My Covid-19. . Chinese Flu Tax Prediction

Might as well just say it now.

With government spending trillions and trillions to fight the war on China's flu, government will eventually say, "We spent so much that we HAVE to 'temporarily" raise taxes to offset all that necessary spending!


I think they'll have to do it before the election to make "raising taxes" a wedge issue on Trump.

So give it 8 weeks. By Memorial Day or so.

They will be talking tax increases.

a reply to: DBCowboy

That is an interesting theory. And if I was betting man I wouldn’t doubt your correct.

a reply to: DBCowboy

In order to return to work
I expect a DNA Profile with mandatory testing/vaccination
possibly social monitoring
Cash handouts certainly won't come free
The lessons of history show Another war is on the horizon.
recouping the costs will be a priority
Venezuela is on the list[

Yeah, and by Christmas, they will be saying you have to pay your taxes in gold or silver, because the dollar is now worthless

a reply to: DBCowboy

Definitely wouldnt surprise me, putting it mildly..

An alternative is to actually examine government spending and budget habits and try to make it all more efficient for less cost. Something that is loooonnnnggggggg overdue, but also just gets an LOL and a chortle from me at the infinitesimal chance of it happening.

Doubt it. Anybody wanting to raise taxes right now is going to die climbing that steep grade hill.

originally posted by: Stupidsecrets
Doubt it. Anybody wanting to raise taxes right now is going to die climbing that steep grade hill.

That's what the Democratic party is running on this election cycle though... raising taxes.

To the OP, as a betting person I wouldn't bet against that.

Just makes sense.

Money does not grow on trees, the more you spend, the more you have to make to be in the exact same place financially and economically.

All countries are experiencing this, so there will likely not be a drop in the value of our money created by this event in contrast to the whole world. Lots of countries will just print more money on the electronic books, this debt may not be considered debt if it happens world wide. The tax increases may not be that big, but there will be some.

Raising taxes won't do a damn thing. It's the budget. Unless it's gone through line by line and lightened with a 20 year block on new programs and larger budgets pointless. Still spending more than taking in.

originally posted by: visitedbythem
Yeah, and by Christmas, they will be saying you have to pay your taxes in gold or silver, because the dollar is now worthless

or paid back in bath tissue.

a reply to: Lumenari

That's what the Democratic party is running on this election cycle though... raising taxes.

Isn't that what the democratic party always runs on?

Here come the VAT!

originally posted by: ketsuko
Here come the VAT!

Virus Added Tax?

a reply to: DBCowboy

The virus added value to your ability to work and produce.

I’ve been saying this since they started talking about the stimulus plan. No guessing or predictions needed, taxes are going to go through the roof to pay back the mishandling of this virus.

a reply to: Middleoftheroad

So you're saying I'm a copy-cat!

*looks at Middleoftheroad sneakily*

a reply to: DBCowboy

If 20+ trillion didnt hurt our tax rate then 2 more wont.


We can just press backspace on the screens of one account and add the zeros into the other.

They will cause high inflation instead, increasing prices, wages etc it will increase the tax take and pay down the debt quicker.

a reply to: SoEpic

So devaluing the dollar will pay down the debt quicker.

originally posted by: DBCowboy
a reply to: SoEpic

So devaluing the dollar will pay down the debt quicker.

Sounds a lot like the proverbial re-arrangement of the deck chairs on the Titanic...After the iceberg encounter.

Good thing I was sleeping in a lifeboat!