Sunday, March 21, 2021

America is Changing

The one commonality between most Americans is the fact that
nobody wants to have their taxes increase for whatever reason...

We are living in unique times in the USA these days what with COVID Pandemic Lockdowns, Public Education Closures, BLM and ANTIFA movements, the Cancel Culture, and an unprecedented outflow of government spending as well as a crisis increase in immigration.  In order to pay for all of these expenditures, government will need to raise taxes and could raise 
taxes in a variety of areas:
  • annual income tax increase
  • gasoline tax increase
  • capital gains tax increase
  • corporate income tax increase
Wealthy people has a way to shelter their money in offshore tax shelter accounts and even if the income tax does increase on them, the impact will be minimal because of those tax shelters.  Therefore, tax increases will flow downhill to those people who cannot shelter their money...  this is not a guess...  it is logical when the government needs money.

Gasoline tax increases will PISS OFF a lot of Americans, but they have to drive so they will purchase the gasoline they need...  and perhaps put off the vacations they had planned because of those increases.

Capital Gains tax increases will cause people to sell off assets (like stocks) in order to avoid a higher tax in the future...  in other words they will sell now rather than sell later.  This selling will cause the STOCK MARKET to fall and people's wealth in the stock market to decline.

A corporate tax increase will cause American companies to be less globally competitive and will result in one of two things or both to happen:  hire less people and raise prices.

Public Education is suffering in some States and the parents are getting very angry at the Governors and at the School Boards and Teacher's Unions  The school boards and unions want the teachers to receive COVID vaccines ahead of everyone else, they want salary increases, they want improved ventilation systems, and the want police departments defunded before they return to work.

Immigration is going to hurt America worse than all these other problems because we are allowing ILLEGAL IMMIGRANTS to enter this country which is a violation of RULE OF LAW foundations...

The history books will write negatively about this moment in time in our country...  and more importantly, America is losing its positive reputation throughout the rest of the world.  
  • China is against us
  • Russia is against us
  • Middle East is against us
  • North Korea is against us
  • Europe is against us
  • Africa is against us
  • South America is against us
WAKE UP AMERICA...


No comments:

Post a Comment

BEGINNING TODAY

All postings for this blog will appear on my blog:  JOURNAL FOR DAILY PAGES....  all of the internal page links have been switched.  This bl...