“[we’re going to see] a fiscal calamity of Biblical proportions…Gold is the ultimate and only real money. Gold is the only safe asset when push comes to shove…”
Source: David Stockman Warns “Gold Is The Only Safe Asset Left”
Archive for December 21st, 2017
Tax plan: Escape from New York – and New Jersey?
21
Dec
The obvious solution: Abolish both the federal and state income tax. When will the people learn: the income tax is indeed the root of all evil. See Frank Chodrov’s magnificent book.
“Anyone who thinks Donald Trump’s tax plan was designed to help rich New Yorkers should talk to some rich New Yorkers; the loss of deductions has them considering whether to leave the area…”
Source: Tax plan: Escape from New York – and New Jersey?
EconomicPolicyJournal.com: Find Your New Tax Bracket: Full Details on the Newly Passed Tax Reform Bill
21
Dec
According to the tax calculator at www.marketwatch.com, I will get a slight tax cut. However, I could have a slight tax increase, depending on any additional income and what my deductions will be. Tax cut, if I get one, will not be “massive.”