Rocky Point Talk archive

The Feds want your global income

Started by dirtsurfer · Jul 17, 2013 · 24 replies
dirtsurfer
Pretty soon there will be a tax on your dreams!

Due to Increased Regulations, Millions of Americans Abroad Forced to Reconsider U.S. Citizenship | The Weekly Standard
dirtsurfer
I posted this because transactions made in Mexico by Americans can have serious tax consequences in the U.S.
azfish
I just want my social security check when I turn 65.
JoseAz
Good luck on that one! You may get copies of the IOU's they have written to the fund over the years.......
jerry
we will all be just fine...floating in NG,wind,solar and we print the majority of the rest of the worlds currency....buy gold and live in a cave if you must but the future is really bright in the new world!
cholla
jerry said:
we will all be just fine...floating in NG,wind,solar and we print the majority of the rest of the worlds currency....buy gold and live in a cave if you must but the future is really bright in the new world!


Oh, ok, if you say its alright, it must be.
Don't pay any attention to Greece and Spain and Portugal or France or... wait a minute, maybe I should think for myself and not listen to the resident commie.
jerry
Feeling positive about the future of our countries is now a bad thing?
jerry
For those of you that are diligently filing a Form 3520 and/or 3520A with the IRS for your Mexican Land Trust (MLT) there was some good news from the Internal Revenue Service today. Revenue Ruling 2013-14 was issued as of June 24, 2013 and states that MLT are not trusts within the meaning of code section 301.7701-1 through 301.7701-4. Although many of us have never filed this form it is now official that there is no need to file foreign trust returns for MLT.
Kenny
jerry said:
Feeling positive about the future of our countries is now a bad thing?

More than a few on here seem to be most comfortable living in fear and I must say, it fit's some of them very well.
jerry
Top real fears in Mexico

  1. Stepping on a Ray
  2. getting sick from street food
  3. getting the clap on or near Calle 13
  4. getting the old 350 gram "kilo" of shrimp
  5. Hitting a berm of wind blown sand on the Coastal Highway at night
  6. getting loud neighbors in the old Pigeon coop Craigs List rental unit....sleep....over rated anyways
  7. Not getting your project finished.......hold money back..way back
  8. Finding out that "bullet proof" ejido land title is not so bubulletproof
  9. potholes
  10. Becoming a alcoholic that worries about the Bilderburgers and other crank stuff rather than going to the ball game,having a little fish or going for a swim
Stuart
Kenny said:
More than a few on here seem to be most comfortable living in fear and I must say, it fit's some of them very well.


I don't live in fear, but I am concerned that our future as a country might look more like Detroit than the Emerald City in the Wizard of Oz.
Roberto
I used to dream about being able to go back in the past to about oh, 1800 or so in the US with my flintlock and wander the land. Then I though about stuff like, diseases that were rampant, medical care that was absent and not to mention no hot showers! Some things appear to deteriorate over time, but if you think about it other aspects of daily living become better. Our reference point for change seems to be somewhere about 20 some years old and we reference change from that point on. By the time we are in our 70's lots of stuff has changed and adjusting to that change might be difficult. I do not miss the simplicity of operator assisted phone calls but I do miss some of the simpler things.
jerry
Roberto said:
I used to dream about being able to go back in the past to about oh, 1800 or so in the US with my flintlock and wander the land. Then I though about stuff like, diseases that were rampant, medical care that was absent and not to mention no hot showers! Some things appear to deteriorate over time, but if you think about it other aspects of daily living become better. Our reference point for change seems to be somewhere about 20 some years old and we reference change from that point on. By the time we are in our 70's lots of stuff has changed and adjusting to that change might be difficult. I do not miss the simplicity of operator assisted phone calls but I do miss some of the simpler things.

