Comments by "MtnGrl585" (@mtngrl5859) on "This Country Just Approved Stealing Your Property" video.

  1. SA Rand was worth more than the US Dollar in the 1970;s, this was when the US economy was supreme. Tells you something. I remember growing up being impressed with the SA Krugerrands.
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  2. The ones that can have been leaving in droves, many SA have moved to Panama and Portugal. Also, Uruguay.
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  3.  @GVan1953  During the 1970's the SA Rand was stronger than the US Dollar, which is amazing because back in the 1970;s the US economy was the strongest creditor ( hardly any debt) in the world.
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  4. Then they will fail like they did in Zimbabwe, then the Chinese will come in and get it for a song.
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  5.  @Ace-Of-Spades-01  I know some of the history. One of the challenges is that people don't always know the history of countries they talk about, most Americans don't even know that much about their own history in fact.
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  6. One doesn't wait until a robber is at the door to think about getting a weapon, one is prepared for the event.
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  7. That's the problem, many are being prevented from leaving and if one is a farmer, their wealth is in their land. It would be like telling a farmer in Iowa to leave, if the government was going to confiscate their land and they worked for years on end to provide for their family.
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  8. Sounds like you are on the wrong channel.
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  9.  @mmfogar You sound so ignorant, when the Dutch arrived there were no indigenous people there. Just to let you know, American Indians were not indigenous to the United States either, they came from some place else. However, this doesn't mean that their treatment has been right or just, but a statement of fact.
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  10.  @mmfogar  So, if you are a white south african and your family has been there for hundred of years, they are as African as any other African. It is not a question of color but heritage.
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  11. Back in the 1970's the SA Rand was worth more than the US Dollar. This was at a time when the USA had nearly zero debt, so this is saying something.
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  12. @Deborah Hearne They don't want you to be wealthier. Apart from a few states, most people in the USA who make over 70k/year pay more effectively in taxes than people in other high tax countries. I'm self employed in California, so I pay 17.3% to the state of CA including ss tax. Then if Biden pushes taxes to the 39% range, I'm at 56% and this does not include my local 9% tax for sales tax or the tax on gasoline or taxes on airplane travel. By the time, one factors all these taxes in, we're up to nearly 70%. In Norway, the top figure is 52% and with that they get free medical care.
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  13. @Deborah Hearne Because I am a working Realtor, that's why. I do have significant deductions due to my business but the type of business I'm in, I can't relocate to Puerto Rico. I have a good CPA but I was given percentages that other self employed people pay. The idea is that many people pay more taxes than they think they pay. Like the young man who responded to me from New Hampshire, he likes all the "services" that the state has, well someone is paying for those "services:" Clearly he is a renter and not paying for them. Years ago, I was at a real estate conference and was having dinner with some of the other Realtors who lived on the East Coast ( Mass, Conn, NH, ) and what they pay in property taxes was shocking to me. In Mass, their homes are constantly reassessed, so their taxes climb and climb. In CA, it is based on what the property sold for. So, if one bough their home in 1989 for $149,000 and it now worth 1.4 million, the basis for the tax you pay is based on the $149,000. It does go up a little each year but only by a small percentage. While your neighbor who bought their adjacent home in the neighborhood, is paying on the 1.4 mil. Is it fair? Fairness is subjective. 20 years ago when Arnold was running for Gov in CA, he had the socialist-billionaire Warren Buffet on his campaign. Warren claimed that Californians were not paying their fair share, well he was sent back to Nebraska in a nano second due to the outrage from the people in our state. Good old Warren who pays nearly zero in taxes due to how he structures his income and wants YOU to pay more and then hides behind the fact that he is still eating at the same restaurant and lives in the same house he has for the past 20 odd years. Every time you see, Warren he is eating an ice cream cone, right out of Norman Rockwell illustration, good old Warren
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  14. @Deborah Hearne Deborah, I don't talk about my individual tax matters on YT but I have been a successful Realtor for the past 30 years in CA. If I was starting over again, I likely would move to another state but it takes years to build a solid business. Because of my average sales price, I would have to sell 5 homes in Texas or many parts of Florida to equal one home that I sell in California. I don't like to sell more than 20 homes a year, so that would be 100 homes a year in Texas, that takes on another level of work. I would have to have at least 3-4 other team members, I've done that before, not interested in it. In my area, a 2 million dollar home is at the lower level of luxury, so I always have the option of increasing my sales price if I choose to. But I prefer the low hanging fruit of selling homes under the 1.5 mil mark. If I get a lot of referrals, I split the deals with the newer agents in my firm, let them do the running around, while I do the marketing and client care. There is a lot of value to where I live. What I don't like about other areas like Florida or Texas or N. Carolina, is that if I was blind folded and let loose, it would be hard to know if I was in which state since all the stores are the same, very limited. So, one PF Chang's looks the same wherever you live. In my area, we have the majority of local businesses that you can't find in other areas. We even have a great independent Book store, no Barnes and Noble, no Walmart. The local flavor has been preserved. Plus in the mornings, I run by the Pacific Ocean with its cool breezes and beautiful coast line. I buy my food directly from LOCAL ORGANIC farmers too. I have access to great food year round, every store here as great organic food, it is part of the ethos of an area. Plus my area is far more beautiful than Texas. I do like Florida though and it would be my second choice, but house prices are really increasing there at an exponential rate. I like its pro-business attitude.
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  15. @Deborah Hearne My mother was an accountant, so I usually know more than anyone I sit down with. In fact when I last spoke with the IRS, the representative told me I owed X and I told her to speak to her supervisor, after speaking with them, they acknowledged I was correct. I've worked with enrolled agents as well as CPA's and there is a benefit to both. Due to my knowledge I pay relatively little for my representation. I had a client who was going to opt out of a real estate deal because he did his taxes with Turbo Tax and owed 25k even after payroll withholding. I had him give me his tax returns, my accountant got it down to 3k and it cost him $500 to sit down with her and adjust his return. She said if she had done his return initially he likely wouldn't have even owed the 3k, no one makes over 30k should use Turbo Tax.
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  16. Learn the history before commenting, there were no indigenous people when the Dutch arrived.
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  17.  @deliciaford4343  They are trying this in many parts of the world. Some countries have better solidarity against it.
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  18.  @latinaalma1947  Yes, that is what they want to accomplish. But many countries in the third world, own their property and are not leveraged.
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