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01 (NEED TO KNOW) RESTORED REPUBLIC VIA A GCR: UPDATE AS OF MONDAY 6 MAY 2024 (THE UN-REDACTED VERSION)
https://www.rumormillnews.com/cgi-bin/forum.cgi?read=240034 | 4 165 | 26 | Loading... |
02 Warren Buffett on paying taxes:
"If we send a check like we did last year... and if 800 other companies had done the same thing, no other person in the United States would have had to pay a dime in federal taxes."
@WatcherGuru | 390 | 5 | Loading... |
03 https://x.com/RippleXrpie/status/1787076165208879254 👀 | 476 | 8 | Loading... |
04 https://operationdisclosureofficial.com/2024/05/06/restored-republic-via-a-gcr-as-of-may-6-2024/ | 1 433 | 10 | Loading... |
05 Media files | 1 | 0 | Loading... |
06 Media files | 1 | 0 | Loading... |
07 🔴🔴🔴🔴🔴
🚨 With the BRICS alliance further pursuing its de-dollarization efforts, a major crash for the US economy has begun, according to one expert. Indeed, Robert Kiyosaki, the author of the widely acclaimed book Rich Dad, Poor Dad, took to X (formerly Twitter) to share his perspective on the state of the economy.
Kiyosaki told his followers that
👉“the crash has begun,” 👈while further stating that “it will be a bad one.” Thereafter, he provided his user’s tips to cope with the trouble ahead. Moreover, his perspective is one that has been shared by many, as experts worry for the US economy’s immediate future.
watcher.guru/news/brics-maj…
@XRPBrainst0rm
@asekin113
@FoJAk3 | 1 341 | 34 | Loading... |
08 Media files | 1 | 0 | Loading... |
09 Media files | 1 | 0 | Loading... |
10 The Fed says the reason why they haven’t been audited is because there is no clear cut way to do an audit, but they sure have a clear cut way to audit the peasants.🤡🚽🖕
Source:
https://www.stlouisfed.org/about-us/is-the-fed-audited | 1 | 0 | Loading... |
11 https://www.bloomberg.com/news/articles/2024-04-19/vietnam-ready-to-intervene-in-currency-market-central-bank-says | 328 | 4 | Loading... |
12 May 5, 2024
Dr Tom:
RV payouts are starting May 15 in Asia and moving West towards the US, the RV will be here in about the middle of June | 1 | 0 | Loading... |
13 https://www.zerohedge.com/markets/matt-taibbi-uncensored-finance-nothing-more-street-scam | 1 | 0 | Loading... |
14 https://www.zerohedge.com/markets/matt-taibbi-uncensored-finance-nothing-more-street-scam | 1 | 0 | Loading... |
15 https://watcher.guru/news/brics-major-crash-for-us-economy-has-begun-expert-says | 1 | 0 | Loading... |
16 https://watcher.guru/news/brics-20-oil-payments-settled-in-local-currencies-not-us-dollar | 1 | 0 | Loading... |
17 Media files | 1 | 0 | Loading... |
18 Am extremely glad I took that call and while I am restricted on getting into specifics the remainder of this month will be very welcomed bt those of us awaiting good news. Will reopen fo a bit but there are folks not part of this room whom I need to update tonight. Thanks for your indulgence folks, I really appreciate you all. | 4 535 | 105 | Loading... |
19 The call I just took was from Hong Kong, England and NYC, just after 9 AM in China 2:00 AM in UK and 2100 hours in NYC | 1 | 0 | Loading... |
20 Much of what will trigger the release is the economics of most countries around the globe, think the PTB have finally recognied this | 1 | 0 | Loading... |
21 Foreign Currency Exchange Regulations are complete as of yesterday on May 4th, 2024.
© Goldilocks
https://uscode.house.gov/view.xhtml?req=988&f=treesort&fq=true&num=91&hl=true&edition=prelim&granuleId=USC-prelim-title26-section988 | 1 | 0 | Loading... |
22 How Forex Trades Are Taxed
https://www.investopedia.com/articles/forex/09/forex-taxation-basics.asp#:~:text=Is%20Forex%20Tax%20Free%20in,re%20required%20to%20pay%20taxes. | 1 | 0 | Loading... |
23 Media files | 1 | 0 | Loading... |
24 https://www.zerohedge.com/markets/are-we-destroying-economy-purpose | 1 | 0 | Loading... |
25 The Bankster Collusion between The US Treasury, FED and Japan
1. Since fiat currency systems are totally dependent on debt to exist, the global bond markets are the lynchpin to their survival or extinction.
