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The Vulnerability of Private Wealth to Government Financial Stress
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The Vulnerability of Private Wealth to Government Financial Stress
Tag Archives: wealth taxes
The Writing Is on the Wall: There Will Be Wealth Taxes
What is a government to do, when a slowdown in population growth occurs after it has committed itself to age related entitlements? In this case, inter-generational income redistribution from the young to the elderly will not be sufficient to cover the costs. The answer is to find another tax base, which this time looks to be a wealth tax. Indeed, it has already arrived. Learn more about financial diversification consistent with this reality. Continue reading
Posted in The Spellman Report
Tagged Entitlements, Financing the government deficit, Global wealth diversification, Government Deb, Intergenerational income redistribution, Life Insurance, Private Placement, Swiss Annuities, t Government financial strains, Wealth confiscation, wealth redistribution, wealth taxes
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Is the Cyprus Bank Fiasco the Template for the Future?
We are living in profound times. The Great Recession, followed by epic levels of deficit spending sustained by monetary policy, is now having short-term remedial effects on the U.S. economy. But before we declare victory, we need to be clear … Continue reading