Replies to post #56859 on American Green Group, Inc. (AMNE)

[razzle]

OK OK now PCLI, I was not implying I did NOT want to make profits. I am just concerned with tracking my tax obligation. So pulling out your initial investment still gets TAXED, unless you sell it/pull it out at the same price or lower...that is all....GEEZ

PROFITS FOR ALL!!

My Dad once said "The day you pay a million in taxes, is the day you'll be a millionaire."


GLTA
RAZ

[Darth Trader]

Me neither. Mine get blended into the overall picture and I do fine (plus my company pays taxes on all my salary and benefits since I work overseas-and since they also pay the Kazakhstan and Russian Taxes-I dont get double taxed-works out great for me).

What I'm finding also, especially in the Oil & Gas Sector, companies are offering lower salaries, but making them "NET" and this cuts costs for the company (using tax equalization as an example). I've been told, this can be done with any employer and works out great. So as I look for work in the US, its on top of my negotiation for a package deal.

At any rate, big days ahead next couple days...waiting to see what PR's come out...I think this legal issue will wash and the SH's will be ok. TO be quite honest, if the price dips again (last time I was asleep), I'm loaded for a big buy.

Cheers from Kazakhstan