Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Old 10-12-2021, 02:05 PM   #61
Thinks s/he gets paid by the post
 
Join Date: Mar 2015
Location: the prairies
Posts: 3,618
Quote:
Originally Posted by marko View Post
Last week's 'bombshell' revelation was that Mr. Putin has put up his ex-girlfriend in a $4MM condo in Monaco. And........? I doubt he's losing sleep on that one.
What should be the real bombshells are the career politicians with $20 and $50 million (and higher) net worths instead of what some despot across the ocean does. It's no surprise Putin is rich, that's not even newsworthy.
Music Lover is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 10-12-2021, 03:26 PM   #62
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
kcowan's Avatar
 
Join Date: Jul 2006
Location: Pacific latitude 20/49
Posts: 7,491
Send a message via Skype™ to kcowan
The problem is we can't name them on this forum.
__________________
For the fun of it...Keith
kcowan is offline   Reply With Quote
Old 10-12-2021, 04:23 PM   #63
Thinks s/he gets paid by the post
 
Join Date: Mar 2015
Location: the prairies
Posts: 3,618
Quote:
Originally Posted by kcowan View Post
The problem is we can't name them on this forum.
We can't. But the media could (and should) name them. But they choose not to...and that's not by accident.
Music Lover is offline   Reply With Quote
The Pandora Papers: It will be a bad week for international tax cheats
Old 10-12-2021, 05:36 PM   #64
Thinks s/he gets paid by the post
Markola's Avatar
 
Join Date: Nov 2013
Location: Twin Cities
Posts: 2,651
The Pandora Papers: It will be a bad week for international tax cheats

I guess I have less of an issue with that, as long as the earnings were legal. Speakers fees and corporate board stock options add up for a retired president, who might know zippo about business but are valuable to a company, because they can literally get anyone on the planet to return their call. It’s those who hide it from the countries they led that bother me. David Cameron was one.
Markola is offline   Reply With Quote
Old 10-12-2021, 09:22 PM   #65
Thinks s/he gets paid by the post
Out-to-Lunch's Avatar
 
Join Date: Jan 2020
Location: Milwaukee
Posts: 1,482
Quote:
Originally Posted by Music Lover View Post
What should be the real bombshells are the career politicians with $20 and $50 million (and higher) net worths instead of what some despot across the ocean does. It's no surprise Putin is rich, that's not even newsworthy.
Quote:
Originally Posted by kcowan View Post
The problem is we can't name them on this forum.
Quote:
Originally Posted by Music Lover View Post
We can't. But the media could (and should) name them. But they choose not to...and that's not by accident.
Wait, so what is this supposed to tell me? That you three have read through the Pandora Papers, and have identified multiple politicians (US?) with high net worth that have been implicated, but these names are not being publicized in the mainstream media? Is that what you are saying?
__________________
The closing years of life are like the end of a masquerade party, when the masks are dropped. -Arthur Schopenhauer, philosopher (1788-1860)
Out-to-Lunch is offline   Reply With Quote
Old 10-13-2021, 01:09 AM   #66
Recycles dryer sheets
 
Join Date: Aug 2019
Location: Anytown
Posts: 190
Interesting that after the announcement that this would be a bombshell week...nothing.
SecondAttempt is offline   Reply With Quote
Old 10-13-2021, 04:58 AM   #67
Recycles dryer sheets
 
Join Date: Jul 2016
Location: gypsy traveller
Posts: 377
Quote:
Originally Posted by Scrapr View Post
That reminds me. Isn't South Dakota the state RV'rs like to register residency to avoid sales tax on the purchase of $$$ RV's? Trickle down tax avoidance?
Incorrect. SD has a sales tax of 4%, including vehicles.
HarveyS is offline   Reply With Quote
Old 10-13-2021, 05:05 AM   #68
Recycles dryer sheets
 
Join Date: Jul 2016
Location: gypsy traveller
Posts: 377
Quote:
Originally Posted by jollystomper View Post
Isn't South Dakota also one of the easiest states to establish legal residency in, and (in theory) avoid taxes in the state one actually lives in? Hmmmm...
Part one (residency), correct.
Part two, (avoid tax where you actually live), incorrect. States are very aggressive about tracking those taxpayers who change residency. You are guilty until proven innocent during a residency audit if you leave some states. See for example ]https://www.marketwatch.com/story/if-youre-moving-to-a-state-with-lower-taxes-move-carefully-2019-09-27[/URL]
HarveyS is offline   Reply With Quote
Old 10-13-2021, 07:02 AM   #69
Thinks s/he gets paid by the post
 
Join Date: Mar 2015
Location: the prairies
Posts: 3,618
Quote:
Originally Posted by Out-to-Lunch View Post
Wait, so what is this supposed to tell me? That you three have read through the Pandora Papers, and have identified multiple politicians (US?) with high net worth that have been implicated, but these names are not being publicized in the mainstream media? Is that what you are saying?
I don't know if any are in the Pandora Papers. I do know that the media has never been interested in how they acquired so much wealth. But yet they determine that Putin putting his girlfriend in an expensive apartment is more newsworthy? Lol.
Music Lover is offline   Reply With Quote
The Pandora Papers: It will be a bad week for international tax cheats
Old 10-13-2021, 07:30 AM   #70
Thinks s/he gets paid by the post
Markola's Avatar
 
Join Date: Nov 2013
Location: Twin Cities
Posts: 2,651
The Pandora Papers: It will be a bad week for international tax cheats

Quote:
Originally Posted by SecondAttempt View Post
Interesting that after the announcement that this would be a bombshell week...nothing.


