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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: The Ox who wrote (13584)	2/9/2013 7:39:57 PM
From: John Pitera	1 Recommendation Respond to of 33421

HI OX, Its way to easy for a smart individual to put money in a foundation or start a church... so it's impossible to absolutely level the playing field. The world is full of asymetrical information and energy flows, tough to get deny that. So if Buffet, Rockerfeller, Rothschild, King solomon puts money into a foundation..... you have to disburse some money each year.... but you can control how and to whom you make your endowments to.... including to other entities that you also have an interest in.. (control) John

To: The Ox who wrote (13584)	2/9/2013 11:45:54 PM
From: John Pitera	1 Recommendation Read Replies (1) \| Respond to of 33421

can the jeanie be put back in the bottle

To: The Ox who wrote (13584)	2/10/2013 1:12:14 AM
From: Hawkmoon	4 Recommendations Read Replies (1) \| Respond to of 33421

Make it simple, money in your pocket, whether from gains, salary or any other source should be subject to the tax, with a modest exception made for gifts. My beef is that capital investments are made with money that has ALREADY been taxed previously (either as wages, or interest income).. So it's taxing savings.. That said, I also have a beef with multi-billionaires who have such economic power that can have undue influence upon government policy making.. (buying influence).. We have a dramatic problem when 99% of the nation's wealth is in the hands of 1% of it's citizens. This is just economically unsustainable.. Hawk