|
trashbag111
Dr. Boss

Registered: 02/12/07
Posts: 116
Loc: Trailor Park
Last seen: 10 years, 10 months
|
living off drug money
#10650283 - 07/09/09 10:33 PM (14 years, 10 months ago) |
|
|
Ive always wondered how risky it would be to live off drug money, or money that you didnt pay taxes on ( money the goverment dont know you have). Do they watch for people who have stuff that they shouldnt have had money for? How risky would it be to buy a house and car? The only thing i would want is a house and car, all the rest of the loot would go twards traveling and other stuff that would be undetectable. I really would just want to live comfotrably without busting my ass all day... welding in 100 degree wether.. I wouldnt mind living in a cheap house and have a semi decent car, but also have thousands put away so i dont have to worry about money. what do you guys think?
|
Prof. Astro
acirebma

Registered: 04/15/08
Posts: 4,084
Last seen: 6 months, 24 days
|
|
Get car from a dealership, pay cash up front. Find a cabin or something on the outskirts of town, also pay cash. You can get away with it, plenty of people do.
--------------------
|
LobsterSauce



Registered: 11/09/08
Posts: 19,900
|
|
That's an ambitious first post, officer!
Edited by LobsterSauce (07/10/09 10:58 AM)
|
PsychoReactive
.


Registered: 05/22/09
Posts: 2,563
Loc: Cocalero
|
|
|
Stonehenge
Alt Center

Registered: 06/20/04
Posts: 14,850
Loc: S.E.
|
|
Any purchase over $10k in cash must be reported and a form filled out. Possibly if the car was just over 10k you might be able to get away with putting 5k down and the rest on delivery. A house, forget it unless it's a mighty cheap house.
Pay all your bills in cash or buy money orders for cash. They do have a little trick waiting for you if you buy a mo or several at the same time which add up to $1k or more. You have to fill in a form and show id so if you have a 3k insurance bill, get 4 mo's at different times for 750. There are ways, there are ways.
You are better off inventing a small cash business and reporting 10k a year. Pay your taxes and later if you have 30k in the bank and paid taxes the last 4 years, they don't give you a second look.
-------------------- “A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship.” (attributed to Alexis de Tocqueville political philosopher Circa 1835) Trade list http://www.shroomery.org/forums/showflat.php/Number/18047755
|
Prof. Astro
acirebma

Registered: 04/15/08
Posts: 4,084
Last seen: 6 months, 24 days
|
Re: living off drug money [Re: Stonehenge]
#10660275 - 07/11/09 08:21 PM (14 years, 10 months ago) |
|
|
Or purchase things in a family members name or associate. Laundering money through business affairs is complicated, someone as rushed as a street dealer would probably not have the touch to pull it off easily.
--------------------
|
Shroominit
Part Time Mycologist



Registered: 11/29/08
Posts: 4,662
|
|
I don't condone it at all, but if you're gonna do it, you're gonna do it. Right?
So, basically fill out the normal income tax forms, and when it asks for a W2, you don't have one. When it asks for "non-reported income" you put "freelance (anything here)" and you write an arbitrary amount close to what you have been putting in the bank. Pay taxes, pay the extra fees for not having paid taxes all year and call it a day.
When you're all settled up, stop dealing drugs, you're ruining someone's life out there
|
PsychoReactive
.


Registered: 05/22/09
Posts: 2,563
Loc: Cocalero
|
Re: living off drug money [Re: Shroominit]
#10660796 - 07/11/09 09:55 PM (14 years, 10 months ago) |
|
|
Quote:
Shroominit said:
When you're all settled up, stop dealing drugs, you're ruining someone's life out there 
Dealing hard drugs like opiates, cocain... for sure... psychedelic drugs like LSD and shrooms, i dont think so. You dont get addicted to hallucinogenics.
|
Jamz
Supervillan


