With the country in lock-down mode for some of March all of April and going into the beginning of May, I am wondering how the states will get by post the lifting of sanctions. With empty state treasuries thanks to few taxes being collected and the money going out in the form state unemployment payments, SNAP programs, and paying state employees while private company workers are forced to stay at home. Where will the money come from to build up state’s coffers?
First and foremost, I pray that the Federal Government does not steal money from fiscally responsible states to feed poorly managed states such as New York, New Jersey, or Michigan. If they do will fed.gov just print more fiat money or increase taxes to all citizens…Maybe both.
Next let us look at the states. How are they going to replenish their treasury? Well increased taxes of course. Remember that states for the most part do not generate revenue instead they take your money to pay for the services they have promised to us over the years. Many services are right out of the Progressive’s play book.
Let us look at the Cloward – Piven Strategy,
“The ultimate objective of this strategy—to wipe out poverty by establishing a guaranteed annual income—will be questioned by some. Because the ideal of individual social and economic mobility has deep roots, even activists seem reluctant to call for national programs to eliminate poverty by the outright redistribution of income.”
I can only surmise that many states – states that are not proactively reducing business restrictions – are purposely trying to bankrupt their state in order to execute on the Cloward-Piven Strategy. That strategy requires the system to fail and with bankruptcy to follow with the excuse of additional taxation to rebuild the treasury is in store for all of us located in states with Progressive Governors.
Some of you will think, “my state assembly is made up of Republicans it will never happen.” Well whether you are a Republican or Democrat politician, you are a politician none the less. They will toe the line and vote these new taxes in to save their butt from being fired by you the voter.
My prediction is, as inflation starts to roll across the country additional taxes will be rolled out too. Just think higher or new income taxes, higher property taxes, and higher school taxes. Then higher vice taxes like gas, liquor, tobacco, restaurant, tolls, et cetera. Last, a higher sales tax or VAT will become the norm across the county even in states that have neither one of these.
Get ready for the second wave of the Chinese Virus in the fall along with more liberty’s being taken away and higher taxes being imposed. I wonder when it ends. I wonder who when the people stand up and take charge.
Freedom through Self-Reliance®