WE WARNED YOU ABOUT HUGE TAX INCREASES COMING in 2011 and they CAME!In 2011, a giganormous set of fifty huge tax increases were draped on us by OBAMA. We told you of a WAY AROUND THIS: GOING UNDERGROUND with part of your earnings. Doing GUERILLA CAPITALISM! In a major DEPRESSION like we are about to have, the poorest, most marginalized will suffer MOST. Reason is this: If you, the middle class, do not have a job...... how do you pay taxes? You can't. The POOR LIVE OFF your TAXES. If successful smart people like you aren't working and don't pay into Gov's coffers, the homeless people who never had jobs cannot get Federal, State, city benefits, free cheese giveaways, turkey on holidays at the Mission, all those little GENERAL RELIEF PERKS including church dinners, canned food giveways, wintertime shelter, and even at times, low cost daycare for single mothers. That all GOES. That means tribes of starving families will be on the streets, -- many jobless men turning to crime, single mothers to prostitution. There is a really serious POVERTY DOMINO effect. If people cannot buy food and shelter, many industries crash like Detroit did. Like the housing industry suffers now. More people lose their jobs. Round and round this society will go circling the drain ever closer to the bottom.
The COMING Economic Collapse
http://www.infowars.com/2011-the-year-of-the-tax-increase/Unless the U.S. Congress acts, there is going to be a massive wave of tax increases in 2011. In fact, some are already calling 2011 the year of the tax increase. A whole host of tax cuts that Congress established between 2001 and 2003 are set to expire in January unless Congress chooses to renew them.
NOTE: most of the Bush tax cuts that are set to expire only apply to capital gains, estate tax, and those making over $250,000 (who do not pay their fair share). Nearly all of the Bush tax cuts that are set to expire will not affect anyone under $250,000 or anyone who is middle class. If people are truly concerned about the deficit, the answer is cut military spending and get us out of these two wars that are bankrupting back to the stone age and only helping the top 1/2percent who have war toy corps, and of course soldiers who only get stripes during wars and are advancing their pay grade all the time.
But with Democrats firmly in control of both houses that appears to be extremely unlikely. These tax increases are
going to affect every single American (at least those who actually pay taxes). But this will be just the first wave of tax increases. Another huge slate of tax increases passed in the health care reform law is scheduled to go into effect by 2019. So Americans that are already infuriated by our tax system are only going to become more frustrated in the years ahead. The reality is that the U.S. government will soon be digging much deeper into our wallets.The following are some of the tax increases that are scheduled to go
into effect in 2011..1 - The lowest bracket for the personal income tax is going to increase
from 10 percent to 15 percent.2 - The next lowest bracket for the personal income tax is going to
increase from 25 percent to 28 percent.3 - The 28 percent tax bracket is going to increase to 31 percent.
4 - The 33 percent tax bracket is going to increase to 36 percent.
5 - The 35 percent tax bracket is going to increase to 39.6 percent.
6 - In 2011, the death tax is scheduled to return. So instead of paying
zero percent, estates of $1 million or more are going to be taxed at a
rate of 55 percent.7 - The capital gains tax is going to increase from 15 percent to 20 percent.
8 - The tax on dividends is going to increase from 15 percent to 39.6 percent.
9 - The "marriage penalty" is also scheduled to be reinstated in 2011.
It is being estimated that the total cost of these tax increases to U.S.
taxpayers will be $2.6 trillion through the year 2020.Ouch!
But wait, there are even more tax increases coming.
The "health care reform law" contains over a dozen new taxes that will
be implemented in stages over the next decade. When you add all of these
taxes to the taxes that were mentioned earlier, the result is going to
be absolutely devastating. According to an analysis by the Congressional
Joint Committee on Taxation the health care reform law will generate
$409.2 billion in additional taxes by the year 2019.Double ouch!
So is it any wonder why the public has such a low opinion of the U.S.
Congress?Every single major poll done on the topic shows that approval ratings
for Congress are at record lows. Gallup's 2010 Confidence in
Institutions poll found Congress ranking dead last out of the 16
institutions rated this year.Of course there are a whole host of reasons why the American people are
upset with Congress, but one of the big ones is the fact that we are
literally being taxed to death.However, it is not just federal income taxes that are killing us.
