categoryMenu_new
 
  Home
  EXTRAORDINARY AH Teaching from Spiritual Hierarchy
  AbundantHope
  NEW READERS! Read Here First
  Supporting AH
  Leadership of AbundantHope
  Announcements
  Regional AH Sites
  Other Sites with AH material
  Contact Us
  Becoming A Messiah
  OUR PUBLIC FORUM IS OPEN TOO ALL
  Mission Ideas
  System Busting
  Cleric Letter/English
  Translations of Cleric Letter
  AH Member Writings
  Candace
  Ron
  Rosie
  Jess
  Brian's Poetry
  James
  Giuseppe
  Esteban
  Telepathic Messages
  Candace
  Jess Anthony
  Vince
  Leonette
  John
  Adam
  Bela
  Joyce
  Hazel
  Kibo
  Peter
  Rosie
  Johan
  Lucia
  Lucia G
  Rubens
  Shellee-Kim
  Ben
  Dorothea
  Solon
  Others
  Targeted Messages
  Hano
  Light Flower
  Changing The Face Of Religion
  - Phoenix Journals - PDF in German
  Candace on Religion
  Other Spiritual Pieces
  Spiritual Nuggets by the Masters
  Phoenix Journals
  Phoenix Journals - PDF
  Telepathic Messages PDF books
  Selections from the Urantia Book
  Illustrations For The Urantia Book
  CMGSN Pieces
  THE WAVE
  Environment/Science
  David Crayford and the ITC
  Health and Nutrition
  Podcasts, Radio Shows, Video by AH
 
  Political Information
  True US History
  Human/Animal Rights
  The Miracle That Is Me
  Education
  Resources
  911 Material
  Books - eBooks
  government email/phone #'s
  Self Reliance
  Video
  Websites
  Alternative News Sources
  Art and Music
  Foreign Sites
  Health and Healing
  Human/Animal Rights
  Scientific
  Spiritual
  Vegan Recipes
  Translated Material
  Dutch
  Gekanaliseerde berichten Jess
  Gekanaliseerde berichten Candace
  Gekanaliseerde berichten Anderen
  Artikelen/berichten
  French
  Canal Jess
  Par Candace
  Other Channels
  Articles
  German
  Telepathische Nachrichten (Candace)
  Telepathische Nachrichten (Jess)
  Telepathische Nachrichten (div.)
  AH Mitgliederbeiträge (Candace)
  AH Mitgliederbeiträge (Jess)
  Spirituelle Schätze
  Italian
  Translations - Candace
  Translations - Jess
  Translations - Others
  Portuguese
  by Candace
  By Jess
  By Others
  Spanish
  Anfitriones Divinos
  Bitácoras Fénix
  Creadores-de-Alas (WingMakers/Lyricus)
  Escritos de Candace
  Escritos de Otros
  Monjoronsón
  Telemensajes de Candace
  Telemensajes de Jess Anthony
  Telemensajes de Otros
  Chinese
  By Candace
  By Jess
  By Others
  Korean Translations
  Hungarian Translations
  Swedish Translations

Search
[an error occurred while processing this directive]
Political Information Last Updated: Sep 19, 2019 - 6:31:26 PM


The Bolsheviks Even Want To Tax Your Toaster Oven...
By Simon Black
Sep 19, 2019 - 6:28:36 PM

Email this article
 Printer friendly page Share/Bookmark

https://www.zerohedge.com/personal-finance/bolsheviks-even-want-tax-your-toaster-oven

In a concept paper called "Treat Wealth Like Wages", the ranking member of the US Senate Finance Committee laid out a plan late last week to radically overhaul the tax code in a way never before seen.

Just as you'd expect from the title, his central idea is to tax wealth; if you own just about anything, this Senator wants you to start paying an annual tithe to the federal government.

It's sort of like how property tax works: you don't actually -own- your own property. You're just renting it from the government.

They charge you a tax each year- some percentage of the property's value-  to use the land. And if you don't pay your property taxes, they'll come and take it from you.

Now they want to create a similar federal tax that applies to almost every major asset you own.

