To keep things in perspective -
Let’s not forget that the Obamacare law places a confiscatory 3.8% tax on the “profits” from all homes sales for couples making $250k and individuals making $200k.
This (and other hidden taxes imposed by Obama) are a few beginning steps in the liberals wealth confiscating philosophy.
Does anyone doubt that our Big Government politicians would hesitate to confiscate money from IRA’s, 401k’s or savings accounts if they could get away with it (or when they decide they CAN get away with it).
Homeland Security hasn’t stockpiled 2 billion rounds of ammunition to use against Cubans or Canadians.
The goal is make us all tenants of the feral government.
“Does anyone doubt that our Big Government politicians would hesitate to confiscate money from IRA’s, 401k’s or savings accounts if they could get away with it (or when they decide they CAN get away with it).
Homeland Security hasn’t stockpiled 2 billion rounds of ammunition to use against Cubans or Canadians.”
My Mother, like her dad, my Grand Dad and role model, never trusted the left wingers. She warned all of us that they would figure out some way to rob us of our savings in our 401ks/IRAs and similar plans.
The first take away will be from the rich, however that is defined by the Chicago Mob in charge of DC and our country.
So Obozo will use class envy and tax the rich by about 10% in the first act of redistribution.
6 months later, when that is gone, all of us with 401s, IRAs, a checking or savings balance will be taxed monthly at 1% per month of the value of our retirement plans and any savings or checking account we have. The rich will be taxed at 2% per month.
The 90% of Americans with a retirement savings plan, who are math idiot/dummies will not get excited nor care. 90% of those who understand math, will not care as the evil rich will be taxed at a double rate per month. The rest of us had better be quiet as Homeland Security will be monitoring our emails, web sites, texts and phone messages.