$58million hid in a shed

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  • crockett
    in a van by the river
    • May 2003
    • 76818
    #1

    $58million hid in a shed

    http://news.bbc.co.uk/2/hi/asia-pacific/7289581.stm

    Jesus two sisters in Japan inhearted $73 million from their dad when he died. They didn't want to pay the inheritance tax ($28m) so they hid the money in a shed behind their house.

    I can't say I really blame them, but how dumb can they be to think they can just make that much money disappear.

    Just shows how much BS taxes are though.. it's very likely their dad paid taxes on the money when he earned it. Yet when he dies they have to pay almost half of it in taxes again.

    Govts and their taxes are the biggest shams there are.. Just about anywhere you live you get taxed on top of getting taxed. In fact I wonder how much tax is paid on a single dollar thought it's life span.
    In November, you can vote for America's next president or its first dictator.
    Tags: None
    • joeman1
      So Fucking Banned
      • Aug 2007
      • 321
      #2
      wow almost30 mil in taxs ridiculous

        Comment

        • notoldschool
          Confirmed User
          • Aug 2007
          • 5687
          #3
          And they turn people away at hospitals because they cant afford health insurance. Sick world we live in.
          No doubt one may quote history to support any cause, as the devil quotes scripture.
          -- Learned Hand

          http://www.bjpenn.com

            Comment

            • jscott
              jscizzle
              • Feb 2001
              • 25412
              #4
              Horrible!
              “If you think tough men are dangerous, wait until you see what weak men are capable of.”
              —Jordan B. Peterson

              Listen to Pomp tell why is Bitcoin important

                Comment

                • Drake
                  Hello world!
                  • Mar 2003
                  • 12508
                  #5
                  Wow. How did they wind up with it all in cash anyway? Take out a couple million from the bank every year and stash it in the shed?

                    Comment

                    • L-Pink
                      working on my tan
                      • Mar 2005
                      • 39151
                      #6
                      I'm not a fan of over taxation but in this case why not pay it? In this case paying the tax would have meant what, 40% less boxes stuffed with cash in a shed? You can't spend that kind of money in cash anyway.

                        Comment

                        • baddog
                          So Fucking Banned
                          • Apr 2001
                          • 107089
                          #7
                          Originally posted by notoldschool
                          And they turn people away at hospitals because they cant afford health insurance. Sick world we live in.
                          in Japan?

                            Comment

                            • baddog
                              So Fucking Banned
                              • Apr 2001
                              • 107089
                              #8
                              Originally posted by L-Pink
                              You can't spend that kind of money in cash anyway.
                              Saturday evenings playing Monopoly are a blast though.

                                Comment

                                • Fap
                                  Just Du It
                                  • Feb 2004
                                  • 12094
                                  #9
                                  man inheritance tax is a bitch

                                    Comment

                                    • L-Pink
                                      working on my tan
                                      • Mar 2005
                                      • 39151
                                      #10
                                      Originally posted by Mike33
                                      Wow. How did they wind up with it all in cash anyway? Take out a couple million from the bank every year and stash it in the shed?
                                      Sounds like there father was the real tax dodger.

                                        Comment

                                        • Antonio
                                          Too lazy to set a custom title
                                          • Oct 2001
                                          • 14136
                                          #11
                                          for $500 000 they could've hired a tax lawyer or tax advisor or whatever its called and pay almost nothing to the government

                                            Comment

                                            • justinsain
                                              Confirmed User
                                              • Feb 2005
                                              • 3374
                                              #12
                                              Plenty of people live fulfilled lives earning less than $50,000. a year and these girls inherit
                                              $73 million and risk losing it all just to keep from paying the taxes.

                                              If they pay the taxes and be done with it they still get $45 million. If they can't get through
                                              life on that their lives will be unfulfillled no matter what the amount

                                                Comment

                                                • Allhdreview - Jasin
                                                  Confirmed User
                                                  • Apr 2007
                                                  • 412
                                                  #13
                                                  2girls1shed.com .... Buy that domain now!

