>But taxes in Europe is higher than they are in the US, 35% to 25% avg.
In "Europe"? You mean parts of Europe or even most of Europe. In Switzerland, Lichtenstein, etc., it's lower.
>This only applies to citizens living in tax shelters (ie Switzerland, Luxembourg, etc.)
Uh... why do you think that is, eh? Think about that for a minute.
>and if you are putting your money their and not honestly reporting it I have no sympathy at all when you get audited.
Oh yea? If I live and work there and happen to put my money where I live and work you have no sympathy for me not wanting the US to bother me about it? Why does the US need to know? Why is it there business? I don't use their resources. No other first world country does anything like this and there is no excuse.
In "Europe"? You mean parts of Europe or even most of Europe. In Switzerland, Lichtenstein, etc., it's lower.
>This only applies to citizens living in tax shelters (ie Switzerland, Luxembourg, etc.)
Uh... why do you think that is, eh? Think about that for a minute.
>and if you are putting your money their and not honestly reporting it I have no sympathy at all when you get audited.
Oh yea? If I live and work there and happen to put my money where I live and work you have no sympathy for me not wanting the US to bother me about it? Why does the US need to know? Why is it there business? I don't use their resources. No other first world country does anything like this and there is no excuse.