Cookie917
Recruit
- Joined
- Jun 27, 2017
- Messages
- 3,094
Keep telling lies. Doesn't make them true.
Was I talking to you?
But ok.... Want receipts?
Show me the lie?
Now everyone watch the backtracking and feverish responses lol
Keep telling lies. Doesn't make them true.
That’s what Sam Jankovich said that n the mid-‘80’s when we lost a recruit we badly wanted and we were sure there was money involved. I believe that was the 1985 recruiting season and it still hasn’t happened. I guess the only theory would be under reporting of income but Ive never heard of anyone making a credible report to the IRS. Maybe it’s happened, I don’t know.
it seems schools that lose a recruit are very unlikely to report on the program who cheats, either to the IRS or the NCAA.
Was I talking to you?
But ok.... Want receipts?
View attachment 144863View attachment 144864View attachment 144865View attachment 144866
Show me the lie?
Now everyone watch the backtracking and feverish responses lol
The context for that was from a conversation with an assistant US Attorney about gun laws. I asked what use they are when you see prosecutions for gun crimes on the decline. He explained basically what I just said. Low hanging fruit.I think that is true in many areas of law.
Tax tends to be a bit different. First, the outcome is not just "put someone in jail", there is also the recovery of money. Which, of course, helps to fund the lawsuits themselves. Second, there is the "deterrent" factor. You don't have to put all the tax criminals in jail if you manage to scare most of them straight. Third, there is an increasing trend towards holding corporate officers and directors liable if their behavior substantially deviates from fiduciary responsibility.
I think there is an important takeaway here, and that is the IRS has NOT previously litigated these types of cases very often. It might be lucrative if they did. I tend to think that tiny-***** redneck wannabe-moguls are easier nuts to crack than the guys who work on Wall Street. We'll see.
More lies from you.
All you do is lie.
You've tried this crap before. It's, literally, the only thing you post about anymore. Your personal attacks on me.
Roster Management - Miami's 78 vs Bama's 89 plus
I'm not even going to comment on the idiocy of that sentence. First, this isn't the NFL. There is no such thing as "89 scholarship players signed". Second, it is the UPCOMING season. Hasn't happened yet. Guys will leave. Some others haven't even reported to campus yet. I have no doubt...www.canesinsight.com
It's your only reason for existing. You search on my name, and then you try to start ****e with me. Do you have your one glorious CIS post snapshotted and saved on your computer so that you can bust it out as easily as Al Bundy talks about his "four touchdowns in one game" accomplishment?
Sports Illustrated tried to shut us down completely. Look where they are now - I don't hear them mentioned anywhere and they certainly aren't foremost on the magazine racks any more. On the other hand, Miami remains very much alive and thriving.Despite clear evidence of UGA and Bama cheating, Miami will be the only team to face NCAA sanctions because Garcia signed with us.
The context for that was from a conversation with an assistant US Attorney about gun laws. I asked what use they are when you see prosecutions for gun crimes on the decline. He explained basically what I just said. Low hanging fruit.
Tax violations I can understand being different to a point, but how much investigation and evidence would be required to get a conviction for bags compared to plenty of other areas?
I met him once in 'Nam.Remember the Connecticut AG who sued UM and Shalala for leaving the Big East? That guy is a US Senator now.
Can you explain the lie?
I didn't direct **** at you. You jumped in my messages buddy. Also what personal attack? Someone is getting sensitive. I simply posted for this dude to not try and reason with you. I said you made a "last laugh" argument where you posted salary figures.
You called me a liar.
I posted the screen shot where you literally said "last laugh" then posted a link to salary figures.
I am confused, please enlighten us CIS peons with your wealth of knowledge on all things everything.
You are a liar. You lied multiple times. ****, your Urkel "did I do that?" post above is just a disingenuous and fake bunch of crap.
"I didn't direct **** at you". False. You LITERALLY referenced me. What, you're going to play some childish game of "but I was just talking to Cash Money Cane"? If you wanted to have a private conversation with your boy while you consoled him, where nobody could see what you said and nobody could comment on it, you should have DM'd him.
"You jumped in my messages buddy". Untrue. These aren't "your messages". You were busy fellating Cash Money Cane on an open thread, not a DM. Cut the Eddie Haskell routine.
As for the rest of your nonsense, I'll make it brief, because you will undoubtedly stalk me for years to come, as you recycle some old screenshot. You can continue to selectively quote yourself and act like you established something that you never established. Attorneys are paid more than a "base salary", which is the only part of the link you ever quote. No need to explain complex concepts to a lying rube like yourself. You will continue to take your victory laps and act like you did something. You're still a clown that everyone else laughs at.
Ok my guy... I can see where this is going. Keep grasping at straws. Have a blessed day.
You literally cannot let stuff go can you? Like it is impossible right? Have to get the last word?How long until you stalk me and try this crap again? Might be time to toss out "your receipts" and try a new schtick.
When are you scheduled to be on PBS?It's a bit of a misdirect here.
