From "Marco" in offshore - Good post for here

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Another Day, Another Dollar
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Very interseting discussion guys....

Agree with a number of points on this issue, just touching on a few...

I have often thought about how I would try to bring in any large sum of cash after having run up an offshore account...

Personally I'm looking to bring in as much as I can and pay the least amount of tax, if any at all. The government pisses away billions of dollars policing the world and fighting other people's wars, rebuilding other countries while ours is aging to pieces.

We fought in Vietnem, Korea, we kicked the Iraqi army out of Kuwait, then 10 years later decide the Saddam is still an asshole and oust him, when if we were smart about it we would have done it ten years ago while world opinion was on our side.

Most of the east coast cities are old, along with the bridges, water and sewage systems, buildings and such......Natural disasters such as hurricanes, floods, tornadoes, fires, earthquakes wipe out what age hasn't already gotten.

The national debt....can anyone even calculate it any more???

We lost 2 space shuttles and there is still a hole in the ground where 2 world trade centers were located, yet our government seems to be trying its damn best to rebuild Iraq and all these other wartorn countries. It didn't work in Bosnia and it wont work in Iraq with all the different factions there.

How many Koreans and Vietnamese died in our civil war???

One thing that no one has appeared to mention, if we pay taxes on our gambling income from offshore wagering is Uncle Sam going to let us get a refund on years that we declare gambling losses......I doubt it.

We have all these crummy forms of gambling legalized in most portions of our country such as pickle cards, keno, state sponsored scratch cards and lotteries....thier take on these forms of gambling is too high for the public to overcome, yet there are casinos in Vegas and Atlantic City who can't run an internet based sportsbook to compete with the growing offshore market. This is probably the best shot the gambler has in making any money, that being sports gambling. Why can't the government allow U.S. casinos to operate sportsbooks on the net?

Basically put if the government is so concerned with the well being of all these foreign countries then maybe Bush and his colleagues should move there, spend thier own money on the restoration, place thier sons and daughters in the military to fight for these things, we can find leaders for this country that care about this country.

Personally I'll cut as much taxes off of whatever I make from offshore wagering, and I'll spend the profits here, at the stores where I buy my food and clothing, the gas stations where I fill up, and the other places here where products are trucked in and employees are needed to interact with the public. A lot more people here will get value from my money than if I was giving it to the government just to watch it get pissed away thousands of miles away from here on another continent.

If I ever found any large sum of government money, you can bet your ass that I'm going to keep it. Period.
 

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