A fundamental injustice of US tax law is that it discriminates against the approximately nine million Americans who live in other countries.
Starting in the fall of 2003, I spent nearly two years living in Vienna, Austria. I was there to earn a master’s degree (LL.M.) in international tax law from the Institute for Austrian and International Tax Law.
The Financial Action Task Force on Money Laundering (FATF) is perhaps the most important organization you’ve never heard of. The G-7, which is essentially a club for the world's wealthiest nations, set up the FATF in 1989.
Tomorrow is the 18th anniversary of four coordinated attacks in the US by Al Qaeda operatives that killed nearly 3,000 people.
Italy is an amazing country with a long history, outstanding food, great wines, and unsurpassed culture. But it’s facing an economic and political crisis that will lead to a global financial collapse.
President Trump says that “trade wars are good and easy to win.” Unfortunately for the US, that’s simply not true.
It began in 1986. Congress was panicking because it felt America was losing the War on (Some) Drugs. So, it enacted the Money Laundering Control Act (MLCA).
It’s here, or at least nearly here. “It,” in this case, is another recession. We can debate the causes – an escalating trade war between the US and China, too much dodgy debt, the end of the longest bull market in history, or perhaps all three.
A billion here, a billion there, and pretty soon you're talking about real money.
In 1984, Paul and Vicki Terhorst decided to retire at the ripe old age of 33.
Master Archie Harrison Mountbatten-Windsor was born on May 6, 2019, at a London hospital. There was nothing especially remarkable about Archie’s birth.
The concept of citizenship has a long history. But until recently, it belonged only to men. In the US, it belonged only to white men.
The tax-and-spenders of the world are desperate to find new ways to pay for the crumbling welfare states of western democracies. And they’re targeting the “rich” to do it.
My father practiced medicine for 45 years, from 1941 when he graduated from medical school until his retirement in 1986.
Last week, social networking giant Facebook announced that it plans to create what it calls an “alternative financial system” based on a cryptocurrency called the Libra.
Like Eugene Debs, Assange has long been a thorn in the side of the rich and powerful. When Assange founded WikiLeaks in 2006, he declared ...
I sleep better at night knowing that ever-vigilant defense contractors and the politicians they’ve bought and paid for are making certain that America won’t be overrun by Communists, Islamic terrorists, or anyone else.
The Government Accountability Office (GAO) recently trotted out its latest estimates of the “tax gap,” the supposed difference between taxes collected and taxes due.
When you arrive at the airport to board a flight, do you have any legitimate “expectation of privacy?” Uncle Sam and the Orwellian Transportation Safety Administration (TSA) would like you to think you don’t.
In the last few years, banks have been falling over themselves to get rid of “undesirable” customers. Basically, if your bank isn’t making enough profit servicing your account, it will close it.
One of the big fears our clients have is that one day, the government will confiscate their precious metals.
Face recognition and other biometric technologies have come a long way since, say, 2003.
A few weeks ago, I read that Britain’s richest man – Sir Jim Ratcliffe – was relocating to Monaco. Moving to Monaco, which imposes no personal income tax, will save Ratcliffe up to £4 billion in British taxes.
Let’s face it, many forces are pushing for the abolition of – or at least serious restrictions on – cash.
Nearly two billion people work in it. And it accounts for perhaps 20% of the world’s total economic activity.
The pornography (porn) industry is worth almost $100 billion. Laws that banned porn were struck down more than 50 years ago, so in all 50 states, you can download adult content all you want.
The war on free speech is heating up. Since I last wrote about this topic in February, mainstream social media portals have been falling over themselves to remove controversial – mainly but not exclusively right-wing – content.
In 1914 Maximilian Bern thought he had it made. After a long career as a successful writer and editor, Maximilian was ready to retire.
At the end of the trading day on August 22, 2018, the US stock market reached a historic milestone as the longest bull market in history, with a duration of nearly 10 years.
The suspect was glib. Confident. He voluntarily met with police who were investigating a 2006 rape case in Maryland.