The Mudcat Café TM
Thread #99746   Message #2065446
Posted By: Dickey
31-May-07 - 11:17 PM
Thread Name: BS: Poverty in the USA
Subject: RE: BS: Poverty in the USA
"the fact is that the upper 1% are hiding tens of billions offshore" Please explain that fact Bobert.

"legal" off-shore hiding of taxable income be made "illegeal" If it was legal, why would they have to hide it? Does not compute.

It is already is illegal to hide taxable income off shore, in a mattress, anywhere. Where did this fairy tale come from? You spout this crap without even checking to see if it is true. You don't even care if it is true. You are not concerned with the truth. You can't recognise the truth.

"Making investments or doing business internationally is legal, but numerous schemes have been devised in which the true ownership of income streams and assets has been hidden or disguised using offshore activity, which is not legal."

No Bobert, I am way far below that 1%, probably where you are at. I just don't believe in class warfare like you do. It is easier to solve problems by blaming them on someone and demand they fix it. McDonalds made me fat for instance.