« previous next »
  Go Down

Author Topic: $21 trillion held in offshore havens  (Read 1310 times)

Online walkstall

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 25835
  • Gender: Male
  • WYSIWYG
$21 trillion held in offshore havens
« on: April 05, 2013, 04:05:56 PM »
I wonder how many are from the U.S.   :popcorn:


http://www.cnbc.com/id/100619555?__source=xfinity|mod&par=xfinity
Logged
A politician thinks of the next election. A statesman, of the next generation.- James Freeman Clarke

Politics is supposed to be the second-oldest profession.  I have come to realize that it bears a very close resemblance to the first.  ~ Ronald Reagan ~

Always remember "Feelings Aren't Facts."

Offline TboneAgain

  • Hero Member
  • *****
  • Posts: 4407
  • Gender: Male
  • Alex, I'll try "THINGS ONLY I KNOW" for $200.
Re: $21 trillion held in offshore havens
« Reply #1 on: April 05, 2013, 05:24:48 PM »
I wonder how much of it is held by US Democrats.

I blame NO ONE who takes advantage of the ridiculous loopholes written into the tax code. I would be quicker to blame you for NOT taking advantage of the OBVIOUS GAPING HOLES in the tax code. Using the loopholes is smart. Not seeing them means you're stupid.
Logged
The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people. -- Tenth Amendment to the US Constitution

Government is not reason; it is not eloquent; IT IS FORCE. -- George Washington

Online walkstall

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 25835
  • Gender: Male
  • WYSIWYG
Re: $21 trillion held in offshore havens
« Reply #2 on: April 05, 2013, 06:08:33 PM »
Quote from: TboneAgain on April 05, 2013, 05:24:48 PM
I wonder how much of it is held by US Democrats.

I blame NO ONE who takes advantage of the ridiculous loopholes written into the tax code. I would be quicker to blame you for NOT taking advantage of the OBVIOUS GAPING HOLES in the tax code. Using the loopholes is smart. Not seeing them means you're stupid.

LOL I am with you.  But I don't think all that is from loopholes. 
Logged
A politician thinks of the next election. A statesman, of the next generation.- James Freeman Clarke

Politics is supposed to be the second-oldest profession.  I have come to realize that it bears a very close resemblance to the first.  ~ Ronald Reagan ~

Always remember "Feelings Aren't Facts."

Offline supsalemgr

  • Hero Member
  • *****
  • Posts: 13178
  • Gender: Male
Re: $21 trillion held in offshore havens
« Reply #3 on: April 06, 2013, 05:06:15 AM »
Once someone has earned their money and paid the appropriate taxes it is their business where they invest what is left. There is no obligation to keep the money in the USA where it is subject to additional taxation. If we would change our laws to benefit folks to bring their money into the USA we would see more economic activity which leads to increased tax revenues. However, this line of thought exceeds the ability of democrats to comprehend.
Logged
"If you can't run with the big dawgs, stay on the porch!"

Offline simpsonofpg

  • Hero Member
  • *****
  • Posts: 826
  • Gender: Male
Re: $21 trillion held in offshore havens
« Reply #4 on: April 12, 2013, 05:42:54 PM »
If it is not against the law I don't care. I understand that the biggest number of new milllionaires come from China.   They learn really quick over there and we have handed it to them on the proveribal silver platter.
Logged
The Golden Rule is the only rule we need.
  Go Up
« previous next »
 
Powered by EzPortal