New Tax Law Hamstrings Overseas Investment
Posted: Wed May 09, 2012 7:19 pm
Ever notice how these new laws signed by the Obama administration don't take effect until a few years later? That means they know such laws are not good for us and they know we know it.
Which of course prevents our economy from getting a return on investment. So the Democrats now have, in addition to it's war on women, a war on the economy. Of course they've always waged war on those..........
All part of the slow and steady conversion to socialism. In the last century, they would slaughter or drive out the educated and the "rich" Pol Pot style. That didn't work so now it's a slow strangulation in hopes that no one will notice until it's too late.
“In the long run, if Americans have less and less opportunities to invest overseas, it would be a disadvantage,” Marc Faber, the fund manager and publisher of the Gloom, Boom and Doom report, said last month in Singapore.
http://www.bloomberg.com/news/2012-05-08/u-s-millionaires-told-go-away-as-tax-evasion-rule-looms.html
Which of course prevents our economy from getting a return on investment. So the Democrats now have, in addition to it's war on women, a war on the economy. Of course they've always waged war on those..........
All part of the slow and steady conversion to socialism. In the last century, they would slaughter or drive out the educated and the "rich" Pol Pot style. That didn't work so now it's a slow strangulation in hopes that no one will notice until it's too late.