Do The Wealthy Even Pay Taxes?

[Skull Pilot]

All those gains will get used eventually so they will be taxed then

No they won't. If money is suddenly needed it will be borrowed using the gains as collateral. Eventually the gains will be passed tax free to their children.

It depends on how much there still is an inheritance tax.

Not for the truly wealthy. The children inherit the CONTROL of the foundations and thus inherit CONTROL of their monopolies tax free. If you own it you pay taxes on it, the foundations own everything for the truly wealthy.
For example, they get their estate declared a "historical site" and set up a foundation, that they and only their family can head, to maintain the historical site. They donate their estate to the foundation stipulating that the head lives at the historical site, then every household expense, including things like heating the swimming pool, becomes a tax deduction offsetting any capital gains tax they incur from realizing their gain. When they die the next family member becomes the head and inherits tax free control over their financial empire.

"Own nothing. Control everything"
John D Rockefeller

One's personal wealth is not a monopoly

And when one is paid from a trust the beneficiary pays tax on that money

If a foundation pays a stipend to any individual that money is taxed as income

 

[edthecynic]

All those gains will get used eventually so they will be taxed then

No they won't. If money is suddenly needed it will be borrowed using the gains as collateral. Eventually the gains will be passed tax free to their children.

It depends on how much there still is an inheritance tax.

Not for the truly wealthy. The children inherit the CONTROL of the foundations and thus inherit CONTROL of their monopolies tax free. If you own it you pay taxes on it, the foundations own everything for the truly wealthy.
For example, they get their estate declared a "historical site" and set up a foundation, that they and only their family can head, to maintain the historical site. They donate their estate to the foundation stipulating that the head lives at the historical site, then every household expense, including things like heating the swimming pool, becomes a tax deduction offsetting any capital gains tax they incur from realizing their gain. When they die the next family member becomes the head and inherits tax free control over their financial empire.

"Own nothing. Control everything"
John D Rockefeller

One's personal wealth is not a monopoly

Families control monopolies.
For example, the Rockefeller family has maintained their oil monopoly even AFTER divestiture. They simply transferred control to their foundations and banks. Banks are also immune to anti-trust laws. A bank can use a pension fund, for example, to buy the stock of several "competitors." The bank votes the proxies even though they do not own the stock.

A real life example: After Rockefeller was forced to divest and only owned 33% on paper, some stockholders tried to kick him off the board, but Rockefeller voted 60% of the proxies!!!!!

"Competition is a sin"
John D Rockefeller

 

[Skull Pilot]

All those gains will get used eventually so they will be taxed then

No they won't. If money is suddenly needed it will be borrowed using the gains as collateral. Eventually the gains will be passed tax free to their children.

It depends on how much there still is an inheritance tax.

Not for the truly wealthy. The children inherit the CONTROL of the foundations and thus inherit CONTROL of their monopolies tax free. If you own it you pay taxes on it, the foundations own everything for the truly wealthy.
For example, they get their estate declared a "historical site" and set up a foundation, that they and only their family can head, to maintain the historical site. They donate their estate to the foundation stipulating that the head lives at the historical site, then every household expense, including things like heating the swimming pool, becomes a tax deduction offsetting any capital gains tax they incur from realizing their gain. When they die the next family member becomes the head and inherits tax free control over their financial empire.

"Own nothing. Control everything"
John D Rockefeller

One's personal wealth is not a monopoly

Families control monopolies.
For example, the Rockefeller family has maintained their oil monopoly even AFTER divestiture. They simply transferred control to their foundations and banks. Banks are also immune to anti-trust laws. A bank can use a pension fund, for example, to buy the stock of several "competitors." The bank votes the proxies even though they do not own the stock.

A real life example: After Rockefeller was forced to divest and only owned 33% on paper, some stockholders tried to kick him off the board, but Rockefeller voted 60% of the proxies!!!!!

"Competition is a sin"
John D Rockefeller

And he's dead now

 

[rightwinger]

anyone who can buy a stock or a mutual fund gets the same tax rate as the rich guys when they realize a profit

Except they are few and far between among wage earners.

