[factoryrat]

There's a HUGE difference between taxation and confiscation. Holding money offshore may not be enough. The feds have the ability to twist the arms of foreign governments to get what they want (see Switzerland as an example).

Once the socialists, marxists, and oligarchs of the world unite (a scenario being playing out now), any wealth not in their hands is at risk of being confiscated at the point of a gun.

Like I said, this very same scenario has played itself out many times in history. This time is no different.

[RayChuang88]

Once the socialists, marxists, and oligarchs of the world unite (a scenario being playing out now), any wealth not in their hands is at risk of being confiscated at the point of a gun.

What, they're going to raid every Caribbean island nation? Many of those island nations have large sums of liquid assets sitting in offshore financial centers and given their banking secrecy laws that are tighter than even Swiss law, it'll be kind of hard to grab that money.

[sergeantdave]

“any wealth not in their hands is at risk of being confiscated at the point of a gun.”

Right. The fat affirmative action jellyfish squatting at their federal desks will set down their jumbo bottles of pop, shoulder a rifle and waddle out to die on a hilltop for the glory of Obuma.