This is What Can Happen If You Don’t Pay Taxes

A comedian once said that death is painful, but it only happens once.

Taxes, however, seem to get more painful every time politicians get together. It’s also an annual ritual of mental anguish for many Americans. Who doesn’t dread the annual encroaching of April 15th?

Depending on your tax bracket, the average annual tax burden for most Americans is between 10% to 14% of income. Some corporations can get away without paying taxes under recent changes in the law, but you can’t.

As an American citizen, even if you live abroad, not paying taxes can bring you a lot of long-lasting legal grief. Here’s what can happen.

Small-cap winners galore

The big stock market winners share one common attribute: Near the beginning of the ascent of their shares, the companies offer revolutionary products or services, are market leaders in their respective industries, or both. Some big stock market winners that possessed the attributes outlined above are Netflix (NFLX), which we recommended to investors in October 2002; Intuitive Surgical (ISRG), which we bought and recommended in July 2004; Baidu.com (BIDU), which we bought and recommended in August 2006; and MercadoLibre (MELI), which we recommended to investors in October 2010. Get up-to-date small-cap stock picks from David Frazier, editor of Small-Cap Profit Confidential.
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Smarter cryptocurrency investments

The stock market crash of 2008 was the catalyst for his journey into alternatives. And interestingly, it was the impetus behind the creation of Bitcoin and the blockchain technology behind it. Keene Little wasn’t ready to risk his money yet but he was very curious, so he began charting Bitcoin’s technical patterns. What finally convinced him to dip a toe into digital currencies was seeing that they followed familiar price patterns that could be analyzed and successfully acted on. Now he shares those insights with subscribers to the Crypto Wealth Protocol.
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