an
absolute ’no’ to a ’yes, if it’s reasonable’ is a huge shift in the political
debate as well as the legal debate," former mayor Reed says. "In
order to save their jurisdictions from insolvency, some systems will be
motivated to try to make some changes." Their “reasonable” is less than
yours, I bet. Wealthy people don’t pay for promises.
Start saving all over: https://www.amazon.com/Dont-leave-work-without-Retirement/dp/1511980982
Pick your best deal—reliable 3-year old ride makes best
buy
With mileage under 60K, used reliable cars are 30-40% off
their list prices. You are paying for proven reliability. Some have warranties
or certified status. JD
Power asked real owners to rate their overall and specific conditions.
Chevy and other GM vehicles have bested some foreign nameplates (most are made
in US) via engineering turnarounds. Malibu
beat Camry and Accord for top prize—shocking change will bring improvements.
Lexus and Prius still hold premium with owners but MINI has
improved ratings.
Don’t forget your discounts too: https://www.amazon.com/Vehicle-Insurance-Beware-Double-Coverage/dp/1480027634
Don is right: Christianity is under attack by …
spiritualists
The number of Americans who claim no religious
affiliation has nearly doubled since 1990, rising from 8 to 15 percent. To
the surprise of liberals who fear the advent of an evangelical theocracy and to
the dismay of religious conservatives who long to see their faith more fully
expressed in public life, Christians now make up a declining percentage
of the American population. Yet, the rising number of religiously unaffiliated
Americans are people more apt
to call themselves "spiritual" rather than "religious.”
Christianity tied itself to political beliefs and lost “independent”
believers. We want kids to learn evolution not Bible myth, salute stars and
strips not confederate treason, love people not things, love freedom to chose
not other person’s dogma.
After institutional religion’s bickering is over, we can get
back to:
“Love one
another. As I have loved you, so you must love one another.” John 13:34
Don’s Apology?: “Sometimes in the heat of debate, and
speaking on a multitude of issues, you
don't choose the right words or you say
the wrong thing. I have done that."
Hill’s Apology?: “I
just followed advice of Colin
and other Sec. State before me.”
Don vs Hill 2016 – lesser evil?
Don: My advisor,
Bachmann: “2016
will be last election” for GOP if Hill wins.
“I think people don’t care”
about tax returns—so
just release and move on.
My advisor
Carson: “It would be good idea to apologize
for being a birther”
Putin
is a better leader than my country’s president—is that treason talk?
“I was
always against the Iraq
war” except on Howard
Stern’s show. “So?”
I don’t
want to be president, just “listen
to my meaning.” I just used $55,000
in campaign donations to buy copies of my book at full retail price. Boost
my book ratings.
Hotel booking firm Hipmunk reported its reservations
for Trump hotels are down nearly 60 percent from 2015. Don may be the new
President (Fox News?) in 2017.
Mike: Don changes
deportation promise: “new
and reformed immigration system”
I like
Putin for leader too. Look
at his poll numbers Don’t look at Don’s negative
Hill: I
don’t know what’s “classified” without the “header” “CLASSIFIED”
Forbes:
FBI report shows Clinton was
honest: emails
about press cover of drones.
Collin
showed how to operate
email via private server—he did it all the time.
Don allied
himself to Putin—pull out of NATO! He has attraction to dictators.
Don "clearly
has something to hide" or he would release taxes and get on with it.
Tim: DallasNews
endorses Hill since Don is no GOP or conservative but Trumpism.
“You’re kidding,” Barnicle said, flabbergasted,
to Pres candidate.
Regulators are the only protection we have since we
can’t sue anymore
“It is nearly
impossible for one individual to take on a corporation with vast resources.”
(GOP bill requires
impossible: every person in class
action suffer “same type and scope of injury”)
Supremes
stop us from suing—State courts no longer available to sue corporations!
1,100 residents East Chicago
sickened by toxic
lead arsenic exposure du Pont AtlRichfd
FL AG Bondi halts
probe of Trump U and gets her fundraiser at Trump club FREE.
TX AG Paxton halts
probe of Trump U squashing case by Consumer Protection Chief.
Impeach
IRS Dir, then what? Congress writes new tax code? Rich
pay only 15% now
TX
caught “misleading” voters on new ID regs so Dems can’t vote
Fed asks Congress to keep Wall
Street out of commodity ownership biz for $ safety
We need regulation—GOP wrong—companies/cities
wouldn’t fix bad products on own
Police want gun control.
When everyone has guns; your
chance of being killed goes up. Police don’t know who to
shoot if you and robber has gun. They Shot
a psych worker with his hands up while on ground. Police shot
black homeowner who reported car stolen in front of house. No “shout out” “police” since homeowner has
gun. They shoot first if black or deaf. Deaf man was fatally shot when he tried to explain in sign. An
Oklahoma mom was arrested after she shot
a man she found in her 16-year-old daughter`s bedroom. OK Police pepper
spray NOT shoot 84 year old mom who didn’t move fast enough in HER home.
11-year old shoots
another 11-year old playing at home with adults’ gun. Can a homeowner carry
a gun and water their lawn?
Smart
guns can only be used by owner but banned in states by NRA. Guns kill
people.
SCAMS
Hackers use SS7 system to collect
our data on smart phone—delete bank, card info now!
96% of
the universe is not seen or detected—everything we see is made from 4% of
it.
GM settled with the last two families of 124
people killed by their bad ignition switch.
BlackRock largest asset manager: investors
should factor climate change into decisions.
Cruise
ship captain again fails to listen to the weather forecast—you get sick for
FREE
Britain
builds concrete wall around French port
Calais to prevent immigration to GB
Ignoramus Award: So
much for religion—Isis
banned burka in N. Iraq after its commanders killed by female fighters. Isis
used to kill women for NOT wearing burka
How our government wastes our money
$1
billion for private facilities that hold roughly 20,000 immigrants in
custody daily.
$2 billion to Boeing in performance bonuses for defense system
that fails 6 of 11 tries.
Congress
stops fighting Zika putting millions at risk—later costs bigger than AIDs
$800
million probe on an mission to land on an asteroid to see how they
travel
War in 6 countries
using bombing-runs that cost $500,000 per hour. 10,000 troops.
Nearly half the country thinks we are less
safe than before the 2001 attacks
Where have all the jobs gone?
Insurers of all sizes are being forced
to attract workers with skills in advanced computing.
Robot security
guards? “Once it gets arms,” says one guard, “it'll replace all of us.”
Growth of mobile market fuels outsourcing and automation
for all industries
Who owns your account now?
Deutsche
Bank Wealth Management to Raymond James’ Alex Brown brand
IAN
41 Watchung Plaza, B242
973.746.2014
Alerts available at http://dankeppel.blogspot.com/
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