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dlukton
Nomad Capitalist
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Comments by "dlukton" (@dlukton) on "Can Dual Citizenship Save You From Socialism?" video.
"Democratic socialism" is just a way of "sugar-coating" the reality of socialism.... because it "sells" better to the voters.
8
Depends what you mean by "transferable". If you're referring to transfer upon death, one option would be to use a custodial service (such as Fidelity digital assets). The problem with that option is that you'll then be at the whims of the politicians.... with their various tax schemes. Alternatively, you could trust your heirs with the password to your wallet.
4
According to what Andrew Henderson has said on many occasions, that isn't true. He has said that it IS indeed possible for an Australian citizen to escape the Australian tax system... but it requires severing EVERY LAST VESTIGE of financial and legal ties to the country (not even "a surfboard in your mother's basement", as he put it).
3
The taxes CAN indeed be "escaped" from. It's just a question of what sacrifices one is willing to make in order to do that.
2