|Posted: July 23, 2009, 9:45 pm - IP Logged|
that is genius!...
i really trust the soundness of the British Honduras financial institution enough to put all of my money into the former breakaway colony of GB.
and you are clearly in the wrong as even the financial giants like UBS and other Swiss institutions are getting bullied by the US Treasury Dept, what makes you think the govnt. of Belize wont be bullied into coughing up names of the american account holders?
all the safe havens are being choked off by the pressures of all G20 nations.
now even france is scorning switzerland to give up thenames of those who are avoiding taxes. and it goes for many microstates in the continental europe.
better just to pay the 35% to uncle sam and avoid the headaches, tax penalty, and jail time.
pay the tax and just index your money to the S&P. thus you've done your duty as a citizen and you will recoup whatever you paid in taxes in couple years.
and above all, your mind is at peace.
also...what you proposed is not that simple.
so you declare bankruptcy in the states, then how are you going prove where you got your posessions? when your expenditure clearly exceeds your income.....