I maybe a bit slow with all this but I think I see a scheme in the Hidden provisions of Obama legislation. The health care bill has the 1099 reporting of most all business spending over $600 and the massive hiring of thousands of IRS agents. The finance bill has a system that allows government access to individual’s bank activity. What ties this together? The Socialist Democratic Party has seen what happens in other socialist countries when massive taxes are imposed. A large part of the economy goes underground. They are laying the foundations that will keep the underground in check so they can get the maximum revenue, control of the money flow and people,s behavior that they desire.
7:38 AM
suek said...
You're probably right, Bones. What that means, of course, is that we'll have to go back to an all cash/barter system.
We can take lessons from the Mexicans among us...they're pretty much all cash - and I very much doubt that they do 1040s...
As an aside...I miss Norman Rockwell. But even more...I miss the America that was then.
"Larwyn's Linx: 'I Think You've Made Enough Money'"
4 Comments -
I maybe a bit slow with all this but I think I see a scheme in the Hidden provisions of Obama legislation. The health care bill has the 1099 reporting of most all business spending over $600 and the massive hiring of thousands of IRS agents. The finance bill has a system that allows government access to individual’s bank activity. What ties this together? The Socialist Democratic Party has seen what happens in other socialist countries when massive taxes are imposed. A large part of the economy goes underground. They are laying the foundations that will keep the underground in check so they can get the maximum revenue, control of the money flow and people,s behavior that they desire.
7:38 AM
You're probably right, Bones. What that means, of course, is that we'll have to go back to an all cash/barter system.
We can take lessons from the Mexicans among us...they're pretty much all cash - and I very much doubt that they do 1040s...
As an aside...I miss Norman Rockwell. But even more...I miss the America that was then.
6:25 PM
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