Concentration of stock ownership by wealth class in the United States

Wealth class Percent of all stock owned

Top 1% 33.5%

Next 19% 55.8%

Bottom 80% 10.7%

It's not out of reach people don't do it because politicians tell them the stock market is the same as gambling and they'd rather get 1% guaranteed interest than the growth found in the market

If you invested 100 a month from the time you were 18 until age 68 and assumed a very conservative rate of return of 8% you would have nearly 800K which is enough to provide you with over 5000 a month income for 20 years in retirement and no one will tell you you have to take required distributions and pay the higher regular income tax rates.

Anyone can invest and take advantage of the capital gains tax rate you are confusing don't and won't with can't

Actually, they don't do it because their paycheck goes for frivolous things like rent, heat, healthcare
Having thousands of dollars of spare money to sink into the stock market is a luxury most Americans don't have

 

[edthecynic]

All those gains will get used eventually so they will be taxed then

No they won't. If money is suddenly needed it will be borrowed using the gains as collateral. Eventually the gains will be passed tax free to their children.

It depends on how much there still is an inheritance tax.

Not for the truly wealthy. The children inherit the CONTROL of the foundations and thus inherit CONTROL of their monopolies tax free. If you own it you pay taxes on it, the foundations own everything for the truly wealthy.
For example, they get their estate declared a "historical site" and set up a foundation, that they and only their family can head, to maintain the historical site. They donate their estate to the foundation stipulating that the head lives at the historical site, then every household expense, including things like heating the swimming pool, becomes a tax deduction offsetting any capital gains tax they incur from realizing their gain. When they die the next family member becomes the head and inherits tax free control over their financial empire.

"Own nothing. Control everything"
John D Rockefeller

One's personal wealth is not a monopoly

And when one is paid from a trust the beneficiary pays tax on that money

If a foundation pays a stipend to any individual that money is taxed as income

Again, they "donate" things like paying for their heat and electricity and stock they use to control their monopolies to themselves through their foundations generating tax deductions.

Another real world example: When Nelson Rockefeller was appointed vice president he released his tax returns, and on millions in income he had no taxable income and paid no income taxes.

 

[edthecynic]

No they won't. If money is suddenly needed it will be borrowed using the gains as collateral. Eventually the gains will be passed tax free to their children.

It depends on how much there still is an inheritance tax.

Not for the truly wealthy. The children inherit the CONTROL of the foundations and thus inherit CONTROL of their monopolies tax free. If you own it you pay taxes on it, the foundations own everything for the truly wealthy.
For example, they get their estate declared a "historical site" and set up a foundation, that they and only their family can head, to maintain the historical site. They donate their estate to the foundation stipulating that the head lives at the historical site, then every household expense, including things like heating the swimming pool, becomes a tax deduction offsetting any capital gains tax they incur from realizing their gain. When they die the next family member becomes the head and inherits tax free control over their financial empire.

"Own nothing. Control everything"
John D Rockefeller

One's personal wealth is not a monopoly

Families control monopolies.
For example, the Rockefeller family has maintained their oil monopoly even AFTER divestiture. They simply transferred control to their foundations and banks. Banks are also immune to anti-trust laws. A bank can use a pension fund, for example, to buy the stock of several "competitors." The bank votes the proxies even though they do not own the stock.

A real life example: After Rockefeller was forced to divest and only owned 33% on paper, some stockholders tried to kick him off the board, but Rockefeller voted 60% of the proxies!!!!!

"Competition is a sin"
John D Rockefeller

And he's dead now

And yet his family still rules America thanks to his inheritance.

 

[Skull Pilot]

anyone who can buy a stock or a mutual fund gets the same tax rate as the rich guys when they realize a profit

Except they are few and far between among wage earners.

Concentration of stock ownership by wealth class in the United States

Wealth class Percent of all stock owned

Top 1% 33.5%

Next 19% 55.8%

Bottom 80% 10.7%

It's not out of reach people don't do it because politicians tell them the stock market is the same as gambling and they'd rather get 1% guaranteed interest than the growth found in the market

If you invested 100 a month from the time you were 18 until age 68 and assumed a very conservative rate of return of 8% you would have nearly 800K which is enough to provide you with over 5000 a month income for 20 years in retirement and no one will tell you you have to take required distributions and pay the higher regular income tax rates.

