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tax Archive

  • It might surprise many, nonetheless, governments have routinely spent more than they take in from taxes. In ancient times, governments simply minted more coins to fund their operations; they generally did not borrow.

    Have Governments Always Spent More Than Tax Revenues?

    It might surprise many, nonetheless, governments have routinely spent more than they take in from taxes. In ancient times, governments simply minted more coins to fund their operations; they generally did not borrow.

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  • Higher taxes reduce economic growth, plain and simple. Then we have the average person who is robbed by about 50%+ between income taxes (federal and state), property taxes, fees, tools, and sales taxes. All of this goes to sustain government; it does NOT raise the living standard of the average person. Europe is even worse.

    Social Inequality – Who Actually Creates It?

    Higher taxes reduce economic growth, plain and simple. Then we have the average person who is robbed by about 50%+ between income taxes (federal and state), property taxes, fees, tools, and sales taxes. All of this goes to sustain government; it does NOT raise the living standard of the average person. Europe is even worse.

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  • Real estate has peaked in REAL TERMS. The sub-prime market that made the high in 2007 was not exceeded. The secondary rally into 2015 was the high-end, so we now have the IRS targeting NYC and Miami in their hunt for money.

    Real Estate in Real Terms

    Real estate has peaked in REAL TERMS. The sub-prime market that made the high in 2007 was not exceeded. The secondary rally into 2015 was the high-end, so we now have the IRS targeting NYC and Miami in their hunt for money.

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  • For you see, historically the king had NO RIGHT to impose taxes. He had to summon Parliament and ask for their “consent” to tax the people and the only justification was war to DEFEND the country, not to invade another, hence 100 year war.

    Australia Cannibalizing its own Economy

    For you see, historically the king had NO RIGHT to impose taxes. He had to summon Parliament and ask for their “consent” to tax the people and the only justification was war to DEFEND the country, not to invade another, hence 100 year war.

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  • Now, Judicial Watch announced that it filed a lawsuit on December 2, 2015, in the Federal Court of the District of Columbia to seek records of communications from National Oceanographic and Atmospheric Administration (NOAA) officials regarding their methodology for collecting and interpreting data used in climate models. They are refusing to produce these records because it will reveal that climate change is a scam to grab taxes.

    Global Warming Scandal Heating Up

    Now, Judicial Watch announced that it filed a lawsuit on December 2, 2015, in the Federal Court of the District of Columbia to seek records of communications from National Oceanographic and Atmospheric Administration (NOAA) officials regarding their methodology for collecting and interpreting data used in climate models. They are refusing to produce these records because it will reveal that climate change is a scam to grab taxes.

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  • Seven of the biggest investment banks operating in London paid little or no tax in Britain last year, despite reporting billions of dollars in profits, a Reuters analysis of corporate filings shows.

    Exclusive: Seven big investment banks in UK paid just $30 million tax in 2014

    Seven of the biggest investment banks operating in London paid little or no tax in Britain last year, despite reporting billions of dollars in profits, a Reuters analysis of corporate filings shows.

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  • This is perfectly in line with our cyclical models because the DOLLAR has become the world reserve currency for real and by default. The dollar bears who keep claiming it will crash, are looking only domestically. They have no peripheral vision and thus remain blind to the trend globally. They may sell stocks assuming lower oil means more deflation. What if they are wrong?

    The Move to America – the Great Capital Migration

    This is perfectly in line with our cyclical models because the DOLLAR has become the world reserve currency for real and by default. The dollar bears who keep claiming it will crash, are looking only domestically. They have no peripheral vision and thus remain blind to the trend globally. They may sell stocks assuming lower oil means more deflation. What if they are wrong?

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  • Thousands of refugees disappear in East Germany without a trace after the initial reception. This is merely highlighting the security risks for Europe as a whole. The politicians just do not get it. The situation cannot be properly managed. The idea behind this move by Merkel has been to expand the population to sustain the tax levels and pay the pensions that are going bust.

    Refugees Vanish After Entry in East Germany

    Thousands of refugees disappear in East Germany without a trace after the initial reception. This is merely highlighting the security risks for Europe as a whole. The politicians just do not get it. The situation cannot be properly managed. The idea behind this move by Merkel has been to expand the population to sustain the tax levels and pay the pensions that are going bust.

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  • This is the logic employed by those in power. They are raising taxes and destroying the economy; when revenues decline, they raise taxes further. The evidence that politicians are incompetent of managing the economy is simply illustrated here. Now, we have Hillary claiming that she will raise taxes on corporations, but that will reduce jobs for she will only attack small businesses and never the big entities and banks who fund her campaign.

    Are Negative Rates Fueling Deflation?

    This is the logic employed by those in power. They are raising taxes and destroying the economy; when revenues decline, they raise taxes further. The evidence that politicians are incompetent of managing the economy is simply illustrated here. Now, we have Hillary claiming that she will raise taxes on corporations, but that will reduce jobs for she will only attack small businesses and never the big entities and banks who fund her campaign.

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  • The hunt for money is getting really aggressive. Couples with children were not being pulled over. I, traveling alone, became the target. In the case of London, I was dressed in a tie jumping on the train from Brussels after high levels meetings there. OK, I thought, perhaps I stood out since everyone else was casual that day being formally dressed. This time, I was casual. That did not matter. Perhaps they profile those traveling alone. Guess a new business will emerge where you rent a family to travel.

    The Hunt for Loose Change

    The hunt for money is getting really aggressive. Couples with children were not being pulled over. I, traveling alone, became the target. In the case of London, I was dressed in a tie jumping on the train from Brussels after high levels meetings there. OK, I thought, perhaps I stood out since everyone else was casual that day being formally dressed. This time, I was casual. That did not matter. Perhaps they profile those traveling alone. Guess a new business will emerge where you rent a family to travel.

    Continue Reading...