RE: get your money out of the country before your country gets your money out of you.
Thousands of the “rich” Americans did just that and placed their money in Swiss Bank accounts.
Did them little good. In fact it made them target for IRS prosecution.
The Swiss simply folded to the IRS and revealed their accounts.
Romney had part of his money in the Caymans. The newspapers outed it anyway.
“Thousands of the “rich” Americans did just that and placed their money in Swiss Bank accounts.
“Did them little good. In fact it made them target for IRS prosecution.
The prosecuted ones are the ones who did not report their foreign holdings. It is not illegal to have a foreign bank account or brokerage. You must report it. They did not. RINOmney did.
The government has no problem losing money on Bank and GM bailouts then hitting up the taxpayer for the money. I am surprised no one has figured this out. The Bankers are taking over the country and our pocket book.