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Metropolitan DC Local Politics
Reply to "South Asian homes in Fairfax targeted by Latino theft ring: over $2M in stolen goods"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]If you have that much, why wouldn't you have a nice safe? [/quote] or a safe deposit box at a bank. [/quote] Not Asian but I think they are keeping all this cash at home (in literal physical currency or gold/jewels which can be transformed into currency) because they don't trust banks. That and its easier to fool the IRS if you're not making bank deposits especially with Biden's new $600 deposit rule. [/quote] Actually, this is mostly about part B. This is almost all for tax purposes.[/quote] Agreed. Definitely about hiding the assets and avoiding taxes. I’m South Asian, FWIW.[/quote] Probably not insured then. It sucks to be robbed, but can't say I care about tax cheats losing money [/quote]
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