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A comment on Tell HN: Vote.. Parent comment

Re:Tell HN: Vote. by krschultz on Tuesday November 04, 2008 @06:13PM (#354010)
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.

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Re:Tell HN: Vote. by APLonDrugs on Tuesday November 04, 2008 @11:01PM (#354166)
"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

the power to avoid, adds to freedom, not suggest with 19,000 pages of tax code though....

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Re:Tell HN: Vote. by krschultz on Wednesday November 05, 2008 @03:05AM (#354335)
Ah 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.
[ Parent | on HN ]