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To: NormsRevenge
There's this US$10 to US$16 TRILLION in assets owned by American citizens and companies sitting in offshore financial centers for income tax reduction reasons. Why aren't we figuring out a way to bring back all that liquidity to the USA, which would likely end the economic crisis almost overnight?
20 posted on 02/26/2009 6:13:29 PM PST by RayChuang88 (FairTax: America's economic cure)
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To: RayChuang88
Why aren't we figuring out a way to bring back all that liquidity to the USA, which would likely end the economic crisis almost overnight?

You can't keep slaves on the plantation if they have their own 'money', and 'rights', and 'freedom of speech'.

Our current leadership in government doesn't want a solution. That would stop the massive flow of money into their pockets.

24 posted on 02/26/2009 6:30:43 PM PST by UCANSEE2 (The Last Boy Scout)
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To: RayChuang88

Oh you missed it! The US govt got the Swiss banks to give lists of US citizens with offshore accts in their banks. Now whether Singapore, Bahamas or other offshores will do it remains to be seen, but I guarantee the Obama Admin will get a piece of that pie too, as they get them for income tax evasion...they are going for all of it...and are just beginning the money grab.


30 posted on 02/26/2009 7:00:55 PM PST by Kackikat
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