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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 445.60-10.1%Jan 30 4:00 PM EST

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To: KyrosL who wrote (48849)4/29/2009 1:50:47 AM
From: TobagoJack1 Recommendation  Read Replies (1) of 219944
 
just in in-tray, from 0.5 billionaire (well, at least as of end 2007 :0)

My biggest warning to all re tax is that the new game is to stop the runners. Think berlin wall, no man's land, and machine guns.

They want to keep the tax payers in at all costs. Once net around, it is a shame to loose the fish so to speak. So they will move quickly to pull up nets that are retro active , and prevent taxpayers from leaving without a very large exit / crystalization penalty

For the germans in crowd they are already very familiar with the penalties if try to shift from germany to switzerland.

For americans it is 5 years or more after leave that still an american for tax. Also will mean wealth tax , inheritance tax etc

Thru little tricks canada extending its net out 5 years for wealthy people. Ie if set up a trust 5 years within first 5 years of declaring non residence for tax purposes, that trust could be fully exposed to canada tax, of any link with canada ie beneficiary, assets etc.

Anyways name of game is tax more ! And the rich are easy targets as we move to the left and politicians want votes

Agree hk, switzerland and singapore. But even these will be under pressure from oecd. I am betting on hk for now.
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