Bond Splosion

[shorty]

Canada has a national sales tax and sky high income taxes. Most of that comes back to the public in the form of generous social programs in support of families.

Can I git me one them generous social programs in support of me?

I wanna suck off the gov't tit and laugh in the faces of my taxpaying working neighbors.

That's my goal.

[Jimbo]

THERE ARE NO GOOD SOLUTIONS

 

The VAT tax is inevitable.

 

Its either that or debt default.

 

The collapse of the bond market has panicked the Governemnt and triggered the big tax grab.

 

If I remember correctly this is an exact replay of the 30's when Roosevelt put in a big tax grab.

 

Wanst good for stocks if I remember.

 

Definitly bearish news.

 

Now that the consumer cant overborrow and consume - the lenders wont play bagholder any more - another group of bagholders have to be found.

 

The new group of bagholders are called taxpayers - the only group which cant escape thier fate - unless the emigrate - will overtax and consume.

[Rationalize]

Can I git me one them generous social programs in support of me?

I wanna suck off the gov't tit and laugh in the faces of my taxpaying working neighbors.

That's my goal.

Easy.

 

1: Cash out all yer capital to physical bills, or small off merkit cash exchangable physical metals / commods / diamonds / drugs etc. Whatever can be exchanged of cash outside of the taxed economy.

 

2: Declare NIL income.

 

3: Declare NIL aSSets.

 

4: Apply for benefit programs.

 

5: Choose what you pay for, and what yer neighbour pays for.

 

......

 

On VAT - VAT is a good thing for savers.

 

It's a tax on spending.

 

30% VAT and 0% Income tax would suit me fine.

 

That would be really nice for compounding gains, and not spending any of them :wink2: .