A study cites the “confusing complexity” of the US tax code and “bait and switch” tactics used by the IRS to lure in victims behind on “payments” as the primary two reasons for the uptick in permanent expatriation.
January 30th, 2012 | Joel Bowman | 0 comments | ContinuedAll Posts Tagged With: "IRS"
FATCA, Defense Bills and Our Dwindling Freedom
“Poor America…” writes a French friend. “It’s not the land of the free anymore. Now, it’s the land of slaves.”
The FATCA law (Foreign Account Tax Compliance Act) will force banks across the globe to collaborate with the IRS. Here’s an explanation of the huge repercussions this legal precedent will have on banks and banking clients…
December 20th, 2011 | Bill Bonner | 6 comments | Continued
The Tax Window of Opportunity
Historical income tax rates reveal grim days ahead for US taxpayers. The federal income tax began innocently enough, in 1913, by imposing a 7 percent levy on the top bracket…
April 19th, 2010 | Vedran Vuk | 0 comments | Continued
Dodge Taxes Legally… Become Treasury Secretary
In the biggest stock sale of his life, former Treasury Secretary Hank Paulson didn’t pay one dollar of capital gains tax.
March 4th, 2010 | Ian Mathias | 0 comments | Continued
