The Shadow Banking System: A Third Of All The Wealth In The World Is Held In Offshore Banks

You and I live in a totally different world than the ultra-rich and the international banking elite do.  Many of them live in a world where they simply do not pay income taxes.  Today, it is estimated that a
third of all the wealth in the world is held in offshore banks.  So why
is so much of the wealth of the globe located in places such as Monaco,
the Cayman Islands, Bermuda, the Bahamas, and the Isle of Man?  It
isn't because those are fun places to visit.  It is to avoid taxes. 
The super wealthy and the international banking elite think that it is
really funny that our paychecks are constantly being drained by federal
taxes, state taxes and Social Security taxes while they literally pay
nothing at all.  These incredibly rich elitists make a ton of money
doing business in wealthy western nations and then they transfer
virtually all of their profits offshore where they don't have to
contribute any of it in taxes.  It works out really great for them, but
it sucks for the rest of us.

Read article here: http://www.blacklistednews.com/index.php?news_id=12111

Views: 43

Comment

You need to be a member of 12160 Social Network to add comments!

Join 12160 Social Network

"Destroying the New World Order"

TOP CONTENT THIS WEEK

THANK YOU FOR SUPPORTING THE SITE!

mobile page

12160.info/m

12160 Administrators

 

Latest Activity

cheeki kea replied to cheeki kea's discussion Tartaria
"This screenshot is from a book found by a blogger in his research and gives an eye witnessed…"
3 hours ago
cheeki kea commented on Doc Vega's blog post To Each and every One of you here Happy Thanksgiving
7 hours ago
Doc Vega posted blog posts
19 hours ago
Doc Vega commented on tjdavis's video
Thumbnail

The Hunt - Official Trailer [HD]

"A former ANTIFA member was interviewed here recently and this would not be far from actual reality…"
Monday
Doc Vega posted blog posts
Monday
tjdavis posted videos
Monday
tjdavis posted a blog post
Monday
tjdavis posted a photo
Monday
Doc Vega posted a blog post

Legacy of Supposedly Inferior Aircraft Outmatching Their Enemies

 We think of the Korean War aerial combat as the classic dogfights between the American F-86 Sabre…See More
Saturday
Doc Vega commented on tjdavis's blog post Cities,States Without Limits
"This is just another form of a feudal globalism dictated by corporate technocrats bragging about…"
Saturday
Doc Vega favorited tjdavis's blog post Cities,States Without Limits
Saturday
Doc Vega posted a blog post

What is Area 2 and What Goes on There?

 We have all heard of Area 51 and S-4, along with such terms as Water Town, Papoose Lake,…See More
Friday
Doc Vega posted a blog post

STRANGE THINGS HAPPENING IN YELLOWSTONE

It’s not the fact that Yellowstone National Park sits atop a super volcano that hasn’t erupted in…See More
Nov 20
tjdavis posted a video

Austrian police raid house of man who leaked Israeli ambassador video making genocidal comments

In a new ITV documentary, Breaking Ranks: Inside Israel’s War, former Israeli soldiers describe how Gaza civilians were killed, often without warning, in an ...
Nov 20
Burbia posted a video

WARHAMMER 40,000 | 1980's GRIMDARK MOVIE

WARHAMMER 40,000 | 1980's GRIMDARK MOVIEThis is a Concept Movie Trailer made with the help of AI. This video is created purely for fun and out of curiosity a...
Nov 19
tjdavis favorited Sandy's discussion Sick sci-fi sex fantasy written by Epstein's first benefactor people say inspired his twisted island... before author's SON ended up arresting him
Nov 19
tjdavis favorited Sandy's discussion Sick sci-fi sex fantasy written by Epstein's first benefactor people say inspired his twisted island... before author's SON ended up arresting him
Nov 19
tjdavis commented on tjdavis's blog post THE ORIGINS OF THE WORLD ASSOCIATION OF SOCIAL PSYCHIATRY IN LONDON, UK IN 1964
"Tavistock Timing"
Nov 19
tjdavis posted a blog post
Nov 19
Doc Vega posted a blog post

The Ringside View

Down in the streets where the animals meetWhere tear gas flies and people get beatWhere…See More
Nov 19

© 2025   Created by truth.   Powered by

Badges  |  Report an Issue  |  Terms of Service

content and site copyright 12160.info 2007-2019 - all rights reserved. unless otherwise noted