Tag Archives: Vladimir Putin

Jul 18 2024

Russia Raises Taxes to Fund War


Posted originally on Jul 15, 2024 By Martin Armstrong 

Russia 5 Rubles

The people always lose in times of war. Vladimir Putin is looking to the Russian civilians to help fund the war that has lasted far longer than anticipated, thanks to Ukraine having backers with deep pockets. The flat tax rate of 13% that Putin implemented when he took over for Yeltsin in 2001 is being ratified for the first time I nearly 25 years.

Families earnings under 2.4 million roubles ($27,312.14 USD) will maintain the 13% rate. Those earning between 5 and 20 million roubles (>$227,592.80 USD) will face a flat tax rate of 18%, while those earning between 20 million to 50 million roubles (%$568,982.000 USD) will face a 20% tax. The highest earners bringing home over 50 million roubles annually will be taxes 22%.

Now, this is still a light rate of taxation compared to what we see elsewhere. Still, people and businesses alike are displeased. The corporate tax rate will rise by 5% from 20% to 25%. The government expects to generate an additional 2.6 trillion roubles in revenue once the tax is implemented next year.

Russia’s Finance Ministry believes that 2 million people, 3.2% of the working population, will see a rise in their taxes. Taxes on investments will not change. “The changes are aimed at building a fair and balanced tax system,” Finance Minister Anton Siluanov said, adding that the additional funds would bolster Russia’s “economic well-being.” He said the tax hikes will help fund social spending, including state child support and Russia’s pension fund.

It is almost unheard of for a nation to maintain the same rate of taxation for two decades. The flat rate was big selling point of Putin’s success and popularity among the Russian people. Yet, wages in Russia have also risen at the fastest pace in over five years, with a 7.3% uptick in 2023. Russia is expected to spend at least 40% of its budget on the war in Ukraine. Russia now must prepare for a prolonged war as NATO has become heavily invested and has backed the country into a tight corner.

Jul 11 2024

Trudeau Considers Additional Housing Tax


Posted originally on Jul 11, 2024 By Martin Armstrong 

Canadian Prime Minister Justin Trudeau

Inefficient politicians consistently cite additional taxation as the solution to their nation’s economic troubles. The housing crisis in Canada is has spread to every province. Instead of addressing availability, the disproportionate demand brought on by multiplying the nation with migrants, or any of the countless fiscal policies that have contributed to inflation, the Canadian government believes it is the duty of citizens to subsidize their wealth as a temporary solution.

The Trudeau Administration has been trying to paint the housing crisis as a conflict between the social-economic classes. All those greedy citizens who saved for homes are preventing new homeowners from entering the market. Trudeau basically said this when appearing on the podcast Generation Squeeze, an organization that is pushing to add an annual surtax on homes over C$1 million. They believe houses between C$1 million to C$1.5 million, even if a primary residence, should face a 0.2% surtax that would eventually rise to 0.5%. Homes over C$2 million would face a 1% surtax.

What about older Canadians who have been residing in their family homes for decades? They may not necessarily be rich but they purchased when the landscape was different. Trudeau said those who “scrimped and saved” simply fail to understand that the younger generation can no longer do the same due to the economic environment he helped to create.

“GOVERNMENT BUREAUCRATS DON’T BUILD HOMES!” – Conservative Leader Pierre Poilievre

I mentioned in a separate post that 13.5% of young Canadians under 24 cannot find entry-level work. Unemployment is on the rise and young people cannot afford to save what little they have. All Canadians are feeling the constraints of inflation, with household debt rising to over 100% of GDP and the debt service ratio surpassing 15.22%. People are paying for the luxury of even having debt.

This thoughtless plan does not count for the fact that home prices are continuing to rise. C$1 million may sound high, but the average home in British Columbia is around C$965,447, with those in Ontario facing an average price of C$853,915. The average home cost around C$657,145 across all provinces in 2023, but that average was only C$391,820 just 10 years ago. The Canada Mortgage and Housing Corporation (CMHC) believes the average home will reach C$$746,410 by next year.

This is not a tax on the wealthy, though that would not be a solution, rather, this is a tax on hardworking Canadians who are struggling to maintain what they have left. This tax is in addition to the countless other grabs that the government is expecting from homeowners. There are federal initiatives that currently spend billions on new construction, such as the Canada Housing Infrastructure Fund, which spent C$6 billion toward new construction. What’s the point of increasing the supply when you’re increasing the overall population more rapidly? Trudeau did not offer ANY other solution during his interview because he had none to offer.

