SECOND Assassination Attempt on Trump!
- Thread starter HealthAndHappiness
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You can be sure with all the layoffs we are seeing that tax revenue will be down this coming year for the US government and they'll have to find other ways to get money from a stone. Taxing unrealized capital gains is one example of the theft, basically you get hit with inflation and then they tax your inflation. Starting this fall we will see unemployment skyrocket, tax revenue decline, and draconian taxes from State and Federal to try and make up the shortfall.
Last year our national budget was $5.5 trillion and we took in $4.5 trillion in revenue. Meanwhile our interest on our debt is up by $300 billion, so the new budget will probably be $6 trillion, but it is very likely that tax revenue will drop to $4 trillion. Now that is simply if all things stay the same. War and all the other destabilizing threats could definitely make that much worse, but it is doubtful there is anything on the horizon to make it much better. Meanwhile China's economy is in crisis. These are the two engines to the world's economy, the US and China and we are losing both engines. Add to that it is probably all she wrote for Japan and Germany. If the enemies of the West are going to strike, now is the time.
