Mr. O and higher taxation

Okie, there was a blog on Dinar Recaps this morning from Bulldog talking about the extensions that "O" has been receiving, which revolve around him trying to get a "statute" in place to charge higher taxes with this the RV.Is this true? He goes son to say that the higher taxes are because of us "causing the delay" for we continue to purchase...therefore he gets an increase in the taxes received. I knew he had requested extensions from the IMF or wherever, but can he actually put into effect a new statute increasing the tax rate without a congressional vote? If he would need that, wouldn't that take this past the end of the month for they would all have to be back in D.C.?

Please help me to understand this, for I may have read the post incorrectly, and anyone else who may have read Bulldog's post today. I know we are all on edge and trying desperately to remain calm and grounded. We don't need anymore "bumps in this road", especially one's caused by "O" and his team.

Happy Early Birthday and will wish you a great day on your actual birthday, tomorrow. Thank you for all you do and all of your patience...lots of naysayers out there trying to unhinge us.

mimi49

The more dinar purchased and redeemed the more taxes that will be collected. This is not a percentage increase this is a volume increase.

Any actual percentage increase...say 15% per previous posts, to 25%....would have to be passed by Congress.

God HELP us if...dare I say... "O" ....is ever able to increase tax rates through an Executive Order !!!

O seems to do a lot of things through Executive Order that are supposed to have Congressional approval. He just ignores the Constitution. I hope new or increased taxes will still have to go through Congress. I don't like O's hand in my wallet.

Thank you all so much. I knew about the 15% and 35% (didn't know about 25%), but when I read this, the way it was phrased made it sound like he was trying some chananigan's, once again, to delay this more and make it cost us more. I have absolutely no problem paying what I need to pay, just not to trusting of this administration.
rtvtexan, you are absolutely right, it would be a scary thought. Thank you all once again.
Be well, safe and humble...what a blessing is coming our way.
mimi49

Don't worry- 'O' will be in wrist bracelets soon enough- watch and see- long before his re- election~!

Ohhhhhh terbo56....You bringer of False Hope !!!!!

One can only wish !!!!!

Could we TRULY be so lucky ???

:cheers: :happyjoy: :cheers: :cheers: :happyjoy: :cheers:

terbo56@yahoo.com wrote:Don't worry- 'O' will be in wrist bracelets soon enough- watch and see- long before his re- election~!

Rumor has it that "Butch" might be hooked up to "Sundance"(Biden) as well. But you know all about these rumors, rarely do they ever come true.

As far as the taxes go, never say never. O can do anything he wants to do and then figure out how to get it by the 'rules'. I'm hoping that if and when we ever do see an RI/RV that we will somehow be able to hang on to half of our initial ROI.

Is it just me, or does OKIE NEVER answer any questions here. lol MODS and everyone else does...

ck my post under News today, and also go to rodclassteam.com and check out his actions against IRS,under cases filed..he has them dead to rights

It's going to happen- sooner or later-

As corrupt as he may or may not be (Fed's are watching so we have to be careful!) Mr. O cannot unilaterally make changes to the Treasury codes, it takes way more than an executive order. You may remeber the checks and balances, and the seperation of government powers discussion from your HS government classes. Nothing has changed.

Not being naive as some may think. It just doesn't work that way!

As of this morning, my accountant tells me that we will be taxed at the maximum current rate which is 35%