Guy Taylor - The Magna Carta Man of the UK

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Dr. Caligari
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Re: Guy Taylor - The Magna Carta Man of the UK

Post by Dr. Caligari »

Burnaby49 wrote:I've never seen the logic of an inheritance tax apart from a straight greedy cash grab by governments. Why should the government get a pile of money when I die when the money and assets I bequeath to my kids has already been fully taxed before becoming part of my estate?
All income is taxed multiple times, as it changes hands. I work, get paid and pay income tax. From my remaining money, I pay my barber for a haircut. He pays income tax on that money, even though it "has already been fully taxed." When he buys a sandwich with his remaining share of the money, the sandwich shop pays income tax on its receipts, even though the money has by now "already been fully taxed" at least twice. And so forth.

If anything, I think an estate tax is more justifiable than an income tax. Conrad Hilton worked hard and created great wealth, but was taxed heavily on his income. His daughter Paris did nothing to earn her fortune, but got it tax-free. How is that fair?
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Re: Guy Taylor - The Magna Carta Man of the UK

Post by Burnaby49 »

LaVidaRoja wrote:Doesn't that make any liability fairly easy to avoid? If there is no gift tax, you simply gift your assets to your heirs in such a manner and time that it cannot be said to be a transfer in contemplation of death. And what happens when you gift your personal residence but retain a life estate? That estate expires on your death, and the property has belonged to your heir, free of any transfer tax.
Not quite. There is no gift tax but the Income Tax Act has provisions to tax on non-arm's length dispositions during your lifetime. All non-arm's length dispositions are deemed to be disposed of at their fair market value (FMV). As an example let's say I give my son shares in Microsoft that cost me $100,000 but are now worth $500,000 and I give him $800,000 cash. Since the FMV of the cash is the same as it's cost to me I can give it to my son with no tax consequences. Fair enough, since whatever income source that I got the cash from has already been subject to tax. At least as far as you know. The Microsoft shares however are deemed to have been disposed of by me at their $500,000 FMV subjecting me to $400,000 of capital gains. My son is deemed to have received them at their $500,000 value. Essentially non-arm's length disposition are treated as if they were arm's length.

Canada doesn't tax the disposition of principal residences. This is a specific provision of the Income Tax Act. A huge benefit for those of us lucky enough to have bought in Vancouver way back. I have a friend who bought his house for $80,000 in 1979. House is a tear-down but the lot has increased immensely in value making his home worth well over a million now. When he sells the entire proceeds are tax free. So if he gave his house to his kids while alive he is deemed to have disposed of it at fair market value so their cost for any later purposes is the million plus but he is exempt from being taxed on the disposition by the principal residence exemption. My wife and I have a house we bought in 1978 which we have lived in continuously since and we also own an investment rental condo that we bought about ten years ago. Disposition of the condo is taxable, house will be tax free.

This can get complicated. What about a house on a very large lot? The Act stipulates the maximum amount of land that can be included along with the house. What if we have two residences? This was actually a big issue way back. Husband would claim regular home as his principal residence and the wife would claim the waterfront vacation home as hers making them both tax exempt. Legislation now allows only one principal residence per couple. Other scams like home builders finishing a home, living in for a few months (or claiming to have done so), selling it, and then claiming the gain on sale as a tax free sale of principal residence.

The contemplation of death thing is for valuation purposes at death, not asset distributions prior to death. We had a well known case (well known to people like me anyhow) where the CRA valued a private company at the owner's death and the valuation was largely based on a big life insurance payment that the company got when he died. Since this was automatically triggered by his death the CRA had a point. That was a guaranteed part of the company value at death. It went to Tax Court and the court interpreted the law at that time to mean that even though the guy died the CRA could not assume he was going to die, even if it was obvious. Hence the phrase "immediately before death but not in contemplation of death". Taxpayer won and the exemption of life insurance from date of death valuations was later incorporated into tax law.
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Re: Guy Taylor - The Magna Carta Man of the UK

Post by wanglepin »

Interview with Guy Taylor talking about Raid on Bodenham Manor
I've been getting training in legal forensics by a guy named Mr Ebert
Interesting he should talk about forged stamps on "legal documents", wasn't he sentenced for counterfeiting U.S. Dollars?

https://www.youtube.com/watch?v=KM4n0R49V9Q
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Re: Guy Taylor - The Magna Carta Man of the UK

Post by littleFred »

Yes, Guy says he got five years for it. (Video at 6m00s.)

