Message:

<p>[QUOTE=&quot;Irishrunner, post: 1661691, member: 44403&quot;]I think most people (not all, but most) on here aren’t sitting on coin collections worth enough for the IRS to care about. If someone sells the occasional coin for $100, do you think the IRS is going to come knocking down your door if it’s not on your taxes? The estate and gift tax stuff always confused me, mostly, because I have absolutely zero interest in it, and I don’t have anyone “gifting me” nor am I “inheriting” over 6 million dollars anytime soon… The thing that strikes me is, I live in Los Angeles, where I know a lot of people that live off of their parents $, even though they are 30 years old, or women that have rich, (sometimes married) boyfriends who pay for everything - their apartment, car, clothes, boobs, etc. Do you really think that these women are sitting around thinking about paying taxes on their $15,000 handbag that their sugar daddy bought them, or that their sugar daddy gives his CPA a list of all of the “gifts” that he gives to his “girlfriends”? Our country has gotten ridiculous with all of the gift taxes. And I don’t want to turn this into a political debate, though I have lived in Chicago and Los Angeles, so one can easily determine which way I vote if they thought about that, but with the state our country is in, and how it takes the IRS years to figure out that people like the actor Wesley Snipes had back taxes of like 15 million, do people really worry about claiming capital gains or losses on $17.50? This conversation reminds me of an ex-boyfriend I have, and there are many reasons he is an ex, but one was that any time we went to dinner and talked “shop&quot; for a bit (we are both in the entertainment industry), he would save the receipt and make a joke about how he was going to use it as a tax deduction…(he wasn’t kidding either, he was super cheap). It made me envision a future or him wanting to use our future children as tax deductions, and making me schedule C-sections on certain dates to qualify for a certain tax quarter…ugh! lol I tend to be very generous to the people in my life, perhaps more so than I even should be at times, and if I’m lucky enough to have the money to give amazing gifts one day, the last thing I want people to have to worry about is accepting a gift from me and being worried that they can’t afford to pay the taxes on it...[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in