Author Topic: tax strategies  (Read 14023 times)

ERICOPOLY

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tax strategies
« on: April 10, 2013, 01:17:03 PM »
Obama just threw out this softball which will probably make me richer over time even though he's fiddeling with my IRA:

Obama proposes cutting the top U.S. corporate tax rate to 28 percent from 35 percent, now the highest in the industrialized world.


http://www.cnbc.com/id/100630036

Makes holding companies like Berkshire, MKL, etc... a hell of a lot more valuable to the individual investor.

I believe my tax rate on selling the BAC warrants (short term cap gain) is well north of 50%.  I'm serious!  It's totally crazy. 

Sanjeev needs to start a holding company along the lines of LUK.  Sign me up.  I can't invest in partnerships -- too much tax.

« Last Edit: April 10, 2013, 01:19:08 PM by ERICOPOLY »


hyten1

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Re: tax strategies
« Reply #1 on: April 10, 2013, 01:34:28 PM »
i like to learn about this holding company as well

taxes has always been a headache

premfan

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Re: tax strategies
« Reply #2 on: April 10, 2013, 02:25:49 PM »
Obama just threw out this softball which will probably make me richer over time even though he's fiddeling with my IRA:

Obama proposes cutting the top U.S. corporate tax rate to 28 percent from 35 percent, now the highest in the industrialized world.


http://www.cnbc.com/id/100630036

Makes holding companies like Berkshire, MKL, etc... a hell of a lot more valuable to the individual investor.

I believe my tax rate on selling the BAC warrants (short term cap gain) is well north of 50%.  I'm serious!  It's totally crazy. 

Sanjeev needs to start a holding company along the lines of LUK.  Sign me up.  I can't invest in partnerships -- too much tax.



Sign me up too.

racemize

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Re: tax strategies
« Reply #3 on: April 10, 2013, 03:08:50 PM »
corner of berkshire holding co!

valueInv

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Re: tax strategies
« Reply #4 on: April 10, 2013, 03:38:40 PM »
One word - bitcoins.

mikazo

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Re: tax strategies
« Reply #5 on: April 10, 2013, 05:22:21 PM »
corner of berkshire holding co!

It would be interesting to do this on the message board, each person with a different role, and run it like an actual holding company, etc., even if it were just for fun.

ericd1

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Re: tax strategies
« Reply #6 on: April 10, 2013, 05:50:27 PM »
How about buying an old worthless textile company and then an insurance co?   Ok skip the textile co.

 Count me in!

giofranchi

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Re: tax strategies
« Reply #7 on: April 21, 2013, 02:02:25 AM »
Obama just threw out this softball which will probably make me richer over time even though he's fiddeling with my IRA:

Obama proposes cutting the top U.S. corporate tax rate to 28 percent from 35 percent, now the highest in the industrialized world.


http://www.cnbc.com/id/100630036

Makes holding companies like Berkshire, MKL, etc... a hell of a lot more valuable to the individual investor.

I believe my tax rate on selling the BAC warrants (short term cap gain) is well north of 50%.  I'm serious!  It's totally crazy. 

Sanjeev needs to start a holding company along the lines of LUK.  Sign me up.  I can't invest in partnerships -- too much tax.



Sign me up too.

+1

That would be really great!

giofranchi
Portfolio: AAPL, AMZN, BABA, BOSS, BRK.B, FB, FFH, FIH.U, FINX, FWONA, GOOG, IBB, JPM, LBRDA, MKL, NKE, QQQ, SFTBF, SMH, TCEHY, V, XBI, XT

beerbaron

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Re: tax strategies
« Reply #8 on: April 25, 2013, 10:05:15 AM »
I'd put some money into a something similar to LUK managed by Parsad as well... even if it trades in the pink sheets.

BeerBaron


biaggio

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Re: tax strategies
« Reply #9 on: April 25, 2013, 03:52:59 PM »
I'd put some money into a something similar to LUK managed by Parsad as well... even if it trades in the pink sheets.

BeerBaron

+ have eric invest a portion (say 20%) in some option strategy in some really deep value company or 2 max