Comments by "Marvin Fine" (@torontovoice1) on "Why Moving to The US is Overrated" video.

  1. You know I think you're missing the point. I get your points. You're a seven or eight figure entrepreneur, you have an online business where you're doing investments, or have other businesses that are online or you're receiving funds online or you have an international business. Absolutely you don't want to be an American and pay American tax. I get that! But when I look at your if viewers on your site, and you look at the percentage of people that have these portable occupations, they are very minut percentage of the population. So the video about why you should move to the US. It's really a home run for someone coming from an emerging market because they could get a job and make substantially more than they could ever make in their home country. Moreover, if they're entrepreneurial, they can go into business and probably double the income that they could have made. They could become a trans person for example, a truck driver, and a multitude of other vocations and start to make a six-figure income in a small business. They would also pay a lot less tax. I'm not an American, but I know statistically that there are many places in America that are not safe, to say the least. That's especially true in blue States, not that I'm trying to make any political points. But that is the main reason why people move to these countries, to get a better job. Most people work at a job. Those of us that have been in business realize the word job is an acronym for just over broke. And that is probably true if you have a basic job and try to make ends meet in Canada the United States probably Australia New Zealand and the UK. But I wonder for how long this theory of living in third world countries and working in these portable occupations are going to last. You may remember historically that taxation was supposed to be a temporary thing. Governments can no longer run without getting tax money. We all know about what happened with the minimum tax which only affects large corporations. But that's the way these things start, they often don't end like that. They will continue to bring down the threshold including more and more people. There's many people in the US they don't pay any tax at all by simply taking assets like real estate and reinvesting the money from income into more real estate, and taking debt. Your good friend who you did a podcast with, whose wife said that he could pass his Japanese! That's what he tells people all the time I don't pay any tax I use debt. That works well in a market that's going up. Look what happened to the Donald. He got wiped out a few times when the prices crashed and the he was sitting with lots of liabilities. All these things are a two-way street. Anyway nice video, a pleasure to watch as always.
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