1996-05-08 - Re: Why I Pay Too Much in Taxes

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From: nobody@replay.com (Anonymous)
To: cypherpunks@toad.com
Message Hash: 7948b3fbe81d09d20e07b7dbc4e151b43ad4def26637d78067d76896b66fb6a9
Message ID: <199605072244.AAA02953@utopia.hacktic.nl>
Reply To: N/A
UTC Datetime: 1996-05-08 05:13:00 UTC
Raw Date: Wed, 8 May 1996 13:13:00 +0800

Raw message

From: nobody@replay.com (Anonymous)
Date: Wed, 8 May 1996 13:13:00 +0800
To: cypherpunks@toad.com
Subject: Re: Why I Pay Too Much in Taxes
Message-ID: <199605072244.AAA02953@utopia.hacktic.nl>
MIME-Version: 1.0
Content-Type: text/plain


Timothy C. May wrote:
>Indeed, I am extremely limited in how I can avoid complete traceability of
>my major income sources. Not rich enough to shelter income in a really big
>time way

That's just lack of creativity. Try this:

Get a friend of yours to setup a consulting company and
hire you (and maybe a few more people who pay too much
taxes,acting like a mixmaster). The company pays you salary
to cover your cost of living. Anything above that, i.e.
money that you would otherwise save, is paid to an offshore
company as license fees (or something, this is the creative
part).

This is really legal as long as you don't receive any money
from offshore without paying the taxes. If you borrow the
money back it gets a little fuzzy.

Thousands of people in upper middle class are doing exactly
this, so the mixmaster is really in place already. The local
mix is just an extra precaution for deniability (it was my
friends company, I had no idea what he was up to!).

For the friend to accept the (very minor) risk of jail,
he/she should probably be much poorer than you, or have
a *lot* of clients, to make his pay outweight the risk.

By the way, are there any PGP encrypted mailing lists for
discussing serious tax fraud?

Mr.X







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