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Welcome to Fairfax Underground, a project site designed to improve communication among residents of Fairfax County, VA. Feel free to post anything Northern Virginia residents would find interesting.
Welcome to Fairfax Underground, a project site designed to improve communication among residents of Fairfax County, VA. Feel free to post anything Northern Virginia residents would find interesting.
mc au lift, VA, admits au fraud
Posted by:
mc au lift
()
Date: January 29, 2015 01:21PM
RICHMOND, Va. (AP) — A Virginia Senate committee is proposing to exempt gold, silver and platinum bullion from the state sales tax.
The exemption would apply to transactions exceeding $1,000. The Finance Committee’s endorsement
says bullion buyers are taking their business outside Virginia to states that don’t tax precious metals.
The state Department of Taxation estimates that the measure could reduce state revenues by as much as $313,000 a year. Similar exemptions are offered by 31 states.
While endorsing one new tax break, the committee proposed repealing an existing one: an income tax credit for political contributions.
The repeal bill offered by Sen. Chap Petersen, a Fairfax Democrat, would raise an estimated $680,000 a year in revenue.
The exemption would apply to transactions exceeding $1,000. The Finance Committee’s endorsement
says bullion buyers are taking their business outside Virginia to states that don’t tax precious metals.
The state Department of Taxation estimates that the measure could reduce state revenues by as much as $313,000 a year. Similar exemptions are offered by 31 states.
While endorsing one new tax break, the committee proposed repealing an existing one: an income tax credit for political contributions.
The repeal bill offered by Sen. Chap Petersen, a Fairfax Democrat, would raise an estimated $680,000 a year in revenue.
Re: mc au lift, VA, admits au fraud
Posted by:
ehk7K
()
Date: January 29, 2015 01:26PM
obviously this means one can use income to purchase without taxation
this would be ok if the value of the money didn't fluctuate: since taxation upon exchanging one currency for another would be double income taxation
p.s. i was taxed 3x for purchasing tools in VA with my own money (not gov provided), 4x or more if we consider tool makers being taxed, which were necessary for my survival in the workplace
this would be ok if the value of the money didn't fluctuate: since taxation upon exchanging one currency for another would be double income taxation
the loophole is this offers a way for them to avoid income tax
if they know the value of the bullion is going up then they are untaxed by the same
this means it is untaxed income from futures trading
p.s. i was taxed 3x for purchasing tools in VA with my own money (not gov provided), 4x or more if we consider tool makers being taxed, which were necessary for my survival in the workplace
Re: mc au lift, VA, admits au fraud
Posted by:
epbD3
()
Date: January 29, 2015 01:31PM
NY,NY has erected "tax free zones"
(where rich polititians and businessman are untouchable. they are not taxes at all. do (false) trading make a profit? no tax.)
meanwhile sean hannity, alone with mike cornhusk who's poor and still burns trash in a barrel in his back yard: pay %50 of his income to them
(where rich polititians and businessman are untouchable. they are not taxes at all. do (false) trading make a profit? no tax.)
meanwhile sean hannity, alone with mike cornhusk who's poor and still burns trash in a barrel in his back yard: pay %50 of his income to them
Re: mc au lift, VA, admits au fraud
Posted by:
uCwm4
()
Date: January 29, 2015 01:35PM
i'd say NY,NY and the FTC still owe an explanation of the
half of all saving of most all working americans - gone - in ONE YEAR - no reason
they only gave an every day +-1 pt move explanation blaming bad loans (which they do every day), and the FTC didn't investigate
The Great USA Workers Retirement Savings Axing of 2007 - halved
half of all saving of most all working americans - gone - in ONE YEAR - no reason
they only gave an every day +-1 pt move explanation blaming bad loans (which they do every day), and the FTC didn't investigate
Re: mc au lift, VA, admits au fraud
Posted by:
CKhNN
()
Date: January 29, 2015 01:38PM
> exceeding $1,000
you see: it should read <$1,000
then no matter which way the trading went: wouldn't be worth anyone's time
there is more and more allot of double talk in VA law be Microsoft Word'ed into print by democrats
you see: it should read <$1,000
then no matter which way the trading went: wouldn't be worth anyone's time
there is more and more allot of double talk in VA law be Microsoft Word'ed into print by democrats
Re: mc au lift, VA, admits au fraud
Posted by:
Update...
()
Date: January 29, 2015 05:49PM
There is nothing to say that income cannot be taxed twice. Or any other number of times.
Re: mc au lift, VA, admits au fraud
Posted by:
9PKey
()
Date: January 30, 2015 03:33PM
however , it is still evasion
and if your asking me to trust honest government will tax themselves if the gold appreciates
and if your asking me to trust honest government will tax themselves if the gold appreciates