Lowtax: Global Tax and Business Portal










America the puzzled - By Kitty Miv, Editor

22 September 2011

My boss sent me to the USA this week. I can't quite make out whether she meant it as a reward, a training experience, or just as a journalistic assignment. She did say that I had become too obsessed by Europe, but that is true of American journalists as well at this moment of history. For them it is probably a relief to write about something other than US domestic politics and economics. And I must say that it is refreshing for me to write about American politics for a change; there has come to be a numbing sameness about the euro . . . Greece . . . bonds . . . the Tobin tax and so on and so on.

So what do I observe? America is lost: the old certainties have gone and nothing has come along to replace them. I used to live in the States, so I can compare. Once upon a time it used to be rather magnificent, if occasionally infuriating, that America and Americans believed so strongly - and so exclusively - in themselves. In Kansas City they might not have been quite sure which side the British were on in the last War, and in Washington they might have condemned half of Europe and most of Asia as the Evil Empire, but they believed explicitly in America The Beautiful, The Land Of The Free and The Land Of Opportunity.

Now? At a dinner party my hosts lamented that it was 50 years since there had been any sense of national purpose; it was almost as if the Vietnam War had witnessed the destruction of America as an idea that was worth believing in. They described the Congress as 'dysfunctional'. That is objectively true, who can deny it? and perhaps the bankruptcy of American politics accurately reflects the country's general lack of direction.

And yet America in its essence has not changed to my observation, as a visitor returning after 20 years. There is an encrustation of regulation and bureaucracy, it is true, but it is inconsequential. More important, people are still free to pursue opportunity, to get rich or poor, to live where they want, and to say what they want. Public issues are discussed with the same completeness and honesty as they ever were.

So what has changed? If it were not so patronising, one could say that America is growing up. Just as a self-obsessed teenage 'Master of the Universe' gradually starts to doubt his (her?) invulnerability in the early twenties, and adapt thoughts and behaviour to the adult world, so America, with all its over-weening strength and confidence, is being forced to come to terms with the uncontrollable realities of the modern world.

Yet there is no need for Americans to feel diminished, and I don't really think they do. Puzzled would be a better word. America is still the richest, most evolved, most forward-looking, freest and exciting nation, and Americans' moment of self-doubt is probably no more than that. They will recover!

Ciao, Kitty

You have been reading an entry on the following blog:

Kitty Miv, Editor

kitty@lowtax.net



Tags: Angela Merkel | Germany | HM Revenue & Customs (HMRC) | Hong Kong | Philippines | Russia | Scotland | Taxation | UK | US Congress | USA | Vladimir Putin | WTO


More posts from Kitty Miv, Editor

Hong Kong is at it all the time - By Kitty Miv, Editor

Encomiums and Execrations - By Kitty Miv, Editor

The Faustian bargain between governments and banks - By Kitty Miv, Editor

Being lead to think that the 'battle against offshore' is being won - By Kitty Miv, Editor

The US Treasury doesn't display the bumbling incoherence of Brussels - By Kitty Miv, Editor

It's only a matter of time before robots are given human rights - By Kitty Miv, Editor

Welcome 1984, already 28 years late but coming to your living-room soon!

Sex, drink and gambling - By Kitty Miv, Editor

"I don't know," he said, "but I hope they're nowhere near the Isle of Man." - By Kitty Miv, Editor

Because they are mis-educated, that's why! - By Kitty Miv, Editor

Guaranteed to infuriate the Chinese - By Kitty Miv, Editor

We are squirrels by nature, accumulating against a cold winter - By Kitty Miv, Editor

