Quote:
Originally Posted by R N M
You sound like a youngster and very naïve.
Did you know that pretty much ALL major banks are incorporated in South Dakota. A lot of major companies are incorporated in Delaware.
Having knowledge about laws in the US and how to leverage them is critical for business and personal success. This is why wealthy people have a team of lawyers and accountants.
I also find it hysterical that people feel that the government will put their money to better use then the person that earned it.
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Would 49 be considered "a youngster". I work on the risk evaluation side of US and international mergers and acquisitions, thus I need a fairly good understanding of how LLCs, Inc., etc. work and the legal protections and implications.
We're not talking about how governments manage their tax revenues. We're talking about wealthy individuals gaming the system.