Anyone can invest and take advantage of the capital gains tax rate you are confusing don't and won't with can't

Actually, they don't do it because their paycheck goes for frivolous things like rent, heat, healthcare
Having thousands of dollars of spare money to sink into the stock market is a luxury most Americans don't have

I used to be a financial planner and I never met one family no matter how strapped they said they were than couldn't find 100 a month to save

We're talking 25 bucks a week not thousands of dollars at a time

 

[Skull Pilot]

It depends on how much there still is an inheritance tax.

Not for the truly wealthy. The children inherit the CONTROL of the foundations and thus inherit CONTROL of their monopolies tax free. If you own it you pay taxes on it, the foundations own everything for the truly wealthy.
For example, they get their estate declared a "historical site" and set up a foundation, that they and only their family can head, to maintain the historical site. They donate their estate to the foundation stipulating that the head lives at the historical site, then every household expense, including things like heating the swimming pool, becomes a tax deduction offsetting any capital gains tax they incur from realizing their gain. When they die the next family member becomes the head and inherits tax free control over their financial empire.

"Own nothing. Control everything"
John D Rockefeller

One's personal wealth is not a monopoly

Families control monopolies.
For example, the Rockefeller family has maintained their oil monopoly even AFTER divestiture. They simply transferred control to their foundations and banks. Banks are also immune to anti-trust laws. A bank can use a pension fund, for example, to buy the stock of several "competitors." The bank votes the proxies even though they do not own the stock.

A real life example: After Rockefeller was forced to divest and only owned 33% on paper, some stockholders tried to kick him off the board, but Rockefeller voted 60% of the proxies!!!!!

"Competition is a sin"
John D Rockefeller

And he's dead now

And yet his family still rules America thanks to his inheritance.

and that all pay taxes on the money the foundation gives them

Money from trust funds is not tax free

 

[edthecynic]

anyone who can buy a stock or a mutual fund gets the same tax rate as the rich guys when they realize a profit

Except they are few and far between among wage earners.

Concentration of stock ownership by wealth class in the United States

Wealth class Percent of all stock owned

Top 1% 33.5%

Next 19% 55.8%

Bottom 80% 10.7%

It's not out of reach people don't do it because politicians tell them the stock market is the same as gambling and they'd rather get 1% guaranteed interest than the growth found in the market

If you invested 100 a month from the time you were 18 until age 68 and assumed a very conservative rate of return of 8% you would have nearly 800K which is enough to provide you with over 5000 a month income for 20 years in retirement and no one will tell you you have to take required distributions and pay the higher regular income tax rates.

Anyone can invest and take advantage of the capital gains tax rate you are confusing don't and won't with can't

Actually, they don't do it because their paycheck goes for frivolous things like rent, heat, healthcare
Having thousands of dollars of spare money to sink into the stock market is a luxury most Americans don't have

I used to be a financial planner and I never met one family no matter how strapped they said they were than couldn't find 100 a month to save

We're talking 25 bucks a week not thousands of dollars at a time

Poor people do not have financial planners!!!

 

[Wry Catcher]

Panama Papers Shine Spotlight on Tax Havens

It seems the wealthy have other priorities:

Panama Papers Shine Spotlight on Tax Havens

 

[rightwinger]

anyone who can buy a stock or a mutual fund gets the same tax rate as the rich guys when they realize a profit

Except they are few and far between among wage earners.

Concentration of stock ownership by wealth class in the United States

Wealth class Percent of all stock owned

Top 1% 33.5%

Next 19% 55.8%

Bottom 80% 10.7%

It's not out of reach people don't do it because politicians tell them the stock market is the same as gambling and they'd rather get 1% guaranteed interest than the growth found in the market

If you invested 100 a month from the time you were 18 until age 68 and assumed a very conservative rate of return of 8% you would have nearly 800K which is enough to provide you with over 5000 a month income for 20 years in retirement and no one will tell you you have to take required distributions and pay the higher regular income tax rates.

Anyone can invest and take advantage of the capital gains tax rate you are confusing don't and won't with can't

Actually, they don't do it because their paycheck goes for frivolous things like rent, heat, healthcare
Having thousands of dollars of spare money to sink into the stock market is a luxury most Americans don't have

I used to be a financial planner and I never met one family no matter how strapped they said they were than couldn't find 100 a month to save

We're talking 25 bucks a week not thousands of dollars at a time

Oh yes....the old pick yourself up by your bootstraps and you too can be a millionaire

That $100 a month saved for ten years will disappear with one stay in a hospital

But then again, you vote against healthcare programs

 

[Skull Pilot]

anyone who can buy a stock or a mutual fund gets the same tax rate as the rich guys when they realize a profit

Except they are few and far between among wage earners.

