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To Whom You’re Really Paying Property Taxes

April 21, 2021 By E.J. Smith - Your Survival Guy

By emilie zhang @ Shutterstock.com

OK, we’ve seen how some governors can and will go wild, turning a virus into their personal crusade. Governors went wild in states like California, Michigan, and New York, and that’s not even counting the mayors of cities like Portland. How can you survive the chaos?

When there’s never enough “revenue,” a word the political class misuses—it’s not like they’re producing anything—redistributing what’s yours becomes a calling. A calling that should be yours to control—that is, if you want to give your money to others, fine, your call.

But when you’re in a system where producers are the product, you need to think long and hard about your future. We already know the House Democrats are calling for national voting laws, a first step to turning Washington, D.C. into the Amazon.com of government—governing all with one central authority. Imagine what they’ll do when tracking newly minted digital dollars gives them all the information they ever wanted to know about you. It will be “Government Prime,” a virtual panopticon from which there is no escape.

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Once the Feds neuter and replace the state governments, they’ll have solved the last mile problem, bringing their authority right to your door. And they’ll start making decisions about equality and inclusiveness (not yours, of course) on a national level. In other words, solvent Red states and cities will be forced to bail out the Blue ones. Rahm Emanuel thinks this is the way forward.

Why not make your property taxes a federal tax? You see where they’d like to go, don’t you? I know you do.

Action Line: When your property taxes, say $10,000, go up 3% a year and compound over a lifetime, who’s owning whom? Stay tuned.

Originally posted on Your Survival Guy.

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E.J. Smith - Your Survival Guy
E.J. Smith is Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. His focus at all times is on preparing clients and readers for “Times Like These.” E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998.

E.J. has trained at Sig Sauer Academy in Epping, NH, NH, where he completed course-work in Practical and Defensive Handgun, Conceal Carry Pistol, Shotguns, Precision Scope Rifle and Kidnapping Prevention.

E.J. plays a Yamaha Recording Custom drum set with Zilldjian cymbals. His first drum set was a 5-piece Slingerland with Zildjians. He grew-up worshiping Neil Peart (RIP) of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West and Paris.

Please get in touch with E.J. at ejsmith@yoursurvivalguy.com

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