Legal tax shelter that few can execute! Why do so few do it? Lafler did.
This is an interesting article on the tax increases that are now in place and moving into your life. Now that Obama Care has passed, the explanations have changed from how it saves money to how it is only fair for the rich to pay more. If you make $250,000 you might not have known you ARE rich.
U.S. Wealthy Lack Easy Loopholes to Offset Obama’s Tax Plans www.bloomberg.com/apps/news?pid=20603037&sid=abRQo40VGwAI
Arthur Laffer, who was an adviser to former President Ronald Reagan, is quoted as saying he will stay in Nashville, Tennessee, which doesn’t tax earned income, offsetting U.S. tax rates that are expected to increase over the next three years.
Think about which of your employees are mini versions of Arthur Lafler in terms of the value to your business. Which of them will decide moving to a lower cost state makes sense for them, or is something they must do?
At your business level, when will the numbers say you and your business must move to a lower cost state or country? After all in a virtual world, why does the home office need to be in a high tax state like Michigan, New York or California? After all in a virtual world, why does the home office need to be in a high tax country like the US, the UK, France or Italy?
U.S. Wealthy Lack Easy Loopholes to Offset Obama’s Tax Plans www.bloomberg.com/apps/news?pid=20603037&sid=abRQo40VGwAI
Arthur Laffer, who was an adviser to former President Ronald Reagan, is quoted as saying he will stay in Nashville, Tennessee, which doesn’t tax earned income, offsetting U.S. tax rates that are expected to increase over the next three years.
Think about which of your employees are mini versions of Arthur Lafler in terms of the value to your business. Which of them will decide moving to a lower cost state makes sense for them, or is something they must do?
At your business level, when will the numbers say you and your business must move to a lower cost state or country? After all in a virtual world, why does the home office need to be in a high tax state like Michigan, New York or California? After all in a virtual world, why does the home office need to be in a high tax country like the US, the UK, France or Italy?
Posted by FiscalDoctor com at 4/5/2010 6:40 PM 
Categories: contingency planning, business growth, tax rates, risk, Enterprise Risk Management, tax planning, due diligence, Profitability, ERM, corporate governance
Tags: contingency planning business growth profitability risk Enterprise Risk Management tax planning due diligence ERM corporate governance tax rates
Categories: contingency planning, business growth, tax rates, risk, Enterprise Risk Management, tax planning, due diligence, Profitability, ERM, corporate governance
Tags: contingency planning business growth profitability risk Enterprise Risk Management tax planning due diligence ERM corporate governance tax rates
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