2. Japan’s yen currency is in deep, systemic crisis because of the bond yield (interest rate) spread between JGBs (Japanese government bonds) and US Treasury bonds.
3. Borrowing Yen is very cheap.
So traders borrow yen and then buy US bonds (with the borrowed yen) to earn substantial profits.
This is what a currency Carry Trade is in simple terms.
Governments with weak currencies and cheap bonds hate carry trades.
4. This is why they often blame ‘currency speculators’ for their financial problems (even though the financial mess these governments are in are self-inflicted due to their own stupidity).
And US Treasury bonds are the most important and critical debt/collateral instruments on earth.
5. US Treasuries are the very backbone of the global fiat financial system. More than the dollar is.
6. The U.S. Treasury does not control the interest rate of their bond issuance.
Bonds are sold in Auctions.
Meaning, buyers submit bids on what interest rate they want to receive on the bonds.
If bond buyers believe there’s more risk in the USA financial economy, they demand higher interest (yields) on the bonds they want to buy from the UST.
7. However, if the UST starts buying back their own bonds from the market, they can bid the interest yields lower.
And this is why the UST announced it will begin buybacks of their own bonds.
8. On the other hand, the FED has been actively selling the US Treasury bonds they own. This is called Quantitative Tightening (QT) in FED-speak.
8. Yesterday, the FED announced it will begin slowing down its QT.
Why?
Because when the FED sells its bond holdings into the market, it raises bond yields (interest rates).
So, the UST and the FED are acting in concert to lower US bond yields across the board.
9. This will also reduce the incentive for Japanese Yen carry trades as US bond interest rates (yields) come down.
This is why Japan leadership met with both Janet Yellen (UST) and Jay Powell (FED) last month in Washington DC.
10. Japan is also the single largest holder of US Treasury bonds on the planet. Hmmmm…
It’s all connected.
The USA banksters cannot afford to have Japan look to join BRICS.
☘️☘️☘️
~GCR Updates. | 1 | 0 | Loading... |
26 https://www.nerdwallet.com/article/taxes/inheritance-tax | 1 | 0 | Loading... |
27 👆This is why it's almost detrimental for you to add your foreign currency into your trust, taxes are only subjected on your "gains" if you pull funds (as money) out of that trust to use as "cash"
Not sure if this event will even apply to this article above.... and
how can you tax an inheritance from God? | 1 | 0 | Loading... |
28 What are the tax implications of converting foreign currency held in trust?
When you place foreign currency into a trust, the tax implications depend on the type of trust and how it was set up. If you’re a beneficiary of a non-grantor trust, the trust will be taxed on its income, and you’ll receive a distribution of the trust’s income and principal. In this case, you won’t have to pay taxes on the foreign currency itself, but you will have to pay taxes on the income earned by the trust.
However, if you’re a beneficiary of a grantor trust, the grantor (the person who created the trust) will be taxed on the trust’s income. In this case, you won’t have to pay taxes on the foreign currency, as the grantor will already have paid taxes on it.
It’s also important to note that if you hold foreign currency in an investment portfolio, you may be subject to capital gains taxes on any gains or losses. Losses can be fully deductible from ordinary income, while gains are taxable at ordinary income rates.
Additionally, if you’re a partner in a partnership or a shareholder in an S corporation that invests in foreign currencies, you may be able to pass through the income or loss to your personal tax return. However, you’ll need to make a section 962 election to claim a foreign tax credit for foreign taxes paid by the foreign corporation.
It’s important to consult with a tax professional to understand the specific tax implications of placing foreign currency into a trust, as the rules can be complex and depend on your individual situation. | 1 | 0 | Loading... |
29 "Exchange gain of an individual from the disposition of foreign currency in a personal transaction is not taxable, provided that the gain realized does not exceed $200."
There you have it. So long as you do not profit more than $200 from your foreign currency exchange as an individual you do not have to pay taxes.
If you gain more than $200 on your transaction in a foreign currency exchange, you are expected to pay taxes on an individual level.
Below, you will see new regulations on Corporate gaines and losses of foreign currency exchange that have been proposed and went into effect in February 2024 of this year.
This is not tax advice. It is merely education, as always, with anything said in this room for you to check out later with your CPA.
