Posted on October 8, 2012 by Tim Posted in Issues regarding US persons abroad 5 Comments Unfortionately, it has nothing with FATCA or non resident filing. I just thought some would to like see and hear who his is. http://video.cnbc.com/gallery/?video=3000100085 Share this:TwitterFacebookEmailLike this:Like Loading...
Look what the Greek tax collector thugs are doing to those who resist government theft of 23% VAT on restaurant food sales:
But here is the really relevant quote:
Extraterritorial taxation, coming soon to your government slave neighborhood.
Confederate, “those” in your quote probably means Greek residents that have untaxed billions abroad. In every country I go to, there are always mega rich people who fit into this category.
I’m already a tax slave where I live. I just accept that as a fact of life. We can’t get a lifeboat and live forever in the middle of the ocean. Governments will forever lay claim to our productivity. The complaint of most people on here, I bet, is that we don’t like the stress of having 2 governments lay claim to our productivity. It’s already bad enough with just one!
Confederate’s Greek article shows that even VAT is a coercive tax (in Canada HST)–which authorities enforce at the point of a gun. All taxation is force and violence.
@geeez: How high could your income taxes go before you no longer “just accept that as a fact of life“? If you listen to the progressives then as long as thier beloved state deems it “fair” you can be taxed at 99.99%.
Those Greek shipping magnates can “live forever in the middle of the ocean” and probably do. Syriza is the new Greek party that many on the left are calling Nazis so if I was Greek and heard them say “we will take them” I would be worried. In any case I’ll bet all those Greek “billionaires” have set up residency in Monaco or somewhere else more hospitable to capital (some are probably regretting their association with the US).
Just as with Obama’s rhetoric about “asking the rich to pay a little more” we know that these western governments have their sights set on a lot smaller fish than those whom they are currently demagoging. The upper middle class have a huge aggregate wealth but not enough wealth individually to protect themselves from the thieving state through politics or the legal system.
Here is an interesting article about Beer v. United States where:
Another crass example of the ruling elites exempting themselves from the punishment they are meting out to the rest of the tax slaves.
This has a lot to do with non-resident filing. Mr Matthews’ interview highlights the fact that the IRS is collapsing under the weight of what congress wants them to do and that security breeches and mistakes are a concern in what they’ve been mandated to enforce. It’s been 10 months since we’ve made our OVDI submission. The only communication we’ve received from the USG is from Treasury telling us that they’ve rejected our PLR and are kicking it over to OVDI. This could indeed be a very long wait.