Registered: 03/20/09
Posts: 50
Loc: .au
Last seen: 12 years, 1 month
|
Re: living off drug money [Re: Shroominit]
#10661404 - 07/12/09 01:27 AM (14 years, 10 months ago) |
|
|
Quote:
Shroominit said: So, basically fill out the normal income tax forms, and when it asks for a W2, you don't have one. When it asks for "non-reported income" you put "freelance (anything here)" and you write an arbitrary amount close to what you have been putting in the bank. Pay taxes, pay the extra fees for not having paid taxes all year and call it a day.
This sounds like good advice. As long as you're paying your taxes I don't imagine anyone is going to bother asking too many questions.
|
Stonehenge
Alt Center

Registered: 06/20/04
Posts: 14,850
Loc: S.E.
|
Re: living off drug money [Re: Jamz]
#10663726 - 07/12/09 03:22 PM (14 years, 10 months ago) |
|
|
You file a business return. You say you cut lawns, trim trees, move furniture, or whatever. You declare a certain amount and pay taxes. About all you pay on $10k is social security because you have a ton of exemptions. You can deduct your health insurance in full, for example.
No one will ever bother you about it but if they ask, just act dumb and say you have no records. All transactions in cash.
-------------------- “A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship.” (attributed to Alexis de Tocqueville political philosopher Circa 1835) Trade list http://www.shroomery.org/forums/showflat.php/Number/18047755
|
numonkei
Back! From thedigestive tractof dave theiguana!

Registered: 04/12/06
Posts: 2,500
Loc: A Tree
Last seen: 7 years, 2 months
|
|
Quote:
psycho4ctive said:
Quote:
Shroominit said:
When you're all settled up, stop dealing drugs, you're ruining someone's life out there 
Dealing hard drugs like opiates, cocain... for sure... psychedelic drugs like LSD and shrooms, i dont think so. You dont get addicted to hallucinogenics.
Hmmm... maybe as a whole this is true, but I can mention many folks I've met who have not ruined their own life by their occasional use of cocaine and heroin both.
~Monk
|
tyler_0_durden
Stranger


Registered: 10/28/07
Posts: 1,861
Last seen: 12 years, 5 months
|
Re: living off drug money [Re: numonkei]
#10682420 - 07/15/09 02:46 PM (14 years, 10 months ago) |
|
|
Quote:
numonkei said:
Quote:
psycho4ctive said:
Quote:
Shroominit said:
When you're all settled up, stop dealing drugs, you're ruining someone's life out there 
Dealing hard drugs like opiates, cocain... for sure... psychedelic drugs like LSD and shrooms, i dont think so. You dont get addicted to hallucinogenics.
Hmmm... maybe as a whole this is true, but I can mention many folks I've met who have not ruined their own life by their occasional use of cocaine and heroin both.
~Monk
Of course...we all know people that aren't junkies that have tried those really hard drugs like H, opiates, and coke, but the risk is high. The addictive potential of those drugs is very high, so most people that do use them, if they start using frequently, will get addicted, and then they'll be fucked. Even celebrities get fucked...they'll lose everything they own.
Then there's the people that can do it, shrug, and be on their way without getting addicted. Small majority of people, actually. The many people you know that haven't gotten their lives ruined by coke/opiates? Give them another ten years. Half of them will drop off the map, I'm sure.
-------------------- "As a man who has devoted his whole life to the most clear headed science, to the study of matter, I can tell you as a result of my research about atoms this much: There is no matter as such. All matter originates and exists only by virtue of a force which brings the particle of an atom to vibration and holds this most minute solar system of the atom together. We must assume behind this force the existence of a conscious and intelligent mind. This mind is the matrix of all matter." --Max Planck
|
Shroominit
Part Time Mycologist



Registered: 11/29/08
Posts: 4,662
|
|
I'm sorry, my views are definitely skewed, but I still hold that view. Drugs will hurt someone you deal to if you deal long enough. So it's best to stop without causing any more harm than you need to.
|
PsychoReactive
.