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                                                    Comment

                                                    • JustDaveXxx
                                                      I AM JUSTDAVE !
                                                      • Feb 2005
                                                      • 4111
                                                      #14
                                                      thats when you just leave and live somewhere els... buy new friends an all..lol


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                                                        Comment

                                                        • dennisthemenace
                                                          Confirmed User
                                                          • Feb 2003
                                                          • 2668
                                                          #15
                                                          I'd buy a membership to a porn site about $58 million in a shed with 2 girls
                                                          All the best to you

                                                            Comment

                                                            • DatingGold
                                                              $6 PER EMAIL JOiN
                                                              • Feb 2003
                                                              • 13185
                                                              #16
                                                              cant blame their thinking
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                                                                Comment

                                                                • helic0pter
                                                                  Confirmed User
                                                                  • Feb 2008
                                                                  • 155
                                                                  #17
                                                                  Yea, governments really rip people off when it comes to taxes. To a certain point it makes perfect sense but when people have to start paying ridiculous amounts of taxes on inherited money and stuff it gets sketchy.
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                                                                    • pornguy
                                                                      Too lazy to set a custom title
                                                                      • Mar 2003
                                                                      • 62912
                                                                      #18
                                                                      Funny thing is, in the US taxes are against the constitution.
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                                                                        • papill0n
                                                                          Unregistered Abuser
                                                                          • Oct 2007
                                                                          • 15547
                                                                          #19
                                                                          i think I would have just paid the taxes

                                                                            Comment

                                                                            • Vendot
                                                                              Confirmed User
                                                                              • May 2002
                                                                              • 3376
                                                                              #20
                                                                              Originally posted by Antonio
                                                                              for $500 000 they could've hired a tax lawyer or tax advisor or whatever its called and pay almost nothing to the government
                                                                              Thats absolute bull. They would have had to pay the inheritance tax. The tax lawyer might have helped them on future tax issues though...
                                                                              "In a Time of Universal Deceit, Telling the Truth is a Revolutionary Act." - George Orwell

                                                                                Comment

                                                                                • tony299
                                                                                  lurker
                                                                                  • Aug 2002
                                                                                  • 57021
                                                                                  #21
                                                                                  Originally posted by justinsain
                                                                                  Plenty of people live fulfilled lives earning less than $50,000. a year and these girls inherit
                                                                                  $73 million and risk losing it all just to keep from paying the taxes.

                                                                                  If they pay the taxes and be done with it they still get $45 million. If they can't get through
                                                                                  life on that their lives will be unfulfillled no matter what the amount
                                                                                  very good point

                                                                                    Comment

                                                                                    • crockett
                                                                                      in a van by the river
                                                                                      • May 2003
                                                                                      • 76818
                                                                                      #22
                                                                                      In all seriousness I bet a $1 bill is taxed 200% or more by the time it's taken out of circulation. I think I saw somewhere the average dollar bill stays in circulation between 5 to 7 years before it's taken out and destroyed. Pretty crazy when you think about it.
                                                                                      In November, you can vote for America's next president or its first dictator.

                                                                                        Comment

                                                                                        • Vendot
                                                                                          Confirmed User
                                                                                          • May 2002
                                                                                          • 3376
                                                                                          #23
                                                                                          All they had to do was get their dad to give them the money before he died and then they wouldnt have had to pay tax.

                                                                                          Or relocate to Monaco or Isle of Man and then get the money given to them from their father as an income. Then they would have paid nothing or next to nothing in tax.
                                                                                          "In a Time of Universal Deceit, Telling the Truth is a Revolutionary Act." - George Orwell

                                                                                            Comment

                                                                                            • Big Red Machine
                                                                                              Confirmed User
                                                                                              • Jan 2005
                                                                                              • 9586
                                                                                              #24
                                                                                              Originally posted by DatingGold
                                                                                              cant blame their thinking
                                                                                              Governments would Love to keep people: Poor, Stupid and Dependant

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                                                                                                Comment

                                                                                                • slapass
                                                                                                  Too lazy to set a custom title
                                                                                                  • Nov 2002
                                                                                                  • 14625
                                                                                                  #25
                                                                                                  Originally posted by crockett
                                                                                                  http://news.bbc.co.uk/2/hi/asia-pacific/7289581.stm

                                                                                                  Jesus two sisters in Japan inhearted $73 million from their dad when he died. They didn't want to pay the inheritance tax ($28m) so they hid the money in a shed behind their house.

