Saturday 1 April 2017

TAX AND DEBT


REVEALED.

"The total level of debt in the west relative to GDP is higher than it has ever been."

Financial Times.

In the USA, between 2006 and 2012, two thirds of companies paid no federal tax.

Many Companies Paid No Federal Income Tax / Most U.S. corporations paid nothing in federal income taxes.

In the USA, large companies that were profitable paid a federal tax of 14% on their net income between 2008 and 2012.

Large Profitable US Corporations Paid Tax of 14%.

If Donald Trump reduces taxes further, the US government's level of debt will increase.

The 7 big questions Republicans have to answer on tax reform


Indonesians.

Indonesia's tax amnesty, which began in July 2016, ended in March 2017.

More than 800,000 tax evaders declared 350 billion US dollars in assets previously hidden from the tax men.

This is the equivalent of 40% of Indonesia's GDP.

Indonesia tax amnesty nets $330 bln.


Meanwhile, the Socialist Prime Minister of Portugal, Antonio Costa, has managed to cut Portugal's budget deficit by more than half to just under 2.1% of GDP.

At the same time, the Socialist Prime Minister of Portugal has managed to restore state pensions, wages and working hours to pre bail-out levels.

Portugal cuts its fiscal deficit while raising pensions and wages / Costa confounds critics as Portuguese economy holds course.

Conclusion - Things go better when the rich pay a bit more tax.

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3 Comments:

At 1 April 2017 at 13:28 , Anonymous Anonymous said...

Donald Trump is not the President of the United States since the Constitution 1789 is not in affect. Therefore, the electoral college is not in effect.

Karen Hudes has stated that all country debt will be offset by Treaty of Versailles bonds. All fiat money will be exchange for "Aurum" using gold in the Global Debt Facility.

The global currency reset will wake all up and is possibly the reason why the Westminster Bridge False Flag happened so MP's (currently working for the Network of Global Corporate Control) feel they need protection. However, as this website has mentioned, humans are kind spiritual beings.

 
At 1 April 2017 at 17:16 , Blogger Johnny Draco said...


CAFRs: The BIGGEST Secret -
$60 Trillion (in the year 2000) Invested By
Fed, State, & Local Governments!

"--------- If the public gets together and focuses 100 percent and unifies on this issue, taxation can be eliminated in its entirety in most places around the country. ----"
Governments!

http://www.rense.com/general2/bigsecret.htm

 
At 2 April 2017 at 06:01 , Anonymous Anonymous said...

Transferring debt burdens from corporations to humans has been growing at a rapid pace in all nations over the past 20 years. Control.

The shift away from cash to e-money in India was the ultimate beta test. If they can make it work there, it will work everywhere. Full spectrum dominance when it comes to taxing and controlling people. Got a problem with that? Want to protest? Go ahead, we will turn your bank card off and you can starve.

 

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