Yes, the political elite really are coming for your money.
Over the weekend, congresswoman Alexandria Ocasio-Cortez (D-NY) called for a wealth tax on New York billionaires to “benefit working class” New Yorkers.
Why does this matter? How is this any different from any other politician calling for some new policy?
This matters because of what Ocasio-Cortez represents.
She is an extremely popular “front” for the political elite on the left. If she is pushing this idea, it’s because her radical leftist handlers want to introduce the idea of wealth taxes to the general population.
Like every other major policy, the way this is done is by introducing a version of the policy that would be palatable to the average American. In this case it’s “taxing billionaires.”
However, we’ve seen how this template works before with Obamacare (“you can keep your doctor, and your bills won’t go up”), the Patriot Act (“we won’t be spying directly on you, so you don’t need to worry”) and other items (“we aren’t actually bailing out the banks”).
Every single time, the policy is introduced in a friendly way that most Americans agree with… only for us to discover the REAL agenda after the fact: that the actual policy would actually apply to everyone and would in fact be far worse than we were told.
In this case, the REAL policy the elites want to introduce is to implement a wealth tax on everyone across the board.
Indeed, the IMF, which is the headquarters for the globalist political elite has called for a 10% tax on NET WEALTH for everyone.
To shore up sovereign balance sheets (reduce debt levels).
The Elites will introduce these ideas as new proposals based on “fairness” or “helping America out” but the reality is that the Powers That Be have been working on this for well nearly a decade.
We now know Alexandria Ocasio-Cortez is meant to be the “sales person” for this policy, much as Barack Obama was the salesperson for ObamaCare and George W Bush was the salesman for the Patriot Act/ spying on Americans.
The reality is that much of what’s coming has already been signed into law. Did you know that in 2011, the US passed legislation that would allow regulators to:
1) Freeze bank accounts and use them to “bail-in” financial institutions/ banks.
2) Close the “gates” on investment funds/ money market funds to stop you from getting your money out.
3) Impose wealth taxes and seize unused assets.
If you think that’s bad, consider that the Fed plans to both seize and STEAL savings during the next crisis/ recession.
If you think this sounds like a “conspiracy theory” we’ve actually uncovered a secret document outlining exactly how the elites plan to do this. It was written by a man who has served as an advisor to THREE separate central banks.
We detail this paper and outline three investment strategies you can implement right now to protect your capital from the Fed’s sinister plan in our Special Report The Great Global Wealth Grab.
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Chief Market Strategist
Phoenix Capital Research