IRS does not say that Cash Gifting is legal

http://PeterFuller.org - I interviewed the IRS to determine if Cash Gifting programs are tax free and whether or not the IRS determines the legality of such programs.

The point of the video is that the Tax Code does not determine if a source of income is legal or illegal.

Many Cash Gifters will quote the Tax Code claiming it makes their programs legal, which is not true.

Category:

Howto & Style

Tags:

• cash
• gifting
• irs
• illegal
• pyramid
• mlm

[bustarymes1]

I'm not sad...I trust in God and as a person that need to be justified there is a reward for doing it his way. I do my part and expect God to do his part. That don't make me sad that make me blessed that men will give to my chest and fill it to over flowing. And yes my motivation is that because I give as.. men give to me and assist in filling my chest. So there is a promise made to me and because of that promise it motivates me to give in an organized manner.

[PeterFullerMBA]

@bustarymes1 - no, it actually makes you very sad as a person to use religion to manipulate others to feed your greed

[bustarymes1]

I Love the christian angle. It is the Law I live by. You are in err about it and should give it a try to see if it is true. IT says" GIVE and IT shall be Given to good measure shaken TOGETHER running over will MEN Give unto YOUR Chest...I don't have to expect his word to be true. He said it...believing his word is on God to bring it to pass. And when men give unto my chest I know that it work and will grow thereby.

[PeterFullerMBA]

@bustarymes1 You are a sad person bustarymes1 if you use Christianity to justify your greed. Organized Cash gifting is about receiving not giving.

[bustarymes1]

The christian is the angle that I love because it is tried and true..I tried it and found no fault in it. It says " Give and it shall be Given to You....

[PeterFullerMBA]

@bustarymes1 I have no argument with Christinity, but you are focusing on the "given to" which Christ would see right through. The motivation of your giving is important.

[karensgifts]

People have the right to give there money to any one they choose. It's no different then giving to charities. When you give to charities you still expect something. You expect that these people will be helped and that your money is helping them.