How come it is, that when the Chinese, Vietnamese or someone like that comes here to the U S, they get "FREE" money to buy businesses? And the money is tax free for 7 years, then they go ahead and put the business in someone elses name so they don't have to ever pay taxes.
2006-09-10 22:36:40 · 6 answers · asked by woman 2 in Business & Finance ➔ Taxes ➔ United States
I've heard that they have access to about $50,000 to start a business which they do then when the seven years is up sell it to a relative for the $50,000 and go back home, or stay and work there...it's ridiculous and basically it comes down to this now...it used to be if you born white in this country you were golden...now a days if your born white in this country your screwed the entire system is working against you.
2006-09-10 22:44:47 · answer #1 · answered by Skinny 4 · 0⤊ 1⤋
Why is it that anyone thinks this is true? This statement keeps getting repeated here, with no proof at all - just because it's said multiple times doesn't make it so.
Take a look at the IRS website. Immigrants with residence in the USA pay taxes just like anyone else. There are some exceptions for non-residents, where the source of the income is OUTSIDE the US, but that's it.
A legal immigrant would have the right to compete for grants for starting a business the same as anyone else here legally, i.e. born here. What's wrong with that? Most people have immigrants somewhere in their lineage.
2006-09-11 12:02:07 · answer #2 · answered by Judy 7 · 0⤊ 1⤋
Well dear.. Every system which is made for social equality & upliftment has some loop holes... However if a system is able to deliver 80 % above good result with rest being a fraud that system is termed OK.. so if in this case it is happening it may not be happening to every one & only 10 -15 % so that good part of this system is also coming in to picture.,..
2006-09-11 05:44:44 · answer #3 · answered by Ashish Samadhia 3 · 1⤊ 0⤋
I had a Russian neighbor who got similar treatment. The government was paying him to live here on some sort of religious asylum program. He had a wife and nine kids. They lived better than I did. Go figure.
2006-09-11 05:44:02 · answer #4 · answered by Mr. Peachy® 7 · 1⤊ 0⤋
Don't forget to vote thumbs down on the question ...
2006-09-11 12:05:08 · answer #5 · answered by TaxGuru 4 · 0⤊ 1⤋
Where is the evidence that your statement is true - I need some references please.
2006-09-11 05:39:30 · answer #6 · answered by Bebe 4 · 1⤊ 1⤋