Jul 11 2024

Left in France Adopts Biden’s Tactics – Criminally Charging LePen


Posted originally on Jul 11, 2024 By Martin Armstrong 

Le Penn to be Charged Criminally

POLITICO has reported that the Paris prosecutor’s office confirmed that they have launched a criminal investigation after a preliminary inquiry. The investigation has targeted Marine Le Pen’s previous presidential bid in 2022 with allegations of embezzlement, forgery, fraud, and a candidate on an election campaign accepting a loan. It is curious that such criminal prosecution of candidates are always by the LEFT against the RIGHT.

7 2024_Brazil_Police_Accuse_Bolsonaro_of_Embezzling_Saudi_Jewels_The_New_York_Times

Brazil’s federal police recommended that former President Jair Bolsonaro be criminally charged in a scheme to embezzle jewelry he received as gifts from foreign leaders while president, according to two people close to the investigation, adding another major legal challenge for Mr. Bolsonaro.

Clintons_Began_Taking_White_House_Property_a_Year_Ago_Los_Angeles_Times

Bill and Hillary Clinton took furniture from the White House in 2001. The Clintons actually returned more than $28,000 worth of items, which, they said, they “thought were personal gifts given to them and not to the White House.”

Hillary_Clinton_had_emails_on_server_more_classified_than_top_secret_CBS_News

CBS reported: “The server Clinton used as secretary of state contained “several dozen emails containing classified information determined by the [intelligence community] element to be at the CONFIDENTIAL, SECRET, and TOP SECRET/SAP levels,” the inspector general, Charles McCullough, wrote in the letter, which was first reported by Fox News.”

Between taking government furniture and then returning it, establishing it was government property, not theirs, and then adding the classified documents on a private server for which the RIGHT did not criminally prosecute Hillary as the LEFT has done to Trump over the same issue.

applause_text_anim

Well Done!

This is the way to destroy civilization and create tyranny, as the LEFT will always go to extremes, for at the core of their philosophies lies the fact that they cannot tolerate freedom for people to do things that they object to.

Smash Rule of Law

We are witnessing the weaponization of the rule of law for political purposes on a global scale. That is destroying world civilization. This is intimidating people to stay away, for they will only be criminally prosecuted on allegations that once made, the press will pronounce them guilty without a trial or due process of law. The mere allegation is good enough to destroy anyone who dares to challenge the LEFT. This is what 2032 is all about. We are witnessing the complete destruction of Western Society at the most fundamental level. When you destroy the rule of law, everything crumbles to dust before your eyes. The very meaning of “civilization” is we settle disputes in a civilized manner. Tear down this foundation, and all that is left is UNCIVILIZED behavior, including revolutions

Jul 8 2024

Ep. 3395b -DHS Simulates ‘War Game’ Drought & Blackouts,Trump’s Prediction,[BO] Has Been Flushed Out


Posted originally on Rumble By X 22 Report on: July 6, 2024 at 12:00 pm EST

Jul 8 2024

Elon Musk Partners with World Economic Forum


Posted Jul 8, 2024 By Martin Armstrong 

MuskESG

I like Elon Musk for his innovative mind and willingness to speak out against the establishment. Is he part of the controlled opposition? I did not believe it to be true until his recent dealing with the World Economic Forum. Musk himself deemed the ESG policies of the WEF to be “satanic” only one year ago, but now, he has appointed a WEF board member to act as CEO of X.

GARM

X (formerly Twitter) is now part of the Global Alliance for Responsible Media (GARM). The World Economic Forum states on its website that GARM will help the 3.8 BILLION internet users to sort through real vs fake news through censorship, taking on the role of judge and juror. “Together, [GARM] is collaborating with publishers and platforms to go more to address harmful and misleading media environments; and to develop and deliver against a concrete set of actions, processes and protocols for protecting brands,” the website notes.

Is this purely business? Ad revenue on X has decreased by half since Elon’s acquisition. X has been accused of allowing hate speech on disinformation to reach its 250 million daily active users. Its userbase has not increased in a meaningful way since Elon’s takeover in November 2022, far undermining Musk’s goal of 600 million daily active users by 2025.

X was one of the last social media platforms that did not censor its articles and it had become the number one social media platform used by world leaders to share messages instantaneously. TikTok now seems to be the final frontier for free speech, but the ban is pending, and many wrongly believe China is using it to collect user data. The globalists have ruined the internet, which was once an incredible medium for connecting people and ideas globally. One of my recent interviews with Palisades radio was removed from YouTube for “disinformation” regarding COVID-19, despite the fact that I was speaking from well-sourced content. The establishment does not want us to share the TRUTH. Free speech has been banned from cyberspace.

