posted on Mar, 27 2010 @ 07:15 PM
Sovereign Citizens Inc. (SCI)
Corporate Structure-Everyone that joins is an officer. This is a wholly non-political, non profit corporation. Individual officers can and are
encouraged to join in the political but nothing is mandated.
-each officer creates a subsidiary corporation Sovereign Citizen Inc. Subsidiary (SCIS) in their name, this is where the corporation finances are kept
individually controlled
-I was thinking this is pretty much it for the structure
Advantages to the corporation
-trade between the subsidiaries, would not be considered profits, due to the fact that you are only moving the assets to a different part of the
company, the SCIS’s would of course have to apply their profits of course to their SCIS
-being an employee of another company (outside this corporate structure) one can set up the necessary contract to secure between a SCIS and the
outside company to maintain the necessary coverage of the workers comp, disability or whatever. (Social Security, Health Care and Medicare) can be a
decision of the SCIS, this would remove all Income Tax
-working for a SCIS as a SCIS is totally up to the two subsidiaries, remember you are not moving any exterior assets so the government has no
involvement
-as a corporation, all expenditures such as residence, vehicle, etc can be taken out of gross income. So your corporate tax would be generally your
gross income-living expenses. This would need to be researched.
-This removes a lot of the income that the government uses in its uncontrollable spending
Now, I have sent an e-mail to a FEO that I know, he is a pretty busy guy but he usually gets back to me within a day or two. It being Sunday it may
take a few more days.
I think this has merit but I would hate to get any hopes up. I worked as a sub-contractor once and there are a lot of things they require in
construction. Such as a liability package, contractors license, etc.
But, I was thinking that all companies all ready have these things for their employee's. Now, if their insurance companies did not have a problem
with a person as being covered, I do not see the difference between that and a person as a corporation.
The nickname for the idea, is the strawman for my strawman.
Any ideas are appreciated.
Will do some more research.
[edit on 3/27/2010 by endisnighe]