The old saying, I love NY, has turned into – Get Out of NY While You Can! The Number of people leaving NYC is alarming. Anyone who has pretty much seen their jobs vanish or no longer have to go to the office is leaving. I got a call from an Investment Banker I know […]

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  A Biden victory or even a continued round of uncertainty into early December may set off a serious liquidation before year-end. The risk of a significant tax increase next year under the Democrats would warn that you better take whatever capital gains you have this year. Some state like California has extended their ballot […]

Saudi Arabia has tripled its taxes from 5% to 15% on the back of this Coronavirus. This is a country now suffering from the collapse in oil demand and prices. Federal Finance Minister Olaf Scholz of the Socialists in Germany (SPD) is already advocating “solidarity” to convince the rich to turnover their assets to the […]

Mayor of Nashville, John Cooper, filed his recommended budget for the 2021 fiscal year with Metro Council. The $2.447 billion budget includes raising the city’s property tax by almost 32% to recover from the financial impact of the March tornado and the COVID-19 shutdown.

COMMENT:  Is there a tax that I can pay to stop Covid-19, or does that only work for climate change ? 🙂 KL REPLY: No worries. They got that covered. Cash is dirty now. If you touch it you will die. I am sure they are working on a virus that flourishes with gold or […]

COMMENT: Mr. Armstrong, I have worked in the Arctic Circle. They always show polar bears on ice but what they fail to tell the public is that they normally spend time on land in summer when sea ice declines and most pregnant polar bears give birth and make their dens near the coast not on […]

The US border guards have been illegally searching laptops and phones for anything that might lead to hidden money. A Federal Court in Boston has ruled warrantless searches of the phones and laptops of international travelers violates the Fourth Amendment. It is amazing that you would even have to take them to court to force […]

QUESTION: Dear MR. Armstrong, As a long time subscriber to your basic level Socrates,I’m very grateful for the guidance I’ve received.I have a question. In the hunt for taxes my Canadian government just assessed me over $80,000.00 for unreported income. I pay my taxes Mr Armstrong, the Canadian government pulled my bank records and although […]