Why Won’t You Join A Cash Gifting Team?
Cash gifting promises to be one of the most effective ways to make money by affiliating with an organized program. You can join for as little as $150, so why would you hesitate if you are interested in this kind of opportunity?
Initially, potential cash gifters often have issues with the concept of giving money freely. Society teaches us to save and hoard, but that is no way to get rich. You need to take some risk and give a little bit in order to build true wealth.
The power of the Internet combined with the entrepreneurial spirit of open-minded people is a winning combination that leads to success for everyone. You give one gift in order to join an organized cash gifting team, then your are awarded the tools and training necessary to set yourself up to receive cash gifts over and over again. It works.
Is this legal? Of course. In the United States you may give anyone a cash gift without being subjected to taxation as long as the amount is less than $12,000 in a year. Want proof? Just look in the newspaper.
In fact, a United States Congressman recently demonstrated this point in a July 2009 scandal. He and his family paid $96,000 to the family of a woman with whom he had an affair to keep them silent. The money was given in $12,000 portions to multiple members of the family in order to avoid the reporting and taxing that is required of larger gifts.
Cash gifting is simply the organized way to give a gift of less than $12,000 without being subject to government reporting and taxes. Another example of the tremendous power of the Internet to create a market for an activity. For total clarity, when you give a gift it is accompanied by a signed statement indicating that you are freely giving a gift and expect nothing in return.
Actually, people have been cash gifting for many years, even before the Internet, to avoid the heavy taxation on inheritance. People typically give their fortunes away to loved ones in increments of $12,000 or less per year while they are still alive so the government does not confiscate a large portion of it.
Why haven’t you started cash gifting? This activity is absolutely legal and is highly organized on the Internet. Just give a little to get a lot.
