As Stockton, CA become the first city to declare bankruptcy, lawmakers across the state are doing everything in their power to commandeer more revenues. In addition to driving up sales, income and corporate taxes, legislators have been coming up with more creative ways to tax their constituents. United Press International reports on California’s new plan to eventually tax their residents for every mile they drive:
A California transportation agency said it is considering a tax on motorists for each mile they drive in their cars.
The Metropolitan Transportation Commission, the San Francisco Bay area agency leading the discussions on the possible tax, said the plan would likely involve GPS-like devices installed in cars to keep track of the miles traveled by motorists, with low-income drivers excepted, the San Jose Mercury News reported Wednesday.
The Association of Bay Area Governments, which includes city councilors and county supervisors, is scheduled to analyze a study of the proposal Thursday.
You won’t hear about the problems below in the news, and you certainly won’t hear about the solutions. Numbers don’t lie, and the numbers are telling us that things will get much worse before it gets any better, so taking certain steps that makes sense no matter what happens makes sense, right?
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The Problems: Corrupt Governments, Fraudulent Central Banks, Insolvent Banks, Dying Fiat Currencies, Inflation, Insecure Gold Storage, The Rise of the Police State, Illegal Surveillance, Food Crises, Capital Controls, Wage and Price Controls, People Controls, And More.
The Solutions: Internationalization, International Diversification, Offshore Banking, Residency and Second Citizenships, Moving Your IRA Offshore, International Investing, Resilient Communities, Investing in Productive Farmland, And More.