John Jay Singleton on Tax Secrets

from Decentralize.TV - Episode 12 - Sep 5, 2023 - ACE OF COINS - John Jay Singleton reveals cryptocurrency TAXATION secrets the IRS hopes you never learn.

Todd Pitner.  First I'd recommend that people go to ace of coins.com and get information from John on your tax liability if you own crypto.

Jonathan I go way back because when 2020 happened and the boogie virus over the world I could not wear a mask it's a physical thing I ultimately had to go to court lawsuit against Costco and I had a three count lawsuit against Costco and John and he'll explain this while he's under attorneys and he helps them he guide them ultimately because you type or not because you told me I didn't.

John Jay singleton

Buyouts Occur When the Price of the Stock is Low

Macy’s receives $5.8 Billion buyout offer as sales slump. Shares now $17 compared to $21 in 1997 https://t.co/2YSlbGqQhK

— ChiBarb (@Dogsrul94605547) December 11, 2023

Home prices are contracting sharply. These levels were only seen in 2 times: 1970 and 2008. Both ended in deep recessions

Home prices are contracting sharply

These levels were only seen in 2 times:

- 1970
- 2008

Both ended in deep recessions pic.twitter.com/LQgB5wTrYO

— Game of Trades (@GameofTrades_) December 6, 2023

US 30-year mortgage rates kept rising this week. As a result, refinancing activity declined further, falling almost 40% below the same period last year.

🇺🇸 US 30-Year Mortgage Rates Around 7% Add Pressure on Refinancing
*US 30-year #mortgage rates kept rising this week. As a result, #refinancing activity declined further, falling almost 40% ⚠ below the same period last year.   https://t.co/J9nzYtYaqg

— Christophe Barraud🛢🐳 (@C_Barraud) July 15, 2023

Markets show the worst returns in the first 3 months of a rising unemployment rate pic. Higher unemployment rate = Lower spending

Higher unemployment rate = Lower spending

Markets show the worst returns in the first 3 months of a rising unemployment rate pic.twitter.com/KS5Unjk4eS

— Game of Trades (@GameofTrades_) July 5, 2023

SANCTIONS DON'T WORK . . .

And the U.S. knows that.  This means that they are using sanctions not to hurt the purported targets of the sanctions but they're hurting and destroying the standard of living of Americans.  Because we end up paying more for fuel.

Kek https://t.co/7FOGmigqMA

— Tom Luongo (Head Sneetch) (@TFL1728) July 3, 2023

Median home sales prices YoY has plummeted to levels near 0. A contraction in this metric tends to occur before or during a recession

Median home sales prices YoY has plummeted to levels near 0

A contraction in this metric tends to occur before or during a recession pic.twitter.com/MZAYTXH8fk

— Game of Trades (@GameofTrades_) June 29, 2023

1-year yield: 5.4%. That's the highest level since Dec. 2000

 

1 year yield 5.4%.
That's the highest level since, wait for it, Dec 2000. pic.twitter.com/8KUbGUyr4r

— Sven Henrich (@NorthmanTrader) June 29, 2023

In 1982, 53% of 30-year-olds owned a home In 2022, 33% of 30-year-olds own a home The cost of economic policies in our country is increasingly burdening our young-

“The American Dream” https://t.co/SN90NDauQR

— Danielle DiMartino Booth (@DiMartinoBooth) June 29, 2023

Ford lost $34,000 on every EV sold in 2022.

.@Ford lost $34,000 on every EV sold in 2022.

Now the losses are resulting in mass layoffs.

EVs and the taxpayer-subsidized industrial policy that mandates them is an unmitigated disaster. @pwrhungry https://t.co/VlxK2OsHnI

— Steve Milloy (@JunkScience) June 27, 2023

CANADA vs. U.S.A., POPULATION GROWTH YOY FROM 1965 TO NOW

Kind of makes you wonder what kind of incentives was the Canadian government offering foreigners. 

