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<p>[QUOTE="Owle, post: 1856876, member: 22004"]On the 28% tax statement, this keeps popping up, and though it is the law, I wonder what percentage of people pay it? I had a customer sold me at least a couple dozen $20 Saints and he wondered about the taxes, and I am sure he did not volunteer the 28%, between turbo tax, loopholes, CPAs who can reduce taxes every conceivable way, the tax rate can be greatly reduced. He bought his MS63-65 Saints directly from Camino/Blumert, and they more than doubled in value. If you made 10X with lots of trigger points for audits and those who report you to the government, that would really be a cause for concern.</p><p><br /></p><p>Every time gold jumps big time, the spikes in premiums in popular type coins get outsized, that would be a good investment option. The good thing with tangibles is you don't have to pay annual taxes on their inventory, you don't have something that will go to zero or will go in half likely like some stocks. If you have time, the market eventually recovers usually.[/QUOTE]</p><p><br /></p>
[QUOTE="Owle, post: 1856876, member: 22004"]On the 28% tax statement, this keeps popping up, and though it is the law, I wonder what percentage of people pay it? I had a customer sold me at least a couple dozen $20 Saints and he wondered about the taxes, and I am sure he did not volunteer the 28%, between turbo tax, loopholes, CPAs who can reduce taxes every conceivable way, the tax rate can be greatly reduced. He bought his MS63-65 Saints directly from Camino/Blumert, and they more than doubled in value. If you made 10X with lots of trigger points for audits and those who report you to the government, that would really be a cause for concern. Every time gold jumps big time, the spikes in premiums in popular type coins get outsized, that would be a good investment option. The good thing with tangibles is you don't have to pay annual taxes on their inventory, you don't have something that will go to zero or will go in half likely like some stocks. If you have time, the market eventually recovers usually.[/QUOTE]
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