Luxembourg Leaks: Tricks of the Trade

originally posted by: SLAYER69
a reply to: theultimatebelgianjoke


Interesting.

Luxemburg has consistently had one of the highest standard of living in the Eurozone.

Linky

Which further suggests more than anything (especially when you look at the tax rates of the next few nations) that tax rates have no impact on standard of living.

Edouard Perrin, French reporter, charged for role in Luxembourg tax-scheme leaks

The Royals of Luxembourg are known not only to hide financial tricks , but also underground facilities where they keep homeless and they hold young slave prostitutes hostage for the ruling elite.

Together with the Norwegian royals family the Luxembourg black nobility of the Grand Duke and all the rest of the court also are involved in criminal rings related to pedophiles and other trafficking. Drug trafficking, slave trading and all other kind of criminal activities are the main enterprise that keeps the Luxembourgish and Norwegian oligarchy active on all spheres of political blackmail and control over the minions running wild around Europe.

AH those leaks are jokes. The royals and government of Luxembourg widely support child soldier gangs in South America, Africa and the has done so in the Balkans for many years during the conflict of the 90s

originally posted by: theultimatebelgianjoke
a reply to: EA006

Taxes are not bad, they are necessary to make sure one nation gets the financing it needs to make sure it is not just an empty shell.
I don't want to bring the debate if taxes are used wisely or not, it is not the point here.
It's just that since taxes are necessary for one's country existence, if the taxes are eluded by massive corporations in this way, the state has to make sure it gets his money from where it still can get it : the small taxpayers.

From the reserch I've done I've learned that the only thing that stops any countries government from creating their own money for their own uses, then our taxes would only a fraction of what we now pay. The only thing that stops any government from coining their own money is that corrupt politicians have over time handed over this power to their mates in the banks.

Its becoming more widely known these days that banks create money out of thin air when they create a credit account. Australia was basically built from the end of WW2 to the mid 1970s. The Commonwealth Bank was run by a banker who knew how to create money out of thin air.

All it takes is or the treasury to sign a bill of exchange and take it to the bank and the bank would create the money and give it to the Govt to spend into the economy.

Note that Australia did not have an income tax system until WW2 when a "one off" tax system was implemented and of course we know what happened after that.

One might choose to read this short book:

The Remarkable Model Of The Commonwealth Bank Of Australia - by Ellen Brown.

a reply to: theultimatebelgianjoke

Yeah about that...it's a trap.

I believe it's the EU's new business model. The anti-trust billions that keep flowing in are financing a lot of nice stuff here and I'll bet you anything those 340 companies can expect a nice little bill for back taxes.

Peace

Luxembourg is now busy covering up its financial involvement of NATO pigs periodically recurring bombings of Syria.
Not that these bombings have any real effect on the ground, but NATO still does that as a provocations expecting terrorists to advance somehow. This of course won't happen, because anywhere they advance, they would be hit by missiles in a matter of hours.

The tricks of the trade for Luxembourg is the direct involvement of the Grand Duke and the royals in the great drug wars in Afghanistan. Full economic and moral support for poppy cultivation is one of the foundation of EU states and royals ...