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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: J_F_Shepard who wrote (581058)	8/14/2010 10:07:00 PM
From: longnshort	Read Replies (2) \| Respond to of 1576891

If it's a tax loophole why doesn't pelosi ,reid and obama close it? or are their buddies making money ?

To: J_F_Shepard who wrote (581058)	8/14/2010 10:13:17 PM
From: Brumar89	Respond to of 1576891

I guess the Democrats want to keep that loophole open for their buddies on Wall St. ------------------------------------------------ And you can't speak from experience because you're a small fry...and don't realize what the big guys can get away with, but you will pretend you belong to their club.... LOL - What makes you think I pretend anything of the sort. Frankly, though if I were a billionaire I wouldn't be trading options or investing in hedge funds. ------------------------------------------------- And yes, they are supposed to report their trades (profits) but there is no requirement in place, ie 1099 to verify. Perhaps not, but what difference does it make? Whether its on a 1099 or not, failure to report is running such a massive risk only an idiot like you would think its a good idea to go for it. ------------------------------------------------ Shep, you need to stop the pretense, you're a small fish in a big pond who is delusional....you have nothing to bring to the table in this discussion.