I suspect there is an unintentional and partly subconscious groundswell of people trying to reduce “taxable” income and “taxable” spending. I am one of them. It was subconcious until I caught myself thinking that way.
It will have an impact. Craigslist and garage sales are gonna explode.
During the Depression, many barter and script systems were set up.
The 74% tax rate only applied to one person, J.Rockefeller, because he was the only one who made so much money he couldn’t find enough safe havens.
The problem the ‘progressives’ don’t realize is when you try to ‘eat the rich’, they know when to get off the plate.
Many small businesses see the writing on the wall and are going into ‘slow roll’ as they know what happens in the private sector when the public sector runs wild.
You've joined Operation Thrift. I believe most people know what's coming, and they don't want to be responsible for contributing to any of it. (It's like paying tithes to Satan.)