It’s no secret that governments tend to be fond of passing laws that obligate their citizens to the government.
An article by Jeff Thomas, feature writer for Strategic Wealth Preservation, Doug Casey’s International Man and 321gold.com Traditionally, inflation has been defined as “an increase in the amount of currency in circulation.” Such an increase almost always causes an increase in the cost of goods and services, since, more plentiful currency units lowers their rarity,…
By Jeff Thomas, featured writer for Strategic Wealth Preservation, Doug Casey’s International Man and 321gold.com Theft is defined as “the taking of another person’s property or services without that person’s permission or consent.” Almost invariably, governments pass tax laws and set tax rates without any consultation with the citizenry. Further, no final approval is sought…
Income tax was first created in England to pay for the Napoleonic wars (maximum – 10%) and was raised in World War Two to a maximum of 99.25%, again to pay for warfare.
Additionally, the world is looking at large-scale, international economic collapse in the relatively near future. What part will this play in the OECD’s efforts?
The image above may be considered by some as unfair, as it suggests that a direct taxation is a form of robbery.
Benjamin Franklin famously said, “Nothing is certain except for taxes and death.” He was correct, but the level of tax can vary greatly from one country to the next.
America has begun a rebellion that may evolve into a war of sorts, yet this war would not be as straightforward as the War for Independence. This war would be quite the opposite – a War for Dependence.
Not surprisingly, as I’m called upon frequently to counsel investors seeking advice on their international diversification, one of the most oft-asked questions is why my principle country of residence, the Cayman Islands, is so uniquely advantageous.
The Race Against Time – Precious Metals International, Ltd.
An article by: Jeff Thomas.