Registered: 05/22/09
Posts: 2,563
Loc: Cocalero
|
|
Quote:
tyler_0_durden said:
Quote:
numonkei said:
Quote:
psycho4ctive said:
Quote:
Shroominit said:
When you're all settled up, stop dealing drugs, you're ruining someone's life out there 
Dealing hard drugs like opiates, cocain... for sure... psychedelic drugs like LSD and shrooms, i dont think so. You dont get addicted to hallucinogenics.
Hmmm... maybe as a whole this is true, but I can mention many folks I've met who have not ruined their own life by their occasional use of cocaine and heroin both.
~Monk
Of course...we all know people that aren't junkies that have tried those really hard drugs like H, opiates, and coke, but the risk is high. The addictive potential of those drugs is very high, so most people that do use them, if they start using frequently, will get addicted, and then they'll be fucked. Even celebrities get fucked...they'll lose everything they own.
Then there's the people that can do it, shrug, and be on their way without getting addicted. Small majority of people, actually. The many people you know that haven't gotten their lives ruined by coke/opiates? Give them another ten years. Half of them will drop off the map, I'm sure.
Very good post.
In all essence, the majority of hard drug users such as heroin and meth, many of the users end up being addicted. It also makes them prone to breaking the law because they have no other way to source drugs. If a H user has no money and needs a quick fix, he/she will steal, assult and rob to get the funds. Its common knowledge. Also H seems to me much more expensive than any other drugs apart from coke.
I cant ever recall a person who likes LSD or shrooms running around robbing people to get high.
I get addicted to using the internet (although I dont smoke and hardly ever drink) so touching shit like addictive drugs is no go zone for the likes of me.
|
fastfred
Old Hand



Registered: 05/17/04
Posts: 6,899
Loc: Dark side of the moon
|
|
> You are better off inventing a small cash business and reporting 10k a year.
Don't even need to do that for such a small amount. Just report it as miscelaneous income on your taxes.
The IRS is how many criminals get brought down. But the thing is, they don't really care about the source of the money, only that you pay the taxes on it.
So just file enough income to show you're paying taxes.
-FF
|
PsychoReactive
.


Registered: 05/22/09
Posts: 2,563
Loc: Cocalero
|
Re: living off drug money [Re: fastfred]
#10689657 - 07/16/09 06:33 PM (14 years, 10 months ago) |
|
|
Quote:
fastfred said: > You are better off inventing a small cash business and reporting 10k a year.
Don't even need to do that for such a small amount. Just report it as miscelaneous income on your taxes.
The IRS is how many criminals get brought down. But the thing is, they don't really care about the source of the money, only that you pay the taxes on it.
So just file enough income to show you're paying taxes.
-FF
That's true. I read about this guy who was spamming hardcore, made millions from it and didnt declare his profits... thats how he got busted.
|
Raijin
The Ridge Runner



Registered: 06/23/09
Posts: 152
Loc: PA
Last seen: 14 years, 7 months
|
|
Quote:
psycho4ctive said:
That's true. I read about this guy who was spamming hardcore, made millions from it and didnt declare his profits... thats how he got busted.
Oh yeah I read that story! He wrote the software that did all the spamming and sold it to all the deviant companies on the internet. Then they popped him hardcore. sucks to be him.
-------------------- Everything I post is an artistic work of fiction. Only a fool would take anything I post as fact.
|
foodsgoodtoo
FPSnosurrender


Registered: 02/13/09
Posts: 3,720
|
Re: living off drug money [Re: Raijin]
#10691283 - 07/16/09 10:58 PM (14 years, 10 months ago) |
|
|
got a link?
--------------------
|
PsychoReactive
.


Registered: 05/22/09
Posts: 2,563
Loc: Cocalero
|
Re: living off drug money [Re: Raijin]
#10691379 - 07/16/09 11:15 PM (14 years, 10 months ago) |
|
|
Quote:
Raijin said:
Quote:
psycho4ctive said:
That's true. I read about this guy who was spamming hardcore, made millions from it and didnt declare his profits... thats how he got busted.
Oh yeah I read that story! He wrote the software that did all the spamming and sold it to all the deviant companies on the internet. Then they popped him hardcore. sucks to be him.
Did he end up killing his whole family? if that's the case, we are on about the same guy...
http://www.computerworld.com/s/article/9110718/Fugitive_spammer_dead_in_apparent_murder_suicide
|
tonos
Mycostudent



Registered: 04/24/09
Posts: 279
Loc: out there
Last seen: 13 years, 5 months
|
|
I've paid a speeding ticket with drug money lol
-------------------- You are only coming through in waves... Your lips move, but I cant hear what you're saying...
 
|
|