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Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
armstrongeconomics.com / By Martin Armstrong / April 26, 2013
Obama is never done raising taxes. He is a lawyer – not an economist. He and the Democrats are just hopeless. No matter what you show them, they are just out the destroy our freedom and the Republicans are too blind to even observe the real economy. Congress has now under consideration a online sales tax legislation that will destroy the economy as a whole.
This is more than more taxes. The burden placed upon small business is outrageous. They become tax collectors with criminal liability and no pay. They then have to file forms, hire accountants, and lawyers all to keep track of this new burden.
Local small business is all for it. They see people buying online to save taxes locally so they want the internet destroyed so they can sell in their local stores. Quite frankly, they are brain-dead for they are just assuming they will sell more and kill the competition rather than move with the internet evolution.
Thanks to BrotherJohnF
2013-04-27 04:32:19
Source: http://silveristhenew.com/2013/04/27/obama-sets-the-stage-for-the-next-recession/