Concentration of stock ownership by wealth class in the United States

Wealth class Percent of all stock owned

Top 1% 33.5%

Next 19% 55.8%

Bottom 80% 10.7%

It's not out of reach people don't do it because politicians tell them the stock market is the same as gambling and they'd rather get 1% guaranteed interest than the growth found in the market

If you invested 100 a month from the time you were 18 until age 68 and assumed a very conservative rate of return of 8% you would have nearly 800K which is enough to provide you with over 5000 a month income for 20 years in retirement and no one will tell you you have to take required distributions and pay the higher regular income tax rates.

Anyone can invest and take advantage of the capital gains tax rate you are confusing don't and won't with can't

Actually, they don't do it because their paycheck goes for frivolous things like rent, heat, healthcare
Having thousands of dollars of spare money to sink into the stock market is a luxury most Americans don't have

I used to be a financial planner and I never met one family no matter how strapped they said they were than couldn't find 100 a month to save

We're talking 25 bucks a week not thousands of dollars at a time

Poor people do not have financial planners!!!

Plenty of lower middle class people do

I did when I was in my 20's. I bought mutual funds from a broker who also did simple financial plans for people.
This was before internet investing sites of course. I had my insurance license as well as my series 6 and 7 securities licenses before I was out of college and worked at his firm for 5 years.

Everyone who came in for insurance or mutual funds was offered a financial check up and basic planning as part of the service

 

[Skull Pilot]

anyone who can buy a stock or a mutual fund gets the same tax rate as the rich guys when they realize a profit

Except they are few and far between among wage earners.

Concentration of stock ownership by wealth class in the United States

Wealth class Percent of all stock owned

Top 1% 33.5%

Next 19% 55.8%

Bottom 80% 10.7%

It's not out of reach people don't do it because politicians tell them the stock market is the same as gambling and they'd rather get 1% guaranteed interest than the growth found in the market

If you invested 100 a month from the time you were 18 until age 68 and assumed a very conservative rate of return of 8% you would have nearly 800K which is enough to provide you with over 5000 a month income for 20 years in retirement and no one will tell you you have to take required distributions and pay the higher regular income tax rates.

Anyone can invest and take advantage of the capital gains tax rate you are confusing don't and won't with can't

Actually, they don't do it because their paycheck goes for frivolous things like rent, heat, healthcare
Having thousands of dollars of spare money to sink into the stock market is a luxury most Americans don't have

I used to be a financial planner and I never met one family no matter how strapped they said they were than couldn't find 100 a month to save

We're talking 25 bucks a week not thousands of dollars at a time

Oh yes....the old pick yourself up by your bootstraps and you too can be a millionaire

That $100 a month saved for ten years will disappear with one stay in a hospital

No it won't because you're mandated to have health insurance now

 

[Skull Pilot]

anyone who can buy a stock or a mutual fund gets the same tax rate as the rich guys when they realize a profit

Except they are few and far between among wage earners.

Concentration of stock ownership by wealth class in the United States

Wealth class Percent of all stock owned

Top 1% 33.5%

Next 19% 55.8%

Bottom 80% 10.7%

It's not out of reach people don't do it because politicians tell them the stock market is the same as gambling and they'd rather get 1% guaranteed interest than the growth found in the market

If you invested 100 a month from the time you were 18 until age 68 and assumed a very conservative rate of return of 8% you would have nearly 800K which is enough to provide you with over 5000 a month income for 20 years in retirement and no one will tell you you have to take required distributions and pay the higher regular income tax rates.

Anyone can invest and take advantage of the capital gains tax rate you are confusing don't and won't with can't

Actually, they don't do it because their paycheck goes for frivolous things like rent, heat, healthcare
Having thousands of dollars of spare money to sink into the stock market is a luxury most Americans don't have

I used to be a financial planner and I never met one family no matter how strapped they said they were than couldn't find 100 a month to save

We're talking 25 bucks a week not thousands of dollars at a time

Oh yes....the old pick yourself up by your bootstraps and you too can be a millionaire

That $100 a month saved for ten years will disappear with one stay in a hospital

But then again, you vote against healthcare programs

Tell me do you believe people can actually do anything for themselves or do you believe they are all as pathetic as you ?

