There is a two-word phrase which is virtually never heard within the vacuous propaganda machine known as the mainstream media: “wealth taxationâ€. There are very obvious reasons for such conceptual censorship.
To begin with, the corporate media is merely one of the subsidiaries of the financial crime syndicate which readers know as “the One Bankâ€Â . The One Bank exists for one purpose, to steal wealth. Any form of wealth-taxation would effectively claw back significant amounts of these ill-gotten gains; therefore, discussion of this concept is verboten.
This is why we have an “income taxation†system, the most inefficient, complex, and economically destructive form of taxation system which could be inflicted upon us. We have income taxation for one, and only one reason: it provides a taxation “free ride†for the Ultra Wealthy, the proprietors of the One Bank.
How, then, is it possible that Deutsche Bank, one of the Big Bank tentacles of the One Bank, could have recently and openly suggested implementing wealth taxation? It is both a putrid and delicious display of irony.
Our governments have already been bankrupted, and our public treasuries have been emptied (via the“bank bail-outsâ€Â of 2008). The masses have already been virtually squeezed-dry of their wealth. Our overall standard of living has already plummeted by more than half. The Middle Class is virtually extinct , having devolved into the Working Poor. But the bankers’ masters are still hungry.
Thus, their psychopathic minions have been encouraged to dream up new-and-innovative ways to steal more. One form of systemic theft which has been gaining momentum is “the negative interest rateâ€: borrowers literally stealing from lenders (and savers). It is in this context that we see the two-word phrase which is a “four-letter word†to all bankers: wealth taxation.
…the ECB and BoJ should move more strongly toward penalizing savings via negative retail deposit rates or perhaps wealth taxes .
Here it is necessary to point out the extreme perversity which is implicit in this suggestion. Why is a Deutsche Bank mouthpiece suggesting “negative retail deposit rates or perhaps wealth taxes� The answer is to (supposedly) stimulate our economies.
Of course, another, obvious way to characterize negative interest rates on bank deposits is as a tax on bank deposits. That is why negative interest rates are suggested interchangeably along with wealth taxation – they are both a form of taxation.