When I read this thread and watch the video, I have to admit it all feels like doomsday, and it seems impossible to make money in Europe anymore without constantly worrying about dealing with the tax authorities or, even worse, having your entire fortune confiscated.
How do you protect yourself against this? It all seems overwhelming if you believe everything that’s been written on the topic.
Personally, I think a lot of money can be earned in the EU, but more than 90% of it will be spent on taxes, housing, insurance, food, services, etc.
If a person of above-average intelligence concentrates, they can easily generate revenues of more than €50K/month.
I do this "foreign investment" just to pay the "expenses" and feed the beast (main reason - wet their beaks), but with an original understanding that I will ONLY be taxed from locally derived income.
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My personal issue is that I don't owe anyone anything when
- my client in, e.g., Panama sends me ¥100M
- to manufacture a particular product for him in, e.g., Hangzhou, China,
- where I have to move to Hangzhou for six months,
- source the raw materials
- and sleep on the factory floor for six months on an airbed to oversee the production, QA, QC, packing, logistics, etc.,
Panama does NOT claim I owe them anything.
China sure as H3LL doesn't want my profit (<10%)
So, why do dastardly, useless, unproductive, and unaffiliated gang members under the ruse of government who once were slave owners expect me to be their new & improved white slave and think they have the right to sodomize me financially?
I don't even want to live in their society or break bread with them. I can't stand them.
Still, if I go live where I want to live, they'll tell their FIs NOT to let me conduct business unless I become a low-paying wage slave laboring for Mega-Corps where NONE of the executives or shareholders are smarter, faster, stronger, etc than me?
Like why?
None of them can enforce their will on me one-on-one. Not even two or three against one. Why?