I’m the product of Italian immigrants. Hard to fathom this chart. https://t.co/ZQayX3IjhT

— Danielle DiMartino Booth (@DiMartinoBooth) June 27, 2023

Mortgage Payments To Go Up By 40% as most mortgages adjust automatically with higher rates.🚨🚨🚨 Most countries don’t have 30 year fixed rate mortgages like the USA. Most countries have 5 years before rate adjusts.

Canadian Housing Crash?

Mortgage Payments To Go Up By 40% as most mortgages adjust automatically with higher rates.🚨🚨🚨

Most countries don’t have 30 year fixed rate mortgages like the USA. Most countries have 5 years before rate adjusts.

🔊 pic.twitter.com/gPFKT4sezS

— Wall Street Silver (@WallStreetSilv) June 26, 2023

"In Canada the average home price is $750k, and you need an income of $180k to qualify." Oh, so just like in the U.S.

In Canada the average home price is $750k, and you need an income of $180k to qualify.

That's the top 10% of earners in the country can afford the average house 🚨🚨🚨 pic.twitter.com/J0KPNQk6Sx

— Wall Street Silver (@WallStreetSilv) June 24, 2023

Unemployment rate rises after yield curve inversions

Unemployment rate rises after yield curve inversions

This time is not different pic.twitter.com/tEEPyWTe2O

— Game of Trades (@GameofTrades_) June 21, 2023

62% of US mortgage holders have a rate below 4% and 92% have a rate below 6%. With current mortgage rates at close to 7%, many existing homeowners are staying put, leading to a shortage of homes for sale.

62% of US mortgage holders have a rate below 4% and 92% have a rate below 6%. With current mortgage rates at close to 7%, many existing homeowners are staying put, leading to a shortage of homes for sale. pic.twitter.com/4Y7az47Nk0

— Charlie Bilello (@charliebilello) June 14, 2023

Fastest Shrinking Jobs in the Service Industry. 335,700 Cashier Jobs Lost

No wonder fewer and fewer restaurants are available.  Now, its food trucks, of which many are quite good.  So we'll have to trade the charms of indoor dining with standing outside a food truck munching on tacos?   

Services No Longer Required: America's Fastest-Shrinking Jobs https://t.co/VUdAO0t401

— zerohedge (@zerohedge) June 9, 2023

…and chemicals are THE most leading economic indicator.

Had no idea.  Makes sense, but that's the first time I'd seen or heard that.

Chemicals are made from petroleum and natural gas. So are plastics and fertilizer.

— Van Landingham Beach Rental Maintenance (@VanAccy) June 9, 2023

49% of those earnings more than six figures have reported living paycheck to paycheck, a jump from last year’s 42%, per CNBC.

49% of those earnings more than six figures have reported living paycheck to paycheck, a jump from last year’s 42%, per CNBC.

— unusual_whales (@unusual_whales) June 1, 2023

Wall Street Investors have officially abandoned the Housing Market. With Redfin reporting a colossal 49% crash in investor purchases in Q1 2023. Even bigger than the drop that occurred in 2005 right before the last crash.

Wall Street Investors have officially abandoned the Housing Market.

With Redfin reporting a colossal 49% crash in investor purchases in Q1 2023.

This is the biggest annual decline on record.

Even bigger than the drop that occurred in 2005 right before the last crash. pic.twitter.com/9GyHqzHCKl

— Nick Gerli (@nickgerli1) May 31, 2023

In 2021, 68% of 25-year-olds [lived away from] parents’ home; 22% were married; 17% had a child. In 1980, 84% [lived] on their own; 63% were married; 39% had a child

In 2021, 68% of 25-year-olds were living outside their parents’ home, 22% were married and 17% had a child, per Bloomberg.

In 1980, 84% were living on their own, 63% were married and 39% had a child.

— unusual_whales (@unusual_whales) May 30, 2023