Author Topic: How the 1% escapes the tax man...  (Read 718 times)

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TM7

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How the 1% escapes the tax man...
« on: April 01, 2013, 04:32:06 AM »
fyi...this is how you do it.........TM7
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 How 1% asset-holes’ offshore tax havens hide $21 – $32 trillion
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 Posted on March 31, 2013
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Examiner – by Carl Herman
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McKinsey Chief Economist James Henry leads explanation in this brilliant 53-minute video tour of how the 1% hide $21 to $32 trillion in tax havens. The US top seven banks hide over $10 trillion, many top US corporations claim income losses, while the bottom 90%’s tax burden increases – in part to pay top corporations’ tax refunds.
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Only the middle class and poor pay taxes.
Since 1966, inflation-adjusted annual income for the bottom 90% of Americans increased just $59, while the 1% increased income average by $625,000, and the 1% of the 1% increased average incomes by $18,700,000 per year.
Our choices seem to be only two:
 
 The video is from Taxodus.
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[embed=425,349]http://youtu.be/d4o13isDdfY[/embed]

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http://www.examiner.com/article/video-how-1-asset-holes-offshore-tax-havens-hide-21-32-trillion?CID=examiner_alerts_article

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Re: How the 1% escapes the tax man...
« Reply #1 on: April 01, 2013, 05:36:17 AM »
the rich  people hire people to read and follow the law  to save money
they  even contribute money to those that write the law


the poor  just whine and cave into their vices and spend money as fast or faster than they make it
when drugs are outlawed only out laws will have drugs
DO WHAT EVER IT TAKES TO STOP A DEMOCRAT
OBAMACARE....the biggest tax hike in the  history of mankind
free choice and equality  can't co-exist
AFTER THE LIBYAN COVER-UP... remind any  democrat voters ''they sat and  watched them die''...they  told help to ''stand down''

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