[ExI] I see pitchforks.

[Adrian Tymes]

On Mon, Jul 8, 2019 at 12:41 PM <spike at rainier66.com> wrote:

> No worries, sell the jet to a foreign company, lease it back.  Now you
> don’t own that jet.  Or the yacht.
>

And the foreign company is within its rights to not lease them to you.


> >> *those average taxpayers who think they might be approaching
> non-average status would dump their wealth into gold, BitCoin, things which
> cannot be declared *
>
>
>
> >…If you ever plan to use the gold or Bitcoins to actually buy something
> then you'd better declare them or the IRS will put you in jail…
>
>
>
> I see, so spending one’s own money is illegal now?
>

Hiding money in undeclared alternate forms, so as to dodge income tax, sure
is.  Spending money that was thus hidden is how the IRS sometimes finds out.


> The IRS has the right to know what I own now?
>

It has the right to know what you obtained - that is, your income.


> As it turns out, it would be easy to defeat.  All you need to do is
> explain to the voters that the pitchfork people will come for the ultra
> rich first.  Once they are in prison and the government seizes their
> assets, what a surprise!  There is a new top 1%.  When they are gone, there
> is a new 1%!  When does your number come up, John?  Is it sooner?  Or is it
> later?
>

It comes up after they run out of prison space - which they are already
short on - so they can't do the cycle you postulate more than a few times,
if even once.  Most people would be confident enough that it would stop
long before it got to them.
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