How The Rothschilds Made America Into Their Private Tax Fraud Backyard

"Ah, the rich irony: years after Obama single-handedly destroyed the secrecy-based Swiss banking model, the U.S. itself has taken over the role of the world's biggest, if no longer very secret, tax haven, and the epicenter is this modest Nevada city located next to lake Tahoe, which has become the favorite city, if only for tax purposes, for such names as Apple and the Rothschild family."

http://www.zerohedge.com/news/2016-...made-america-their-private-tax-fraud-backyard

 

Ironic or premeditated?

 

Helpful for USD reserve status. Also helps NSA track global tax evaders...

 

The writer of that news article, Tyler Durden, should be given a journalism award! (Pulitzer Prize, OJA, ...)

 

Ya, that's something else, isn't it.

 

Tyler Durden is a character from the movie Fight Club.
American hypocrisy I suppose, people still crack jokes about Swiss bank accounts meanwhile...

 

%%
Interesting article, but bit of a stretch, gas + almost all carries some kind of tax.And that was the feds that passed tax free muni bonds law ............................About 5 states have NO income tax.Thanks

 

This dovetails with some very long articles written in the NYTimes a month or so ago about real estate in New York and soCal. It seems a very large chunk of this money is going into real est in these two locations. With layer after layer of companies and trusts, it's impossible to tell who owns properties. Even when a particular piece of real estate is breaking local laws re construction or something else, nothing happens and they can't make the illegal activity stop because they can't find the real owner. I know it sounds bizarre, but that's exactly what is reported as happening.

What caught my eye was the following piece from the article:

"Putting his assets into a Nevada LLC, in turn owned by a Nevada trust, would generate no U.S. tax returns, Penney wrote. Any forms the IRS would receive would result in “no meaningful information to exchange.."

I would really like to know more about how that works.

 

In general US law taxes gains or income, so why would you expect assets, regardless of where stored, to generate tax revenue? This whole "controversy" is entirely manufacturered as far as I can tell.

 

Because most every asset except owner occupied real estate generates revenue.