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07-21-2012, 11:43 AM
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#16
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Valued Poster
Join Date: Jan 3, 2010
Location: South of Chicago
Posts: 31,214
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Quote:
Originally Posted by ekim008
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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.
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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.
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07-21-2012, 11:52 AM
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#17
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Account Disabled
Join Date: Jan 20, 2011
Location: kansas
Posts: 28,773
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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.
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07-21-2012, 11:56 AM
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#18
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Valued Poster
Join Date: May 20, 2010
Location: Wichita
Posts: 28,730
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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?
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07-21-2012, 11:58 AM
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#19
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Valued Poster
Join Date: Jan 3, 2010
Location: South of Chicago
Posts: 31,214
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Quote:
Originally Posted by ekim008
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.
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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!
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07-21-2012, 12:38 PM
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#20
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Account Disabled
Join Date: Jan 20, 2011
Location: kansas
Posts: 28,773
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Quote:
Originally Posted by I B Hankering
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!
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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.
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07-21-2012, 12:39 PM
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#21
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Account Disabled
Join Date: Jan 20, 2011
Location: kansas
Posts: 28,773
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Quote:
Originally Posted by CuteOldGuy
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?
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Talking to me? Where do you hide your millions?
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07-21-2012, 12:43 PM
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#22
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Valued Poster
Join Date: Jan 3, 2010
Location: South of Chicago
Posts: 31,214
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Quote:
Originally Posted by ekim008
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.
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You are the stupid asshole! The bank PAYS the depositor HIGHER INTEREST RATES, you stupid SOB.
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07-21-2012, 03:40 PM
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#23
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Account Disabled
Join Date: Jan 20, 2011
Location: kansas
Posts: 28,773
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Quote:
Originally Posted by I B Hankering
You are the stupid asshole! The bank PAYS the depositor HIGHER INTEREST RATES, you stupid SOB.
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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.
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07-21-2012, 04:22 PM
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#24
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Valued Poster
Join Date: Jan 3, 2010
Location: South of Chicago
Posts: 31,214
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Quote:
Originally Posted by ekim008
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.
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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:
Quote:
Originally Posted by ekim008
. . . do you think the rich have their money in the banks that charge higher interest???
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that depositors PAY interest on savings accounts just underscores how truly ignorant you are.
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07-21-2012, 05:07 PM
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#25
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Account Disabled
Join Date: Jan 20, 2011
Location: kansas
Posts: 28,773
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Quote:
Originally Posted by I B Hankering
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.
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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.
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07-21-2012, 05:18 PM
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#26
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Valued Poster
Join Date: Jan 3, 2010
Location: South of Chicago
Posts: 31,214
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Quote:
Originally Posted by ekim008
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. ![Clapping](https://cdn-w.eccie.net/images/smilies/modern/clapping.gif)
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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:
Quote:
Originally Posted by ekim008
. . . do you think the rich have their money in the banks that charge higher interest???
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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.
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07-21-2012, 05:24 PM
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#27
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Valued Poster
Join Date: Dec 19, 2009
Location: Buffalo NY
Posts: 7,271
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I know i wouldn't wanna be rich now.
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07-21-2012, 05:41 PM
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#28
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Valued Poster
Join Date: Mar 8, 2011
Location: the alerts section saving Karen
Posts: 18,192
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Quote:
Originally Posted by Doove
I know i wouldn't wanna be rich now. ![Schmoll](https://cdn-w.eccie.net/images/smilies/modern/schmoll.gif)
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your rich in personality
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07-21-2012, 06:06 PM
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#29
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Account Disabled
Join Date: Jan 20, 2011
Location: kansas
Posts: 28,773
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Quote:
Originally Posted by I B Hankering
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.
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RLMFAO Still twisting in the wind trying to prove you are right.The typical buffoon
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07-21-2012, 07:27 PM
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#30
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Valued Poster
Join Date: Jan 3, 2010
Location: South of Chicago
Posts: 31,214
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Quote:
Originally Posted by ekim008
RLMFAO Still twisting in the wind trying to prove you are right.The typical buffoon
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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:
Quote:
Originally Posted by ekim008
. . . do you think the rich have their money in the banks that charge higher interest???
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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.
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Quote
![Like](/images/like.png) | 1 user liked this post
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