In the early 60s geezer dream world
  • coffee sucked
  • 3 tv channels
  • cars lasted 60000 miles
  • no OSHA,no safety equipment
  • women were basically slaves
  • ignorance of how good and how bad things were in the rest of the world ran rampant
  • The head of the FBI was blackmail by the mob for wearing a dress in a photo they held..now who cares
  • etc...
Kenny
Stuart said:
I don't live in fear, but I am concerned that our future as a country might look more like Detroit than the Emerald City in the Wizard of Oz.

I'm not afraid, I'm mad!... I know un-American unpatriotic activities when I see it.....(some political link was here, removed, I don't want to move this thread to rants)
Southbeacher
Kenny said:
I'm not afraid, I'm mad!... I know un-American unpatriotic activities when I see it.....(some political link was here, removed, I don't want to move this thread to rants)

With respect, to that I would only add: If it looks like a duck, swims like a duck,and quacks like a duck, it could be a duck . . . unless the image has been processed, manipulated and projected in 3D while being purported by media to be a duck.
Stuart
Kenny said:
I'm not afraid, I'm mad!... I know un-American unpatriotic activities when I see it.....(some political link was here, removed, I don't want to move this thread to rants)


My comment was in no way political -- it was simply based on the fact that, as a country, we owe one huge pile of heaping wampum. We don't elect people (either party) that seem to want to do anything about it except add to it. And most Americans seem perfectly content with that. Detroit is just an example of what happens when the cookie jar is completely empty, but the bills still need to be paid. How long until America's cookie jar is empty? Never? 5 years? 10 years? 30 years? I dunno. But until we (as Americans) are willing to address the problem and elect people (again, either party) that will actually do something and make the hard choices to fix it, guess what? We WILL run out of cookies!
azfish
The only thing good I can say about the big D is you can buy a house for almost nothing.
PintoPoint
azfish said:
The only thing good I can say about the big D is you can buy a house for almost nothing.


And that's exactly what it will be worth. People are burning there houses there to collect on the insurance because they can't sell them. The US is becomming a house of cards and when it falls alot of people are going to be devistated.

Rick
Cholla Bay
Southbeacher
Stuart said:
My comment was in no way political -- it was simply based on the fact that, as a country, we owe one huge pile of heaping wampum. We don't elect people (either party) that seem to want to do anything about it except add to it. And most Americans seem perfectly content with that. Detroit is just an example of what happens when the cookie jar is completely empty, but the bills still need to be paid. How long until America's cookie jar is empty? Never? 5 years? 10 years? 30 years? I dunno. But until we (as Americans) are willing to address the problem and elect people (again, either party) that will actually do something and make the hard choices to fix it, guess what? We WILL run out of cookies!

Agree, Stuart. Conditions and events that would have in the past been considered intolerable, and subject to drastic, urgent, mass intervention now seem to merely distract us from our texting for a moment.
Roberto
This is sounding like a 'woe is me' of a bunch of old farts. There is nothing new about communities failing. True the failure of larger ones is more rare and striking but I really do not think this is a 'modern' problem related to politics. The world is littered with communities that were once thriving economic powerhouses. Ghost towns of the west and rural communities throughout the east are abundant. I drove through the Arizona town of Clifton a few weeks ago. The old town was build on mining and the area still has the largest leaching copper mine in the world still in operation. The old downtown was fun to walk through and mostly abandoned. Throughout the east, Pa. and NY you will come to an intersection of a couple of country roads and view a couple of old store fronts and a few run down homes still standing and people living there still. I always wondered why they built there in the first place. Advances in communication and transportation killed off a lot of the small communities. The acceptable drive for groceries in a horse and wagon was far less that the drive in a modern pickup truck. I think the fact is that communnities grow for a reason and when they have outlived their usefulness they die. Europe is also littered with abandoned cities, as is Mexico and Central America. Now they are called archaeology sites !!
Kenny
Stuart said:
My comment was in no way political -- it was simply based on the fact that, as a country, we owe one huge pile of heaping wampum. We don't elect people (either party) that seem to want to do anything about it except add to it. And most Americans seem perfectly content with that. Detroit is just an example of what happens when the cookie jar is completely empty, but the bills still need to be paid. How long until America's cookie jar is empty? Never? 5 years? 10 years? 30 years? I dunno. But until we (as Americans) are willing to address the problem and elect people (again, either party) that will actually do something and make the hard choices to fix it, guess what? We WILL run out of cookies!