You are uninformed. Ask the King of Jordan, the presidents of Kenya, Ecuador and Chile. And there is new US legislation being introduced. https://thehill.com/policy/finance/5...leaders-secret

The Czech prime minister was caught just before an election, causing his party his party to lose elections they’d seemed certain to win. https://www.archyde.com/pandora-pape...nski-politics/

The Chilean President is facing impeachment. https://news.yahoo.com/chiles-pinera...125939305.html

Fallout is happening publicly and quietly all over the world, both from wrongdoing and the perception of wrongdoing. This smelly, complex stuff takes years to unravel and prosecute, so this evidence will be added to the dozens of other previous leaks, and new ones for authorities to sort out. These repeated, frequent data leaks are the only check that voters, journalists and tax authorities have on audit-proof tycoons and outright kleptocrats, so maybe they will start to think twice before going offshore, or at least sleep uneasily if they have.
Markola is offline   Reply With Quote
Old 10-13-2021, 02:58 PM   #71
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Koolau's Avatar
 
Join Date: Jul 2008
Location: Leeward Oahu
Posts: 7,124
Quote:
Originally Posted by SecondAttempt View Post
Interesting that after the announcement that this would be a bombshell week...nothing.
Can't comment on the current use of the term "bombshell" but it certainly has been overused in the past few years. In most of those cases, it truly was...nothing. YMMV
__________________
Ko'olau's Law -

Anything which can be used can be misused. Anything which can be misused will be.
Koolau is offline   Reply With Quote
Old 10-13-2021, 09:30 PM   #72
Thinks s/he gets paid by the post
USGrant1962's Avatar
 
Join Date: Dec 2016
Location: DC area
Posts: 1,856
Quote:
Originally Posted by Koolau View Post
Can't comment on the current use of the term "bombshell" but it certainly has been overused in the past few years. In most of those cases, it truly was...nothing. YMMV
+1

The term has become meaningless. Or rather, it usually means someone hopes a report that aligns with their politics creates discomfort in the other side.
__________________
FI and Semi-ER March 24, 2017
Consulting to stay engaged

"All models are wrong, some are useful." - George Box
There is always a well-known solution to every human problem: neat, plausible, and wrong.” - H.L. Mencken
USGrant1962 is offline   Reply With Quote
Old 10-13-2021, 10:23 PM   #73
Thinks s/he gets paid by the post
Out-to-Lunch's Avatar
 
Join Date: Jan 2020
Location: Milwaukee
Posts: 1,482
Quote:
Originally Posted by Music Lover View Post
I don't know if any are in the Pandora Papers. I do know that the media has never been interested in how they acquired so much wealth. But yet they determine that Putin putting his girlfriend in an expensive apartment is more newsworthy? Lol.
I apologize: I had the impression that your initial comments referred to the Pandora Papers in particular. I didn't realize that your target was simply politicians who are rich.
__________________
The closing years of life are like the end of a masquerade party, when the masks are dropped. -Arthur Schopenhauer, philosopher (1788-1860)
Out-to-Lunch is offline   Reply With Quote
Old 10-14-2021, 03:03 AM   #74
Thinks s/he gets paid by the post
 
Join Date: Sep 2014
Location: The Great Wide Open
Posts: 2,887
Quote:
Originally Posted by USGrant1962 View Post
+1

The term has become meaningless. Or rather, it usually means someone hopes a report that aligns with their politics creates discomfort in the other side.
+1
__________________
Give me Liberty or give me Death. Patrick Henry
Winemaker is offline   Reply With Quote
Old 10-14-2021, 06:08 AM   #75
Recycles dryer sheets
 
Join Date: Jan 2021
Location: lincoln
Posts: 135
My brother lives in SD and works in Sioux falls for a small state, rent and housing is high given the low wages that most people make in the state. granted licence fees for vehicles is dirt cheap,but living there has few benefits and winters are very harsh and summers are as well. He is looking to get out and move to Boise ID. He makes just over 100K in computer security/programming. As far as pandora box goes even criminals have to store their $$$$ someplace so SD is as good as any. no one ever really thinks about the place it is so under the radar.
ERObjd is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Seems like everybody cheats donheff FIRE and Money 11 07-15-2011 10:48 PM
Pandora to Shut Down? Gotadimple Other topics 8 10-02-2008 10:51 AM

» Quick Links

 
All times are GMT -6. The time now is 01:57 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2021, vBulletin Solutions, Inc.