'YOU WILL OWN NOTHING AND LIKE IT" NEW DETAILS ON YELLEN'S TAX THAT WILL END HOMEOWNERSHIP IN AMERICA

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'YOU WILL OWN NOTHING AND LIKE IT" NEW DETAILS ON YELLEN'S TAX THAT WILL END HOMEOWNERSHIP IN AMERICA

Submitted by Dave Hodges on Saturday, October 2, 2021 - 00:17.

'YOU WILL OWN NOTHING AND LIKE IT" NEW DETAILS ON YELLEN'S TAX THAT WILL END HOMEOWNERSHIP IN AMERICA

How very Fabian!

elisa delaurenti Sat, 10/02/2021 - 13:21

Comment

Yellen and her hubby are both high level leaders with the fabian socialist society. Their publicly stated mission is the total destruction of the United States of America.

Comment

They are going to end home ownership in many other ways Dave. I have seen it coming for years. What we need to do is to enforce the (misapplied to the States) 6th and 7th amendments and demand a jury trial if anyone tries to take our homes.

Xxx

Viktor Brack II Sat, 10/02/2021 - 21:16

Comment

I will burn it down and they shall have ashes in their mouths.

Response

Richard Forscutt Sun, 10/03/2021 - 00:33

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If I understood the tax bill correctly, the Biden Administration was going to stop the step up in basis. That means that when you (the heir) sell the property (house, stock, etc.) you are paying huge capital gains on the selling price less the original cost that the heir paid for the property. On estate tax, I heard that the Dems wanted to bring the exemption down to a million. That would mean that the executor would have to pay a lot of estate taxes. The part that you mentioned where the basis for the heir would go down to zero, I have not heard. None of this is good, but if it is done by executive order, then it can be repealed quickly by the next President. Legislation by congress is a lot more difficult to repeal.

Response

Richard Forscutt Sun, 10/03/2021 - 00:39

Comment

I am a little surprised by your comment. I think that the Dems have not totally given up on passing their 5 trillion dollar social spending program. If Manchin says no and Sinema says no and the Dems throw a temper tantrim and instead of the 1.5 trillion of infrastructure, they get zero. Pres. Biden can try to pass all of this by executive order, but will it stand up in court and then, can it stand up in a future administration that can repeal all of Biden's executive orders immediately? These executive orders are an abuse of power. The President does not make law, congress does. This is a dictatorship if what you said is true. Maybe China will take all of our land with the force of bullets and we will have to fight to the death.

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About the Author

dave hodges

Dave Hodges has been publishing the Common Sense Show since 2012. The Common Sense Show features a wide variety of important topics that range from the loss of constitutional liberties, to the subsequent implementation of a police state under world governance, to exploring the limits of human potential. The primary purpose of The Common Sense Show is to provide Americans with the tools necessary to reclaim both our individual and national sovereignty.

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