RAISE TAXES on the wealthy – According to Soros

Soros and some elite cabal of 400 wealthy politicians have all agreed that the wealthy should be taxed at an even higher rate, because they deserve it, and the notion that lowering taxes produces greater growth is – hogwash…

Problem; the rich aren’t paying the tax rate that they already should because, a) their money is in offshore accounts where they pay no taxes, or b)   because they take advantage of all the loopholes that Trump wants to close.  In fact, Soros hedge fund paid less than $1000 in taxes in 2013. So, their argument is well – condescendingly hypocritical, and manipulative… It presents a highly ethical mindset while the wolfe eats the chickens and disposes of the bones.

Why do the wealthy have offshore accounts? To pay less taxes. It is so obvious, and yet, the allusion would have us believe they ‘want to pay more’. If they did they wouldn’t have offshore accounts!!

Hillary argued that the wealthy pay too little. Yes, but not because of tax ‘rates’.   The argument keeps surfacing, and yet the reality is obscured.

Hypocrisy is a tool, it is a cloak, a mask, and ultimately a dagger as it pervades in brain-washing the minds of mankind speaking lies until the truth no longer even exists.

While Hillary and Obama have been the subject of numerous illegal transgressions, they are victims. Simultaneously, Mueller and Soros target and possibly even invent accusations in order to attack conservatives, on behalf of ‘victims’. Soros financed pro-EU organizations, including his own, in order to ‘persuade’ anti-BREXIT, and yet when Russia is accused of funding the Leave campaign, their money is treasonous, an actionable illegality. Putting money in offshore accounts to evade taxes by the wealthy is okay, but raising taxes is the means to a better economy…

So who are the ‘politicians’ that want to raise taxes?

The Argument:

“The wealthiest 1 percent in the U.S. pay the lowest taxes as a percent of their income and total wealth of the top 1 percent in any major country – and far lower than they paid in the U.S. during the first three decades after World War II, when the American economy grew faster than it’s been growing since the Reagan tax cuts.”

While offshore banking has been around for some decades, it was predominantly utilized by the mob to launder money. Later, the concept of moving money through citizenship gained traction in the 1960’s – remember the Beatles?   By the 1970’s corporations were developing strategies, but still there were no loopholes in place for its legality. Switzerland became the dominant haven for opaque banking. It’s popularity gained traction in the 1990’s, around the time Billy came into Power.

But the use and size of tax havens can directly be tracked to ‘rising tax rates’, greed, power, and the desire to “NOT PAY TAXES”.

The haven itself became big business, the British owned Caymen Islands evolved in the 1960’s when Britain’s taxes peaked at over 95%. Enter Singapore. Then the Brits used more island hostages to evade paying their dues. The Queen is implicated. David Cameron. By the 1990’s Ireland saw the advantage and lowered their corporate rate to lure Big Pharma.   Insurance and re-insurance companies followed with Bermuda.

The largest worldwide group of tax havens are British Empire based. The second largest is European based.  Coincidentally, they have some of the highest tax rates in the world.   Socialism not working?  It does have one claim to fame, it provides for the poor while robbing from the middle class, because the wealthy are all on their islands laughing hysterically.  Until their is no middle class – Venezuela…  And that is the ultimate agenda, because only then can the World Order be ushered in.

So when Soros, McCain, Clinton, Romney, Wasserman, Ryan, Cantor, Flake and the host of 400 who advocate for and demand that the wealthy pay a higher rate … it is a hypocritical joke, because they have no intention of actually moving assets back to the US, or paying a higher rate when they don’t pay at all. Because $42 Trillion is held in offshore accounts where the point is – to evade/avoid taxes.

Part of the problem is that Economists work from ‘theory’, not fact or emotion, and therefore their argument might have some merit on paper, but the reality doesn’t hold.   It is much like most science which purports to build a “fact” based on a plethora of ‘theories’ as the core.  No matter how many facts you stack on top of a theory, the end will always be – a theory.

Raising taxes on the wealthy and corporations will have only one effect – more offshore accounts.

