“…they promised unspecified sanctions would be taken against tax havens that did not agree to share tax information.”

Apr 2nd

“…they promised unspecified sanctions would be taken against tax havens that did not agree to share tax information.”

Posted by PCI | In: Stocks and Forex

Two key points on this:

1) Switzerland — this is an OBVIOUS hit on Switzerland; maybe there is angst because CH has not joined the EU, preferring to not share its wealth, preferring to remain independent?

2) Any of these people who are all upset about “tax havens” are masking the real tyranny that they themselves have as an underlying assumption: confiscatory taxation!!! Why is there a presumption that it is OK??? No free people should tolerate it…our Founders didn’t. That is the turning point of the American nation — the 16th Amendment, supposedly ratified in 1913, gave Congress a blank check and authority to reach into our pockets at will.

What’s even more interesting, is that the 16th Amendment MAY NOT HAVE EVEN BEEN VALIDLY RATIFIED!!!

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Technorati Tags: 16th Amendment, American Nation, Assumption, Blank Check, Congress, Founders, Free People, Pockets, Presumption, Sanctions, Share Information, Switzerland, Tax Havens, Tax Information, Taxation, Turning Point, Tyranny

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