Guy Talor the counterfeiter, Mr Ebert who thinks that telling porkies in court will do him any favours, and who knows who else got together and decided what the law really was, and what court seals should really look like ...
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Re: Guy Taylor - The Magna Carta Man of the UK

Post by PeanutGallery »

A highlight of that video is Guy admitting to forging the notes, but then claiming that they weren't real money anyway (because of freeman woo and fiat currency and all that other hooey).

Of course if they weren't actually real they wouldn't have had any value and Guy wouldn't have wanted to counterfeit them.

Oh and Guy says his mistake was consenting to the court proceedings, I have a feeling he's going to realise that not consenting to his current court proceedings isn't going to help him much (if at all).
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Re: Guy Taylor - The Magna Carta Man of the UK

Post by Normal Wisdom »

Guy Taylor the counterfeiter who claims he made the repayments on his £900k loan in cash!

First time I had actually seen Veronica Chapman too. Explains a lot.
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Re: Guy Taylor - The Magna Carta Man of the UK

Post by JamesVincent »

Normal Wisdom wrote: First time I had actually seen Veronica Chapman too. Explains a lot.
I wish that I hadn't seen it.
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Re: Guy Taylor - The Magna Carta Man of the UK

Post by PeanutGallery »

Chapman by name... :whistle:
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Re: Guy Taylor - The Magna Carta Man of the UK

Post by wanglepin »

PeanutGallery wrote:Chapman by name... :whistle:
luv it :lol:

Wasn't he a bus driver or something of that nature?
I can imagine the conversation;
“ are you the driver of this bus sir”?
am I obliged to answer that?
“yes sir”
Then No, I am only travelling
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Re: Guy Taylor - The Magna Carta Man of the UK

Post by littleFred »

After Peter Croll talks about the "complete and absolute fraud" of parking tickets and council tax, Guy Taylor rallies the troops in Full video of Guy Taylor at the Common Law Court of Wales, 9th December 2014

He tries to list the various rules that "they" have to follow but don't, which makes their orders and writs and warrants fraudulent. His explanation is confused, especially over whether "we" have to follow rules and regulations. At 49m09s:
... We know it's not law. We haven't harmed, injured or caused anyone any loss.
We haven't defrauded anyone of a contract.
But we've got a load of rules.
It ain't sensible to drive down the road at a hundred mile an hour.
But it ain't against the law, unless you knock someone over, it ain't against the law.
So we make rules and regulations.
His message seems to be that "we" are restricted in our actions only by what is lawful. But he rounds off his speech with something that, well, perhaps he didn't actually mean. At 50m21s:
We pass the word around: we stop anything that's unlawful, with boots on the ground.
You've got lawful excuse to do what you want, right, okay?
You can kill someone if you've got lawful excuse.
You can murder him, well, not murder him, you can kill him. Why did you kill him? Because he was strangling a child.
You've got lawful excuse.
You've got lawful excuse for anything.
Never mind council tax or parking fines, you've got law-
And these people have been parasiting off us for long enough, right?
And it's all over, it ain't happening no more, next year is the year of the sheep, baa, we're gonna have them.
All right?

[Applause]
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Re: Guy Taylor - The Magna Carta Man of the UK

Post by Famspear »

Dr. Caligari wrote:.....If anything, I think an estate tax is more justifiable than an income tax. Conrad Hilton worked hard and created great wealth, but was taxed heavily on his income. His daughter Paris did nothing to earn her fortune, but got it tax-free. How is that fair?
Umm.... because society is rewarding her for being so talented?

:)

EDIT: I'm sorry.

I will go to my room now.

:(
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Re: Guy Taylor - The Magna Carta Man of the UK

Post by wanglepin »

Guy" the legend" Taylor's new release speaking at the "at the Common Law Court Of Wales"
Guy tells us "it's all getting easier" for him now. I couldn't sit through it all.
https://www.youtube.com/watch?feature=p ... FDKhqL-qm0
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Re: Guy Taylor - The Magna Carta Man of the UK

Post by Normal Wisdom »

wanglepin wrote:Guy" the legend" Taylor's new release speaking at the "at the Common Law Court Of Wales"
Guy tells us "it's all getting easier" for him now. I couldn't sit through it all.
https://www.youtube.com/watch?feature=p ... FDKhqL-qm0
Great. I am so pleased for him. However, last I heard he was still not in Bodenham Manor and still faces a charge of trespass. He's never going to go away (unless of course he "goes away") but as long as he doesn't actually achieve anything I am happy too.
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Re: Guy Taylor - The Magna Carta Man of the UK

Post by Jeffrey »

Can I get a recap. Where does Taylor currently sit? I'm trying to get my head around how he goes from a 4 million pound inheritance to being homeless(?) in 7 years. Did he run the businesses he inherited into the ground or so far into debt the bank had to foreclose on everything?
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Re: Guy Taylor - The Magna Carta Man of the UK

Post by Normal Wisdom »

I assume that you have read the excellent summary by LittleFred earlier in this thread (dated 10th December) which covers most of what I know about the exploits of Guy Taylor. I also offer a few more pieces of information and my opinion. The real truth of the situation is hard to discern because GT has been so good at dissembling and I haven't yet found any court transcripts to give a clear understanding of the facts.

