/biz/ - Business & Finance

>>27408428
Texas

Taxes in America are already pretty low desu. I'll be pulling 150k pre-tax income this year and paying only 15k in taxes. Most of that is through generic retirement savings deductions (401ks, etc).

>>27408769
I hate this country.

>>27408769
Are you in Puerto Rico? How are you avoiding federal income tax?

>>27408971
Why?

>>27408971
You're free to leave

>>27408769
How faggot? I made $190k pre-tax in 2020 and paid over $50k in taxes. And that's after maxing out my 401k.

>>27409306
I know, I’m working out where to go.

>>27408428
Consider this highly privileged information, worth billions. I heard this many years ago from a Norwegian investment banker on /pol/ so it is a reliable HUMINT source and this must be reliable information, the classified piece of information which i possess and am willing to expose for a fee is that the best tax haven of the future for all purposes is in fact. Oman.

I expect each and everyone of you, who have read this post, to send me at least 10 XMR to this address, this information is certainly worth much more, perhaps even a 1 thousand fold as much. 49XdJw7RtNyM1vt69bMH8ADSwP8GjbSxuL1pPMuSgxJJhYuZvXcTbKPd8z6zuBnLns2r6HCA59jvAcXFG6jk517X1eDc9KA in exchange for this privileged information.

Please do not copy, do not screen cap this post and if you cannot pay my service fee then you have a legal obligation to forget the content of the post, this is a great secret. Thank you.

>>27409346
Jew York?
>>27408428
Dkn't bongs have like 100 islands with little to no taxes?

>>27409275
Because the queen is a descendant of the prophet Muhammad

>>27409613
don't tell me what to do faggot

>>27409638
I live in Georgia. Our income tax rate is not high.

>>27409792
Please can you delete this post, this is copyrighted intellectual property. Thank you.

>>27409821
What even is the damn point of living in the US if not for low taxes? Have i been lied to?

>>27409638
Yes, but they seem to be invite only and I was not invited.

>>27409306
So are you, mahmoud. Better go on your own before the bongs wake up and start skinning you queers alive

>>27410584
The fuck are you on about? I live in the US. Look at what I was replying to.

>>27408428
Oi m8 da queen mom just shat on my knob lad

>>27408428
sell drugs pay for everything in cash and buy a visa giftcard for everything else

>>27409199
>>27409346
If you're a high-net worth individual, it'd be worth your time to really dig into the tax code to see where you can optimize your deductions. If you max out all of your retirement accounts, that's about 30k off your taxable income. An example of some hackery is the mega backdoor Roth (actual name of the strategy). Normally the 401k max is 19k, but technically the IRS allows up to 58k in contributions where everything after 19k is taxable. The trick is to transfer the 39k difference to a Roth IRA before the end of the year, which is not a taxable event. So because you weren't taxed on the contribution, and you weren't taxed on the transfer out of the 401k, you keep the 39k in the IRA without the tax burden, which now bumps your deduction to around 70k for the year.
There are other strategies you can take, especially if you run a business or own property. Talk to an accountant if you can.

i moved to PR personally

>>27410043
Yes and there is no point unless you're a trader. I'm gonna GTFO soon