© Goldilocks
https://www.pwc.com/us/en/services/tax/library/key-issues-under-the-new-proposed-foreign-currency-regulations.html
https://answerconnect.cch.com/federal/arp1209013e2c83dc5ff7SPLIT988e/irc/current/application-to-individuals
https://answerconnect.cch.com/document/arp10305c27d27c571000859b90b11c18cbab044/federal/irc/explanation/does-an-individual-have-to-compute-gains-on-a-foreign-currency-transaction#:~:text=Exchange%20gain%20of%20an%20individual,realized%20does%20not%20exceed%20%24200.
https://rsmus.com/insights/tax-alerts/2024/section-987-proposed-foreign-currency-regulations-may-impact-qbu.html#:~:text=Section%20987%20proposed%20regulations&text=9%2C%202023%2C%20the%20IRS%20and,the%20currency%20of%20their%20owner.
https://answerconnect.cch.com/document/arp28d133b2e67b6d1000b9df001b7840a5b20131/federal/irc/explanation/definition-of-qualified-business-unit#:~:text=A%20QBU%20is%20any%20separate,)%2D1(d)). | 948 | 15 | Loading... |
30 https://youtu.be/CsXyKh8D--E?si=l6RzoD3BlBDseSTN | 1 | 0 | Loading... |
31 Media files | 1 | 0 | Loading... |
32 https://www.youtube.com/live/dMwNqWZZXxw?si=2DjvToeOVLyXQNDv | 1 | 0 | Loading... |
33 Media files | 1 | 0 | Loading... |
34 https://youtu.be/hruS-SDc1-M?si=1IPsVIFZdXuf7Bt1 | 1 | 0 | Loading... |
35 https://www.rt.com/russia/597003-brics-dollar-allternative-currency/ | 4 283 | 22 | Loading... |
36 https://fortune.com/2024/02/29/great-wealth-transfer-80-trillion-women-logevity-feminization-of-wealth/ | 1 | 0 | Loading... |
37 https://u.today/opinions/telegram-is-becoming-a-crypto-based-everything-app-what-will-happen-to-ton | 365 | 2 | Loading... |
38 https://watcher.guru/news/brics-to-create-a-central-bank-to-issue-its-native-currency | 379 | 1 | Loading... |
39 https://www.chiangraitimes.com/business/staff-at-credit-suisse-china-securitie/ | 1 | 0 | Loading... |
40 https://metro.co.uk/2024/05/04/major-banking-app-crashes-leaving-thousands-unable-access-accounts-20774756/?ITO=msn | 1 | 0 | Loading... |
Repost from Breakfast with Tiffany
(NEED TO KNOW) RESTORED REPUBLIC VIA A GCR: UPDATE AS OF MONDAY 6 MAY 2024 (THE UN-REDACTED VERSION)
https://www.rumormillnews.com/cgi-bin/forum.cgi?read=240034
(NEED TO KNOW) RESTORED REPUBLIC VIA A GCR: UPDATE AS OF MONDAY 6 MAY 2024 (THE UN-REDACTED VERSION)
Alternative News and Views, Reported by Agents Around the World, 24 hours a day
Repost from Watcher Guru
01:11
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Warren Buffett on paying taxes:
"If we send a check like we did last year... and if 800 other companies had done the same thing, no other person in the United States would have had to pay a dime in federal taxes."
@WatcherGuru
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Restored Republic via a GCR as of May 6, 2024
Many countries are starting to link payment systems. Russia and China have almost stopped using the dollar in their mutual trade. Monetary evolution? Yes.
Repost from Tironianae 🍊 🍊 Z. - Ultra Verbum Vincet
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🔴🔴🔴🔴🔴
🚨 With the BRICS alliance further pursuing its de-dollarization efforts, a major crash for the US economy has begun, according to one expert. Indeed, Robert Kiyosaki, the author of the widely acclaimed book Rich Dad, Poor Dad, took to X (formerly Twitter) to share his perspective on the state of the economy.
Kiyosaki told his followers that
👉“the crash has begun,” 👈while further stating that “it will be a bad one.” Thereafter, he provided his user’s tips to cope with the trouble ahead. Moreover, his perspective is one that has been shared by many, as experts worry for the US economy’s immediate future.
watcher.guru/news/brics-maj…
@XRPBrainst0rm
@asekin113
@FoJAk3
Repost from bullion, bitcoin & bullsh*t w/ GMONEY
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The Fed says the reason why they haven’t been audited is because there is no clear cut way to do an audit, but they sure have a clear cut way to audit the peasants.🤡🚽🖕
Source:
https://www.stlouisfed.org/about-us/is-the-fed-audited