Tax Havens: Myths vs. Facts

irishimp2 Says:

Jun 15, 2009 - I was speaking of Theodore not Franklin D. And stand by my earlier comments.

irishimp2 Says:

Jun 15, 2009 - Whether you mention figures or not the truth still remains the same. Most youth are simply used by the left in their statistical misquotations to score points that they could not win in reality. In reality no individual is deprived of medical care in the United States whether he/she can afford it or not.

odalrich Says:

Jun 19, 2009 - You're a market fundamentalist. Economic fundamentalism, introduced in the early 1980's by the Chicago School, has now been undermined with the current financial crisis that has affected the real economy.For you the crisis is due to "market failures" and your solution is "more market" so if I'm not mistaken, you're trying to intrduce the Austrian School, another fundamentalist thought. No more experiments. The economic model must adapt to human needs and not humans to economic needs.

Boethius51250 Says:

Jun 19, 2009 - First you attack the Chicago School, which I can't disagree with too much, but then you attack the Austrian School. You completely ignored my argument on the Austrian School's explanation for the business cycle and for the purpose of interest rates. "No more experiments" you say, but you haven't defined what "experiments" you're talking about or what that has to do with the Austrian school.

odalrich Says:

Jun 19, 2009 - Look mate, you cant pretend to hide away realities such as unemployment by imagining communist plots all the time. Unemployment exists. Thousands of Americans suffer serious ailments that cant be looked after because they cant pay an insurance. Going to a hospital for a diagnosis and some emergency care without continuity is not healing a disease or having a treatment for it(as many of this people cant afford medicines).

odalrich Says:

Jun 19, 2009 - And what is Theodore Rooselvelt doing in this debate? We might as well talk about Julius Caesar or Attila the Hun. You stand by your early comments? Ok youre free to do so, thank God we live in a free society.

Capeau Says:

Jun 24, 2009 - saying tax havens have harmless consequences is laughable

order9066 Says:

Jun 28, 2009 - Roosevelt copied Hoover's policies and prolonged the Great Depression. Please Google "Great Myths of the Great Depression" by Lawrence W. Reed. A quick read at 19 pages; I highly recommend it Sir.

odalrich Says:

Jun 30, 2009 - Thank you, I'm going to read it.

thetaxwizards Says:

Aug 4, 2009 - You dont need a tax haven in order to avoid paying tax. Check out my videos if you want to find out how to pay 0% tax...legally!!!

schradww00 Says:

Aug 7, 2009 - It's interesting that he doesn't define what a tax haven is. Generally, tax havens have all of the following: low or nominal tax rates, secrecy of personal financial information, and lack of transparency. Low taxes by themselves doesn't mean its a tax haven because of residence based taxation rules. Tax havens like Switzerland enable investors to hide their financial assets from their resident countries thus perpetuating tax evasion. That's really the only reason why people use them!

12FlyMe Says:

Aug 22, 2009 - The guy in the video wants no taxes on his clients --- and they will use any twist of logic and bullshit to get that. For example, he wants "flat tax" which isn't flat at all. It sounds as if everyone would pay the same percentage. Nonsense -- they want ZERO percentage on their income, but want ALL taxes paid by those who work for it, wages, business, self employed.,

Individualism101 Says:

Nov 6, 2009 - A government cartel of banks is not the free market. The spheres in which failure and fraud exist are government spheres. There is no issue in the real market. Small businesses are not burning to the ground.

Individualism101 Says:

Nov 6, 2009 - COMMMMMMMMMMMMMMMMMMMMMMMUNIST ^

odalrich Says:

Nov 7, 2009 - "The spheres in which failure and fraud exist are government spheres" Are you really sure?? And what's happening with the huge scandals in the private financial system which is affecting small business?? Where have you been living all this time? on a deserted island in the middle of the Pacific Basin?

Individualism101 Says:

Nov 8, 2009 - There is no private financial system. What little there was is gone with the destruction of tax havens.

odalrich Says:

Nov 9, 2009 - The private financial system had to be intervened by governments due to the irresponsibility of financial executives who have brought the world economy on the brink of total collapse. Unfortunately tax havens are not all under control. I firmly believe they should disappear so that the money in them is invested in the real economy.

Individualism101 Says:

Nov 10, 2009 - Wrong. Government backed mortgages brought the economy to the brink of collapse. As I said earlier: there is no private financial system. Maddoff was the founder of the nasdaq. The whole thing is one big government scam. Your problem is that you dont even know what government is. The stuff it does right (hardly anything) you call government, and the stuff it does wrong you call private. When in reality the people who are in control (gov) made the mess and now they are making an even bigger one.

odalrich Says:

Nov 13, 2009 - Look, mate, since the last 25 years governments all over the world have been giving power to the private sector. Reagan started this neoliberal policy with the result we know today. The private financial sector made the mess we are in today; the fault of governmente is to have allowed it.

Individualism101 Says:

Nov 14, 2009 - By your definition the East-India trading company was a private enterprise. You fail to distinguish between theft and trade because you yourself want to justify theft. There are two basic means of interaction between humans: trade and war. You are in support of war.

odalrich Says:

Nov 14, 2009 - Individualism101 dixit: " By your definition.............................You are in support of war" (?????). Either you're going mystic or you have the wrong chap and you should have sent your post to somebody else.

Individualism101 Says:

Nov 14, 2009 - What do you think regulation is. Whenever you say 'there should be a law' you are supporting war against a number of individuals. All the government does is make war.

odalrich Says:

Nov 14, 2009 - Laws are needed to protect the general interests of the majority from the interests of a minority. This concept has been gradually eroded for the last 25 years with the result we know today. Individuals, like the one on the above video , have been very irresponsible .

Individualism101 Says:

Nov 14, 2009 - I suppose thats why the majority of laws are written by a minority of special interest groups and are thousands of pages long and are not read by anyone until 5 years after they are passed. Give me a break.

jackpoupart Says:

Nov 23, 2009 - LOL! I thought I smelt a rat when his gaspump analogy implied that the average steelworker could just go into finance if he wanted! Turns out, he worked for The Heritage Foundation (funded by oil and weapons companies among others) and, before that, Citizens for a Sound Economy which wasn't a 'consumer group' but was 85% funded by major corporations (Washington Post report). Dan Mitchell is a Neo-Con who has warped his own definition of morality so he can sleep at night.