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Investors in the [[Bernard Madoff|Madoff]] scheme paid taxes on their supposed "profits" (they may be able to recover some of the taxes for the last two years), and they can deduct their losses from their income taxes, so that they will recoup some of their losses.  The many charities that lost money will not get any tax refunds because they do not pay any income taxes.
 
Investors in the [[Bernard Madoff|Madoff]] scheme paid taxes on their supposed "profits" (they may be able to recover some of the taxes for the last two years), and they can deduct their losses from their income taxes, so that they will recoup some of their losses.  The many charities that lost money will not get any tax refunds because they do not pay any income taxes.
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==See Also==
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* [[American economic history]]
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* [[Essay:Invest in tangibles]] - [[:Category:Survivalism|Economic preparedness]]
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* [[Inflation]] versus [[Interest rate]]s / [[Rate of return]]-[[Expected return]]
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* [[Self-directed IRA]] and [[IRA]], [[401(k)]], Roth IRA, [[403(b)]], [[Retirement]], [[Social security]]
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----
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* '''[[:Category:Banksters|Banksters]]:''' [[Elitist]] [[Quantitative easing]] of the [[Federal Reserve Bank]], [[MF Global]], [[Goldman Sachs]], [[AIG]], [[Rothschild family]], [[Bernie Madoff]], [[Dianne Feinstein]]
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* '''[[National debt|National Debt]]:''' [[Debt Ceiling]]-[[Deficit spending]] and the [[Federal Reserve System]]'s [[Ponzi scheme]] of [[Quantitative easing]]-[[Debt monetization]] [[devaluation]] of [[Fiat currency]] through [[Money supply]]-[[Treasury bill]]s bought mostly by [[China]] and [[Japan]]
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* '''[[Globalization]]-[[Globalism]]:''' [[United Nations]], [[International Monetary Fund]], [[World Bank]]
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* '''[[Liberal]] [[Keynesian economics]]''': [[John Maynard Keynes]] and [[Fabian Socialism|Fabian Socialist]] influence on [[Barack Obama]]
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* '''[[Big government | Big Government]]''': [[Liberal values|Liberal]] [[ObamaCare]]-[[Common Core]]-[[Social Security]] [[Welfare state]] leads to [[Nanny state]], leads to [[Gun control]], [[Militarization of police]], [[Asset forfeiture]] and Domestic [[mass surveillance]] of law-abiding [[citizen]]s via the '''[[Police state]]''': [[Globalist]]-[[United Nations]]-[[Statist]]-[[Socialist]]-[[National Socialist]]-[[Communist]]
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==References==
 
==References==
{{reflist|2}}
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<references/>
 
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==External links==
 
==External links==
 
* [http://www.nytimes.com/2008/12/19/business/19ponzi.html?ref=business  Alex Berenson, "With Madoff, Even Winners May Lose Out," ''New York Times'' Dec. 18, 2008]  
 
* [http://www.nytimes.com/2008/12/19/business/19ponzi.html?ref=business  Alex Berenson, "With Madoff, Even Winners May Lose Out," ''New York Times'' Dec. 18, 2008]  
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* [http://www.nytimes.com/2008/12/19/business/19loss.html Lynnley Browning, "Tax Deductions for Theft Losses Could Help Some Investors,"  ''New York Times'' Dec. 18, 2008]  
 
* [http://www.nytimes.com/2008/12/19/business/19loss.html Lynnley Browning, "Tax Deductions for Theft Losses Could Help Some Investors,"  ''New York Times'' Dec. 18, 2008]  
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[[Category:Banksters]]
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[[Category:Crimes]]
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[[Category:Criminals]]
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[[Category:Banks]]
   
[[Category:Finance]]
 
[[Category:Finance]]
[[Category:Economics]]
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[[Category:Crime]]
[[Category:Corruption]]
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[[Category:Deceit]]
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[[Category:Debt]]
 
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