All this while one of the party's priorities is building 700 more miles of fence and doubling the number of guards on the border before they will even consider a immigration policy; the other is abortion. Do you really want to know what happened to the Motor city? read this!Detroit Reporters Criticize Right-Wing Media's Anti-Obama Bankruptcy Coverage | Blog | Media Matters for America
Kenny
Roberto said:
This is sounding like a 'woe is me' of a bunch of old farts. There is nothing new about communities failing. True the failure of larger ones is more rare and striking but I really do not think this is a 'modern' problem related to politics. The world is littered with communities that were once thriving economic powerhouses. Ghost towns of the west and rural communities throughout the east are abundant. I drove through the Arizona town of Clifton a few weeks ago. The old town was build on mining and the area still has the largest leaching copper mine in the world still in operation. The old downtown was fun to walk through and mostly abandoned. Throughout the east, Pa. and NY you will come to an intersection of a couple of country roads and view a couple of old store fronts and a few run down homes still standing and people living there still. I always wondered why they built there in the first place. Advances in communication and transportation killed off a lot of the small communities. The acceptable drive for groceries in a horse and wagon was far less that the drive in a modern pickup truck. I think the fact is that communnities grow for a reason and when they have outlived their usefulness they die. Europe is also littered with abandoned cities, as is Mexico and Central America. Now they are called archaeology sites !!

All you have to do is follow old route 66 through a few states to see what a devastating effect the interstate had on 100's of thriving communities.
Stuart
Kenny said:
All this while one of the party's priorities is building 700 more miles of fence and doubling the number of guards on the border before they will even consider a immigration policy; the other is abortion. Do you really want to know what happened to the Motor city? read this!Detroit Reporters Criticize Right-Wing Media's Anti-Obama Bankruptcy Coverage | Blog | Media Matters for America


Can't do it, can you Kenny? You can't hold a discussion without a liberal vs. right wing slant? Leave the politics out of it. What happened in Detroit is due to:
A) Loss of manufacturing (auto industry now all but gone)
B) Mass exodus of the tax paying population due to rampant crime, unemployment and a failing economy (aka "white flight," as commonly described). Do you know what the average response time is if you call the police in Detroit? 58 minutes. Do you know what the nationwide average is? 11-12 minutes.
C) Rampant corruption amongst elected officials.
D) Overly generous union contracts/retirement/benefits. What's ironic is that the union folks will now be on the bottom of the totem pole in the bankruptcy settlement. Those folks are screwed, no other way to put it.

These are the basic facts, no matter what the left/right said or did. THIS is what killed Detroit. By the same token, it's what can kill America, too, unless we stop shipping all of our manufacturing across the globe, take a long hard look at revising our tax code, balancing the budget, paying down our debt, stop playing "world police," and stop electing our leaders based on a particular social agenda, instead of ones that will do what needs to be done to fix America (be that left/right or somewhere in the middle).
Roberto
Kenny said:
All you have to do is follow old route 66 through a few states to see what a devastating effect the interstate had on 100's of thriving communities.


That's kind of the point I think. While it destroyed many communities and businesses the interstate has had a positive effect on other communities and businesses. Good and bad are always related.
Kenny
Stuart said:
Can't do it, can you Kenny? You can't hold a discussion without a liberal vs. right wing slant? Leave the politics out of it.
Ha, it's telling that when the Hooch and others bad mouths the president with racist crap and other political junk you don't seem to notice or mind Stuart. What, you think that's not noticed or reflects on the moderators bias and politics?

Take a vacation, Kenny. Enjoy! We've had this discussion before. And as soon as I see Hooch's or anybody else's political crap, it gets edited or deleted, too. Buh-bye!