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Results from Green Party
Last answered 1 hour ago
Distribution of answers submitted by Green Party.
Data includes total votes submitted by visitors since Apr 8, 2016. For users that answer more than once (yes we know), only their most recent answer is counted in the total results. Total percentages may not add up to exactly 100% as we allow users to submit "grey area" stances that may not be categorized into yes/no stances.
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* Data estimated by matching users to U.S. Census data block groups via the American Community Survey (2007-2011)
Learn more about Offshore Banking
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 release of the documents renewed proposals for laws banning the use of offshore accounts and tax havens. Proponents of the of the ban argue they should be outlawed because they have a long history of being vehicles for tax evasion, money laundering, illicit arms dealing and funding terrorism. Opponents of the ban argue that punitive regulations will make it harder for American companies to compete and will further discourage businesses from locating and investing in the United States. See recent offshore banking news
More stances on this issue
There should be a confuscatory 100% tax on the wealth of the 1%. 3 years ago from a Green in Los Angeles, CA
No. If companies are discouraged from investing and locating in the U.S., they should also be banned from selling to the U.S. 3 years ago from a Green in San Jose, CA
Multinational commerce is important but using it to avoid taxation cannot be allowed. People and corporations who fail to report any income should face extreme repercussions. 3 years ago from a Green in Summerville, SC
Current banking regulations against this already discriminate against expatriate americans and give them an undue burden, especially if they do not intend on returning. America is the only major country that taxes world income by citizenship and not... 3 years ago from a Green in Cape Vincent, NY
I don't have a problem where money is put into a bank as long as they are taxed and reported just like they would be if put in a bank within the US. 3 years ago from a Green in Costa Mesa, CA