Sooooooo, let’s see if I understand this correctly.
If one earns $100 and pays the US taxes (income, payroll, unemployment, maybe HC, etc.), which is about 40%, $60 are clear.
When one sends the $60 to a bank account abroad, 30% of it, $18, is held by the government resulting in $42 reaching that account. Deduct currency conversion/fees/etc. and that person will be “lucky” to have $40 worth out of the taxed $100 he/she earned and paid IRS taxes on it already!
IOW, one pays 60% minimum, depending on the person’s tax bracket.
Soros shouldn’t be happy about this. Oh, wait a minute, it’s his agenda not 0kaka’s; therefore, a patriot like Soros must be exempt from this progressive plague.
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“Soros shouldn’t be happy about this. Oh, wait a minute, it’s his agenda not 0kaka’s; therefore, a patriot like Soros must be exempt from this progressive plague.”
Soros has owned businesses in Bermuda, and elsewhere for years. He hides his money in a chain of corporations.