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Strategies & Market Trends : Taking Advantage of a Sharply Changing Environment -- Ignore unavailable to you. Want to Upgrade?

To: Doug R who wrote (1367)

1/25/2019 12:59:29 PM

From: isopatch

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Respond to of 6353

Quick follow up after yesterday's Yahoo story presenting a wealth tax separate and in addition to Fed, State, County and City income taxes. Looking more and more like typical planned and coordinated effort between MSM outlets (Wash. Post, CNBC & Yahoo) and the political leaders they promote. (comment further below text of article). Typically, expect less receptive MSM outlets to join the clamor in the future. Perhaps sooner rather than later because they never want to be left out of anything that may become popular.

Per prior posts, expect the drum beat - from a long list of bigger government supporters - to continue for the next several years anticipating one of them will capture the WH in 2020 and ram this thru.

<Elizabeth Warren proposes 'wealth tax' on Americans with more than $50 million in assets

Sen. Elizabeth Warren, D-Mass., has proposed a "wealth tax" on some of the richest Americans.
The new tax from Warren, who recently announced her bid to challenge President Donald Trump in 2020, would only apply to Americans with more than $50 million in assets.

https://www.cnbc.com/2019/01/24/elizabeth-warren-to-propose-new-wealth-tax-economic-advisor.html

Claim that only the ultra-rich will be taxed is as fake as Warren's Native American identity. Per prior post,
it's typical bait and switch propaganda. Ultra rich never pay more than token rates. Middle and Upper Middle
Class AND Small Businesses WILL pay. They can't afford the army of expensive lawyers and accountants
or large campaign contributions used by the super rich to avoid paying. Look folks, it's been the same story
with every tax in every nation. This time won't be different.

Iso