Are Americans slowly awakening to what is actually happening here?
My son is visiting us here in California from Texas and keeps asking the question, how can you afford to live here? He drew reference to registration fees on cars plus Arnold's 70% new increase on them to go into effect April 1st.
For a 2007 Honda Civic in Texas the current fees are $76.
Current registration for the same car here is $324.
April 1st the new fees in California will be $550 for the same car.
April the 1st our sales tax increases by 1% to 9.25%. I don't know what the current GST tax in Canada is plus, maybe, some others but they at least get health care coverage. By paying 9.25% sales tax in April I'm not too sure what benefits we use, if any.
Martin Armstrong has said that civilization is destroyed by the inability of all governments no matter the form they assume, to spend only what they earn. Every state in history has fallen into a debt crisis and that has always led ultimately to higher taxes. In the Byzantine Empire, the taxes became so outrageous, they forced the average person to become serfs seeking shelter and to retain a portion of their crops for protection from the state.