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The Mechanics of Global Confiscation: 80-90% windfall Profits Tax?

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#1 Rogerdodger

Rogerdodger

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Posted 07 September 2016 - 04:59 PM

OPINION:The Mechanics of Global Confiscation

 

 

And here is a clue as to what is coming:

IRS Warns Against Keeping IRA Funds in Gold at Home

 

 

The Mechanics of Gold Wealth Confiscation in the USA

 

Gold transactions receive new VAT treatment

 

If the price of gold explodes, I wouldn’t be surprised if Congress passes a Fair Share Gold Windfall Profit Tax Act levying a tax of 80%, 90%, or more on gold profits.

 

Finally: from "Abolish Cash"- KC Fed paper-by Vince Lanci

 


 How easy would it be for the Fed to declare in an emergency: "All Comex Gold contracts are now settled in cash. Delivery has been suspended by force majeure'. There would be no need to make ownership illegal if it ever came to that. The government has far better tools at its disposal these days to confiscate Gold if it ever needs.


Edited by Rogerdodger, 07 September 2016 - 05:02 PM.