If I say “Rats!”
Will the IRS audit me?
“The initial exchange was supposed to be with European Union countries plus nine other jurisdictions: Australia, Canada, Guernsey, Iceland, Isle of Man, Japan, New Jersey, Norway and South Korea.”
Also in Switzerland:
Switzerland Votes to Send People to Prison for Homophobia and Transphobia
http://www.freerepublic.com/focus/f-religion/3694026/posts
The council voted 118 for and 60 against to introduce a prison sentence for homophobia and transphobia. However, the motion still needs to be passed by the Council of States before it can become law. [snip]
~~~
More news in Digging Deep:
http://www.freerepublic.com/focus/chat/2636478/posts?page=2899
Does this mean they’ll disclose Nazi gold holdings to the German government?
THIS is why there is a demand for cryptocurrencies like BitCoin.
You can walk into dozens of countries around the globe...pay some lawyers and gov’t guys $20,000 and they will hustle up some new passport from their country, with ‘Yuris Bosky’ on it, and that’s the end of your Swiss bank secret account issues.
Obama set this in motion.
There was an American Jewish guy who also had a Swiss passport. He got accused of securities fraud by the US gummint but struck a deal:
“Let me off and give me non-extradition back to Switzerland and I’ll give you a verrrry long list of wealthy Americans with secret accounts in Switzerland.”
Swiss laws against this finkery were incredibly strict, that’s why he had reason to fear over what he was about to do. Banking secrecy was actually written into the Swiss Constitution, I heard.
The US gummint got their list, ultimately recovering much money for stupid social programs and far-off wars on behalf of other countries.
You know what happened to the fink?
Well, if you play a demonstrable role in the recovery of US tax monies, US law says you get at a little cut:
That fink got something over a BILLION dollars, in addition to not getting busted.
THAT is what first kicked this off. It started over 10 years ago.
Nazi Gold and Stolen Artwork were moved before this happened ?
Not a problem for me. I keep my tens of hundreds of dollars in my mattress. As long as I’m not flagged & inspected for tearing off my gubment mattress tags, I think I’m pretty safe.
Maybe we can get the info on the Marc Rich bribe.
There is no freedom without economic privacy.
Its a freedom issue, and its also a personal security issue. And its necessary when you become the target of generalized oppression, and most especially if that oppression is directed at you personally. People all over the third world know this, and Americans will learn this too late.
And now everyone in the world is a little less free. America needs to get rid of the inherently abusive income tax that shreds the 4th Amendment. The IRS routinely violates citizens’ 4th Amendment rights against illegal search and seizure without a warrant issued by a court upon probable cause and supported by oath and affirmation. IRS levies and seizures are unenforceable because the IRS is UNABLE AND UNWILLING to swear under oath that a law has been broken or that there is probable cause of a violation.
I predict an immediate run on Cypriotic and Rumanian embassies, as millionaires around the world rush to acquire Cypriotic and Rumanian passports merely in order to slap them down on Swiss bank counters when opening secret numbered accounts.
Regards,
Money will find a way. As someone wiser then me has said: “If Switzerland didn’t exist, we’d have to invent it.” Some other country will take up the banking secrecy that the Swiss once provided. Yeah, the US the Brits, The Euros will put the pressure on whoever is next, but someone will take up the mantle. The beauty of the Swiss banking laws was that you knew your money wouldn’t be appropriated by the the government or the banks themselves.
I guess this means that I’ll have a really big tax bill on my $12,345,678,900 savings account...
" — but gone are the days when well-paid European professionals could stash wealth across the border and beyond the prying eyes of their tax man [emphasis added]."
FR: Never Accept the Premise of Your Opponent’s Argument
Regarding the "big, bad" tax man, patriots are reminded that a previous generation of state sovereignty-respecting Supreme Court justices had clarified that Congress is prohibited from appropriating taxes in the name of state power issues, basically any issue that Congress cannot justify under its constitutional Article I, Section 8-limited powers.
"Congress is not empowered to tax for those purposes which are within the exclusive province of the States."—Justice John Marshall, Gibbons v. Ogden, 1824.
H O W E V E R …
Regardless that Pres. Trump has been doing a great job of draining the swamp, the corrupt, anti-Trump Congress continues to appropriate a “tsunami” of unconstitutional taxes like it has been doing since FDR established his unconstitutional social spending programs. Such unconstitutional taxing and spending is evidenced by the bloated Omnibus spending bill that Trump reluctantly signed earlier this year.
Trump Signs Omnibus Spending Bill: I Will Never Sign Another Bill Like This
The remedy …
Simply put, patriots need to finish the job that they started when they elected Trump president by doing what Pres. Trump cannot do.
More specifically, patriots need exercise their voting power to fire as many corrupt career lawmakers as they can in the 2018 midterm elections, replacing them with patriot lawmakers who will respect Congress's limited power to appropriate taxes as clarified by the Gibbons v. Ogden excerpt above.
And to make Section 8-limited federal taxes and Trump's vision for MAGA as permanent as possible, patriots will need to support their state lawmakers in working with Trump to repeal the 16th and ill-conceived 17th Amendments imo.
Is this the beginning of the end for Swiss banking....?