Originally Posted by TheDoc

Here, if you're an American you pay global tax on money earned, you report your income either way otherwise it's criminal. Some rules change a little once you live off shore, but if you live here you can make all the money you want some place else and you're still paying taxes, unless you're not the majority owner - but you would for any direct income earned.

The taxes aren't increasing, they're simply going back to a previous level. A level which did not have rich people running from our Country but making the most money ever in history.

Just 5-8 years before that, taxes were crazy higher than they will be returning to... again, they didn't leave the Country and during that time the economy sucked for a good bit too. But as always it helps boost things and turn it around for the future.