Taxes–Swiss Style
By
I had a Swiss friend and asked him about taxes there. He said that they include as income the equivalent rent on your house. That’s right. If you own your home outright, you include as income, the rental value of your house. Nice heh?
Here’s a nice tax–net asset tax. Determine all your assets, stocks, bonds, real estate and all the stuff in your Swiss bank account. Take one percent and send to the government. Let’s see; Teresa Hintz Kerry is worth $700 megabucks. Times one percent and she sends the Feds $7.o million every year. Controls foundations. Too bad–send the Feds $7.0 million anyway.
If I were a greed envious socialist and wished to spread the wealth, I would support an asset tax in Wisconsin. That would probably reduce the population of Wisconsin to that of Montana.
It looks like no matter where you live in the world they get you. The best thing to do is slow down the rise of taxes–all taxes.
No related posts.
T – A – B – O – R