Home » Posts tagged 'taxes' (Page 8)
Tag Archives: taxes
Governments to Control Large Cash Transactions
Governments to Control Large Cash Transactions I have been pointing out the crisis we face moving forward. The gist of this is the total fiscal mismanagement of government for which we, the people, are always blamed. This hunt for taxes has led down the path of arguments for eliminating currency. While people think Bitcoin is […]
India’s Economy Crashes After “Mind-Bogglingly Inane” Tax System Strikes Back
India’s Economy Crashes After “Mind-Bogglingly Inane” Tax System Strikes Back With just a hint of schadenfreude, we note that, following our discussion of “how to destroy an economy”, India’s Composite PMI collapsed to 46.0 in July – its lowest on record (well below the kneejerk lows after demonetization in November) as the “mind-bogglingly inane” new […]
India: The Lunatics Have Taken Over the Asylum
India: The Lunatics Have Taken Over the Asylum Goods and Services Tax, and Gold (Part XV) Below is a scene from anti-GST protests by traders in the Indian city of Surat. On 1st July 2017, India changed the way it imposes indirect taxes. As a result, there has been massive chaos around the country. Many […]
First India Bans Cash, Now It’s Targeting Gold
First India Bans Cash, Now It’s Targeting Gold In November of last year, India banned certain cash notes in a bold move to force businesses into the banking system to better harvest more taxes from its livestock. Now, under the guise of “improving transparency” and forming a “common market,” India has begun targeting gold with […]
Greek Authorities To Launch Mass Confiscation Of Safe Deposit Boxes, Securities, Homes In Tax-Evasion Crackdown
Greek Authorities To Launch Mass Confiscation Of Safe Deposit Boxes, Securities, Homes In Tax-Evasion Crackdown Last week, the Greek parliament once again approved more austerity to unlock withheld Greek bailout funds in Brussels: a symbolic move, which has little impact without any actual follow through, like for example, actually imposing austerity. And while Greeks have […]
The Hunt for Taxes is Global
The Hunt for Taxes is Global Taxes are the root of all evil for this is the confrontation against the people that historically leads to civil unrest and then revolution. The American and French Revolutions were over taxes. Historically, even the Roman Empire was forced from time to time to grant tax amnesty as was […]
Stockman to Trump: It’s the Economy, Stupid
Stockman to Trump: It’s the Economy, Stupid In a recent appearance on CNN, David Stockman suggested that Trump might best spend some time actually addressing economic issues instead of the administration’s travel ban for immigrants from Middle Eastern countries, which Stockman called “a giant misfire.” Pointing out that Americans are far, far more likely to be struck […]
2017: The Year When the World Economy Starts Coming Apart
2017: The Year When the World Economy Starts Coming Apart Some people would argue that 2016 was the year that the world economy started to come apart, with the passage of Brexit and the election of Donald Trump. Whether or not the “coming apart” process started in 2016, in my opinion we are going to see […]
Greece Unleashes ‘Soft’ Cash Ban
Greece Unleashes ‘Soft’ Cash Ban The spread of global cash bans continues with Greece unveiling their so-called ‘soft’ approach by which taxpayers will only be granted tax-allowances or deductions when payments are made via credit or debit cards. As KeepTalkingGreeece reports, the new guidelines refer to employees, pensioners, farmers, and also the unemployed. Accepted expenditure will be: purchases for […]
When Assets (Such as Real Estate) Become Liabilities
When Assets (Such as Real Estate) Become Liabilities December 27, 2016 It will be the middle class that accepted the notion that “real estate is the foundation of family wealth” that will be stripmined by higher taxes on immobile assets such as real estate. Correspondent Joel M. submitted an article that struck me as a […]
$50 Oil Doesn’t Work
$50 Oil Doesn’t Work $50 per barrel oil is clearly less impossible to live with than $30 per barrel oil, because most businesses cannot make a profit with $30 per barrel oil. But is $50 per barrel oil helpful? I would argue that it really is not. When oil was over $100 per barrel, human beings […]
EU Passed Tax ID Numbers for Everyone
EU Passed Tax ID Numbers for Everyone The EU is laying the groundwork for everyone in Europe to be given a new tax ID number in preparation for moving to electronic money. They are using a National Insurance number pretense to disguise the real objective. This scheme was passed by the Economic and Monetary Affairs Committee […]
The vicious spiral of economic inequality and financial crises
The vicious spiral of economic inequality and financial crises There is compelling evidence that economic inequality is both a result of, and contributor to, economic crises. A contribution to the openGlobalRights debate on economic inequality. With global inequality at extremely high levels and still rising, there is an emerging consensus that the international community needs to […]
Panama and the Criminalization of the Global Finance System
Panama and the Criminalization of the Global Finance System dennizn | Shutterstock.com Sharmini Peries: Within a week the 11 million documents called the Panama papers, published by the International Consortium of Investigative Journalists, has become a household name. The documents are connected to the Panama law firm Mossack Fonsesca that helped establish offshore accounts for some of […]
Avoiding the Issue
AVOIDING THE ISSUE In the wake of the so-called ‘Panama Papers’ furore, the push-button issue of the One Percent being found able – OH! THE HORROR! – to shield some of its wealth from the taxman, regardless of the jurisdiction in which its members have chosen to set up shop, has predictably called forth bad […]
