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

To: Tenchusatsu who wrote (1299401)	5/5/2021 1:12:56 PM
From: i-node	1 Recommendation Recommended By Tenchusatsu Read Replies (1) \| Respond to of 1583400

I'm just trying to figure out who these "wealthy people" are who have $7 Trillion dollars in hiding. Of course, billionaire-ism isn't the wealth it once was -- the 500th richest person in the world has $6 Billion, and I almost feel bad for not being in the list it is so common today. I have this mental picture that is made possible by Trump - where a skyscraper full of tax attorneys and CPAs are working together to beat the IRS (so poor it is still running computer code written in assembler language from the 1960s, on hardware it bought in the 1960s in some cases) out of tax dollars. Elon and Amazon spend their days trying to figure out how the hell they can squeeze the IRS for a little more money which, actually, they mostly haven't recognized since they haven't sold their stock. It is just ridiculous -- the same theories NY's Vance is applying to Trump: "We don't have any evidence of cheating but we are going to spend the next ten years finding it and it must be trillions because we are spending trillions!"

To: Tenchusatsu who wrote (1299401)	5/5/2021 1:25:35 PM
From: i-node	1 Recommendation Recommended By Tenchusatsu Read Replies (1) \| Respond to of 1583400

And then there was Willie Nelson -- whose CPAs said, "You've got a major tax problem here, you need a tax shelter". Willie said, "Okay, I don't know nothing about taxes and if you say I need a shelter, let's get one." Not long after, Willie was in bankruptcy, owed the IRS everything he could possibly earn, and all his wealthy friends bought his stuff at the bankruptcy auction and gave it back to him. And he cut a deal with IRS that he would make ONE MORE RECORD if they would accept the proceeds as payment in full. Otherwise, he was through recording and they'd never get it. They took it the deal, he made the record, and told people, "I don't care if you buy it or not. It ain't that good." Willie outsmarted them. He's been producing top selling records ever since.