Posted on 11/05/2011 5:33:40 PM PDT by next media
"...John Christensen, director at Tax Justice Network said "You are definitely better off not being American" when it comes to offshore income.
President Obama’s historically low approval ratings have been attributed in part to the divisive class-warfare rhetoric he is known to employ. Critics say that not only does his divisive speech exacerbate problems in the US but large amounts of potential revenue are lost because of tax payers sheltering their income from excessive taxation..."
(Excerpt) Read more at usbcnews.com ...
There are those “dual citizens” who are sometimes unaware of the taxes they owe the US — at least according to an older article on FR. The amounts owed in that article were staggering.
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