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1 posted on 09/29/2014 6:56:32 AM PDT by Kaslin
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To: Kaslin
I love the topic, in no small measure because it affects me. In discussing this with people in the USA it's been eye opening for me. I always figured lefties wouldn't see anything wrong with taxing my profits made outside the country, because they don't think the profits on my personal property that I put at risk are mine ("you didn't build that"). They have been pretty consistent in that thinking.

What has surprised me is self proclaimed conservatives also believing profits made outside the country should be taxed because my initial capital came from profits inside the USA and I am a citizen of the USA. It really has confirmed for me that the politics of envy dominate both sides.

What people don't seem to understand is that as more barriers are created to impede moving capital outside the USA the more likely investors and businesses are to see that they need to do it. A govt that is limited in power can't stop free markets, or destroy property rights. However, the trend in the USA is towards collectivism in which just the opposite is occurring.

2 posted on 09/29/2014 7:31:50 AM PDT by wmfights
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