Jul 8 2024

The Communists and Socialists Have Won the French Election – The Prime Minister Immediately Resigns


Posted originally on the CTH on July 7, 2024 | Sundance 

We knew it was going to happen this way, that’s why CTH didn’t join in the initial celebration when French President Emmanuel Macron announced the snap election.  France is ground zero in the EU for U.S. interference via the U.S State Dept/CIA operations.  Macron is a tool of the far left, who are controlled by the intelligence apparatchik.

When the first round was over, CTH said, “Macron will instruct his centrist seats, who lost, to organize their votes for the far-left socialists, thereby blocking the National Rally party from gaining a working majority.  Just like the radical leftists in the USA (Democrats), Macron’s followers will do exactly what they are told to do.” {LINK} Well, that’s exactly what happened.

When the Macron coalition started resigning to support the communists, CTH again said, “For this second round of the election, President Emmanuel Macron and Prime Minister Gabriel Attal have organized 210 candidate exits.” … “All of the opposition research files on the Marine Le Pen supported nationalist candidates are being dropped in advance of the Sunday election, in an effort to stop the conservative French from achieving victory.  These are all direct plays from the revolutionary communist playbook.” {LINK} Well, again, that’s exactly what happened.

Now, here’s the results of the second-round vote today.  The coalition of communists and far-left socialists have won.

(VIA AP) – The first projections in the 2024 French legislative election say leftists have won most seats. The surprise projections put President Emmanuel Macron’s centrist alliance in second and the far right in third.

[…] French Prime Minister Gabriel Attal says he will resign.  This comes after projections show a leftist coalition has surged to the lead in legislative elections. Final election results are expected on Monday.

[…] They had just days to come together. The leaders of France’s left-wing parties have acknowledged they made compromises to unite in an effort to keep the far-right National Rally party from taking power in France.

The coalition calls itself the New Popular Front, named after a similar coalition formed in the 1930s against the rise of fascism in France. It includes environmentalist parties, the French Socialists and Communists and the hard-left France Unbowed party. (read more)

As anticipated…. “It really is remarkable to watch the similarities between left-wing politics in the USA and left-wing politics in France.  Historically, and in actual practice, we see this similarity as history rhymes and repeats. In both instances, you will note how the “mainstream” Democrats align with the communists to stop the majority of commonsense patriots.

In the USA, Democrats enjoy the activity of their foot soldiers in Antifa (Occupy Wall Street, Black Lives Matter, or RevCom etc.)  In France, the Democrats (NPF), within Macron’s camp, enjoy the activity of Black Bloc (the EU Antifa socialists and communists).

Now, watch what will happen with the socialists/communists in charge.  This is what those new majorities previously pledged they would do:

(Via Bloomberg) – France’s leftist alliance would raise the top marginal income tax rate to 90% if it were to take over the government following legislative elections that run through July 7.

Eric Coquerel provided the figure in an interview in Cnews television, saying that the New Popular Front’s proposal would pass muster with French courts and wouldn’t be considered confiscatory because it would only have an impact on the highest portion of a taxpayer’s income.

While Coquerel, who presided over the finance committee at the National Assembly before its dissolution on June 9, didn’t specify the level at which the 90% rate would apply, the plan was previously in the program of his far-left France Unbowed party. In a budget amendment proposed in 2019, the top rate would apply on taxable income over €411,683 ($440,213).

The income tax rate in France currently tops out at 45% on income over €177,106. (more)

To stop the commonsense, pragmatic and ordinary patriotic French people from having a voice.  The centrists in the French government have now given the majority of their legislature to the communists and socialists.

Also, as we predicted:

“The Nationalists will act flummoxed, stunned, jaw-agape, just like good little French Republicans.  The French people will wonder what happened just like American conservatives.  Wash – Rinse- Repeat.

Watch.

There are billions at stake.”

Jul 7 2024

Documentary: Unsustainable ‘The U.N. Agenda For World Domination’


Posted Jul 7, 2024 By Martin Armstrong 

Jul 7 2024

The French LEFT Erupts in Violence over Le Pen


Posted 0riginally on Jul 6, 2024 By Martin Armstrong 

French Riots by LEFT 2

The French LEFT is rioting over LePen’s victory in the first round. This is what we should expect in the United States, for regardless of who wins the election, neither side will accept the result. The West is crumbling for politics has become so polarized that civilization is no longer viable. This is what 2032 is all about. It is simply intolerable that one side thinks it is their turn to oppress their opposition. We cannot stand as single nations with such hatred.

Jul 6 2024

Tucker: Adjusted For Inflation, We’ve Lost 13% Of Our Real GDP Over The Last 3 Years


Posted originally on Rumble By Bannons War Room on: July 05, 2024 at 08:00 pm EST

Jul 5 2024

Hearts of Oak: Dr Shea Bradley-Farrell


Posted originally on Rumble By Bannons War Room on: July 04, 2024 at 03:00 pm EST