Wednesday, July 17, 2024

"RV UPDATE" BY FRANK26, 17 JULY

 Frank26 

 Question: "Is this going to be a capital gain?

A lot of people desperately do not want to pay taxes.  I believe they live in this world they create where taxes never exist.  I'm sorry, if you honestly think you're going to be able to get involved in this and exchange this currency, that's called a capital gains, without having to pay any taxes you're delusional...

Yes you're going to pay taxes, that's why it's important to have a receipt...held for one year you'll probably be in the 20% tax bracket...if you don't have a receipt, you lost it, you'll probably be in the 40%.  Biden just said a couple days ago he wants to increase those taxes over 50%...capital gains

 Is the goal of the CBI for the Iraqi dinar exchange rate to go international?  Is that the goal of the monetary reform

 No.  It's to RI...The goal is not to send it to you internationally so you can make money off of their currency.  The goal of the monetary reform of the Iraqi dinar is to lift the value of the currency by removing at least three zeros from their exchange rate.  In doing so, then their monetary reform will require another reform, which is the denominations...the lower notes.

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