Lawyers, Laws & Taxes

Think You Live in the Freest Country? Think Again…

In 1883, poet Emma Lazarus wrote these words as part of a sonnet to raise money for the construction of a pedestal for the Statue of Liberty. The text of the sonnet, “The New Colossus,” is now mounted inside the pedestal’s lower level.

4 Totally Legal Reasons to Use An Offshore Structure.

Their reaction was entirely predictable, once again equating “offshore” with “tax evasion,” “money laundering,” and other criminal behavior. A typical headline was “Giant Leak of Offshore Financial Records Exposes Global Array of Crime and Corruption.”

What if Negative Interest Rates are the New Normal?

Last year, German savers with more than €100,000 in their bank accounts woke to the news that they now faced a 0.4% annual charge. Central Bankers brought in negative interest rates, and the banks helped themselves to a slice of customer savings to cover the cost. There was no warning, it happened overnight and those impacted had no recourse.

What Would The IRS Do If This Happened To You?

In case you are wondering, this isn’t exactly a new problem. Back in 2001, former Department of Defense Secretary Donald Rumsfeld made this astonishing admission:

The Rising Cost of Saying Goodbye to the US

Whatever you call it, getting on this list makes you an enemy of the state — in an instant, you are blacklisted.

They Are After Your Cash (And If This Happens They Will Get It)

If the IRS has its way, cash will be a thing of the past. In its place, every transaction will be digital, every purchase will leave a footprint. And it will tell your story — where you go and what you buy while you are there.

How You Pay for Their Lies with Your Rights

In the vast majority of cases, you won’t be arrested or detained. Agents will simply give you a receipt for your seized cash, and send you on your way.

Who Killed Our (Kids’) American Dream?

The US government continues to play games with our economy, wreaking havoc on the housing market, and destroying our American Dream. Perhaps it’s time to make a Plan B.

I Told Them So (And They Hated Me For It!)

In my mind, some things are so obvious I don’t understand how everyone doesn’t reach the same conclusions I do.

What Do You Mean, Costa Rica Has No Capital Gains Tax?

A gain is when an appreciating property you own, like a piece of real estate, a share of stock, or a bond, increases in value above what you paid for it. What you paid for it is called your “basis.”

You’re Likely Committing a Crime Right Now

Do you own a dog? You could face six months in federal prison If you walk it on federal lands on a leash longer than six feet in length.

How the IRS Beat Up the Constitution.

“Pleading the fifth” (amendment), is such common chorus in American culture, it’s near cliché by now. We hear it on television, from every tv cop to the real-time reports on testimony from gangsters, disgraced bankers and bureaucrats alike.

Judge Rules FBI Can Hack Your Email (Here’s How You Can Stop Them)

Is it a Congress hell-bent on closing all loopholes left to US citizens grasping for privacy?

The Taxman Can’t Do Math

Last month, lawmakers in Massachusetts approved a constitutional amendment that will lead to the departure of many of the state’s wealthiest and most productive citizens. This move is likely to cause tax revenues to drop and real estate values to collapse.

The Triviality Of Terrorism

In the general scheme of manmade disasters, terrorism is trivial. That’s not even debatable, as I’ll itemize below. Westerners who’ve been consuming televised fears for 15 years straight may object, but fear has nothing to do with truth… and very much the opposite.