Sunday, December 13, 2020

The asset size needed to collect the VAT tax required

Morgan Stanley: We Are Bullish Because Central Banks Will Inject Another $2.8 Trillion Of Liquidity In 2021

And gamma go banana for the shadow economy. 

Side effect? A huge crowding out of fair taxes collected for local and state governments. We are getting a humongous tax battle, he Fed VAT taxes will not escape, unscathed. They are noticed, they cannot fake it.

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