 

[edthecynic]

Not for the truly wealthy. The children inherit the CONTROL of the foundations and thus inherit CONTROL of their monopolies tax free. If you own it you pay taxes on it, the foundations own everything for the truly wealthy.
For example, they get their estate declared a "historical site" and set up a foundation, that they and only their family can head, to maintain the historical site. They donate their estate to the foundation stipulating that the head lives at the historical site, then every household expense, including things like heating the swimming pool, becomes a tax deduction offsetting any capital gains tax they incur from realizing their gain. When they die the next family member becomes the head and inherits tax free control over their financial empire.

"Own nothing. Control everything"
John D Rockefeller

One's personal wealth is not a monopoly

Families control monopolies.
For example, the Rockefeller family has maintained their oil monopoly even AFTER divestiture. They simply transferred control to their foundations and banks. Banks are also immune to anti-trust laws. A bank can use a pension fund, for example, to buy the stock of several "competitors." The bank votes the proxies even though they do not own the stock.

A real life example: After Rockefeller was forced to divest and only owned 33% on paper, some stockholders tried to kick him off the board, but Rockefeller voted 60% of the proxies!!!!!

"Competition is a sin"
John D Rockefeller

And he's dead now

And yet his family still rules America thanks to his inheritance.

and that all pay taxes on the money the foundation gives them

Money from trust funds is not tax free

Geeezzz you are stubborn. I already debunked that bullshit. They generate more in tax deductions than they have in income.

Another example: The wealthy buy art for $1 million. they hold it for a while then donate it to their foundation. They ask people they buy art from to appraise it and miraculously the people who want to sell them more art appraise it for $10 million. It does not matter that the art would never sell for $10 million, when you "donate" it is only the appraised value that counts. So the art that hung in their office gets donated to the foundation they control an hangs on the wall of their office at the foundation and they net $9 million in tax deductions.

 

[Skull Pilot]

anyone who can buy a stock or a mutual fund gets the same tax rate as the rich guys when they realize a profit

Except they are few and far between among wage earners.

Concentration of stock ownership by wealth class in the United States

Wealth class Percent of all stock owned

Top 1% 33.5%

Next 19% 55.8%

Bottom 80% 10.7%

It's not out of reach people don't do it because politicians tell them the stock market is the same as gambling and they'd rather get 1% guaranteed interest than the growth found in the market

If you invested 100 a month from the time you were 18 until age 68 and assumed a very conservative rate of return of 8% you would have nearly 800K which is enough to provide you with over 5000 a month income for 20 years in retirement and no one will tell you you have to take required distributions and pay the higher regular income tax rates.

Anyone can invest and take advantage of the capital gains tax rate you are confusing don't and won't with can't

Actually, they don't do it because their paycheck goes for frivolous things like rent, heat, healthcare
Having thousands of dollars of spare money to sink into the stock market is a luxury most Americans don't have

I used to be a financial planner and I never met one family no matter how strapped they said they were than couldn't find 100 a month to save

We're talking 25 bucks a week not thousands of dollars at a time

Oh yes....the old pick yourself up by your bootstraps and you too can be a millionaire

That $100 a month saved for ten years will disappear with one stay in a hospital

But then again, you vote against healthcare programs

I don't vote at all because there has been no one worth voting for.

 

[edthecynic]

Except they are few and far between among wage earners.

Concentration of stock ownership by wealth class in the United States

Wealth class Percent of all stock owned

Top 1% 33.5%

Next 19% 55.8%

Bottom 80% 10.7%

It's not out of reach people don't do it because politicians tell them the stock market is the same as gambling and they'd rather get 1% guaranteed interest than the growth found in the market

If you invested 100 a month from the time you were 18 until age 68 and assumed a very conservative rate of return of 8% you would have nearly 800K which is enough to provide you with over 5000 a month income for 20 years in retirement and no one will tell you you have to take required distributions and pay the higher regular income tax rates.