It's hard to believe that the property portfolio he inherited was worth £4 million in 2007 as he would only needed to sell a minor part of it to cover the death duties rather than take out a loan for £824,000. Of course, we only have GTs word on the value of the estate but being charitable this would have been before the property price crash.

GT has confessed that he meandered through life without serious employment; running an illegal nightclub and of course being imprisoned for counterfeiting US currency. Unless he had suddenly buckled down to meaningful employment, it's doubtful that the estate was generating enough income to fund the repayments on the £824,000 loan. My guess is that the supposedly "fraudulent" second loan was in fact the result of the bank restructuring the original debt and defaulted repayments.

GT's claim to have made loan repayments in cash (with the receipts to prove it) don't seem to have cut much ice and I believe a Bankruptcy Order was issued (probably around 2010/11?). There is reference to it in the account of his court appearance given by Veronica Chapman by which time he was also embroiled in actions about non-payment of correct electricity charges and council tax at Bodenham Manor as well as his attempts to initiate actions against various people - oh and some motoring offences.

A lot of the minor issues hinged on whether Bodenham Manor was a residential or commercial property. Despite some evidence to the contrary which I posted earlier, GT alleged that the Manor had not been used for any commercial activity since 2005 and seems to have had a success at least the challenging the electricity charges. I would guess that he had less success with the Bankruptcy Order which led to the disposal of the minor properties.

http://www.fmotl.com/forum/viewtopic.php?f=36&t=8065

Cutting through all the BS that GT propagates, the next meaningful action was earlier this year when he appealed, apparently unsuccessfully, against (the same?) Bankruptcy Order as well as seeking to introduce all the other issues about the fraudulent loan etc. It was this hearing that paved the way for his eviction from Bodenham Manor in April

The following is an extract from a letter from David Fabb of Alpa Forensics, one of the "legal experts" helping GT. I claim no credit for the wonderful typing and spelling:

The hearing was, purportedly, for the Court to consider anApplication by Guy of The Taylql Family
for annulment/voiding of a patently false Bankruptcy Order made against him. Mr Taylor exhipited
good evidence that the "Trustee" in the case had no standing, being debarred by the SRA and f4w
Society Rules to practice as a Solicitor, and,thus, a Trustee due to his having a criminal recprd fpr,
among other of[ences, benefit fraud.
There existed another case within the Court in which Guy of the Taylor Family seeks reme$r
against Barclays Bank. In that case, good evidence was before the Court of serious comrption
within Barclays, whereby a named Manager had "manufactured" a circa f900K "loan" puroortedly
made to Thylor, additional to a previous, largely paid-off loan for a similar but lesser amouat. The
evidence seen by us suggests this is a further example of Bank Offrcials generating false, bogus
"loans" for the gain of the bank employees by way of commission incentive. This practice is
widespread and accounts for a part of the massive heist of moneys within the failed banking system
of this country.
Judge insisted, on the day, to consolidate the claims/hearings, contrary to proper practice.
We, along with some 25 or so citizens in the public gallery heard what can only be termed a
travesty of a hearing- a "kangaroo Court". The Judge, who had compromised himself in earlier
hearings, delivered what was clearly a pre-written (by whom?) judgment against the Applicant. He
airily dismissed protestations that neither of the Respondents, the bogus "Trustee in Bankruptcy"
nor the aliegedly corrupt bank manager, were in court and available for cross-examination.
Parties who WERE in court, included a well-known Barrister specialising in securing false
Bankruptcy Orders, 2 Solicitors from a prominent firm acting for Barclays and 2 unidentified
t'suits"


http://axis-of-truth.blogspot.co.uk/201 ... uy_15.html

Subsequent to his eviction, Bodenham Manor was sold, GT re-occupied it, he was evicted again and now is waiting trial on trespass charges.

Obviously GT is fighting these charges as well as taking out various private prosecutions and no doubt has other unspecified appeals and actions pending. However, everything that GT does is based on the fact that he doesn't owe the bank anything because the £904k loan was fraudulent, therefore the bankruptcy, eviction and everything else bad in this life is fraudulent too. I suspect this will run and run because GT has literally nothing to lose and at least some kind of living to be gained by maintaining his position as a leader of the "lawful rebellion".

