[RKBA Democrat]

The author fails to recognize that a significant wealth tax could easily come to the US as well. See page 49 of the IMF report on recurrent taxes on net wealth.

http://www.imf.org/external/pubs/ft/fm/2013/02/pdf/fm1302.pdf

Just remember: if you LIKE your wealth, you can KEEP your wealth.

[RKBA Democrat]

Surviving Socialism PinglistStories and tips with a financial emphasis to help conservatives SURVIVE and prosper during difficult times.

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[JRandomFreeper]

if you LIKE your wealth, you can KEEP your wealth.

My ex-wives said otherwise. ;)

/johnny

[Slyfox]

Karl Marx did not come up with Communism himself.

Marx did spend loads of time in London libraries reading Adam Smith trying to figure out how to kill capitalism.

[Gaffer]

Proposed here in the US back in Billary’s day, pre 1994 takeover. A one-time retirement account ‘assessment’ of up to 15% to equalize inequities.

IIRC, the administration stalking horse for this was a female...youngish...a real radical FemNazi.....pre-Huma.

I forget her name, but she’s still out there.

[sauropod]

read

[aberaussie]

Bttt

[Kartographer]

I predict that 'The Emperor'will use this to 'fix' Obamacare.


"So it is written, so it shall be done!"

[Zuben Elgenubi]

Perhaps a 10% haircut. In the case in Cyprus, the haircut was for those who had over 100,000 Euros in an account.

So any FReepers who have over, lets say, $100,000 in one account, break up the total to five separate accounts at five different banks or credit unions.

[circlecity]

"They will expropriate these funds to save a banking system that they screwed u"

Yet this can never "save" a flawed failed system, only delay the inevitable by pushing off the day of reckoning. They know this so the actual objective has to be the confiscation of private wealth and destruction of personal freedom. Ultimately the objective is to eliminate the middle class.

[GeronL]

would this affect foreign Swiss bank accounts?

[ClearCase_guy]

Freedom's just another word for nothing left to lose.

[oldbrowser]

These ideas have emerged from France and this is why we have some of the most insane ideas still emerging from this country. There is a core philosophy among some that this socialism is correct.

This is what these people fail to understand:

"In theory there is no difference between theory and practice. In practice, there is"...........Yogi Berra

[Sir Napsalot]

Splitting hair here. Socialists, Marxists, Communists. yada yada yada.....

When they start out confiscating ONLY 10% for all their failed ideology, you pretty much end up at the same end.

[Renegade]

I will gladly donate my share in LEAD!

[meyer]

They touch my stuff and I’ll kill ‘em.