Anyone can invest and take advantage of the capital gains tax rate you are confusing don't and won't with can't

Actually, they don't do it because their paycheck goes for frivolous things like rent, heat, healthcare
Having thousands of dollars of spare money to sink into the stock market is a luxury most Americans don't have

I used to be a financial planner and I never met one family no matter how strapped they said they were than couldn't find 100 a month to save

We're talking 25 bucks a week not thousands of dollars at a time

Oh yes....the old pick yourself up by your bootstraps and you too can be a millionaire

That $100 a month saved for ten years will disappear with one stay in a hospital

No it won't because you're mandated to have health insurance now

No you aren't. Tramp's EO ended Obamacare penalties.

 

[Skull Pilot]

One's personal wealth is not a monopoly

Families control monopolies.
For example, the Rockefeller family has maintained their oil monopoly even AFTER divestiture. They simply transferred control to their foundations and banks. Banks are also immune to anti-trust laws. A bank can use a pension fund, for example, to buy the stock of several "competitors." The bank votes the proxies even though they do not own the stock.

A real life example: After Rockefeller was forced to divest and only owned 33% on paper, some stockholders tried to kick him off the board, but Rockefeller voted 60% of the proxies!!!!!

"Competition is a sin"
John D Rockefeller

And he's dead now

And yet his family still rules America thanks to his inheritance.

and that all pay taxes on the money the foundation gives them

Money from trust funds is not tax free

Geeezzz you are stubborn. I already debunked that bullshit. They generate more in tax deductions than they have in income.

Another example: The wealthy buy art for $1 million. they hold it for a while then donate it to their foundation. They ask people they buy art from to appraise it and miraculously the people who want to sell them more art appraise it for $10 million. It does not matter that the art would never sell for $10 million, when you "donate" it is only the appraised value that counts. So the art that hung in their office gets donated to the foundation they control an hangs on the wall of their office at the foundation and they net $9 million in tax deductions.

The foundation gets the tax breaks not the beneficiaries of the trusts that pay them. All that money will eventually end up on someone's tax return

 

[Skull Pilot]

It's not out of reach people don't do it because politicians tell them the stock market is the same as gambling and they'd rather get 1% guaranteed interest than the growth found in the market

If you invested 100 a month from the time you were 18 until age 68 and assumed a very conservative rate of return of 8% you would have nearly 800K which is enough to provide you with over 5000 a month income for 20 years in retirement and no one will tell you you have to take required distributions and pay the higher regular income tax rates.

Anyone can invest and take advantage of the capital gains tax rate you are confusing don't and won't with can't

Actually, they don't do it because their paycheck goes for frivolous things like rent, heat, healthcare
Having thousands of dollars of spare money to sink into the stock market is a luxury most Americans don't have

I used to be a financial planner and I never met one family no matter how strapped they said they were than couldn't find 100 a month to save

We're talking 25 bucks a week not thousands of dollars at a time

Oh yes....the old pick yourself up by your bootstraps and you too can be a millionaire

That $100 a month saved for ten years will disappear with one stay in a hospital

No it won't because you're mandated to have health insurance now

No you aren't. Tramp's EO ended Obamacare penalties.

So then people will have even more money to invest

 

[edthecynic]

Families control monopolies.
For example, the Rockefeller family has maintained their oil monopoly even AFTER divestiture. They simply transferred control to their foundations and banks. Banks are also immune to anti-trust laws. A bank can use a pension fund, for example, to buy the stock of several "competitors." The bank votes the proxies even though they do not own the stock.

A real life example: After Rockefeller was forced to divest and only owned 33% on paper, some stockholders tried to kick him off the board, but Rockefeller voted 60% of the proxies!!!!!

"Competition is a sin"
John D Rockefeller

And he's dead now

And yet his family still rules America thanks to his inheritance.

and that all pay taxes on the money the foundation gives them

Money from trust funds is not tax free

Geeezzz you are stubborn. I already debunked that bullshit. They generate more in tax deductions than they have in income.

Another example: The wealthy buy art for $1 million. they hold it for a while then donate it to their foundation. They ask people they buy art from to appraise it and miraculously the people who want to sell them more art appraise it for $10 million. It does not matter that the art would never sell for $10 million, when you "donate" it is only the appraised value that counts. So the art that hung in their office gets donated to the foundation they control an hangs on the wall of their office at the foundation and they net $9 million in tax deductions.

The foundation gets the tax breaks not the beneficiaries of the trusts that pay them. All that money will eventually end up on someone's tax return

No the DONOR gets the tax deductions!!!!!
And you claim to have been a financial planner!
LIAR!!!!!