Why Taxes On Americans Are Guaranteed to Increase

Why Taxes On Americans Are Guaranteed to Increase

Jason Burack of Wall St for Main St did a short personal finance video about how it will be very difficult to save going forward because of increasing inflation and taxes.

The Richest Man in Babylon: https://www.amazon.com/Richest-Man-Babylon-George-Clason/dp/0451205367/

Other articles mentioned in the video:
1) Why Social Security Payroll Taxes May Go Up 32% in the near future http://www.forbes.com/sites/kotlikoff/2016/07/17/social-security-just-ran-a-6-trillion-deficit-and-no-one-noticed/#5318900a58a4
2) Why Massively Underfunded State Pension Funds Will Lobby Their State Legislature to Increase Taxes to Make Up Pension Fund Shortfalls http://www.cnbc.com/2016/08/25/state-pension-fund-gap-to-top-1-trillion.html
3) Trump promises 15% small business tax cuts http://dailycaller.com/2016/09/06/hillary-clinton-youre-no-john-f-kennedy/
4) Full List of Hillary’s Planned Tax Increases from non-political Americans for Tax Reform http://www.atr.org/full-list-hillary-s-planned-tax-hikes
5) Google Search for more articles on Hillary Clinton’s Tax Increases https://www.google.com/search?q=hillary+clinton+tax+increase&ie=utf-8&oe=utf-8

Please email wallstformainst@gmail.com for more information or for questions.
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  1. Has hilary actually said that she would shut down Alternative media. I'm based in the UK, but is that actually the plan !!!!!!

  2. Every day new taxes , some hidden ….. like a boa constrictor untill you stop breathing .

  3. Pussy tax. There will be an insert meter installed.

  4. That book is wonderful! I recommend really trimming the fat and push savings towards 20%.

  5. Listened to this on a car cassete 30 some year's ago… Never forgot it..! Richest man in babolyon..I was in my 20s and getting high on mother nature.

  6. Taxes (especially Federal income) are easily escaped. I've done it for years. The only ones I pay are at the register, and I don't go there much. I'm pouring all my research lately into "black market" economy models. It's the wave of the future!

  7. Don't forget bail-ins to bail out the banks on the back of the savers. After bail-in comes pensions and 401 k's. Best to get out of the system altogether right now and keep some cash as well as precious metals.

  8. @WallStForMainSt: How many people have left France? Do you have numbers? Even if many left, which I doubt: If one leaves France, after 180 days their tax liability in France ends. Do you know when an American's tax liability to the IRS ends? Upon decease. An American has to file taxes with the IRS forever, period. You can deduct what you've paid abroad in taxes, under most double taxation agreements, from the 95% marginal tax rate, but that doesn't reduce the overall tax burden. That's why the rich won't leave. You would have to go to Paraguay or North Korea, where there is no extradition agreement for tax evasion. Good luck with that. Sorry to say, but that's just something the rich wish us to believe. Billionaire BS, so to say.

  9. Wow!! I think you said all that in just about one breath, lol! You have excellent points. Here in Canada, our Liberal government seems to think ramping up spending and implementing things like carbon taxes will make everything better. Unfortunately our Prime Minister, who was born into a wealthy family and has never had to hold down a real job to survive (though he and his family look very pretty on magazine covers), has some very lousy advisors. My hydro bill has gone up quite a bit ever since our Premier implemented wind power over a great many objections. Gotta love idiots with an agenda in charge of the tax dollars.

  10. sometimes the. presidential rallys be fake…like green screen fake

  11. Another good book, "The Millionaire Next Door".

  12. if they steal my retirement im going to be ready to scrap……

  13. Thanks Jason as always for this. The Richest Man in Babylon is available for free on Youtube. Bankers have screwed up the world so bad, some of this is no longer true. Gold being the only thing worth holding (compared to spending it on fruitful endeavors) and owning a house which is not IMHO not a wise choice at this point in time. Cheers

  14. after the crash your interest rates will go up double digits

  15. How to deal with it? The only answer is to stop consuming. Be a minimalist. Starve the system. Every dollar you spend is literally a dollar in the war chest of your enemy. STOP CONSUMING!!!

  16. Of course they will increase taxes on the people. They want to get rid of the middle class and make everyone poor. Obamacare was just a HUGE tax on the people and already did a lot of damage. Hitlery will make sure to finish the job Insane Obama started.

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