2 ms·
Manhattan is a tax shelter? You certainly don't know much about Manhattan. There were taxes prior to the income tax, they were just different taxes. A flat rat
by krschultz 18y ago
Manhattan is a tax shelter? You certainly don't know much about Manhattan.
There were taxes prior to the income tax, they were just different taxes. A flat rate sales tax and no income tax would still be tax - it would just be easier to avoid.
- APLonDrugs 18y ago"It does not surprise anyone when I tell them that the most important tax haven in the world is an island," international tax expert Marshall Langer pointed out in a speech last November. "They are surprised, however, when I tell them that the name of the island is Manhattan." By OECD standards, we are the largest tax haven in the world. The United States, for example, source: https://www.reason.com/news/show/34248.html https://www.reason.com/news/show/34248.html the power to avoid, adds to freedom, not suggest with 19,000 pages of tax code though....
- krschultz 18y agoAh I wasn't thinking of non-citizens, for me it is hard to think of it as a shelter when I pay significantly more tax now that I work in Manhattan than when I worked in New Jersey.