Quote from: adultcrypto on August 16, 2023, 02:57:29 PM

I don't think that moving one's business to a tax haven is legally wrong. Companies do that including big corporations like Shell. According to this article, several multinationals do this to avoid paying huge taxes. I do not say this is morally right but in the eyes of the law, they committed no offence.

Do you understand what it means to move a business to a tax haven and do you observe Shell companies dealing with tax matters. I don't think they are avoiding taxes but rather trying to make taxes cheaper by means of insurance services and each company that is in a certain jurisdiction may vary the amount of tax to be paid. Further, maybe you can re-read the included link and try to understand how the Shell company handles tax issues.

Quote from: Dr.Bitcoin_Strange on August 16, 2023, 04:29:15 PM

You are right, mate. I don't even know why some people think that there's really a secret to archiving wealth. While there are just some general rules to acquiring wealth, if anyone truly follows them, they can also build more Wealth for themselves. Also, some people attach more liability and too much responsibility to themselves, which continually keeps them on one level; they never seem to level up because they have a lot of things on them.

In some parts of the world, some people are getting married to more than one wife, while others are giving birth to more than six children. Some people too are only receiving a small amount of salary every month, but yet they are showing off as if they have a lot of money to spend, and this causes them to even spend more than they earn. Some people don't also save to invest or to archive any goals; all they do is eat all they earn and even take credit.

If we wish to simplify the matter then we should refer to the relevant levels of capital and wealth-generating plans. If we don't have these supporting factors, I think it's impossible for us to generate wealth. Business can grow when someone has these two things and the problem is not everyone has the same ability. A person's level will further increase as their mindset advances and it is from here that they start choosing a plan to make a lot of money.

Spending more than we earn is an unnatural lifestyle, financial stability will be quite disturbed when this is enforced and finally they are entangled with the name of a loan to fulfill their lifestyle in spending something that is not productive. The middle and lower level people take loans not to support business but to make ends meet, while the middle and upper level people take loans as a way to develop their business to be bigger, this is where the difference in a person's level in using loans