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Offshore 'Tax Havens' of The U.S. Corporate Elite

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posted on Apr, 4 2009 @ 01:17 PM
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This is quite interesting, especially in the aftermath of the recent G20 summit.

Cracking down on secretive tax havens and regulating bank CEO's wages...

Wait I thought this G20 was the 'elite'...or at least in the pockets of the 'elite'

Well now I'm confused, they're going to crack down on themselves??






posted on Apr, 4 2009 @ 01:58 PM
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Originally posted by Bejing
reply to post by ll__raine__ll
 


No. I'm for no bailouts and no corpoate or individual income tax. I am of a consumption tax and a small government that protects us.


A consumption tax hits those with the least income the most so it is no fairer than the current system.

We actually need to tax any money earned that is not spent, with some exemption for savings at a decent level. We also need to go a flat corporate tax as a % of sales. Somewhere in the range of 2-3%. It would be much harder for anyone to evade the system.



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