Don can’t release his tax returns since it would hurt his
image
Don says he is audited every year. “I have friends that are very rich and never get audited. I’m
audited every year. Maybe that’s because of politics, who knows.” He is
audited every year because he has questionable deductions that zero out his tax
bill. His biographer, David Cay Johnston shows his habit since he began putting
his name on buildings in Atlantic City . https://www.amazon.com/Making-Donald-Trump-David-Johnston/dp/1612196322
He is proud of paying
as little as he can. “I fight very hard to pay as little tax as possible.”
That could be ZERO and could explain why he refuses to come clean with his
voters. “It’s none of your business.” Yet every president has NOT hid their
financials in case there
is a conflict. We can only assume there
is a conflict and Don is just as surprised as the world that he is the
nominee and must disclose. We are passed the convention, so no one will
bother him now. He is the GOP winner already.
You can avoid taxes
using a legal tax
shelter: https://www.amazon.com/Tax-FREE-Wealth-How-use-laws-free/dp/1475089236
Advisors are NOT
being paid to help you anymore
Serving
clients "used to be about prestige, now it's about margins," said
Jane Swan, Sheffield Haworth. Clients with less than $750,000 are now being
sent to call center service. Advisors are using the new fiduciary rule as the
excuse to jettison the un-rich. Firms have increased the number of clients with
over $10 million to invest by 88 percent since 2009. Merrill stopped paying
brokers on accounts with less than $250,000. Call center service is so
profitable, some with margins
over 45%, some firms are taking a second look at what discounters are
doing. RoboAdvisors are happy to take mass market investors. Their customers
see they can get Wall Street’s Secret Sauce for less.
Use Wall Street’s
Secret Sauce: https://www.amazon.com/Wall-Streets-Secret-Sauce-Big-Long/dp/1536845248
Why life insurance
is NOT an investment
Agents selling life
insurance can’t make money selling term (if you die your heirs get the benefit)
so they sell it as an investment. But when interest rates tank and are
underwater for long periods like now, the investment portion can’t
support the death benefit. Either you pay more to keep the CEO in caviar or
you quit and he keeps the premiums and benefits. Same for long term care. Insurance
is for premature death; it isn’t a legacy.
A better way to buy
a Legacy: https://www.amazon.com/Life-Insurance-Need-Save-right/dp/1480002178
Why are young investors using Roth IRAs?
At the end of 2014, 31
percent of Roth investors were younger than 40, compared with 15 percent of
traditional IRA investors. About 25% of Roth IRA investors were 60 or
older, compared with 39% of traditional IRA investors. Roth IRAs are newer than
IRAs. Older investors started their IRA accounts before 1997. Younger investors
are more likely to need the tax-FREE benefit later rather than earlier in their
careers. With a tax deductible IRA contribution of $5,500, they save $1375 on
taxes (25% tax bracket). But if they compound the earnings on that $5,500 over
30 years, they save over $25,000 on taxes. They can spend the full $110,000
accumulation. Fewer firms are matching their 401k contributions and who knows
about the SS fund by 2040. In 30 years, they may need every penny of their nest
egg.
They have their own
IRS-OK tax shelter: https://www.amazon.com/Tax-Shelter-Americans/dp/1500426520
GOP religion
Everyone is reaching for their Constitution after Khan
offered his to Don at the Dem convention. However, the version Clive
Bundy promotes is not the same one. Some constitutional scholars say that a
number of quotations in the NCCS version are either deliberate
alterations or taken out of context. The NCCS changes stress that the U.S.
is a Christian nation not intended to be ruled by a single government. For
some, the Federal structure has no legal standing and America
is a Christian nation. However, most Americans pay taxes because Congress
passed laws on the basis that Federal supersedes state law. They think America has no state
religion. Read the official version: https://www.gpo.gov/fdsys/pkg/CDOC-110hdoc50/pdf/CDOC-110hdoc50.pdf
Get copy:
Library of Congress. http://library-of-congress-shop.myshopify.com/products/three-documents-of-freedom-1
There is no word “Christian” in it. Print the FREE one here: http://www.archives.gov/exhibits/charters/constitution_transcript.html
There are many interpretations of what it says so everyone gets to claim they
are “strict constructionists” and “originalists.” It is clear that this country
was founded on religious freedom but not the kind GOP
religionists are trying to make law. Mr Kahn’s point is that we can’t exclude
someone based on religion or sex or color. Jefferson was clear to
keep religion out.
