Extreme Tax Warning!!!!!

by Duard Lawley of Lawley Publishing Co. ( 29-Dec-2010 )

EXTREME TAX WARNING!!!!!!!!!

 

Fellow Americans, we are in a hell of a mess and it is going to get worse, and soon.  We have some 50+ days before control of the House of Representatives changes.  This will end a lame duck session before the new legislators can take office and you can bet your little blue booties that Nancy Pelosi and Harry Reid ram through all kinds of crap legislation in a lame-duck session.

 

Whatever happens, I will tell you in advance that it will be as un-American as anything yet seen since Woodrow Wilson a century ago.  My biggest worry is that good ol’ Nancy will tie a yoke around our necks forever by ramming a measure through nailing us to a cross of taxation called the VAT (Value-added Tax).  This would be the final blow in converting America into a true Socialist/Communist country.

 

Many countries around the world have adopted this horrific tax system in addition to an income tax and nowhere has it ever done anything but initiate rigid government control.  Almost all of the countries adopted a flat tax version of the income tax so the citizens are virtually enslaved by the onerous tax systems.

 

I am an old man and have been involved with our system of income taxation for over 60 years.  As bad as it is the VAT is worse.  There is an enormous lack of transparency (which the politicians love) and the amount of tax collected is staggering.  The cost of living will soar, affecting the middle class especially.  Exemptions and exceptions will impose price fluctuations and unfair competition in businesses.  It will be unbelievably harsh.  However, bureaucrats will love it.  They will control all of the economy and American capitalism will be gone.  We will be another European-type socialistic bureaucracy.

 

Another problem with the VAT is that there is no way I can see that the individual states could “piggy-back” on the Federal tax in order to ease their tax assessment and collection problems.  This is critical in my estimation.  Other countries don’t usually have the same type of government we have so the Marxists pulling for the VAT have no clue as to how to over-run states’ rights.

 

Be aware!  The big push for the VAT will start even before the election in November but I think we will see it for sure, first-hand, in November 2.

In my next article I will tell you again how easy it could be to let Nancy have a long vacation in one of her favorite socialist countries (not the U.S.)

 

I hope you will forward this E-mail to a lot of people.  We need all the support we can get.  Please excuse my typing.  With macular degeneration you don’t have a lot of proff-reading capabilities.

 

Duard Lawley, CPA (RT)

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