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Tavane -> RE: Financial Domiantion (2/21/2009 12:12:07 AM)
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These are gifts, so there are no tax ramifications to some extent, even legally, and the government isn't going to know about it, in any event. The slave is paying his income tax. He's just giving the money to his mistress, and much of it is not a gift, since people share expenses all the time. He's just letting her control his income. If I take home $30,000 per year, and live in hier house, then there is no problem with me sharing expenses, from a tax point of view. Nobody is ever going to check on it. It happens all the time that a person puts his money in another person's account, particularly if he has creditors who have judgments against him, or to hide it for some other reason. She has no tax problems whatsoever, since if a gift tax problem arises, it's up to the person giving the gift to pay the tax, not the recipient, and you can give at least $11,000 per year without any tax. As for the rest, that's your share of the expenses. Nobody in the world is going to know about this or care about it. As long as the IRS gets their income tax, they could care less.
Suppose she dies, and the account is payable on death to you. Still no tax, since an estate has to be at least $750,000 before any Federal Estate tax kicks in, and a few hundred thousand before any state inheritance tax kicks in, and if there is lots of money, so that it would have such consequences, the slave can keep records which shows that's actually his money, just in her account.
Even if she spends it all on herself, he can say that those dresses and jewelry belong to him, even if she wears them and is half his size. There is nothing wrong with owning something you never wear, and letting your girlfriend wear it. The reality is nothing would ever trigger anyone to ever look into it. Only death really triggers legal examination of the amount of money transferred from one person to another. It's possible that an audit of her taxes might reflect interest income which is inconsistent with her taxable income, but regular employees almost never get audited, and if that happens, she can just say it's his money, but he agreed that the interest on it was a gift to her, and he'll verify that. I just dont' see any problems with it, unless truly vast sums of money are involved, and even then, the interest income probably wouldn't exceed $11,000, a non-taxable gift. You just need to keep records, in the incredibly unlikely event someone examined it. If she's not concerned with interest, the slave can cash his checks and give her cash, and she can put it in a safety deposit box, to the extent it exceeds $11,000 per year + a reasonable sharing of expenses. You don't want it to be rent, since that's income, but the cost of food can be very high, whatever you say it is.
It's very easy. The slave gives her his money, some in cash if he really makes a great deal of money, and she puts that cash in a safety deposit box. She has $200 in a drawer that he's entitled to take for groceries, gasoline, or whatever he is permitted to spend it on regularly, and he brings back the change and a receipt, and keeps a record so she knows how much to add to keep that drawer with $200 in it. Or he's permitted to sign on one of her credit cards, with a low credit limit, for permissible purchases like the above, and never uses or touches cash for perhaps the rest of his life, or ever has any credit himself. If he wants something for himself, he just asks her for it, and if she permits it, he can use that credit card. That's the best scenario, since he doesn't need a wallet. Just a driver's license, her credit card, and his auto insurance card. He'll never carry a wallet again, or touch a penny. Some guys like to get a small allowance, but I might prefer never to have any money of my own again. That would be really exciting, and no burden on the mistress. He knows what he's permitted to buy with that credit card, absent special permission, and it would give submissive pleasure to only use a credit card with your mistress's name on it.
It's a balance as to what she wants. It would be nice if the slave wasn't permitted to talk in public to others, so the mistress always dealt with waiters and sales clerks, ignoring the slave and ordering for him, picking out clothes for him and dealing with the sales clerks, etc, as if he was a 2 year old or something, if she took him out, instead of sending him out. That kind of public display of domination can be very stimulating, but isn't bizarre. Even carrying her purse for her isn't all that bizarre, if she likes that. Most women probably don't, and may feel as odd without a purse as a guy feels without the sensation of a wallet in his back pocket, as if she'd left it somewhere, or might not like the idea of her slave carrying a purse, thouigh a slave who never carries a wallet again would get used to not having one. Many mistresses might not want to bother with it, and would send him out to buy his own clothes or whatever when he asked her if he could have something. She's the mistress, but with little effort, could easily give the slave total financial domination, if she wanted to please him. That would be great, to never spend a penny for the rest of your life without her permission.
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