Bad Time To Be Rich

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You still aint getting it If your money isn't here= lower taxes you pay.Otherwise there would be no incentive to put it there. Originally Posted by ekim008

Wrong again!!!
Some offshore banks may operate with a lower cost base and can provide higher interest rates than the legal rate in the home country due to lower overheads and a lack of government intervention. Advocates of offshore banking often characterise government regulation as a form of tax on domestic banks, reducing interest rates on deposits.

http://en.wikipedia.org/wiki/Offshore_bank

You obviously haven't noticed what current Odumbo and Fed policies have done to domestic interest rates on CD and savings account interest rates.

Wrong again!!!
Some offshore banks may operate with a lower cost base and can provide higher interest rates than the legal rate in the home country due to lower overheads and a lack of government intervention. Advocates of offshore banking often characterise government regulation as a form of tax on domestic banks, reducing interest rates on deposits.

http://en.wikipedia.org/wiki/Offshore_bank

You obviously haven't noticed what current Odumbo and Fed policies have done to domestic interest rates on CD and savings account interest rates. Originally Posted by I B Hankering

Oh yah right that is why some corps set up a dummy home office on some other country,or island so they don't have to pay taxes in the USA Just keep on sipping the tea.If there was no benefit the rich wouldn't do it.

Thank you, Mr. Obvious. Do you have a point, other than being jealous that some people are able to take tax breaks you can't?

Oh yah right that is why some corps set up a dummy home office on some other country,or island so they don't have to pay taxes in the USA Just keep on sipping the tea.If there was no benefit the rich wouldn't do it. Originally Posted by ekim008

Some offshore banks may operate with a lower cost base and can provide higher interest rates than the legal rate in the home country due to lower overheads and a lack of government intervention. Advocates of offshore banking often characterise government regulation as a form of tax on domestic banks, reducing interest rates on deposits.

http://en.wikipedia.org/wiki/Offshore_bank



P.S. It is really difficult to avoid using a dictionary full of pejorative adjectives to describe you!

Some offshore banks may operate with a lower cost base and can provide higher interest rates than the legal rate in the home country due to lower overheads and a lack of government intervention. Advocates of offshore banking often characterise government regulation as a form of tax on domestic banks, reducing interest rates on deposits.

http://en.wikipedia.org/wiki/Offshore_bank



P.S. It is really difficult to avoid using a dictionary full of pejorative adjectives to describe you! Originally Posted by I B Hankering

You remain the stupid asshole you have been,do you think the rich have their money in the banks that charge higher interest??? NO You are loosing points with each stupid remark you make. Go back to the basement and watch some porn.you are getting your ass kicked here.

Thank you, Mr. Obvious. Do you have a point, other than being jealous that some people are able to take tax breaks you can't? Originally Posted by CuteOldGuy

Talking to me? Where do you hide your millions?

You remain the stupid asshole you have been,do you think the rich have their money in the banks that charge higher interest??? NO You are loosing points with each stupid remark you make. Go back to the basement and watch some porn.you are getting your ass kicked here. Originally Posted by ekim008

You are the stupid asshole! The bank PAYS the depositor HIGHER INTEREST RATES, you stupid SOB.

You are the stupid asshole! The bank PAYS the depositor HIGHER INTEREST RATES, you stupid SOB.
Originally Posted by I B Hankering

You stupid sob we are talking taxes not interest you are a deflecting joke and I let you run with it.Once a asshole always a asshole......Look in the mirror.

You stupid sob we are talking taxes not interest you are a deflecting joke and I let you run with it.Once a asshole always a asshole......Look in the mirror. Originally Posted by ekim008

You are just an ignorant SOB, Ekim the Inbred. Banks pay interest to depositors. Depositors wanting a yield higher than what's available in the U.S. often look to off-shore accounts. Your ignorant assertion, at post # 20:

. . . do you think the rich have their money in the banks that charge higher interest??? Originally Posted by ekim008

that depositors PAY interest on savings accounts just underscores how truly ignorant you are.

You are just an ignorant SOB, Ekim the Inbred. Banks pay interest to depositors. Depositors wanting a yield higher than what's available in the U.S. often look to off-shore accounts. Your ignorant assertion, at post # 20:



that depositors PAY interest on savings accounts just underscores how truly ignorant you are. Originally Posted by I B Hankering

IB you and others on this board take yourself and my comments way too seriously.
When I made that stupid comment you should have smelled a rat,but you are always so eager to prove how smart you are and resort to downgrade the other person.As I have said before you are a pompous buffoon who doesn't know when someone is fucking with you.go back to the basement.

IB you and others on this board take yourself and my comments way too seriously.
When I made that stupid comment you should have smelled a rat,but you are always so eager to prove how smart you are and resort to downgrade the other person.As I have said before you are a pompous buffoon who doesn't know when someone is fucking with you.go back to the basement. Originally Posted by ekim008

It wasn’t ‘a’ – meaning ‘singular’ – comment. It was a series – meaning ‘plural’ – of comments, Ekim the Inbred. Banks pay interest to depositors. Depositors wanting a yield higher than what's available in the U.S. often look to off-shore accounts. Your persistence otherwise was most marked in your ignorant assertion, at post # 20:

. . . do you think the rich have their money in the banks that charge higher interest??? Originally Posted by ekim008

where you claim depositors PAY interest on savings accounts, and that just underscores how truly ignorant you are. You are not fooling anyone by now claiming you were not serious and not ignorantly wrong, Ekim the Inbred.

I know i wouldn't wanna be rich now.

I know i wouldn't wanna be rich now. Originally Posted by Doove

your rich in personality

It wasn’t ‘a’ – meaning ‘singular’ – comment. It was a series – meaning ‘plural’ – of comments, Ekim the Inbred. Banks pay interest to depositors. Depositors wanting a yield higher than what's available in the U.S. often look to off-shore accounts. Your persistence otherwise was most marked in your ignorant assertion, at post # 20:



where you claim depositors PAY interest on savings accounts, and that just underscores how truly ignorant you are. You are not fooling anyone by now claiming you were not serious and not ignorantly wrong, Ekim the Inbred. Originally Posted by I B Hankering

RLMFAO Still twisting in the wind trying to prove you are right.The typical buffoon

RLMFAO Still twisting in the wind trying to prove you are right.The typical buffoon Originally Posted by ekim008

Banks pay interest to depositors. Depositors wanting a yield higher than what's available in the U.S. often look to off-shore accounts. Your persistence otherwise was most marked in your ignorant assertion, at post # 20:

. . . do you think the rich have their money in the banks that charge higher interest??? Originally Posted by ekim008

where you claim depositors PAY interest on savings accounts, and that just underscores how truly ignorant you are. You are not fooling anyone by now claiming you were not serious and not ignorantly wrong, Ekim the Inbred.