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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: UncleBigs who wrote (56355)	3/21/2006 10:09:56 AM
From: FreedomForAll	Read Replies (2) \| Respond to of 110194

Libertarian philosophy is hard to find if you are a purist. However, if the bureaucracy is limited enough you can enjoy most of the freedom without the written philosophy. We already know that laws can be less than effective even when they are as clear cut as the US Constitution... when the political class is unchecked by individual action. Panama City, Panama, has a lot of advantages... unless you need a job. The pay scales are very low and non-citizens can't get jobs except in specific instances (like a unique skill.) However an independent businessman can make a good living there, and the infrastructure is better than most of the US, so internet businesses can thrive. Panama has no income tax on money made that is not local, so that can be a great incentive. There is a free trade zone on the Atlantic end of the canal zone, too. The cost of living is low, and there are special programs for expats on a pension (discounts on everything.) There are 10-20 year real estate tax breaks on new construction homes and on tourist business buildings, too. Even without those breaks you won't see $11,000 a year real estate taxes unless you have a property worth millions. High rise condos with ocean view go for as little as $50 per square foot in Panama City...but you can pay more for more luxury if you wish. Panama is out of the hurricane belt, too. Medical care is first rate at 60%-70% cheaper than in the Georgia, 80%-90% less than in CA, NY, DC. I had dental work done for 70% less than in Georgia and the dentist was the best I have ever had (and I have a mouthful of crowns so I know the drill... pardon the pun.) Maid and gardener service ... as low as $200-$300 a month for each, if that appeals to you. The downside... you have learn to speak Spanish or you won't really enjoy the culture there. Other options... Uruguay has cheap oceanfront property with no hurricane threats, and if you like the city, Montevideo is a beautiful place with first world infrastructure. Plus you can have a weekend in Buenos Airies Argentina too ... its a $50 airfare away. I am also looking at some areas in the Caribbean, but I won't have a report on that until later this year. I'd love to hear other alternatives, too. Freedom

To: UncleBigs who wrote (56355)	3/21/2006 10:15:41 AM
From: Jack of All Trades	Respond to of 110194

UB, at onetime NH had the largest Libertarain per capita, not sure of that anymore with all the Mass liberals moving into the state. Northern NH is still very conservative vs southern NH. But it's for the faint of heart, -20 in the winter...

To: UncleBigs who wrote (56355)	3/21/2006 12:06:34 PM
From: John Vosilla	Respond to of 110194

Bigs did you know RE taxes are 3% in Texas and surcharges at the airports on rental cars down there run up to 50%? Yet here I see our president, who was governor of that state for six years, talking about tax cuts on the federal level. Seems like nothing more than redistributing of taxes to the masses on a state and local level while the super rich are the only beneficiaries..

To: UncleBigs who wrote (56355)	3/21/2006 2:50:28 PM
From: kris b	Respond to of 110194

Anyone have any ideas? $11,000 per year property taxes like Mish pays is fairly close to communism in my opinion. UB, not even close. In communism they confiscate 99% of what you make and let you keep 1%. But if you run a small business (capitalist pig) or any other privet enterprise they will ask for more then 100% of what you make. Then if you manage to accumulate, against all ods, any wealth, they will have a special one time (repeated every few years) confiscatory tax on your assets. To add insult to injury, if you pay it on time they will give you 5% rebate on your own money. This is communism.