the wealthy and the middle class are about to find out how tough life can be.
BeamMeUpScotty <[email protected]> Mon, 23 Jan 2023 13:24:38 -0500
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https://www.shtfplan.com/headline-news/the-united-states-is-insolvent ---------------------------------------------------------- And now we wait for the other shoe to drop. Poor people will still be poor, but the wealthy and the middle class are about to find out how tough life can be. -- - - - - - - - - - - -Reality Matters- https://fred.stlouisfed.org/series/M2V --------------------------------------- Raise taxes and it will STAGNATE THE ECONOMY and the realized "REVENUE" will decrease as the economy falls into Depression. If less money is being spent or invested, there is less income from economic activity that can be taxed. The secret sauce isn't in higher taxes, it's in increased economic activity. And to achieve more economic activity, the government has to be less greedy. And quit stealing from the Private Sector Economy. Raising taxes is NOT a solution for failing GDP growth... economic activity creates added "REVENUE" raising taxes created less GDP GROWTH which results in less actual REVENUE for the U.S. Treasury. Taxes are a way to collect the Revenue NOT create it.