Friday Fantasy – Infrastructure Paired back to $1.2Tn with No Tax Hikes
While Biden’s away.
A bipartisan group of 10 Senators have agreed to $579Bn in additional spending (from the Republican’s first offer) over 8 years and, rather than raise taxes to pay for it, they have played with the numbers enough to show no tax hikes are necessary – even though we are currently running a $3.6Tn deficit by spending $7Tn and only collecting $3.4Tn (Corporations are paying $231Bn). This is not a problem that’s going to fix itself.
$3.6Tn is close to 20% of our GDP and we’re already 128% of our GDP in debt and the solution is not to raise taxes – even though the markets and jobs and inflation data are indicating tremendous economic strength. If we can’t raise taxes now, when can we ever? And, if we can’t ever raise taxes, then the debt will simply keep growing until it’s completely out of control and wrecks the economy – that seems to be our current plan.
$1.2Tn is still $500Bn below Biden’s proposed $1.7Tn. The proposal is limited to core physical infrastructure and omits the social programs such as elderly care Biden included in his “American Jobs Plan.” There is also the possibility of a gasoline tax, which is a tax the Republicans don’t mind as it disproportionately taxes poor people. But the White House has made it clear to lawmakers that such a measure, as well as any discussion about an electric vehicle mileage tax, would violate Biden’s red line of not raising taxes on Americans who earn under $400,000 a year, and cannot be part of any package,
The current Federal Gasoline Tax is 0.184/gallon and hasn’t changed since 1993, when gas was $1. We use about 125Bn gallons of gas so we’re talking $23Bn and adding 0.368 (proportional) would bring in $46Bn of additional revenue – still nowhere near enough but at least we didn’t ask Jeff Bezos to chip in – that would have been a catastrophe, right? Jeff is leaving the planet next month – so he won’t be subject to US taxes anyway.
Speaking of taxes, we’ll have to pay some on our Oil (/CL) shorts as the $70.50 line has been working so far with a nice…
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Source: https://www.philstockworld.com/2021/06/11/friday-fantasy-infrastructure-paired-back-to-1-2tn-with-no-tax-hikes/?utm_source=beforeitsnews&utm_medium=feed&utm_campaign=psw-feeds&utm_content=article-link
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Whistler Blowers, Insiders
IT is possible to INVEST in SILVER (a HEDGE against INFLATION) at…….LOW entry CO$T.
LOOK out for…PRE 1965…..AMERICAN dimes, quarters and HALF DOLLAR COINS……their SILVER CONTENT is 90% SILVER.
* * *
The USA “Debt” Clock is currently LISTING $ILVER @ …..$3,856 per ounce
Take a LOOK at THE….USA Debt Clock……….FAR RIGHT HAND COLUMN UNDER THE HEADING ….DOLLAR to SILVER RATIO NOW.
https://usdebtclock.org
* * *
The “spot” price of SILVER today ….June 9th 2021…..is fluctuating around…..$27.83 per ounce.
***
One of the CHEAPEST/*/BE$T VALUE “forms” of SILVER to BUY is known as……….”JUNK SILVER.”
***
The Ins and Outs of
JUNK SILVER: What to Know and When to Invest 
BY PROVIDENTMETALS.COM ON JANUARY 23, 2019 FILED UNDER: INVEST IN SILVER
PRIOR TO…1965, AMERICAN dimes, quarters and half dollar COINS that were circulated through the U.S. market were 90 PERCENT SILVER.
While the majority of the composition might be a precious metal, they are unfortunately considered to have no numismatic value—i.e., they are of NO VALUE TO A COIN COLLECTOR.
It is for this reason that we often hear these pre-1965 silver coins referred to as “JUNK SILVER.”
Yet while these coins are considered to have no numismatic value for coin collectors, THEY ARE EXTREMELY VALUABLE TO INVESTORS, as they are bought and sold in bulk DUE TO the VALUE OF….THEIR SILVER CONTENT.
https://blog.providentmetals.com/the-ins-and-outs-of-junk-silver-what-to-know-and-when-to-invest.htm#.YBQzqOj7SUl
Former WORLD BANK Senior: aLIEn$ With ELONGATED SKULLS are BEHIND MONEY and RELIGION.
World Bank Senior Council, KAREN HUDES has been making a lot of noise lately, and she recently said something she’s never said before.
She said that a SECOND $PECIE$
on Earth….CONTROLS….MONEY and RELIGION 
*
These countries are not monolithic, there ….are forces fighting the corruption and there are forces that have totally been co-opted, and the
way they act is TREA$ONOU$ TO the PEOPLE in those countries.
The GROUP that’s behind the NETWORK of CONTROL are the JE$UIT$,
and there are also $OME GROUP$ BEHIND THEM. 
“They are very smart,
THEY ARE NOT CREATIVE, they are mathematical 
They had a much stronger force in the earlier ICE-AGE
They have ELONGATED SKULLS, they may produce offspring in MATING
WITH female HUMANS, but that OFFSPRING IS NOT FERTILE .
We live in a world of secret societies, and SECRETS, and the information that OUGHT TO BE PUBLIC is not public.”
http://humansarefree.com/2014/03/former-world-bank-senior-aliens-with.html