Wednesday, January 13, 2021

Avoiding fed taxes

 

And leaving the voters to pay it.  Likely teach us not to beg from the federals.

Before the latest yield rise the Treasury was receiving 80 billion in Fed taxes. The yield rise puts that at 120 billion.  It will end up being a permanent 250 billion tax plus, over a point of VAT taxes, likely closer to two percent of GDP soon.

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