COMMENT: Marty, You have to help us out here. California tried to tax text messages. The feds stopped that. Now, LA county wants to tax Uber and lyft. They’re already taxing us, I think, for mosquito control. The mosquito control only hands out info too. It does no real work. This is crazy. Everywhere in California, […]
The entire AUSTERITY policy of Germany is really oppressing its people to the point that their assets rank nearly the lowest in Europe and below that of even Italy. A German earning just $75,000 annually ends up in the 50% tax bracket. The economics of Europe is really reducing the standard of living and this […]
In addition to Elizabeth Warren running in 2020 on a platform of imposing a 3% wealth tax on all assets annually, Bernie Sanders has also thrown in his hat to run for President. We also have people who actually wanted Alexandria Ocasio-Cortez to run for President arguing the 35 year age minimum was not fair. […]
I have warned that once one state taxes something, the idea spreads like a contagion. Illinois and California wanted to tax movies or anything you stream. Now, Georgia is looking at the same thing. This is all part of the economic decline. The states are broke. Their pensions are consuming everything. It is no longer about […]
The politicians have a golden rule. When the courts prevent them from raising a tax, they call it something else to impose it. Massachusetts, the bastion of political Marxism, attempted to put on the ballot a new millionaire tax. That was rejected on constitutional grounds by the Supreme Judicial Court. So what are they […]
The Yellow Vest anti-government movement (#YellowVests, #GiletsJaunes) began in France on November 17, 2018, when over 300,000 people across France protested a carbon tax on fuel. President Emmanuel Macron claimed the French were leading the world in the battle against climate change. The Yellow Vest protests evolved rapidly into an all-out general anti-government movement that was […]
As there is a drive to eliminate cash, police are engaging in illegal search and seizures of debit cards. More and more businesses are refusing to accept cash, which was noted even at a ball game at Tropicana Field in Florida. They announced that during in 2019, they will no longer accept cash to pay […]
COMMENT: Mr. Armstrong I am currently based in Oklahoma City OK and recently received a citation from the District Attorney’s office, Oklahoma Uninsured Vehicle Enforcement Diversion Program, after a photo of my vehicle’s license plate was snapped while driving on a turnpike thoroughfare. The citation accused me of driving without insurance and attached a hefty fine […]
https://www.armstrongeconomics.com/wp-content/uploads/2019/01/money_hole_20800.mp4 QUESTION: Hello Sir, I am French and have been reading you for many years (I already read you while you published papers while you were very unfairly imprisoned). I signed up for Socrates on 6th January and must thank you warmly for opening my eyes to the real state of the global economy and its […]
QUESTION: Mr. Armstrong; I have been reading your blog for years now. It is obvious that you are well connected behind the curtain. It did not take but perhaps a day or two after you explain the difference between wealth and income to suddenly see Elizabeth Warren adopting the position to impose a wealth tax […]
