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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 379.87+0.4%Nov 11 4:00 PM EST

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To: gg cox who wrote (25169)11/14/2007 4:34:51 AM
From: Maurice Winn  Read Replies (2) of 217711
 
GG, Tarken-san has already fled NZ once to Japan and will undoubtedly do so again [fleeing economically if not physically = send investments offshore but maybe himself too].

Earnings $100,000

First cut of tax 39c of each dollar
Goods and Services Tax 12.5 cents of each dollar
Petrol duties, taxes, imposts, levies and fees, half the price
Booze and smokes well over half the price
Rates [local body taxes] = 3c per dollar
Water rates [local body monopoly charges] = 1c per dollar
Rates [another local body - Auckland Regional Council] = 1c per dollar
Electricity monopoly = 1c per dollar
Building permits, fees, charges, levies and hassling = 1c per dollar
Airport fees
Parking taxes
"Speeding" taxes
Passport purchase taxes
Warrant of Fitness tax [charge for having a car]
Registration of car [charge for having a car]
Laws stopping people having cheaper cars [charge for having a car]
Filling in forms taxes [time is money]
Tax compliance taxes [impossibly complex taxes = hire accountants] 2c on dollar
etc...

80% of money goes to government
Major hassle in life is government [tonight it was their stupid helicopter keeping children awake for an hour, crying, "saving us from terrorists - I need saving from the government, not terrorists, who worry me not in the slightest].

Mqurice
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