The real Greek problem, in a nutshell - By Kitty Miv, Editor

When bashing the rich is a good gimmick - By Kitty Miv, Editor

Heading for a dust-up - By Kitty Miv, Editor

If he has any sense he will quit his torture chamber - By Kitty Miv, Editor

Kitty would like to be paid - By Kitty Miv, Editor

Kitty in chains - By Kitty Miv, Editor

Going to the dogs - By Kitty Miv, Editor

Benjamin Franklin was wrong - By Kitty Miv, Editor

Capitalism in 2012? - By Kitty Miv, Editor

Kitty and the banks - By Kitty Miv, Editor

Sowing the seeds of revolution - By Kitty Miv, Editor

"It's the markets, stupid" - By Kitty Miv, Editor

"What has posterity ever done for me?" - By Kitty Miv, Editor

And the Devil take the hindmost! - By Kitty Miv, Editor

Hobknobbing with Singapore finance officials - By Kitty Miv, Editor

It's time we started to take referenda more seriously - By Kitty Miv, Editor

The EU should cut Greece loose - By Kitty Miv, Editor

The amazing success of the WTO - By Kitty Miv, Editor

Bash The Rich! - By Kitty Miv, Editor

Why The EU Is A Good Thing - By Kitty Miv, Editor

Don't Bet On It - By Kitty Miv, Editor

A Market In Countries - By Kitty Miv, Editor

America the puzzled - By Kitty Miv, Editor


Interested in blogging on Lowtax? We are currently accepting submissions!

By hosting your blog on the network you or your company can expect to benefit from our very high traffic levels. We boast one of the largest communities of professionals (tax, offshore, legal, etc) and HNWIs. If you are already a blogger, but want a wider audience, you can move an existing blog to our network, or if you've never blogged before, why not have a go? We'll help you get started.

E-mail blogs@lowtax.net to learn more.




Lowtax Forums More
 Cayman Islands 8 Topics
 Isle of Man 3 Topics
 Jersey 5 Topics
 Belize 5 Topics
 Brunei No topics yet
 Seychelles 1 Topics
 Canada 15 Topics
 China No topics yet
 Netherlands Antilles 4 Topics
 Lithuania 2 Topics
 Hong Kong 21 Topics
 Mauritius 6 Topics
 Lowtax.net General 328 Topics
 Australia 9 Topics
 Guernsey 3 Topics
 Slovenia No topics yet
 Ras Al Khaimah No topics yet
 Asia/Pacific No topics yet
 Monaco 1 Topics
 Marshall Islands 2 Topics
 

Network Tweets


Strategic Partners

Lowtax Network Portal: 'Low-tax' business and investment in the top 50 jurisdictions covered in exceptional detail.
Tax News
: Global tax news, continuously updated through the day.
Investors Offshore: The independent offshore and alternative investment guide for expatriates and the globally aware investor.
Law & Tax News: Daily news and background data on tax and legal developments for international business.
Offshore-e-com: A topical guide to offshore e-commerce focused on tax and regulation.
Lowtax Library: One of the web's largest and most authoritative business and investment information sources.
US Tax Network: The resource for free online US taxation information, covering: corporate tax, individual tax, international tax, expatriates, sales and e-commerce tax, investment tax.
Personal Business Tax Guide: Providing essential tax news and information on business for contractors, entrepreneurs, professionals, small businesses, artists, sportspersons and entertainers.
Offshore Trusts Guide: OTG publishes news, features and newsletters on the use of offshore trust structures.
TreatyPro: The online tax treaty resource.


Lowtax Library

One of the web's largest and most authoritative business and investment information sources. Alongside topical, daily news on worldwide tax developments, you can receive weekly newswires or access up-to-date intelligence reports on a range of legal, tax and investment subjects.

FREE TRIAL NEWS SUBSCRIPTION

Our 16 constantly updated intelligence reports cover every important aspect of 'offshore' and international tax-planning in depth, including banking secrecy, the EU's savings tax directive, offshore funds, e-commerce, offshore gaming and transfer pricing. Reports are available for immediate downloading or as subscription services with news pages.


Advertising & Marketing

With over 50,000 qualified readers every month our web-sites offer a number of cost effective, targeted advertising, sponsorship and marketing opportunities:

- Display advertising - from 'skyscrapers' to 'buttons'
- Content/article submission and sponsorship
- Opt-in email marketing
- On-line Services Directory listings

Click here to learn more or contact Charles Bell on +44 (0)1424 205 425 or at charles@bsi-media.com and he will put you in touch with your regional rep.


News & Content Solutions

Could your corporate web-site or newsletter benefit from incorporating regularly updated news and content tailored to serve your clients' interests? We can provide a variety of maintenance-free news and content solutions that can be seamlessly integrated and dynamically delivered:

- Customised, personalised 'own-brand' news services
- Newsletter content and management
- News Headline Tickers

Click here to learn more or contact Charles Bell on +44 (0)1424 205 425 or at charles@bsi-media.com and he will put you in touch with your regional rep.