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To: Candor7
Make a ta pan, liquidate your accounts, buy land with it,and / or get establish perfectly legal accounts off shore which are not subject to direct US regulation.

Obama didn't end off shore accounts he won't find and tax?

This GVMT action could virtually destroy anyone retired,right?

64 posted on 01/03/2010 4:53:00 PM PST by OafOfOffice (Constitution is not neutral.It was designed to take the government off the backs of people-Douglas)
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To: OafOfOffice
Obama didn't end off shore accounts he won't find and tax? >>>>>>>>>>>>>>>>>>

No. Obama sent the IRS after Swiss numbered bank accounts on which Americans had not paid taxes. having an off shore account is perfectly legal, as long as you declare your income, pay taxes on it, and inform dept treasury through form Form TD F 90-22.1 of the existance of the account ( filed with Treasurey Dept, not IRS, only takes 5 minutes to fill it out.) http://nestmannblog.sovereignsociety.com/2009/04/foreigners-in-or-doing-business-in-the-usa-get-ready-to-bare-your-financial-soul.html

74 posted on 01/03/2010 5:18:02 PM PST by Candor7 ((The effective weapons Against Fascism are ridicule, derision , truth (.Member NRA))
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To: OafOfOffice

The IRS just recently hired “hundreds” of new agents to go ‘wealth hunting’ and also, many offshore account holders were offered ‘amnesty’ to come ‘forward’.

To me, a lay person, it sounds like no matter what you do, where you go, this traitorous administration will find your funds or change the rules so drastically, that you will be SOL if you try to pull any. Gold/Silver at this time sounds good but if they can succeed at this, it sounds like they will be able to do just about anything...i.e. outlaw precious metals etc...


97 posted on 01/03/2010 8:00:59 PM PST by Outlaw Woman (If you remove the first Amendment, we'll be forced to move on to the next one.)
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