Tag: tax avoidance

Tax Flight Is a Myth

Tina Marie (Ms. Cat)

Tax Flight Is a Myth

Related:

Dispelling the Myth of Tax-Induced Capital Flight

A study by the American Sociological Association in 2016 found that while massive top rate tax hikes might cause some millionaires to move from their high-tax state to a low-tax state, the amount of them doing so for this reason was negligible. Millionaires moved for tax purposes around 2.2% of the time. Indeed, in any event the rate of inter-state migration generally was lower for millionaires, at 2.4%, than it was for the general population, at 2.9%.

Debunking the Myth of the Fleeing Millionaire

Revealed: Mercer Street’s Parent Shipping Company a Front for Israeli Intelligence

Tina Marie (Ms. Cat)

By Alan Macleod GULF OF OMAN — Earlier this summer, the Israeli-operated oil tanker Mercer Street was attacked by drones, allegedly emanating from Iran, disabling the ship and killing two people on board. The incident, portrayed as an unprovoked attack on a civilian vessel, caused worldwide outrage, and marked a new low in Iranian relations with Israel and its Western allies. But a MintPress investigation can now reveal that Zodiac Maritime, the Mercer Street’s operator, has a long history of working closely with both the Israeli Defense Force (IDF) and Israeli intelligence unit Mossad, using its ships to ferry arms and operatives around the region for covert operations, including assassinations.

Revealed: Mercer Street’s Parent Shipping Company a Front for Israeli Intelligence