All posts in " The Hunt for Taxes "
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California to Tax Texting from Your Phone

By admin / December 7, 2018

California is proposing now to tax every text message you do on your phone. I have constantly warned after dealing with governments first hand for over 30 years, they NEVER see the problem as being them – it is always we the people. Their fiscal mismanagement is beyond repair and we should not expect anything […]

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Chicago’s Hunt for Taxes Goes After Children Playing Games

By admin / December 4, 2018

COMMENT: My sister lives in Chicago. She is looking to leave finally. She told me there is a 9% tax on any amusement like Netflix or PlayStation for her son. You are right. They keep finding things to tax rather than address the problem. This cannot be maintained forever. OT REPLY: This is what happens. […]

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The LEI is the Means to an End to in the Hunt for Global Taxation

By admin / November 28, 2018

  QUESTION: Hi Marty, I wanted to ask you if you know anything about the LEI (legal entity identifier) that brokers are now requesting from clients who trade forex and other derivatives and who have accounts under a business structure? I recently opened a trading account under a business structure (company/trust) and was only told yesterday […]

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Illinois Thinking About Imposing a Stiff Exit Tax to Leave?

By admin / November 17, 2018

The politicians in Illinois after destroying the state economically, want to now impose an EXIT tax for anyone who dares to think about leaving the state. This is the problem we face. They will never look at the long-term impact of their decisions. Such a tax may make others decide NOT to move to the […]

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Turkey looking to Cut Taxes to Fight Inflation?

By admin / November 16, 2018

Since the beginning of the year, the Turkish currency has lost more than a third of its value against the dollar. As the currency declines, imports rise in cost since they are denominated in foreign currency.  This adds to the inflation problem domestically. Among other things, the sharp criticism of Erdoğan in the markets has cast doubt on the independence […]

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Taxes – Worldwide v Residency

By admin / October 31, 2018

QUESTION: Mr. Armstrong, I remember you mentioning US is the only country to tax worldwide income, it seems that China is moving to modify their IIT effective Oct 1, 2018, to include anyone staying in China for more than 183 days. Is this the same as the US? Can you comment/share with us your opinion? Thanks, […]

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Australia Turning Really Authoritative? Is this How a Dark Age Begins?

By admin / October 15, 2018

The greed of governments in their pursuit of money is the single greatest threat to creating a Dark Age. With New Zealand imposing a $5,000 fine for just landing there and you refuse to hand over your pen and passwords to your phone for them to search, now we have Australia going really nuts to […]

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Gov Cuomo says People are Fleeing NY Because of Weather not Taxes

By admin / September 28, 2018

New York State Democratic Governor Andrew Cuomo has blamed the upstate extremely cold weather (Global Warming) for the reason people have been fleeing his state NOT taxes. This comes as no surprise, for Democrats are closet Marxists and love more taxes and assume the people love to be taxed and always ask for more. Like the Global Warming […]

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