To avoid being enslaved by Obama's tax hike (over $250,000), should my proactive...

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Mil????????????

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...parents put their money in ? off shore accounts? Should my parents consider this option if Obama is elected because they're making more than the $250,000? Should they try to make less money/less than $250,000? Making less money is not an option for them. I can't lose my credit cards and all my stuff. My parents say that's what will happen if I make the mistake of voting for Obama (like other rebellious 19 year olds). I still want the perks. Is putting their money in off shore accounts a good idea?

Thank you
OH MY GOD! Some people are so rude.
Thank you all for the great ideas. I will tell my parents so they know I'm thinking of them. I don't want them to do anything illegal but I don't want to lose my stuff either.
 
All 185,000,000 working Americans should on the day Obama assumes a win - takes the oath will all revise their employers W4 deductions to "exempt". Now lets see what Obama will do with that crises.
 
Where? The Swiss banks are unreliable, the Cayman islands are not safe any more and investing in Dubai is high risk.
 
money in off shore accounts is not insured so therefore if that institution goes under your money is gone.

If you don't want to lose your freedom and sense of being an American vote McCain! It's the only way to keep the American Dream!

ETA it is NOT illegal to have bank accounts outside of the USA
Stupid-yes, illegal-no
 
In other words...you're a spoiled brat that's been bribed by your parents to vote for Obama? How will they know who you vote for anyway? That is a private choice.
And people want to say that Democrats are the lazy ones, take this girl for example and look how lazy she is most likely going to be.
 
Yes. Try the Bahamas. What you do is set up a Foreign Sales Company there and make a loan to the company with the money you make over 250K. The corporation pays your parents interest on the loan however, it is exempt from tax because of the FIRPTA rules.

The wait a few years and save the money so you can bail your parents out of jail.

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