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The Era of bank secrecy ends as Swiss start sharing account data to governments
Reuters ^ | 10/06/2018 | Michael Shields

Posted on 10/06/2018 7:29:25 AM PDT by SeekAndFind

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To: Arthur Wildfire! March

“Cayman Islands, my FRiends.”

How long before the Caymans cave to global pressure?


21 posted on 10/06/2018 9:21:20 AM PDT by Rebelbase (Consensus isn't science.)
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To: moovova

The mattress fink at the furniture store ratted you out. You may wish to move your hidden cash dollars from your mattress to the cookie jar.


22 posted on 10/06/2018 9:58:09 AM PDT by TheNext (Anonymous Source)
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To: TheNext

“cookie jar”

No...wife would find that immediately.

I’ll just hide it in the vacuum cleaner bag or the mop bucket. She’ll never find it there.


23 posted on 10/06/2018 10:06:06 AM PDT by moovova
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To: SeekAndFind

I guess this means that I’ll have a really big tax bill on my $12,345,678,900 savings account...


24 posted on 10/06/2018 10:44:11 AM PDT by SuperLuminal (Where is another agitator for republicanism like Sam Adams when we need him?)
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To: Moonman62; Rebelbase

There were warning signs for over a decade that the Swiss were giving up on secrecy in banking.

And hopefully we will soon not need to hide our money offshore. If we can defeat the left, we can keep it here.


25 posted on 10/06/2018 11:11:20 AM PDT by Arthur Wildfire! March (News and poltiicians who ignore James O'Keefe are fake and evil.)
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To: headstamp 2

Hmmm...... among the nine other countries, the United States of Amreica is missing


26 posted on 10/06/2018 11:13:53 AM PDT by bert ((KE. N.P. N.C. +12) Muller..... conspiracy to over throw the government)
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To: SeekAndFind; All
As a side note to this thread, patriots are reminded of the following.

" — but gone are the days when well-paid European professionals could stash wealth across the border and beyond the prying eyes of their tax man [emphasis added]."

FR: Never Accept the Premise of Your Opponent’s Argument

Regarding the "big, bad" tax man, patriots are reminded that a previous generation of state sovereignty-respecting Supreme Court justices had clarified that Congress is prohibited from appropriating taxes in the name of state power issues, basically any issue that Congress cannot justify under its constitutional Article I, Section 8-limited powers.

"Congress is not empowered to tax for those purposes which are within the exclusive province of the States."—Justice John Marshall, Gibbons v. Ogden, 1824.


H O W E V E R …

Regardless that Pres. Trump has been doing a great job of draining the swamp, the corrupt, anti-Trump Congress continues to appropriate a “tsunami” of unconstitutional taxes like it has been doing since FDR established his unconstitutional social spending programs. Such unconstitutional taxing and spending is evidenced by the bloated Omnibus spending bill that Trump reluctantly signed earlier this year.

Trump Signs Omnibus Spending Bill: I Will Never Sign Another Bill Like This

The remedy …

Simply put, patriots need to finish the job that they started when they elected Trump president by doing what Pres. Trump cannot do.

More specifically, patriots need exercise their voting power to fire as many corrupt career lawmakers as they can in the 2018 midterm elections, replacing them with patriot lawmakers who will respect Congress's limited power to appropriate taxes as clarified by the Gibbons v. Ogden excerpt above.

And to make Section 8-limited federal taxes and Trump's vision for MAGA as permanent as possible, patriots will need to support their state lawmakers in working with Trump to repeal the 16th and ill-conceived 17th Amendments imo.

27 posted on 10/06/2018 11:24:34 AM PDT by Amendment10
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To: SeekAndFind

Is this the beginning of the end for Swiss banking....?


28 posted on 10/06/2018 4:14:44 PM PDT by Jack Hammer
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