In a previous article entitled "Taxed Enough Already!", we listed just a
few of the taxes that Americans have to pay each year..Accounts Receivable Tax
Building Permit Tax
Capital Gains Tax
CDL license Tax
Cigarette Tax
Corporate Income Tax
Court Fines (indirect taxes)
Dog License Tax
Federal Income Tax
Federal Unemployment Tax (FUTA)
Fishing License Tax
Food License Tax
Fuel permit tax
Gasoline Tax
Gift Tax
Hunting License Tax
Inheritance Tax
Inventory tax IRS Interest Charges (tax on top of tax)
IRS Penalties (tax on top of tax)
Liquor Tax
Local Income Tax
Luxury Taxes
Marriage License Tax
Medicare Tax
Payroll Taxes
Property Tax
Real Estate Tax
Recreational Vehicle Tax
Road Toll Booth Taxes
Road Usage Taxes (Truckers)
Sales Taxes
School Tax
Septic Permit Tax
Service Charge Taxes
Social Security Tax
State Income Tax
State Unemployment Tax (SUTA)
Telephone federal excise tax
Telephone federal universal service fee tax
Telephone federal, state and local surcharge taxes
Telephone minimum usage surcharge tax
Telephone recurring and non-recurring charges tax
Telephone state and local tax
Telephone usage charge tax
Toll Bridge Taxes
Toll Tunnel Taxes
Traffic Fines (indirect taxation)
Trailer registration tax
Utility Taxes
Vehicle License Registration Tax
Vehicle Sales Tax
Watercraft registration Tax
Well Permit Tax
Workers Compensation Tax
Are you dizzy yet?And we didn't do fishing and hunting licenses cuz they aren't acknowledged as taxes, generally but they sure TAX ME. I FISH!
The reality is that the American people are being drained in dozens and dozens of different ways. GOV FINES US? THAT IS A TAX!
But what did you expect?Pols drain the rich of wealth.
You can't get rich in politics unless you're a crook.
— Harry Truman, OBAMA just bought a 29 MILLION BUCK MANSION on the beach. He made 400k a year.
So these guys are shameless. Look at the budget, all pork barelled out to CEOS everywhere. Did you think that our politicians would pile up the biggest debt in the history of the world and never ask you to pay for it?
Did you think that we could run deficits equivalent to about 10 percent
of GDP without ever seeing tax increases?The truth is that the U.S. government needs a whole lot more money than
even these new tax increases will bring in.After all, it is being projected that the U.S. government will be
spending $2 trillion on the interest on the national debt alone by the
year 2020.To put that in perspective, the entire budget for the U.S. government is
less than $4 trillion for 2010.Are you starting to get the picture?
In the years ahead the IRS is going to be digging deeper and deeper into
our pockets and a gigantic chunk of that money is going to go directly
into the pockets of those who own our debt.But very few Americans wanted to listen when this problem was actually
somewhat fixable 20 or 30 years ago.We are all going to pay the price - literally. Unless we can create our own economy and to do that we have to be very smart, know the game rules. Read: GUERILLA CAPITALISM AN OPTION for the LOWER CLASSES as well as jobless YUPPIES.
http://www.masterjules.net/guerillacapitalism.htm
and read KNOWLEDGE about TAXES http://www.masterjules.net/taxindex.htm
* * * * * * * * * * * * * * * * * * *
Our POSTER is ANITA SANDS HERNANDEZ, Los Angeles Writer, Researcher, Mother of 4 and career Astrologer. Catch up with her websites TRUTHS GOV WILL HIDE & NEVER TELL YOU, also The FUTURE, WHAT'S COMIN' AT YA! FRUGAL LIFE STYLE TIPS, HOW TO SURVIVE the COMING GREAT DEPRESSION, and Secrets of Nature, HOLISTIC, AFFORDABLE HEALING. Also ARTISANRY FOR EXPORT, EARN EUROS....* Anita is at astrology@earthlink.net ). Get a 35$ natal horoscope "my money/future life" reading now + copy horoscope as a Gif file graphic! No smarter, more accurate career reading out there!
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