It looks terrible if you just write yourself a check. "To Muddobber, from US treasury. $20 million dollars".
So you pass a law or negotiate a treaty that saves a shipping company $100M over the next 10 years in taxes. They hire your father in law as a consultant for $3M/year/10years. He leaves you $20M in his will.
So now it's all legal, it's obfuscated, and it's costs the american taxpayers AT LEAST $100M ($80M more than direct theft would have), but probably $1B or so because you know other companies are gonna jump through that loophole too.
Bull shit. Stole it from US treasury.
Technically yes, but Congressmen call it inheritance.
It looks terrible if you just write yourself a check. "To Muddobber, from US treasury. $20 million dollars".
So you pass a law or negotiate a treaty that saves a shipping company $100M over the next 10 years in taxes. They hire your father in law as a consultant for $3M/year/10years. He leaves you $20M in his will.
So now it's all legal, it's obfuscated, and it's costs the american taxpayers AT LEAST $100M ($80M more than direct theft would have), but probably $1B or so because you know other companies are gonna jump through that loophole too.
Plausible deniability.