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To: LibWhacker

Not a tax. Confiscation of savings/investments/property. “Tax” is on income, earned/unearned.

Europe has this. Seizure of accumulated wealth.


22 posted on 09/25/2019 4:59:59 AM PDT by I want the USA back (The further a society drifts from the truth, the more it will hate those who speak it. Orwell.)
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To: I want the USA back

I’ve filled out the forms for an American relative. You have to list everything you own, no exceptions. Then they take a small percentage of your total “wealth” if you are above the threshold. The threshold keeps going down by law and by inflation.


25 posted on 09/25/2019 5:53:05 AM PDT by palmer (...if we do not have strong families and strong values, then we will be weak and we will not survive)
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