Property values continue to drop, as long as they continue to drop, we won’t have monetary inflation. This meltdown is just getting started.
Posts Tagged 'inflation'
Tags: finance, Financial Crash, Financial Lending Contraction, inflation, meltdown, monetary, property value
Tags: government, income, inflation, Obama, prices, robbery, stealing, tax, taxes, thieves, whitehouse
The White House is proposing a 15% tax on bank assets. Bank assets are your loans and savings, this is a 15% yearly tax on your assets. The Government already Taxes your employer who pays you, your income which your employer pays you, your purchases paid for with income with has already been taxed and steals the value of your money with inflation.
Big Companies aren’t the ones who pay these taxes, you are; the money comes out of your pay and and is hidden in the prices you pay.