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Archive for the ‘taxes’ Category

How the public is conditioned at their own expense to accept their economic exploitation. The outrage of non-science being taught as fact in our educational system should be protested by intellectuals and scientists everywhere.

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Rep. Grayson introduces a bill to cut separate funding for the wars in Iraq and Afghanistan, and uses the money to eliminate federal income taxes on every American’s first $35,000 of income.

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Via solari.com:

Congress slipped in a provision that requires every non-tax-exempt business in the US to provide by January 31 of each year an information return (usually, a 1099) to every payee to which it makes aggregate payments of $600 or more during a calendar year, effective for 2012.

[…]

Is the goal to so overload small business with compliance costs that you put them out of business? We think so.

All government regulation (aka “reform”) is designed to create and maintain monopolies. This is how fascism works.

“Fascism should more properly be called corporatism because it is the merger of state and corporate power.” – Benito Mussolini

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China wants to implement a U.S.-style property tax to prevent a housing bubble, they say. Because we all know how well it worked to prevent the government and Fed created housing bubble in the U.S.

As Jeffrey Tucker puts it:

What will these commies think of next? U.S.-style regulation on toilet-tank size? U.S-style limits on using cash? U.S.-style bailouts of failing industries?

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Robert Wenzel writes:

As for the specifics of the global bank tax, as I pointed out on Wednesday, when discussing the tax:

One key point to note is that the tax will be based on “riskiness” where government paper will most assuredly be ranked as least risky, thus driving banks funds in the direction of propping up the government debt sector at the expense of the productive private sector.

The tax can thus be used to drive funds to the government financial securities markets and to other politically favored investment sectors. If a sector isn’t in good favor with the global elite, they will tax financial instruments coming out of that sector at a higher rate. Banks will make a lot fewer loans in sectors where instruments are heavily taxed.

Manipulative macro madness will be upon us with this move. The coming control of the financial sector at a global level will be something never before seen on the planet.The global elite are winning.

And you are losing.

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