forget taxation without representation, this is income tax without income.
What they would do is write the laws with exemptions for companies with high ESG scores... all the same big corps that were never locked down. Play ball, you get a deal. Don't follow our dictates, we siphon you to bankruptcy.
What we really have is a socialist government (US) nearly 100 years old that has run out of promises (mainly pensions and the like) and money. The government is starved for cash because it continues to grow without limits and with no accounting for the dollars it sucks in and spends.
The number of degenerates sucking on the government teat, and I do not mean the citizens getting benefits, but the workers and their henchmen who are all raking in dough for practically doing nothing is ever increasing.
You could triple the government's income and they still would need deficit spending to survive.
Reading about this wretchedness I'm reminded of something that Chris MacInstosh often says: "Capital goes where it's treated the best."
If the US really does this, capital will flee. Where will it go? Asia somewhere? Dubai? Who knows, but it will find a place that it is not the west.
The real problem is the 16th amendment. There is no way to reconcile it with property rights to begin with. Taxation is theft, period. And we've seen what that stolen wealth has funded over the last three years in particular: mRNA shots, a war in Ukraine (including funds, material and technical support), a massively pumped-up IRS agency, bailouts of favored banks, unlimited currency creation and borrowing with future taxation as the value basis, bloated DoD budgets, massively bloated government bureaucrat salaries and pensions, government psyop advertising campaigns, ad nauseum/etc. There is no justification for taxation in a free (civilized) society. Government funding must be voluntary as a check on power. That thin edge of the wedge of which you speak in the horror of enslavement (subjugation is fueled by political power) is only possible when the government first gains economic power - taxation.
Don't worry, gatito. The GOP will surely put a stop to this... Won't they?
"what founders or entrepreneurial ecosystems will be able to survive this? hell, what corner store in a rising neighborhood could?"
None. And that's by design. We have stop thinking that we're dealing with stupid/misguided people, and understand that the "fundamental" change some politician was banging on about over a decade is well underway.
Redistribution of wealth, an official class of enemies, loss of private property rights, a spirit of collectivism (We're all in this together to fight covid/climate change!)...it's happening now, just as it happened in Europe over a century ago.
Add to that some really sketchy elections and purposeful demoralization campaigns (Your son is actually your daughter. Affirm "them", bigot!) and, well, buckle up...it's going to be a very interesting decade.
Resist. Nonvioletly (greetings, federales!). You have nothing to lose if this goes down.
If this happens, might be time for another 1776-style event.
I just cannot buy enough guns and ammo. I hope they don’t appreciate in value.
Insane. Yet perhaps they are seeding their own demise. If gains not realized can be taxed, what becomes the point of using their monetary sytem at all? It all becomes funny money completely disconnected from real world problems: a simulacra of a simulacra
If the SCOTUS rules this constitutional, America as a free, capitalist nation is done. Over. Kaput.
Ve shall never tax ze bugs!
Final straw imo:
Yankee Doodle Doomsday.
Break out your barrel pianos and barrel organs...and all your other "barrels".
Oh no, me Lord Cattitude, it’s much, much, much, much worse than you’ve just described, sir. If you and your other loyal cats haven’t yet seen this discussion between James Corbett and Jacob Nordangard, you must, please. Jacob’s English isn’t the best, but please be patient and watch the entire clip. There’s a plan via the IMF, Central/World Banks & Federal Reserve to use the Central Digital Currencies they intend to impose on every person, worldwide, to expand on a whole host of new taxes & tracking methods on every dime you spend, and I have yet to hear one politician of either side of Satan’s ass (Republican or Democrat) mention or object to it—as if they or the mainstream media talking-heads don’t get what’s happening yet, just like the FBI, CIA or FTC are oblivious, too.
The point is to help protect those capitalist ventures already succesfully embedded inside the state, nothing else.
Competition is a sin, you know?
I think the barn door was welded open with civil forfeiture. From the time I first learned of it I've been wondering where all the patriotic conservatives who love our freedoms so much have been on that issue.
So this 2017 law was passed under Donald Trump, wasn't it? The Hero of the Nation? The guy who was making America great? Funny how he wasn't trumpeting this grand legislative achievement at all his rallies. No pride in his work? Or he didn't know about it?
And where was Rand Paul when all this was being crafted? Someone help me understand what I'm missing here.
Squeezing blood from a turnip.
they printed $8 trillion greenbacks bc of the virus, and......
they are going to cut your electricity bc of a religion about co2!