                                                                                                  I can't say I really blame them, but how dumb can they be to think they can just make that much money disappear.

                                                                                                  Just shows how much BS taxes are though.. it's very likely their dad paid taxes on the money when he earned it. Yet when he dies they have to pay almost half of it in taxes again.

                                                                                                  Govts and their taxes are the biggest shams there are.. Just about anywhere you live you get taxed on top of getting taxed. In fact I wonder how much tax is paid on a single dollar thought it's life span.
                                                                                                  I would rather pay taxes when I die. I seriously think that is the perfect time to pay them.

                                                                                                    Comment

                                                                                                    • AlienQ - BANNED FOR LIFE
                                                                                                      best designer on GFY
                                                                                                      • Mar 2003
                                                                                                      • 30307
                                                                                                      #26
                                                                                                      If they knew anything about money the wise thing would have been to break it off into invstments. Investments to a degree are a tax shelter.

                                                                                                      And firstly that amount money should have been tied into investments before his death.

                                                                                                      Though in Japan who knows how it works.

                                                                                                      America is the same way raw cash inheritance and the taxation is a crock of shit.

                                                                                                        Comment

                                                                                                        • CurrentlySober
                                                                                                          Too lazy to wipe my ass
                                                                                                          • Aug 2002
                                                                                                          • 38944
                                                                                                          #27
                                                                                                          Originally posted by baddog
                                                                                                          Saturday evenings playing Monopoly are a blast though.


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                                                                                                            Comment

                                                                                                            • Spunky
                                                                                                              I need a beer
                                                                                                              • Jun 2002
                                                                                                              • 133986
                                                                                                              #28
                                                                                                              Damn,that tax is insane.I would hide it too but overseas

                                                                                                                Comment

                                                                                                                • JFK
                                                                                                                  FUBAR the ORIGINATOR
                                                                                                                  • Jan 2002
                                                                                                                  • 67373
                                                                                                                  #29
                                                                                                                  Originally posted by pornguy
                                                                                                                  Funny thing is, in the US taxes are against the constitution.
                                                                                                                  you go and tell em !

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                                                                                                                    • V_RocKs
                                                                                                                      Damn Right I Kiss Ass!
                                                                                                                      • Nov 2003
                                                                                                                      • 32449
                                                                                                                      #30
                                                                                                                      $1 gets made. (21 month life span... years are for coins, not paper currency)

                                                                                                                      It is sold to the system for the Federal Funds Rate or the Discount Rate (which is actually a higher rate?)

                                                                                                                      That means the money lost about 5.5% to 7.0% right off the bat.

                                                                                                                      Then Donald Trump gets it for another 6% and gives it to your boss.

                                                                                                                      Your boss gets the money and pays you with it. First he had to pay 12% in taxes on it. You get to pay 28% and then spend it at the grocery store.

                                                                                                                      There you pay another 7.75% or so.

                                                                                                                      Then they pay 12% and then their employee pays 28%... and it keeps going for 21 months...

                                                                                                                        Comment

                                                                                                                        • SleazyDream
                                                                                                                          I'm here for SPORT
                                                                                                                          • Jul 2001
                                                                                                                          • 41470
                                                                                                                          #31
                                                                                                                          i'm not a big fan of inhertience.
                                                                                                                          I believe someone should make their own money.
                                                                                                                          mind you capitalism usually takes care of that and idiots loose their money
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                                                                                                                            • crockett
                                                                                                                              in a van by the river
                                                                                                                              • May 2003
                                                                                                                              • 76818
                                                                                                                              #32
                                                                                                                              Originally posted by V_RocKs
                                                                                                                              $1 gets made. (21 month life span... years are for coins, not paper currency)

                                                                                                                              It is sold to the system for the Federal Funds Rate or the Discount Rate (which is actually a higher rate?)

