Quote from EMRGLOBAL:
Individuals are basically screwed. A multi-national can establish a presence in a foreign country by simply registering to do business. They can open up bank accounts and sweep funds in and out of the US and transfer property. Not so easy for individual people.
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Bullshit. If you are an entrepreneur, own your own business, work for your self, this does not apply.
I can set up my record label in Lichtenstein as a foreign company and bank over there, paying zero US TAX.
I could take my consulting firm and "incorporate in" Costa Rica, and have the same rights as a Multi-National company, just not the juice of political power such Multi-nationals have.
So, instead of bitching about this shit, start a business. Play the game by the rules but learn the rules. Otherwise, yes, if "you" are working as a "Employee" of a Company and all "you" are a citizen who pays the Tax Man on wages you earn from that Employer....your FUBARED. But it's "your" choice to be W2, nobody held a gun to "your" head and said "Work for the Man".
Problem with American.... every one wants everything for free. Nobody likes to take the risk to find a way to create their own "Business". Most people are too lazy or they have to much fear of failure. Yet, they fail in their W2 position all the time but the illusion of safe and consistent "Payck" keeps them bitching and enslaved.
Every one wishes they can take a little pill like in the movie LIMTLESS and tap into "Freedom". Problem is, 90% of American's live beyond their means in debt they will never pay and thus, can't break the chains of "Slavery" to venture out on their own.
It was their choice to enter into Slavery....