Don and the GOP are wrong—we don’t discriminate against
people we don’t agree with.
Why
are Christians voting for Don? Does the long record of Don’s business
practices align even remotely with the ideals laid down by Jesus? How would
Jesus respond to this record? Is it possible to imagine Trump repenting of
anything? “Beware false prophets
who come to you in sheep's clothing, but inwardly they are ravening wolves.
By their fruit you will recognize them.”
Don does not really want the responsibility of
president—he
just loves the spotlight.
Trump’s
image is basically unchanged from a month ago. He’s viewed favorably by 36
percent and unfavorably by 61 percent. Still the election could be close since
only the ardent vote.
Is the election rigged?
We have not had the election yet so Don is remembering all
the GOP gerrymandering and voter suppression we have had in the last 8 years.
GOP states have made laws cutting
the voting days and times and places and voter cards. 90-year-olds
don’t have drivers license anymore since can’t drive. They have claimed mass
voter fraud when no
state has proved it. GOP states have redrawn the voting districts so that all
the minorities are in one district and the other 15 are GOP strongholds. They
have one rep in DC not 7 as per population. This is why the House is now full
of GOP reps who 1. shut down gov 2. end all regulatory agencies, 3. allow AR
killing machines for ISIS to buy. 4. vote 50 times for repeal our health
access without replacement. 5. give more
subsidies to big air,
oil, gas, agribusiness,
etc. 6. allow
insider trading by Congress people. 7. bailout
bad banks
Don sees America ’s
Socialism for the Rich https://www.amazon.com/Americas-Socialism-Rich-little-people/dp/1535218584
Don: Former CIA
chief Morell calls me Putin’s
“unwitting agent.” “Putin likes me”
I never
apologize: "…when
you apologize, they use it … against [you].”
I know Obama
founded ISIS because I read it on the internet. BushII?
Mike: Of course Don
is not manipulated by Putin. Don loves praise from ANYONE.
Hill: This election
is like 1964: https://www.youtube.com/watch?v=uO0R4k1tVMs
Joe says
Don’s thinking: https://www.youtube.com/watch?v=U-VzZQGWOqA
FBI said some
emails were not clear on marking Secret—I did not intend
crime.
FBI own
agent gave China secrets and knew it. That is crime.
Tim: "I trust Hillary
Clinton with our son's life."
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!
Merrill Robertson Jr. Cavalier Union caught defrauding
elderly, coaches, promised 20%.
Ray Lucia barred by SEC: giving false
information on inflation REITs in “Buckets”
Russell K. Jalbert, Jacob Keith Cooper, Terence Marable, Beverly
Bailey lose
CFP cert.
Patrick Evan Churchville ClearPath caught
making Ponzi to buy RI mansion.
We need regulation—GOP wrong—companies/cities
wouldn’t fix bad products on own
When everyone has guns; your
chance of being killed goes up. Police want gun control. They don’t
know who to shoot. Shot
a psych worker with his hands up while on ground.
SCAMS
Cold war toxins
come back to kill us from global warming—great movie but TRUE
Ignoramus Award: Driver
Pulls Over Trooper For Speeding, Gets An Apology in TX?
“We're paying them for a service. We have every right to
question their behavior.” ???
How our government wastes our money
Our taxes
pay for big oil and gas to buy our reps more lunches and give more
subsidies.
Who owns your account now?
Robo-Advisors are being bought by the firms--Look before you
leap.
Our next book: Best Robo-Advisor: Ultimate Automatic
Wealth Management
IAN
41 Watchung Plaza, B242
973.746.2014
Alerts
No comments:
Post a Comment