                                                                                                                              That means the money lost about 5.5% to 7.0% right off the bat.

                                                                                                                              Then Donald Trump gets it for another 6% and gives it to your boss.

                                                                                                                              Your boss gets the money and pays you with it. First he had to pay 12% in taxes on it. You get to pay 28% and then spend it at the grocery store.

                                                                                                                              There you pay another 7.75% or so.

                                                                                                                              Then they pay 12% and then their employee pays 28%... and it keeps going for 21 months...
                                                                                                                              hehe ok so 21 months.. but yea thats' about what I was thinking. I really do wonder how much tax the govt gets off 1 dollar bill. It's kinda crazy when you think about it.
                                                                                                                              In November, you can vote for America's next president or its first dictator.

                                                                                                                                Comment

                                                                                                                                • Drake
                                                                                                                                  Hello world!
                                                                                                                                  • Mar 2003
                                                                                                                                  • 12508
                                                                                                                                  #33
                                                                                                                                  Originally posted by DatingGold
                                                                                                                                  cant blame their thinking
                                                                                                                                  Can't say I understand Inheritance Tax either. If a family member wants to give me their money, why should it be taxed.

                                                                                                                                    Comment

                                                                                                                                    • Imortyl Pussycat
                                                                                                                                      Confirmed User
                                                                                                                                      • Apr 2006
                                                                                                                                      • 5449
                                                                                                                                      #34
                                                                                                                                      i don't want to sound like an idiot but i have to say one of the biggest taxes or penalties that i find ridiculous is the state lottery winnings paid out up front. if you take the cash up front in CA at least, you lose about 40% of the money back to the state. why the fuck should you ever have to give the country another dime of that money??? i don't get it.
                                                                                                                                      Julie Larson
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                                                                                                                                        • iSMOKE
                                                                                                                                          Confirmed User
                                                                                                                                          • Jul 2007
                                                                                                                                          • 1028
                                                                                                                                          #35
                                                                                                                                          Originally posted by Imortyl Pussycat
                                                                                                                                          i don't want to sound like an idiot but i have to say one of the biggest taxes or penalties that i find ridiculous is the state lottery winnings paid out up front. if you take the cash up front in CA at least, you lose about 40% of the money back to the state. why the fuck should you ever have to give the country another dime of that money??? i don't get it.
                                                                                                                                          thats what i say, its your shit and you won it period.

                                                                                                                                          Thats like winning a free pizza from pizza hut and then they tell you they must take 3 slices back before you collect.

                                                                                                                                            Comment

                                                                                                                                            • LiveDose
                                                                                                                                              Show Yer Tits!
                                                                                                                                              • Feb 2002
                                                                                                                                              • 25792
                                                                                                                                              #36
                                                                                                                                              Originally posted by Allhdreview - Jasin
                                                                                                                                              2girls1shed.com .... Buy that domain now!


                                                                                                                                              haha good one...

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                                                                                                                                                • VeriSexy
                                                                                                                                                  Join The Royal Family
                                                                                                                                                  • Apr 2002
                                                                                                                                                  • 25463
                                                                                                                                                  #37
                                                                                                                                                  Damn must have filled up the entire room
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                                                                                                                                                    • RayBonga
                                                                                                                                                      too cool for highschool
                                                                                                                                                      • Nov 2005
                                                                                                                                                      • 12164
                                                                                                                                                      #38
                                                                                                                                                      Hatsue Shimizu has denied the cash was part of her inheritance, saying she had earned it herself.
                                                                                                                                                      I guess she's trying to convince them that she works as a drug dealer

                                                                                                                                                        Comment

                                                                                                                                                        • Violetta
                                                                                                                                                          Affiliate
                                                                                                                                                          • Jul 2004
                                                                                                                                                          • 28735
                                                                                                                                                          #39
                                                                                                                                                          haha... that is a lot of money!
                                                                                                                                                          M&A Queen

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