It's not your assets that would be taxed,

Posted By: (sm) on 2009-03-02
In Reply to: I am MY property. If I choose to use my assets for money, that is MY business! - NM

it's your income acquired from the services you provide using your assets. Now, I don't know about other states, but I do not think that services are taxed in my state (to the consumer utilizing the services), but the business providing the services definitely is required to pay income taxes. Just like with my transcription service. I do not charge anyone taxes on the service fees, but I do have to pay income tax.

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Prostitution, Pot, Booze and Recreational Drugs - Not Political
- Pot is not illegal everywhere - sm - not a pot head, but!
- Very contraversial issue....sm - curious girl
- Victimless crimes are never victimless (sm) - MeMT
  - So make it legal and tax and regulate it, to protect those sm - CDW
- The Audacity of Dope - article inside
- All 3 are crimes and participants should - be prosecuted heavily.
  - PLEASE - Just b/c something is illegal does not make it sm - CDW
    - what about the mom that smokes weed with her 2 year old left on the counter - please
  - please tell me the vicims of pot. All the pot smokers i know are - cereal killers
    - i meant to respond to you about the 2 year old - in the post above
      - um no that poor child is a victim of stupidity - not a drug
    - All the pot smokers I know turned into morons with continued use. sm - RBD
    - Plenty of victims ... - sm
      - what about alcohol? that's legal - n/m
        Prostitution, alcohol, pot, recreational drugs, cigarettes...sm... - wagt?
        And how is it your business what I put in to my body, if I sm - CDW
        and what happened to my right to breathe clean air? - talk about self righteous
        Huh - She says in the privacy of her own home - how does that impact your air? nm - Not the OP
        Tobacco and alcohol should be illegal. - Tired of paying for those
        So who gets to decide what is illegal and what is not? You? sm - ChiaPet
        PS - Don't you remember Prohibition? It doesn't work. nm - ChiaPet
        And I have the right to pay for your use of SUGAR or your kids. nm - CDW
        .. The right to not want to pay for either. nm - CDW
        I can't stop laughing.... - what????
  - What about Gay Rights and FOCA (abortion) then? - sm
    - have you lost your mind??? - legalize gays? wth??
      - You need to read it - sm
    - I'm against abortion, as well. - Don't see how you can legalize Gays, lol.
    - Whoever said abortion feels good? nm - HUH??????
- While I don't remember drugs ever being legal - I do know.
- Tax Prostitution - sm
  - I am MY property. If I choose to use my assets for money, that is MY business! - NM
    - I agree. - TechSupport
      - Mr. Tech Support - agree with you
    - It's not your assets that would be taxed, - (sm)
- Even in my "right mind" I have difficulty sometime, then why would I - My answer
  - I and I and I hope the majority agrees with you..nm - non
  - I would venture to guess that you're unusal. - ginger
    - No, I hope tht she is the norm and you are a the 'unusual'...sm - mar
      - No, it doesn't always end in "catastrophy!" - ginger
        Shouldn't teenagers at least have at home ....sm - mar
    - Don't have to be stoned to enjoy life. Read the OP - My answer
      - Personally, I don't even consider - (sm)
        you are a perfect example of being 'hooked', - mar
        How - (sm)
        look it up in the dictionary:... - mar
        Folks are lacking lots when they have to get drugged up to feel better - My answer
        That may be - (sm)
- Prostitution should be legal - and taxed
  - It is legal in Nevada and they have to - jp
- Did you know - ??
- Now more than ever EVERYTHING needs to be legalized - end the war on drugs
  - well i can't say i'm in favor of legalizing meth - but pot, mushrooms and peyote yes
- Slap a hefty tax on all of it - Help Economy
  - I have long felt - IMHO
- I'm all for pot - sm
  - You seem so knowledgeable! What's 'hash oil', - mar
    - Hash or Hashish oil. - Link inside.
      - thanks, but NO....nm - mar
  - I'm all for legalization (though not necessarily in favor of taxation), but (sm) - NWMNMT
  - Amen to that statement sister!! - sm
    - But you might get beat up for hogging the Doritos! (sm) - HippyMT
      - As long as I got some sweet to go with them!! - sm

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Is this taxed?
Cnn is reporting tax rebate of $600 for individual and $1200 for couples. Is this something we have to turn around and pay taxes on like income would be?

You will be taxed on capital gains
nm

Would you also want your income taxed at the 40% rate?
At one time England did that. The friends we had in Cananda said they were taxed to death on their income, but they were pretty pleased with their healthcare. There is no easy solution.

splitting the assets...
What about the son? Is he also deceased?
In your former post you did not mention that your brother is deceased.

Could you not HELP in locating the children of your brother? Did you not have ANY contact with them?

Strange, strange!

See below excerpt from your former post...

'....his son and I was the only 1 left (not counting my brother's children) so the money went exclusively to me.'

The STATE can only take the assets, if there is NO will and NO heirs..sm
And BEFORE that the State TRIES to find possible heirs and informs them about their inheritance.

I am MY property. If I choose to use my assets for money, that is MY business!
//

Is he marrying your assets or is he marrying you?
I could never do this, those men are mamma's boys.