@ISIDEWITHQuestionseconomy9yrs ago

Should citizens be allowed to save or invest their money in offshore bank accounts?

Should Italian citizens be allowed to save or invest their money in offshore bank accounts?

An offshore (or foreign) bank account is a bank account you have outside of your country of residence. The benefits of an offshore bank account include tax reduction, privacy, currency diversification, asset protection from lawsuits, and reducing your political risk. In April 2016, Wikileaks released 11.5 million confidential documents, known as the Panama Papers, which provided detailed information on 214,000 offshore companies serviced by the Panamanian Law Firm, Mossack Fonesca. The document exposed how world leaders and wealthy individuals hide money in secret offshore tax shelters. The…  

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Answer Overview

Response rates from 749 Pistoia voters.

52%
Yes
48%
No
32%
Yes
40%
No
20%
Yes, as long as offshore income is reported
5%
No, too many wealthy citizens are abusing loopholes in offshore banking laws to evade taxes
3%
No, and neither should corporations and business organizations

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 @ISIDEWITH submitted…2mos2MO

Inside the Podcast Revolution: Trump’s Unfiltered Strategy and Harris’s ‘Meltdown’ Risk

Tech billionaire Elon Musk attributed President-elect Trump’s election victory, at least in part, to the lengthy podcast interviews he did during the campaign.In an interview late Tuesday with former Fox News host Tucker Carlson, Musk said Trump’s podcast appearances showed the American public that he was a normal person.“I think it made a big difference that President Trump and soon-to-be Vice President Vance went on lengthy podcasts,” Musk said in the interview.“I think this really makes a difference because people look at, like, Joe Rogan’s podcast, which is great, and Lex Fridman’s and the All-In podcast, and, you know, to a reasonable-minded, smart person — who’s not, like, hardcore one way or the other — they just listen to someone talk for a few hours and that’s how they decide whether, you know, you’re a good person, whether they like you,” he added, according to a clip highlighted by Mediaite.Trump conducted many interviews with new media during his campaign, as well as with legacy news organizations such as Fox News.Last month, he joined Joe Rogan’s podcast for a 3-hour long interview. The celebrity host later endorsed his candidacy.His opponent, Vice President Harris, did not appear on Rogan’s podcast because, according to “The Joe Rogan Experience” host, the Harris campaign only had an hour and required him to travel to her. Rogan said he felt “strongly” that the “best way to do” an interview with the vice president would have been in his studio in Austin, Texas.Musk recalled posting on his social platform X account that “nothing would do more damage” to Harris’s campaign than going on Rogan’s podcast, “because she would run out of non-sequiturs after about 45 minutes.”“You can’t hide for three hours,” Carlson replied.Musk added, “Yeah, like, hour two and three would be a complete melted puddle of nonsense. So it would just be absolute game over. That’s why she didn’t go on.”“But on the other hand, Trump, he’s there, and there’s no, there’s no talking points,” the Tesla CEO continued. “He’s just being a normal person who’s having a conversation, and doing three hours of Rogan, no problem.”

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 @ISIDEWITH submitted…3wks3W

Biden will issue a pardon of his son Hunter Biden

President Joe Biden has decided to issue a pardon for his son Hunter and is expected to announce it Sunday night, according to a senior White House official with direct knowledge of the decision.The decision marks a reversal for the president, who has repeatedly said he would not use his executive authority to pardon his son or commute his sentence. The pardon comes ahead of Hunter Biden’s Dec. 12 sentencing for his conviction on federal gun charges. Hunter Biden also is set to be sentenced in a separate criminal case on Dec. 16, after pleading guilty in September on federal tax evasion charges.The pardon is expected to cover both Hunter Biden’s gun charges conviction and guilty plea.The senior White House official said Biden decided over this weekend to grant his son a pardon and began to inform his senior aides on Sunday. Using his pardon power to assure Hunter Biden does not spend time in jail comes as the 82-year-old president is near the end of his term in the White House and has no future election to face. In recent months Biden has said he would not pardon his son or commute his sentence.“I will not pardon him,” the president said of his son in June after a jury found him guilty on three federal gun charges.President Biden has discussed issuing a pardon for his son with some of his closest aides since at least Hunter Biden’s conviction in June, two people with direct knowledge of the discussions about the matter said. They said a decision was made at the time for the president to publicly say he would not pardon his son even though doing so remained on the table.White House press secretary Karine Jean-Pierre told reporters earlier this month that the president’s position has not changed.

▲  1713 replies

Active 10hrs ago

 @ISIDEWITH submitted…6 days6D

Defense Bill Blocks Transgender Care To Minors

The Senate on Wednesday gave final approval to a defense policy bill directing $895 billion toward the Pentagon and other military activities, moving over the objections of some Democrats who opposed a provision added late in the negotiations that would deny coverage for transgender health procedures for minors.The 85-to-14 vote, coming a week after a divided House passed the same measure, cleared the bill for President Biden’s signature.Most Republicans and many Democrats supported the measure, which provides a 14.5 percent pay raise to junior enlisted service members and a 4.5 percent pay raise for all other service members. It also expands access to meal assistance, housing and child care programs that benefit those in uniform.But several Democrats withheld their backing in protest of a provision preventing TRICARE, the military’s health care plan for service members, from covering “medical interventions for the treatment of gender dysphoria that could result in sterilization” for children under 18.The language, which would affect the gender-transitioning children of service members, was recently added to the measure at the insistence of Speaker Mike Johnson, Republican of Louisiana, who refused to bring a defense bill to the House floor without it, according to aides familiar with the negotiations.Twenty-one Democrats, led by Senator Tammy Baldwin of Wisconsin, proposed an amendment to strip the provision from the bill, but the matter was never brought to a vote. Several of them took to the floor on Tuesday to lodge their objections.“It’s flat-out wrong to put this provision in this bill and take away a service member’s freedom to make that decision for their families,” Ms. Baldwin said, estimating that the provision could negatively affect as many as 6,000 to 7,000 military families.

▲  1911 replies2 agree