1996-05-04 - Re: CryptoAnarchy: What’s wrong with this picture?

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From: brerrabbit@alpha.c2.org
To: cypherpunks@toad.com
Message Hash: 50cc5b91b31ac8b5487d86d2347d589fc70b6725c4ec93f1e3365634ea746a6a
Message ID: <199605031831.LAA15730@infinity.c2.org>
Reply To: N/A
UTC Datetime: 1996-05-04 04:22:32 UTC
Raw Date: Sat, 4 May 1996 12:22:32 +0800

Raw message

From: brerrabbit@alpha.c2.org
Date: Sat, 4 May 1996 12:22:32 +0800
To: cypherpunks@toad.com
Subject: Re: CryptoAnarchy: What's wrong with this picture?
Message-ID: <199605031831.LAA15730@infinity.c2.org>
MIME-Version: 1.0
Content-Type: text/plain


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Sandy Sandfort <sandfort@crl.com> wrote:
>A couple of generations ago, only multinationals and the super
>rich could avail themselves of offshore banks, asset protection
>trust, foreign incorporation, etc.  Fifteen years ago, I was 
>helping members of the upper middle class do the same think.
>
>Today, virtually anyone on this list can afford these techniques.
>Non-US people have been using them for years.  The reason middle
>class Americans aren't savvy that yet are ignorance and inertia.  
>Everyday, Americans are becoming less parochial (due in part,
>ironically, to government hysteria about money laundering) about
>such possibilities.  As the Clintons and Doles turn up the tax
>and regulatory heat, they will also overcome their inertia.  

Do tell.  How would someone, just for instance, who is considering
leaving a "permanent" job for the higher compensation available to
contractors and consultants be able to structure a business in such a
way as to benefit from these techniques?  If we assume a rate of
between $60/hour and $125/hour (typical in Boston, New York, and the
Silicon Valley), how much can one save?  How much effort and money is
required?  How much risk is involved?

There are many books on the shelves claiming to show how to avoid
taxes using these techniques.  Most of them have the smell of
"dangerous crackpot" about them.  Can you recommend any in particular?

If this is too far off topic for cypherpunks I'd be interested in
learning of a more appropriate forum.


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