This includes CASH in your bank account. Financial assets like stocks and bonds. Private business and partnership interests. Your entire real estate portfolio. Collectible assets like art and fine wine.

Never mind that you've bought these assets with money that's already been taxed. Now they want to tax it again, every year. And when you die they want to tax it again.

They even included Individual Retirement Accounts.

Hell, for that matter they even proposed taxing "household goods" beyond a certain threshold. So you could even pay tax on your toaster oven.

What I found really interesting about this proposal, though, is that the guy who authored it is NOT one of the 10,000 people running for President right now.

In fact, this US Senator (Ron Wyden from Oregon) isn't even up for re-election until 2022, at which point he'll likely retire.

We'd expect to hear about wealth taxes from all the Bolshevik presidential candidates who are seeking attention and headlines. Or from some firebrand Twitter Queen who hates rich people.

But Ron Wyden is neither of those. He's a seasoned, 70-year old US Senator who created a detailed 33-page plan on why AND how to implement a wealth tax.

This shows that the idea is really catching fire.

The wealth tax, of course, joins a slew of other taxes and hikes that have been proposed by the motley gang of Bolsheviks.

Several candidates plan to drastically raise the Death Tax while slashing exemptions. Others want to raise the top income tax rate to 70%. Another wants to tax UNREALIZED (i.e. paper) gains on investments.

They always say, of course, that they only want to tax the wealthy. They might even mean it.

But take a look at the income tax itself as a great historical example.

When the income tax was first implemented in 1913, it was intended to affect only the wealthiest households in America. Plus, the base rate was just 1%, and the top rate was 7%.

It was only a few years later that the middle class got ensnared into paying taxes. And by 1922, there were FIFTY SIX different tax brackets, all the way up to 73%, with nearly everyone in America owing a ‘fair share'.

Point is, whatever they create to tax the rich almost always ends up affecting the middle class.

And this latest proposal shows that the idea of a wealth tax has a LOT of momentum.

It's no longer some lofty sound byte. There are detailed plans and real support behind it... which means you might want to strongly consider your own options for a Plan B.

Read the rest...at

https://www.sovereignman.com/international-diversification-strategies/the-bolsheviks-even-want-to-tax-your-toaster-oven-25576/




All writings by members of AbundantHope are copyrighted by
©2005-2019 AbundantHope - All rights reserved

Detailed explanation of AbundantHope's Copyrights are found here


Top of Page

Political Information
Latest Headlines
The Death of Europe, with Douglas Murray
Donald Trump Gets an Earful After Saying US-Italy Ties Go Back to Ancient Rome
B***h, Please! Banning ‘sexist’ Language Won’t Make Sexism Disappear, any more than banning racial slurs killed racism
Cambridge Analytica Whistleblower: Facebook Is The Biggest Threat To Democracy
No One Wants War—But Kurds Warned They Will Be Crushed By Turkish Military Machine
Report: George Soros Gave $300k to Italian Radicals in 2017 to Promote Immigration
Assange in Court: What I Saw
Democrats Helped Cultivate the Barbarism of ISIS
PAY ATTENTION: John Podesta Was Mastermind Behind Tulsi Gabbard 2016 Win!
San Francisco Bans City Employees from taking Work Trips to 22 Pro-life States
When U.S. Officials Ignore The President The Outcome Is Chaos
TRUDEAU WIN FIXED? Everything points to stolen Canadian elections
A New Crispr Technique Could Fix Almost ALL Genetic Diseases
Experts Ponder Why Senator Romney Has “Amusing Peter” As Democrat Party Nears Extinction
Civil Unrest Is Erupting All Over The World, But Just Wait Until The United States Joins The Party…
The Nobel Peace Prize: Devalued Once Again ?
Pennsylvania School District Votes To Replace Locker Rooms With $2.4 Million Gender-Neutral Facilities
Will Abortion Sink the Democratic Party in 2020 ?
The Myth of Rising Hate Crime
Facebook Bends the Knee to Outrage Grifters in Push to ‘protect our democracy’ – but who will protect it from them?