War On Middle Class Accelerates

 

It’s no longer lurking in the shadows as the war on the Middle Class accelerates.

 

Cue up:  A recent study reveals that 63% of new audits targeted Americans earning under $200,000.

 

O’Biden initially claimed he would send his troop of IRS agents (hopefully not armed with semi-automatic weapons) to target Americans earning double that amount.

 

And that billionaires would be the main target of the IRS.

 

However, 80% of all audits were on filers earning under $1 million. 

 

Ironically (or NOT) the IRS claimed they would prioritize hunting higher earners.

 

But they never explicitly said they would not come after ALL Americans.

Bottom line…the desperate hunt for taxation has been a war on the middle class.

 

 

Undeclared War on Middle Class

 

 

Unlike the ultra-rich, the middle class is unable to file massive write-offs.

And they cannot afford to continue paying Uncle Sam on every incoming and outgoing transaction, plus savings, income, and everything else from birth to death.

 

This is why – in the not-too-distant future – private and tangible assets are a safer bet compared to cash.

 

HINT…HINT…Gold, Silver, other precious metals, and tangible assets like real estate.

 

But here is the main problem we are facing.

 

The District of Caligula effectively lowered our purchasing power by fueling inflation through absurd fiscal and social policies.

And now they are asking people to give them even more of whatever money that remains.

 

Their corruption knows no limits as Washington continues to spend taxpayer funds on initiatives that the people have never once voted on.

 

And, as if on cue ahead of election season, O’Biden is going on yet another spending spree with your money.

 

How?

 

To buy off voters…and make it legal for illegal immigrants to vote.

 

Sadly, every new war, aid package, climate change package, social program, and migrant who crosses the border is now the responsibility of the US taxpayer.

 

And adding insult to injury, it will become far easier for governments to extort the people when they introduce CBDC in January 2025.

 

Ready for more gloom and doom?

 

Once they force us to digitize our dollars, inflation will continue to rise above GDP and we will enter a period of stagflation.

 

READ:  Stagflation Raising Its Ugly Head Again  April 26, 2024 (HERE).

 

Who voted for this nonsense?

 

And, for the record, you cannot vote your way out of tyranny.

 

This war on the Middle-Class will eventually fail.

But there will be a great cost to pay in the meantime.

 

Learn how to minimize the pain in our May edition of “…In Plain English” (HERE).

 

And share this with a friend…especially if they make less than $200,000 per year.

They’ll thank YOU later.

 

And tell them:

 

We’re Not Just About Finance

But we use finance to give you hope.

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