This blog is run by a 27-year-old Texan who is a sociology student, liberal, panromantic/demisexual and a Christian. This blog may contain information which is informative and educational, at times it may seem controversial. If you find this upsetting please close the tab now.
Anonymous asked: Will the U.S. dollar officially collapse on July 1, 2014 and H.R. 2847 will go into effect? Then America will be living under the imposition of martial law by the federal government? WHAT'S HAPPENING???
HR 2847 puts regulations on offshore banking tax loopholes. People who have lots of money believe that, because rich people and large companies NEED tax loopholes in order to feed their private planes…all of them will run screaming from America as soon as it’s enacted, thus destroying the entire American economy.
Actually they don’t believe this, they just want everyone to think that closing down their tax shelters will destroy the economy so we stop doing it.
The American economy does not depend on offshore tax shelters, we’re going to be fine.
Sounds like hegemony to me.