VOODOO ECONOMICS: The Secret Plan to Introduce Cash Grabs, Wealth Taxes and Asset Confiscation in the U.S. | RIELPOLITIK

https://rielpolitik.com/2020/05/11/voodoo-economics-the-secret-plan-to-introduce-cash-grabs-wealth-taxes-and-asset-confiscation-in-the-u-s/

The U.S. will issue over $3 trillion in debt between April and June of this year. The Federal deficit is already on pace to surpass $4 trillion in 2020 and that’s before the next round of stimulus programs are introduced (some members of Congress want bailouts for states as well as pension funds).

The U.S. funds its budget with tax revenues. However, tax revenues are dropping due to the economic shutdown. Moreover, the U.S. has already introduced one tax deferment to July for 2019 and 2020 taxes… and the Trump administration is now floating a proposal to extend this deferment to September or even December.

Put simply, tax revenues are collapsing right as the U.S. issues record amounts of debt…

Elites knew well in advance that another crisis was coming, and they put in place legislation that would allow them to:

1) Freeze bank accounts and use them to “bail-in” financial institutions/ banks.

2) Close the “gates” on investment funds/ money market funds to stop you from getting your money out.

3) Impose wealth taxes and seize unused assets.

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