I should just mention that his wife Linda has also been quietly following her own path as a free woman:

http://www.newstruth.co.uk/linda-and-gu ... -property/
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Re: Guy Taylor - The Magna Carta Man of the UK

Post by PeanutGallery »

It also occurs to me that we don't know if the estate Guy inherited came with any outstanding liabilities attached. There may have been outstanding mortgages on the properties included within the portfolio Guy inherited.

Guy has always been adamant that Bodenham Manor was paid for by his father in cash and without a mortgage. However that doesn't preclude other properties in the portfolio from having been mortgaged.

It certainly does seem that once Guy was handed the keys to his fathers financial kingdom he didn't know what he was doing (still doesn't) and this would have contributed to his downfall.
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Re: Guy Taylor - The Magna Carta Man of the UK

Post by littleFred »

Vin Sunday with Guy Taylor. at 51:05:
In 2007 when my father died I inherited property valued at about four million pounds which my father didn't have any debts on, he owned it all, he bought it all outright.
Of course it is possible that Guy was mistaken; perhaps there was a mortgage. Or perhaps his father paid cash for the properties but owed money elsewhere.

He continues:
I, at that time in 2005, was green as the grass about what was going on around us really, but anyway, I took out a loan for £824,000 against the security of £4m worth of property ...
(Incidentally, it is possible that his father died in 2005 and Guy didn't get possession until 2007. These things take time. Technically, the inheritance happens at the moment of death, but the paperwork can take forever. So the time-line I gave in my December 10 post above may be inaccurate.)

I think Guy and Linda Taylor live at Pear Tree Farm, Carey, HR2 6NG. There was an attempted eviction on 17 June 2014, but rent-a-mob attended. I haven't heard Guy say he his homeless. But he may no longer own any properties, nor be entitled to live in any of them.
Jeffrey wrote:Did he run the businesses he inherited into the ground or so far into debt the bank had to foreclose on everything?
I speculate that Guy didn't have a clue about how businesses operate in general or in this particular case. He found himself property-rich but (I speculate) cash-poor, and needing to pay inheritance tax. He had ambitions to renovate a property but needed cash for that. With that much security, the banks would be happy to lend.

£824,000 at (say) 10% pa is £6,900 per month. That is a big wodge of cash. Did the working pub and mini industrial estate bring in that income? I don't know. But it is a large burden. His intention was to pay back the loan by selling the renovated property. Did he have a good plan for this, including cash-flow projections, and did he stick to those plans? I suspect not. My impression is that he knew a few people who were handy with shovels and plaster-board and paint brushes. This could easily eat another £6,000 per month.

When the bank said they weren't getting paid, Guy charged them £100m. With such lack of cooperation, the bank had no choice but to foreclose.
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Re: Guy Taylor - The Magna Carta Man of the UK

Post by wanglepin »

JamesVincent wrote:
Normal Wisdom wrote: First time I had actually seen Veronica Chapman too. Explains a lot.
I wish that I hadn't seen it.
This may explain a bit more;
During this time she 'came out' (24/7) as the transsexual she had always been, and joined a local Bus Company as a Trainee in her new personality. She subsequently drove for over 3 years. She then worked as a Till Tart for almost 2 years
By the early 1990s she was being told that she 'knew too much' to be offered current programming work. Also she was in the forefront of the Anti-Poll Tax movement, and spent a period in prison as a result of her refusal to pay.
http://www.fmotl.com/VeronicazBio.htm
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Re: Guy Taylor - The Magna Carta Man of the UK

Post by PeanutGallery »

I've never heard of a computer programmer being turned down for 'knowing too much'. Given that it's the sort of working activity that rewards an individual for their knowledge and the application of that knowledge to solve problems.

I have a feeling that 'knowing too much' may be a slight exaggeration.
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Re: Guy Taylor - The Magna Carta Man of the UK

Post by JamesVincent »

Famspear wrote:
Dr. Caligari wrote:.....If anything, I think an estate tax is more justifiable than an income tax. Conrad Hilton worked hard and created great wealth, but was taxed heavily on his income. His daughter Paris did nothing to earn her fortune, but got it tax-free. How is that fair?
Umm.... because society is rewarding her for being so talented?

:)

EDIT: I'm sorry.

I will go to my room now.

:(
But just think of all the money she'll be taxed on for all her Number 1 songs...... (Wonder if the company that sold her sex tape had to pay royalties)
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