Preserving Wealth

Protecting Against Government Theft (Taxes, Tariffs, Regulations)

Loot and Extortion
While it is necessary to take measures to protect one's self and property from theft by other individuals, [the retail level of crime], it is even more important to protect one's wealth from grand extortion perpetrated by governments [the wholesale level of crime]. All taxes, tariffs, or costs resulting from government regulation, restrictions, and laws are forms of theft—confiscation by armed government agents of ones wealth.

This section provides resources for individuals to discover and implement methods of protecting the wealth they have created from all forms of international parasites.

Your Money Is Dirty

In the article, "Your Money is Dirty, I explained that any wealth you create the government can get it's grubby hands on is called, "dirty."

Laundering makes "dirty money" clean. The government does not tell you what dirty money is, but suggests it is money associated with crime. It often is, but a crime is only what someone does that some government has written a law against, and most of those laws are immoral and oppressive. When the laws are immoral, it is immoral to obey them.

The real meaning of dirty money is money that government knows the source and location of so it can easily confiscate it. Most of our money is dirty, and the government regularly confiscates it by means of taxes, fees, asset forfeiture, eminent domain, and a million other ways of stealing it.

Laundering money makes it invisible to governments. There are many ways to prevent government from knowing what wealth you have created and preserved. Since that wealth would not exist if you had not created it, it is no one else's business what the wealth is—certainly not anyone whose only interest is in confiscating it.

Invisible To Begin With

No government can know what wealth you have created if they never know you created it. The most common method of producing wealth invisibly is by selling your products or services in some unrecorded way, such a strictly, "cash," business, or direct trades (such as commodities).

The article, Underground explains that around 20 percent of the world's economy (about two trillion dollars) is, "underground," (called the "black markets" or "shadow markets"), which simply means, 20 percent of the world's wealth is produced and no government has any record of it.

No One Needs To Know

For many individuals who choose to produce their wealth with products or services which just cannot be hidden, (or totally hidden), which is probably ninety percent of most creative individuals, it is still necessary protect one's wealth, especially capitol (investment) wealth from government, confiscation. There are many ways to keep such accumulated wealth protected from government confiscation, some of the are, "legal," (which only means some particular government has not made some oppressive law against it) and some outside the government approved methods.

You can find legal methods of tax evasion (called tax shelters) such as the nine described here, yourself. A free individual will evade using any government observed and controlled method of doing anything, of course. Non-government methods of wealth protection (including, "money laundering," and other methods of hiding wealth from thieves), are more difficult to find and use.

I cannot actually recommend any specific method of hiding wealth publicly, which is itself illegal and would subject me to possible government attention I'd prefer to avoid, but I can point out some things for individuals to consider and make their own decisions.

Safe Harbors

No place is perfectly safe for anything in any way, but there are places where one's wealth is much less likely to be endangered by thieves, especially international political thieves. They are sometimes referred to as, "offshore," or, "foreign," tax havens. There is a great deal of information about such entities on the Internet, but most of it is either useless or some form, "scam," offering, "insider information," you can find yourself without paying for it. There are some sources worth looking at, however. One is actually an agency opposed to money laundering and individuals evading tax theft called the, "Tax Justice Network."

That site has a page called the "Financial Secrecy Index - 2020 Results," which lists 133 countries, indicating what is called their, "Financial Secrecy Index," meaning how much individual wealth is hidden. The figures can be misleading, because there is very little wealth associated with many of those countries. The chart is more useful as an indication of the countries that are the least safe for putting one's wealth in.

There is also an IMF (International Monetary Fund) report, Shadow Economies Around the World which provides a wealth of information about the worlds shadow economies. The table, "... shadow economy of 158 countries over the period 1991 to 2015—Part II (2004-2015)" beginning on page 69, is very interesting when compared to the, "Financial Secrecy Index," above. Those countries with the highest levels of black market economy and are rated as most secret suggest greater security for one's own wealth.

[For more information about wealth protection see the articles: "Offshore Banking," and the articles under, "Freedom Strategies—International."]