In a move almost destined to prove that laws and policies have absolutely zero meaning, the European Union released a list of ‘tax havens’ last week… with a massive, giant, highly conspicuous omission.
The blacklist contains the names of the usual suspects – Panama, United Arab Emirates, etc., along with a few additions like Mongolia and Marshall Islands.
But, again, conspicuously missing from this list is far and away the biggest tax haven in the world – none other than the United States of America.
It’s hard for US taxpayers to imagine the Land of the Free being a tax haven.
Americans are taxed heavily on ALL of their income, no matter where in the world they live.
Americans are taxed when they earn, when they save, when they spend and when they die.
This post was published at Sovereign Man on December 13, 2017.
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