The Super Rich Dodge Taxes Around The World, page
Pages:
ATS Members have flagged this thread 0 times
Topic started on 30-1-2012 @ 07:12 AM by Infra_red
I've just watched a segment on BBC that didn't shock me but did remind me that there are those that are well above government whose names don't get broadcast over the news and will never be published. After watching this segment on BBC and hearing their expert say in his own words that the real super rich aren't tied down by companies to any one country and can hop around the globe dodging taxes, I can't find it in myself to have faith that the world's financial situation is going to get any better for the common person. They even say that these people are above government so my question is how could these people ever be held to law? Does there need to be a global policy to collect and would that constitute a global government which is something that most of us (at least here on ATS) don't want?


reply posted on 30-1-2012 @ 08:15 AM by Infra_red
reply to post by freethinker123


I understand what you are saying but I'm not talking about tax havens. From what I understood of the segment, these people actually move from country to country where monetary policies are more favorable exploiting any and all loopholes. Since they have no real allegiance to any one country, there seems to be no real law to govern them. Look at some of the prices on the real estate, 212 euro for a flat downtown? These people can just pack up their private jet and go if they pleased with no consequence.



reply posted on 30-1-2012 @ 08:30 AM by ProRipp
reply to post by Infra_red



'I can't find it in myself to have faith that the world's financial situation is going to get any better for the common person'

You see the basic error in this statement is that you THINK your a 'person' !
Look up the meaning of 'person' in Black's Law 3 (if memory serves me)
and your statement should have read....

'I can't find it in myself to have faith that the world's financial situation is going to get any better for the common man'

Peace
edit on 083131p://01America/Chicago30 by ProRipp because: (no reason given)



reply posted on 30-1-2012 @ 05:51 PM by Infra_red
Originally posted by ntechWhat's so virtuous about paying taxes?


Paying taxes is what supports rule of law and if you don't care for it then you must be on the side of a Mad Max scenario. Some tax has to be collected in order for utilities to run, public servants to be paid, public construction to be maintained, etc. Now you can have all the money in the world but without taxes to pay a public servant, who will stop the fire at your neighbor's house from burning yours down as well? Or, what about the armed gangs who see that you have way more than everyone else and decide that they want all of what you have?
All I'm saying is that everyone needs to pay their fair share if they like benefiting from the services that taxes pay for. Those super rich use public servants every time they get in their private jets to avoid paying taxes because the FAA or whatever administration presides over flight safety where they left from made sure it was safe.
Pages:     ^^TOP^^



Bill C-38 protest has 13,000 websites going dark
  Posted 1 days ago with 53 member flags
Do I have freedom FROM religion?
  Posted 4 days ago with 36 member flags
Is this the only politician in europe that is not blind?
  Posted 4 days ago with 8 member flags
What The Founding Fathers Thought About Corporations
  Posted 12 days ago with 6 member flags
Newsweek Cover: \'The First Gay President\'
  Posted 17 days ago with 4 member flags
Westboro Baptist Church
  Posted 14 days ago with 4 member flags
Police Pursue 4-Year-Old for Overdue Library Book
  Posted 15 days ago with 3 member flags