Private city in Honduras will have minimal taxes, government | Fox News: Libertarian Heaven?

by Heisenberg Posted 2012/09/25 01:27:10

Related Topics: Income, Investment, Free, Government, Test, taxes, 2012, Capitalism, News, Sales, Heaven, honduras, Sale, Private, World

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23 votes
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	Agree	19 votes	83%
	Disagree	4 votes	17%

FOXNEWS.COM reports:
Small government and free-market capitalism are about to get put to the test in Honduras, where the government has agreed to let an investment group build an experimental city with no taxes on income, capital gains or sales.

investment group build experimental city taxes income capital gains sales

investment group build experimental city taxes income capital gains sales

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ray 2012/09/25 01:55:35

Agree

+4
America went over a hundred years with no income taxes or Capital gains taxes.
With Millionaires running out of the EU , Asia and America looking for a place to go , Honduras may be in for a Boon .
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More polls by Heisenberg

Professor Wizard 2012/09/25 15:10:02

Disagree

It won't fly!

Government still needs income. so the other tax's will need to be ridiculously high to balance the budget.

Nice concept though.

reply
thefatguy 2012/09/25 05:34:15

Agree

+1
Awesome! When's the next flight?

reply
mikeeonly 2012/09/25 03:15:02

Agree

it's not the only place in the world like that

reply
Dub 2012/09/25 03:13:48

Agree

I'll bet it works out better than our government.

reply
Trader1 is kerbonkin' 2012/09/25 03:07:17

Agree

+1
Sounds very interesting. I have to commend the government of Honduras for taking a risk on approving this. It has a very good chance of working out as long as the people coming into it are all commited to the original idea.

reply
Gracie - Proud Conservative 2012/09/25 02:37:05

Agree

+3
It will be great until the Californians move in.

reply
Dickens 2012/09/25 02:29:26

Disagree

...hope they don't need any sort of defense forces...no reason for the Honduran forces to defend people who pay nothing for defense..

reply
All American 2012/09/25 02:20:03

Agree

+2
I would love to see the outcome of this.

reply
ray 2012/09/25 01:55:35

Agree

+4
America went over a hundred years with no income taxes or Capital gains taxes.
With Millionaires running out of the EU , Asia and America looking for a place to go , Honduras may be in for a Boon .

reply
☆stillthe12c☆ 2012/09/25 01:50:37

Agree

Sounds great, but how long will that last.

reply
Justagirl 2012/09/25 01:30:48

Disagree

+1
until the "others" move in..;oP always happens

reply
Jesse 2012/09/25 01:30:25

Agree

+3
I know where my daughter and I are moving!

reply
Heisenberg 2012/09/25 01:27:47

Agree

+4
*Packing Bags*

reply