There are 31 instances in the Bible where God’s judgment of hypocrites is fiercely decried. Judgment is harsh for these pretenders who live both within and without Christianity.

Be Wise.

Greece Bailout Debacle – A Greek Ruin

While the Greek bailout debacle continues to wind and waver, it is an interesting phenomena pitting economic, political, societal and social ideals against one another. The bailout certainly isn’t new, it has been an ongoing grind for five years that has only recently come to a fullblown volcanic eruption reminiscent of the ancient Greek ruins.

Looking back at the cause of Greece’s demise gives some clarity into why a bailout is simply a band-aide at this juncture:

Corruption of the system has been ongoing for decades. But the basis is rooted in a ethical and moral demise that has become so pervasive no one really cares. Tax evasion is rampant. Some estimates describe the ‘game’ as a common occurrence – 6 out of 10 Greeks pay no taxes. Not because they don’t have the income but because – they can get away with it. It was and is a country mired in no fiscal policy whatsoever. Spending was backed by borrowing, borrowing was backed by more borrowing. Revenue was not the focus and thus the entire house of cards was easily blown apart.

Despite the government threatening Greek citizens to pay their outstanding taxes, it is a farce. Given returns were not even filed, the estimates of liability are simply that – estimates. And the threat – a published list of your name – is more of a boogeyman threat than a true consequence. Wealthy businessmen, pop stars, doctors, lawyers, politicians, you name it – could care less. A threat that has no consequence, is as worthless as the country. Money was diverted to Swiss bank accounts and their hands were cleansed.

This is the mentality. A Greek bailout would produce nothing of change, only a greater and more radical exodus of sheltered money until the next crisis. The terms of the ‘new and improved’ bailout include greater spending cuts and higher taxes… What incentive do the people really have? Lower wages (spending cuts would trickle) and higher taxes (on people that don’t file)– means less people paying taxes, more evasion and another fallout.  A Greek Ruin.

Know when to hold ’em, know when to fold ’em, no when to run!

Tsipras inherited a no win situation. He knows it and has rightly deferred to the people, the contingent that he leads. Asking for a referendum makes sense, it leaves the fate to those that created the mess – the people.

Since the early 1990’s the Prime Ministers of Greece have all hailed from elite American and UK schools, predominantly in the fields of law and economics. The schooling includes our own president’s alma mater, Harvard. Presumably well educated in how to valiantly run an economy and democratic political system, they blame the Ottoman Empire for their failures. Not unlike our own president who blames the failures of his administration on rooted economics of previous president’s, perhaps the Greek corruption scandal is truly a lesson we need to pay attention to lest we allow ourselves to blindly follow into the blood of borrowing to pay borrowing debt.

Like a computer, Greece is now far past the potential of a bailout and needs a complete ‘reboot’. They can not change the cards they hold and the game is lost. Germany stands to lose the most in a Greek exit scenario – potentially as high as $84 billion. But nothing is so simple. Previous Greek bailouts have simply done – nothing. To think that rolling the terms to a longer time frame is ludicrous as it only prolongs the inevitable. It is not much different than our current agenda of proposing changes that are slated to be addressed 75 years from now… It is a sloughing off of responsibility – a band-aide at best solution while the cancer metasticizes.

In 2010, Greece received $105 billion in bailout funds. The economy of Greece is estimated to be worth $242 billion. The second bailout rescue in 2012 was valued at $170 billion. In the span of just five years, Greece has gone through $275 billion, more than the value of the entire economy. To think that throwing more money into the melt will have any positive outcome is beyond ludicrous and borders on insanity. If you bought a computer for $1000 and it broke five years later, would you spend $1200 to fix it knowing that in another year you would pay another $500 to fix it again, or would you simply buy a new one for $1200?

Does this mean that Greece is forever doomed? No. The collapse of the Soviet Union is an example of complete economic failure and collapse and the determination to rise and recover from nothing. While the model is riddled with imperfections – to quote Anna in the King And I, “At least he tried.”

Greece – is not trying and needs the opportunity to do so – alone.