Friday, January 20, 2012

this offer to individuals with a net worth of at least 7.15 million who will invest at least 2.86 million

Zero Taxation
A major factor that routinely sets us apart is the absence of any direct taxation. The government does not impose personal or corporation income taxes and there are no taxes on profits and gains from investments. There are no property taxes or controls on foreign ownership of property either.
"This is offered to individuals with a personal net worth of at least CI $ 6 million (approximately US$ 7.15m) who have made, or propose to make, an investment of at least CI $2.4 million (approximately US $2.86m)......"
Sure, out of context, but clipped from the banks in Caymen Island to give you a flavor of what gives  the 1%ers the warm and fuzzies.   You don't need this much really, this was just one particular offer.  Now, Caymen is about 1 mile wide and 17 long, with most the hotels and condo's jammed in a couple of spots.  No guns, even criminals respect this and from around the world tax dodgers and drug dealers come to enjoy the safety of no gun  fun in the sun.  Such a tiny place makes you wonder where they invest the billions, well, no restrictions there about boycott of Cuba or Iran or Burma, so let er rip.  Get yours, the jokes on the rubes who pay taxes and can't meet the entrance fee.

2 comments:

  1. Go after the tax-dodgers and watch the GOP throw a King Kong friggin fit!


    Ron

    ReplyDelete
  2. Zt least now we know where Mitt Romney's piggy bank is.

    ReplyDelete

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