Tab Content
  • kona's Avatar
    08-06-2018, 09:47 PM
    1026563145463201794 1026482261120569344 Unreal. And disgusting.
    118 replies | 182 view(s)
  • kona's Avatar
    08-06-2018, 09:07 PM
    1026563145463201794 https://twitter.com/ThomasEWoods/status/1026563145463201794 Unreal. And disgusting.
    118 replies | 2883 view(s)
  • kona's Avatar
    08-06-2018, 07:12 PM
    To clarify: Gold purchases via cc/wire/Bitcoin of any amount will not produce a form 8300 by a dealer, i.e. they will not report it since there is already a record from your bank/cc. In terms of selling, the coins I mentioned will NOT generate a 1099-B. Brokers do not report them because the government never instructed them to. So in reality, they ARE exempt from reporting. That doesn't mean they aren't taxable, it just shifts the burden of reporting to the taxpayer.
    7 replies | 211 view(s)
  • kona's Avatar
    08-05-2018, 11:40 PM
    If I understand correctly, bullion invented after the IRS created their "reportable items list" in the 1980s are exempt from income taxes. So certain gold/silver coins such as eagles/buffalos/philharmonics/etc. can be sold for a gain without requiring any capital gains tax, since these bullion were not in existence at the time the list was created. Furthermore, there is no quantity trigger...it is of no relevance whether you sell one coin or ten thousand coins. So theoretically, assuming one lives in a legal tender state like Utah/Wyoming, these are tax-free investments. But what if one runs a business that only accepts payment in these exempt coins, instead of federal reserve notes? Let's say I start a car wash that clears a million dollars annually after expenses. If I was paid in dollars, I would owe the IRS a ton of money as usual. But if all my customers paid with exempt coins, would I owe any income tax at all? What I'm getting at here is not whether the exempt coins are tax-free investments, but if they are also tax-free when treated as money. Another angle I thought of, if they are not completely tax-free, is that they are taxed at face value. So for example, if my business earns 500 one-ounce gold eagles for the year, and assuming the price of gold was static at $1200 all year, then I earned $600k. But the face value of those coins are 50 dollars, so if I was taxed at the face value, my taxable income would only be $25k. If any of this is even remotely true, and assuming one's business could survive transacting in gold/silver, then for some people, Utah/Wyoming might be the best tax havens on earth!
    7 replies | 211 view(s)
  • kona's Avatar
    08-02-2018, 04:19 PM
    It was very funny to see the host try and get Ron to smoke weed with him and Ron's reaction!
    13 replies | 1517 view(s)
  • kona's Avatar
    08-01-2018, 07:49 PM
    Wikipedia lists Fred Koch as a founding member. Maybe he was just a really big fundraiser.
    10 replies | 219 view(s)
  • kona's Avatar
    08-01-2018, 06:57 PM
    Can someone explain to me why the sons of the founder of JBS would do such a thing? Didn't Ron applaud them at various times over the years?
    10 replies | 219 view(s)
  • kona's Avatar
    07-31-2018, 02:40 PM
    This is called the roundabout strategy, see Mark Spitznagel. You effectively take small losses to reap a huge gain in the future.
    36 replies | 1339 view(s)
  • kona's Avatar
    07-27-2018, 09:06 AM
    Taleb is worth 10x the admission price alone.
    1 replies | 170 view(s)
  • kona's Avatar
    07-25-2018, 07:13 PM
    Luongo says forget VP, Rand should set his sights on Senate Majority Leader. And that Trump is setting the table for him in 2024. https://www.zerohedge.com/news/2018-07-25/rand-paul-and-new-gop
    13 replies | 589 view(s)
  • kona's Avatar
    07-19-2018, 07:44 PM
    For what it's worth, Napolitano's first choice for SC was Mike Lee (see recent Tom Woods podcast).
    10 replies | 264 view(s)
  • kona's Avatar
    07-19-2018, 03:31 PM
    Was on Tom Woods' podcast yesterday. According to Napolitano, Trump chose Hardiman (relying on his sister) and at the very last minute, the establishment ambushed him and he gave in on Kavanaugh. https://youtu.be/wBQ7Ce2b_QQ A not so insignificant mistake, especially if Lee or Barrett don't join him soon.
    0 replies | 96 view(s)
  • kona's Avatar
    07-19-2018, 12:09 PM
    "It was a pleasure meeting Judge Kavanaugh today. His insight into the current state of the law and the Constitution shows he is just the kind of originalist jurist we need on the Court." https://twitter.com/SenMikeLee/status/1019672133398614017?s=19 What does this say about Mike Lee? Playing the long game?
    10 replies | 264 view(s)
  • kona's Avatar
    07-18-2018, 09:46 PM
    Is anyone here implying that this will somehow get Rand in the WH, either as VP or somewhere else in the cabinet? Roger Stone is an impressive and extremely sharp dude. A fighter's fighter. Called Rand "the future of the Republican party" a few weeks ago.
    17 replies | 499 view(s)
  • kona's Avatar
    07-18-2018, 01:05 PM
    Rand has come into his own. He is on another level right now. This could go down as one of the great moments for liberty if he takes the reigns in 2024. Rand grew his brand big time this past week. He has learned/grown a great deal from working with Trump. I am hopeful that bigger and even better things are on the horizon. Trump just needs to stick to his instincts and continue executing his campaign plans. The biggest benefactor of his success after himself is Rand. The payoff from being the only politician standing with Trump on this will be massive.
    66 replies | 1546 view(s)
  • kona's Avatar
    07-16-2018, 11:44 PM
    Ter, I have similar views on Trump grooming Rand. He will want to pick a successor, nobody can build and continue what Trump has done and continue the trajectory towards liberty like Rand can. We have to do everything possible to help Trump see this. It's encouraging that Roger Stone recently proclaimed Rand "the future of politics...anti-war, pro-gold, civil liberties."
    66 replies | 1546 view(s)
  • kona's Avatar
    07-16-2018, 11:38 PM
    Rand is more valuable in the Senate than VP right? Has a two-term president ever been reelected with a new VP? What could Trump accomplish with Rand as VP that he can't now?
    66 replies | 1546 view(s)
  • kona's Avatar
    07-16-2018, 11:08 PM
    I haven't seen one politician defend Trump for the Putin summit...except for Rand, who went on a full frontal assault in the press these past two days. He is stepping out of whatever shadow is being cast on him by the media, and like his father, staying consistent with his beliefs and telling it like it is. This is not the first time he's put his neck out for Trump, but it's definitely the riskiest, and if Trump is successful, this will elevate Rand like never before. Trump won with the help of libertarians. Can Rand win with the help of Trump fans (in 2024 of course)? Just because Trump is not a libertarian, does not mean he isn't playing a crucial role in helping libertarianism. Also, I had chills watching Ron and Daniel on the Liberty Report today. I think Ron was as happy with Trump as he's ever been. We'll see how things play out, but Ron was right...the things Trump was saying and doing today, let's hope he follows through, because the payoff is enormous.
    66 replies | 1546 view(s)
No More Results
About kona

Basic Information

Profile Sidebar Configuration

Profile Sidebar Configuration

Activist Reputation (Self-Rated):
1
Activist Reputation (Staff Rated):
1

Statistics


Total Posts
Total Posts
36
Posts Per Day
0.21
General Information
Last Activity
Yesterday 03:28 PM
Join Date
02-21-2018
Referrals
0
No results to display...
No results to display...
Page 1 of 2 12 LastLast

08-06-2018


08-01-2018


07-31-2018


07-19-2018


07-18-2018


07-17-2018


07-16-2018


07-10-2018



Page 1 of 2 12 LastLast