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Eat, drink, and be merry for in all things you will be taxed

It is said that the three primary things a government is good for is growing itself, rewarding favored patrons, and taxing its citizens.  And whether it is the European Commission, the state of India, or even the United States, money is the fuel that helps those in leadership accomplish these primary goals. Many people have chuckled at the myriad of ways governments have used tax laws to try to scrounge up ...

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Dallas pension fund Part III: City threatens to raise property taxes on citizens to cover shortfalls

Thanks to programs like Dodd-Frank and others which have allowed Wall Street and pension fund managers to mask the true value of their assets through a scheme known as 'mark to model', state, local, Federal, and many private retirement accounts have been able to skate by with being severely underfunded.  But for one municipality, a state court ruling made a few months ago summarily meant that the proverbial ...

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Bankers want Hillary Clinton to impose a tax on the American people to support Wall Street liquidity

A week ago I wrote an article on how fascism had fully integrated itself into the U.S. government, and where in a Wikileaks dissemination we found out that Citibank had given a list to incoming President Barack Obama on who to assign to his cabinet and as expected, many of these 'suggestions' were implemented. But as we head towards the election of a new President in less than three weeks, an interesting op ...

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World Health Organization channels its inner Bloomberg as it calls for introducing taxes on sodas and other sugary drinks

A few years ago, New York City mayor Michael Bloomberg tried to legislate morality in the 'war on obesity' by calling for a tax on sodas and other added sugar drinks that were over a specific size.  And while the tax never made it through the state's legislature, his tax on sodas become a symbol of how the liberal nanny state tries to regulate everyone from cradle to grave. Unfortunately, the idea of a soda ...

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European Commission wants to tax links to websites and webpages

Over the past year there has been much discussion over the forging of non-transparent trade agreements that seek to close rather than open trade between the U.S. and Western economies.  But for several years the real elephant in the room has been the lack of openness within the world's largest trade coalition, that being the European Union. Over the decades the EU has filed lawsuits against companies and co ...

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It didn’t take long for Japanese citizens to rush to get their money out of their banks thanks to NIRP

If the world ever wanted to see in real time what people do when their government puts a tax on their savings, then all they need to do is take a look at Japan now that their central bank has implemented a negative interest rate policy (NIRP).  Because just weeks after the Bank of Japan's (BOJ) head Kuroda announced the new policy out of thin air, runs to get cash out of banks have begun in earnest, with sa ...

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Helicopter Ben goes to Switzerland as people to vote on getting monthly government payouts

It is becoming more and more apparent that the entire global financial system is rushing headlong into a titanic collapse sometime in the future, and governments along with central banks are willing to do anything to extend it as far as it can go.  This of course means that at certain points along the way they need to use more and more drastic measures in order to stimulate spending. Starting late in 2015, ...

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U.S. Senator calls for a new surtax to fund ISIS ‘war’ as 8 out of 10 Americans think we are losing

Since 2003, Congress has spent over $3 trillion on wars in the Middle East, with little to show for it besides the rise of an Islamic caliphate.  And if more than a decade at war isn't enough for the American public, a U.S. Senator from the state of Delaware wants to create a new surtax on the people to fund an escalation of the 'war' on ISIS, and at a time when 8 out of 10 Americans believe the Obama admin ...

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Ontario becomes ground zero for citizens being asked to pay for the debts of their government

$160,000.  That is how much each American 'virtually' owes bondholders to cover the government's nearly $19 trillion in national debt.  And while our taxes are the primary collateral which allows Uncle Sam to borrow from a privately owned central bank, is there a chance sometime in the future where the government may use force, coercion, or even confiscation to pay these obligations that neither you nor I v ...

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U.S. lowers tax barriers to allow foreigners to buy more property and investments

Since the 1990's, central bank policy has been to create monetary environments that build financial bubbles to make the economy look much better than it actually is.  And just as we recently saw where Fannie Mae is engineering a modified resurrection of sub-prime lending to boost the current housing bubble even further, the government is also jumping on the bandwagon by lowering a 35 year old tax rule that ...

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Muslim leader in Central Asian country calls for progressive taxes on acts of sex

In the United States today we have a radical religious activist by the name of Kim Davis, who is becoming a 21st century version of Carrie Nation, and who is trying to bring about a one woman battle against homosexual marriage the same way Nation did against drinking just prior to Prohibition.  But for another religious zealot that resides in a country located in Central Asia, a leader within the religion o ...

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Court issues ruling that attorney client privilege no longer fully protected

The shocking secret most Americans in our apathetic society fail to realize is that over the past two administrations, all but one of the 10 Amendments in the Bill of Rights have either been usurped, or causally thrown away by the Federal government.  Even our most sacred trusts of Freedom of Speech and Freedom of Religion have been trampled to death under the auspices of minority rights, diversity, and fai ...

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