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buy a strong home safe, since govt will tax deposits
Rank: New-farer Joined: 6/13/2016 Posts: 47 Location: kenya
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It seems the more we go digital and embrace banking, the more the government is seeing an opportunity to tax.
I predict that in the next two years, bank deposits, bank withdraws, bank balances, wire transfers (incoming and outgoing) will be the new tax cash cow.
This year, they have set the stage with the robin hood tax. I guarantee next year it will be raised.
These tax streams will be the new cigarettes and beer tax. Every year the tax rate will go up. Mercilessly.
I have decided to be proactive and invest in a very very strong safe and put some cash inside. Fireproof, thief proof, everything proof.
Anyone have any good make and models for home use? This way I don't have to deal with these myriad of taxes that I am sure are in pipeline.
If I transfer money, it is using my own hands.
Note: I am not a tendepreneur. Just trying to legally avoid useless taxes. Keeping cash at home is not illegal.
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Rank: Elder Joined: 6/23/2009 Posts: 14,321 Location: nairobi
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mikanjoroge wrote:It seems the more we go digital and embrace banking, the more the government is seeing an opportunity to tax.
I predict that in the next two years, bank deposits, bank withdraws, bank balances, wire transfers (incoming and outgoing) will be the new tax cash cow.
This year, they have set the stage with the robin hood tax. I guarantee next year it will be raised.
These tax streams will be the new cigarettes and beer tax. Every year the tax rate will go up. Mercilessly.
I have decided to be proactive and invest in a very very strong safe and put some cash inside. Fireproof, thief proof, everything proof.
Anyone have any good make and models for home use? This way I don't have to deal with these myriad of taxes that I am sure are in pipeline.
If I transfer money, it is using my own hands.
Note: I am not a tendepreneur. Just trying to legally avoid useless taxes. Keeping cash at home is not illegal.
Chubb are good COOP, IMH, KEGN, KQ, MTNU
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Rank: Member Joined: 3/8/2018 Posts: 507 Location: Nairobi
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mikanjoroge wrote:It seems the more we go digital and embrace banking, the more the government is seeing an opportunity to tax.
I predict that in the next two years, bank deposits, bank withdraws, bank balances, wire transfers (incoming and outgoing) will be the new tax cash cow.
This year, they have set the stage with the robin hood tax. I guarantee next year it will be raised.
These tax streams will be the new cigarettes and beer tax. Every year the tax rate will go up. Mercilessly.
I have decided to be proactive and invest in a very very strong safe and put some cash inside. Fireproof, thief proof, everything proof.
Anyone have any good make and models for home use? This way I don't have to deal with these myriad of taxes that I am sure are in pipeline.
If I transfer money, it is using my own hands.
Note: I am not a tendepreneur. Just trying to legally avoid useless taxes. Keeping cash at home is not illegal.
Might I suggest an alternative to the safe: Bitcoin? Your wallet, your coins.
-Secure.
-Accessible from anywhere in the world.
-No government can take it from you.
-Inflation won't eat it.
-Transact directly using it or convert to local currencies when the need arises.
Yes, daily price fluctuations will put you on edge. However, as a long term store of value, your funds are safe.
The home safe has its pros/cons list too, but decision is yours.
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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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mikanjoroge wrote:It seems the more we go digital and embrace banking, the more the government is seeing an opportunity to tax.
I predict that in the next two years, bank deposits, bank withdraws, bank balances, wire transfers (incoming and outgoing) will be the new tax cash cow.
This year, they have set the stage with the robin hood tax. I guarantee next year it will be raised.
These tax streams will be the new cigarettes and beer tax. Every year the tax rate will go up. Mercilessly.
I have decided to be proactive and invest in a very very strong safe and put some cash inside. Fireproof, thief proof, everything proof.
Anyone have any good make and models for home use? This way I don't have to deal with these myriad of taxes that I am sure are in pipeline.
If I transfer money, it is using my own hands.
Note: I am not a tendepreneur. Just trying to legally avoid useless taxes. Keeping cash at home is not illegal.
If you show me you cash, I can customize a safe for you
If Obiero did it, Who Am I?
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Rank: Elder Joined: 7/11/2012 Posts: 5,222
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mikanjoroge wrote:It seems the more we go digital and embrace banking, the more the government is seeing an opportunity to tax.
I predict that in the next two years, bank deposits, bank withdraws, bank balances, wire transfers (incoming and outgoing) will be the new tax cash cow.
This year, they have set the stage with the robin hood tax. I guarantee next year it will be raised.
These tax streams will be the new cigarettes and beer tax. Every year the tax rate will go up. Mercilessly.
I have decided to be proactive and invest in a very very strong safe and put some cash inside. Fireproof, thief proof, everything proof.
Anyone have any good make and models for home use? This way I don't have to deal with these myriad of taxes that I am sure are in pipeline.
If I transfer money, it is using my own hands.
Note: I am not a tendepreneur. Just trying to legally avoid useless taxes. Keeping cash at home is not illegal.
Welcome to Bitcoin, my fren  Safes are another shortcut to Makueni
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Rank: Member Joined: 8/29/2008 Posts: 573
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Mika Njoroge: and where is the location of your home??
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Rank: Elder Joined: 12/7/2012 Posts: 11,937
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Ali Baba wrote:Mika Njoroge: and where is the location of your home??
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Veteran Joined: 1/25/2012 Posts: 1,624 Location: Langley
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Ali Baba wrote:Mika Njoroge: and where is the location of your home??
Ali baba and forty thieves. If you have built castles in the air, your work need not be lost; that is where they should be. Now put the foundations under them.
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Rank: New-farer Joined: 2/8/2018 Posts: 73
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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Your choices are clear. Pay Robin Hood Tax or Robbing da Hood Alibabas. Pesa Nane plans to be shilingi when he grows up.
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buy a strong home safe, since govt will tax deposits
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