If you gave a bunch of people $10K gifts, you don't have to file a gift tax return.
If you give a bunch of people $50K gifts, you should file a gift tax return, and then you reduce your (eventual) estate tax deduction.
For the record, it is generally the GIVER who pays the gift tax.
Also, even if gift tax is not imposed, you should still FILE.
A gift tax is a tax imposed on the transfer of ownership of property during the giver's life. The United States Internal Revenue Service says that a gift is "Any transfer to an individual, either directly or indirectly, where full compensation (measured in money or money's worth) is not received in return."[1]
When a taxable gift in the form of cash, stocks, real estate, or other tangible or intangible property is made, the tax is usually imposed on the donor (the giver) unless there is a retention of an interest which delays completion of the gift. A transfer is "completely gratuitous" when the donor receives nothing of value in exchange for the given property. A transfer is "gratuitous in part" when the donor receives some value but the value of the property received by the donor is substantially less than the value of the property given by the donor. In this case, the amount of the gift is the difference.
In the United States, the gift tax is governed by Chapter 12, Subtitle B of the Internal Revenue Code. The tax is imposed by section 2501 of the Code.[2] For the purposes of taxable income, courts have defined a "gift" as the proceeds from a "detached and disinterested generosity."[3] Gifts are often given out of "affection, respect, admiration, charity or like impulses."[4]
Generally, if an interest in property is transferred during the giver's lifetime (often called an inter vivos gift), then the gift or transfer would not be subject to the estate tax. In 1976, Congress unified the gift and estate tax regimes, thereby limiting the giver's ability to circumvent the estate tax by giving during his or her lifetime. Some differences between estate and gift taxes remain, such as the effective tax rate, the amount of the credit available against tax, and the basis of the received property.
Exemptions
There are two levels of exemption from the gift tax. First, gifts of up to the annual exclusion ($14,000 per recipient for the years 2013 thru 2017 and $15,000 for 2018 thru 2020)[7] incur no tax or filing requirement. By splitting their gifts, married couples can give up to twice this amount tax-free. Each giver and recipient pair has its own annual exclusion; a giver can give to any number of recipients and the exclusion is not affected by other gifts that recipient may have received from other givers.
Second, gifts in excess of the annual exclusion may still be tax-free up to the lifetime estate basic exclusion amount ($11.58 million for 2020).[8] For estates over that amount, however, such gifts might result in an increase in estate taxes. Taxpayers that expect to have a taxable estate may sometimes prefer to pay gift taxes as they occur, rather than saving them up as part of the estate.
Look, you've always been an arrogant individual who likes to brag about what he does, as if that purchases additional respect or credibility.
All you have to do is look at your "if you even know what that is" line. Yeah, I have an LL.M. in Tax Law. I "know what that is".
But, yeah, you are pretty ignorant. Not just because you don't know things (and CONTINUE to yap as if your "investment banking knowledge" is on point here), but because you continue to sneer at others who are simply trying to provide accurate information to rebut your misstatements.
I don't know how to convince you as to how ridiculous your statements are, so I'm going to stop trying. I'll leave you with a couple of real world realities that show just how misguided your "spoiled grandchildren" nonsense is. First, if you honestly believe that the loss to an estate for non-filing would be only "another hundred thousand dollars", that's your choice. But you're wrong.
More importantly, if you had paid even a few seconds of attention to any of the "booster" cases that have ever been publicized, you would realize that no wealthy booster actually reaches into his own pocket to fund "winning another ring". These cases will ALWAYS involve a booster using a legal entity, such as a business or charity, to disguise the true nature of the dealings. So while these boosters LOVE to have people think that the beneficence is coming from them personally (and the first layer of analysis and discussion would certainly involve the individual booster, since a student-athlete usually has no idea whether that booster will ultimately hide that payment on the books of a legal entity), the reality is that the forensic accounting will usually find the substance of the illicit transactions buried within a legal entity. Therefore, the boosters are usually throwing around other people's money (which they may, in fact, have control over).
You are entitled to think that if the IRS (and/or state revenue departments) finally wades into this area, that nothing will happen. That's on you. You are free to underestimate this jeopardy if you so choose. But I guarantee you, the next big fight that Donald Trump faces will not involve the launch of his social media platform, but will be with the legal authorities in New York (both fed and state).
And tax prosecution usually does not end well. Or cheaply.
You literally cannot let stuff go can you? Like it is impossible right? Have to get the last word?
and stalk you? You legit post dumb a$$ **** with zero substance in every **** thread. I can't open one without seeing some of your ****.
And again I am still waiting on you to tell me the lie where I said you had a last laugh argument and posted a link to salary figures. Answer that simple question for me. You pick and choose what you want to answer then resort to corny references then claim personal attacks.
Listen man just do you, I already said have a blessed day now run along and enjoy your 99k year BASE salary as you share a malt shake with two straws with NYSOM listening to snoop dogg and feverishly search the NCAA bylaws for IC references.