September Chaos Obama Wants $ 1.6 Trillion More in Taxes

by Martin Armstrong
Armstrong Economics
President Obama is already posturing to raise taxes again. He is now calling for $1.6 trillion in tax increases. We are headed into a massive black hole and there is not much we are going to be able to do. These politicians are totally out in left field and we may actually see a government shut down this time for the stakes are getting really insanely high. They are destroying the future of everyone and are so brain-dead that they cannot even understand that this is unsustainable on the long-term.
Granted, Congressman Tom Reed has come out stating that the President’s proposal to avoid the pending fiscal cliff just completely fails to offer any realistic solution. These people are destroying everything and cannot understand that this is MASSIVELY DEFLATIONARY. The youth unemployment in Europe is at the 60% level. Talk to the youth in this country. They go to school, end up with huge student loans to pay off, and then wait tables or are forced to start their own business in some way to get by. Schools are absurd in cost and offer nothing tangible. Few people end up doing whatever their major was in school other than doctors and lawyers. They pay for an education that fails to prepare them for a job and only results in huge debt.
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Source: http://financialsurvivalnetwork.com/2013/07/september-chaos-obama-wants-1-6-trillion-more-in-taxes/?utm_source=rss&utm_medium=rss&utm_campaign=september-chaos-obama-wants-1-6-trillion-more-in-taxes
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If you and I understand economics why can’t all these lawyers and university educated congresspeople and senators? Why do we constantly let them off the hook? If they are unteachable than all of you folks that pay income taxes we’d to learn how to stop paying them. That is the only way to stop this insanity. If you have children teach them how to never pay income taxes. Your public schools won’t.
Seriously, freeman57, your stories on asserting tax free stus would be welcome here.
There is something everyone can do – not pay the illegal taxes!