Governments never shrink. Big business does everything possible to continue growing also and helping enlarge government programs is one sure way to do that. As you said, “This is very big business.” and it will keep getting larger unless we take away their money.
Governments never shrink.
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They need money.
Three sources of funding currently on the table since the tax payer is tapped out:
1. 401-k/retirement account confiscation.
2. A transaction tax on all “financial transactions”
3. The taxation of nearly 2 trillion dollars of US corporate cash that is reluctant to be repatriated.
I think we will see a reduction in the repatriation tax rate in order to fuel this monster.