Armstrong Economics Blog/The Hunt for Taxes
Posted Aug 21, 2019 by Martin Armstrong
I have been warning about the hunt for taxes. You must realize that the worst is unfolding at the state and municipal levels of local governments because they cannot create money as is the case at the federal levels. Therefore, they pass draconian laws and enforce insane things just to raise money.
In New Jersey, I was given a parking ticket in a private parking lot. Of course, it was illegal. They know you will pay the $35 rather than take a whole day off from work to fight an illegal ticket in the first place.
Marlton, New Jersey, one of the most corrupt towns in the state, set up roadblocks during Rush Hour. I was caught up in these unconstitutional money grabs twice. You have to show your license, registration, and insurance card. Missing anything and you were sent to another line for your $125 ticket. Sure you can fight it. You will spend $125,000 and win.
They know lawyers charged way higher than any other profession to ensure you cannot actually fight illegal actions by the states. This is part of the cycle and it will end in civil unrest. Welcome to the end of this wave of the Economic Confidence Model.
It ís time for a repeat of French styled Revolution complete with its guillotines.
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Sadly we are getting close to that.
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” a parking ticket in a private parking lot. Of course, it was illegal. They know you will pay the $35 rather than take a whole day off from work to fight an illegal ticket in the first place.”
In Melbourne, Australia, there are some kind of agreements between owners of private parking lots and councils. It appeared that the space owners assigned the rights to remove/fine vehicles to councils.
It will be interesting if some court rulings make that kind of assignment iĺlegal
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In every country in western civilization that has promised the people the world they are running out of other peoples money. Within 10 years all the money will be gone and there will no longer be any standing governments left in all of western civilization.
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It is not 10 years from now, it is only 3 years. Inflations will be rampant, fiat moneys remain but stores will sell stocks at blsck market prices, not at advertised prices: It will be a repeat of USSR in its final years.
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