Thread: Top Trend # 8: Little People Squeeze

Top Trend # 8: Little People Squeeze
Cheri Van Deusen
12-22-8

"When people lose everything, and there's nothing left to lose ... they lose it." - Gerald Celente

KINGSTON, NY -- Among our TOP TRENDS 2009, The Trends Research Institute forecast an imminent onslaught of "Hassle Taxes" to be levied by governments at every level from local to federal.

Intended to make up for shortfalls in revenue brought on by the economic crisis, we predicted the taxes would "squeeze the already squeezed" while leaving the most wealthy relatively untouched.

Right on schedule, Governor David Paterson of New York proposed 130 new or sharply raised taxes on a broad range of items including: Soda pop, taxi rides, haircuts, movie tickets, music downloads. If the Paterson proposal is implemented, almost no aspect of daily life will be left untaxed.

New York is not alone ... most states are imposing "hassle taxes" and raising property and school taxes despite dramatically declining home values.

While the unfair and burdensome taxes will fail to balance budgets, they will succeed in infuriating the general public Â* to such an extent that tax revolts will break out around the country, along with incendiary displays of both civil and uncivil disobedience.

Blind to the repercussions, governments do not recognize that revolution, not prosperity, is just around the corner.

That's not all. Beyond tax revolts and civil disobedience , 2009 will be a tumultuous year. Trends foreboding and trends promising:

The Collapse of '09: Markets will tumble and major businesses will fail.

The Greatest Depression: Worse than the 1930's Depression. Why?

Revolution: What will be the spark that ignites it? Who will fire the shot heard around the world?

Obamarama: High hopes, broken promises: Some victories, major failures.

Economic Slim-Fast: Like it or not, Americans will go on a spending diet and food diet.

Bush Gardens: Lawns out, Edible Landscaping in. Why Bush Gardens?

Whole Health Healing: 2009 marks a year of "attitude change" for the on-trend health aware.

Little People Squeeze: Politicians will put the financial squeeze on the already squeezed.

Regenerative Medicine: The time is ripe for stem cells to come out of the laboratory and into the clinic.

That's Entertainment. Lifting spirits Â* and drinking them Â* will be big business and major pastimes during the Greatest Depression.

College Crash: Following the equity market meltdown, the real estate bust and the retail unraveling, comes the college crash.

To schedule an interview with Trends Research Institute Director, Gerald Celente, or for a copy of the Trends Journal's Top Trends 2009, please contact:

Cheri Van Deusen
Media Relations
The Trends Research Institute
CvanDeusen@trendsresearch.com
www.trendsresearch.com
845.876.6700 Ext. 1

http://www.rense.com/general84/top.htm

Intended to make up for shortfalls in revenue brought on by the economic crisis, we predicted the taxes would "squeeze the already squeezed" while leaving the most wealthy relatively untouched.

Right on schedule, Governor David Paterson of New York proposed 130 new or sharply raised taxes on a broad range of items including: Soda pop, taxi rides, haircuts, movie tickets, music downloads. If the Paterson proposal is implemented, almost no aspect of daily life will be left untaxed.

New York is not alone ... most states are imposing "hassle taxes" and raising property and school taxes despite dramatically declining home values.

Sickening !!!

Sickening !!! [/quote]

I'll tell you what's really sicking here in NY is that there hasn't been ONE mention of the cost of Illegal Aliens to our economy. They want to squeeze the law abiding while the law breakers still get their FREE RIDE!

I'll tell you what's really sicking here in NY is that there hasn't been ONE mention of the cost of Illegal Aliens to our economy. They want to squeeze the law abiding while the law breakers still get their FREE RIDE!

exactly ...... none of the states are addressing it.. they are throwing the problem onto the backs of the taxpayers

They are taking the easy way out by imposing taxes imo. History has shown not to raise taxes during a recession or depression. Predict many people in our country are in for a very difficult year.
~~~

States set to impose bevy of new taxes
Likely to prolong recession, critics say
Donald Lambro (Contact)
Tuesday, December 23, 2008

Governors want to levy higher taxes next year on clothes, soft drinks, gasoline, auto licenses and other items that likely will hit low- and middle-income families struggling to make ends meet in a deepening recession the hardest.

Officials say they are required by law to balance budgets and that tax increases are necessary as state governments face sharply declining tax revenues, but fiscal analysts say raising these taxes during an economic downturn will only worsen local economies and prolong the recession.

One of the most sweeping revenue packages comes out of New York, where Democratic Gov. David A. Paterson wants to raise $4 billion with 137 new or increased taxes and fees in the budget, including an 18 percent so-called "anti-obesity tax" on non-diet soft drinks. Satellite TV, cigars and professional licensing fees also are targets.


"Middle-income families do not get wage increases during a recession, but neither should the states. Families have to cut back, and so should state government. They should cut spending," said Chris Edwards, who tracks state budgets at the libertarian Cato Institute. "These states should have been retrenching after budget increases of 7 percent over the last two years, but they repeated the same mistakes they made in the late '90s, assuming the good times were going to last forever."

In its annual report on the states' fiscal conditions, the National Governors Association reported last week that "most states experienced poor fiscal conditions in 2008, with conditions for fiscal 2009 continuing to deteriorate and expected to continue to severely decline as the national recession deepens."

"Virtually all states are now in recession or at risk, and states expect continued expenditure pressures from a variety of sources, including Medicaid, employee pensions and infrastructure," the NGA report said.

But spending critics said that not enough attention was being paid by the national news media to the plight of taxpayers, whose incomes were being stretched even further by rising sales taxes and fees, and higher property taxes.

"Most reporters are covering the state budgets and thinking 'Oh, the poor states,' and no one is looking at this from the perspective of the taxpayers who are the ones whose wallets are going to be on the line," said political strategist Trent Duffy.


While states are generally holding the line on income taxes, analysts said, many are pushing tax and fee increases on products, services, licenses and businesses that most people consider necessities. Among them:

cNew York's Mr. Paterson also is proposing to end property-tax rebates and to raise state fees on motor-vehicle registration, auto insurance and state parks. He's pushing for higher tuitions at state universities and proposes to extend the sales tax to clothing and shoes under $110. He wants to raise taxes on car rentals, beer and wine, and gasoline.

www.washingtontimes.com

Originally Posted by AirborneSapper7

I'll tell you what's really sicking here in NY is that there hasn't been ONE mention of the cost of Illegal Aliens to our economy. They want to squeeze the law abiding while the law breakers still get their FREE RIDE!

exactly ...... none of the states are addressing it.. they are throwing the problem onto the backs of the taxpayers

They are breaking our backs and when they steal us blind and there is nothing left....what than? What will they do than...they will have defeated their own grand plan. We will have no more money to steal. There are no jobs. The illegals will have no choice but to go home and some of these crooks will be on street corners begging. Their evil has blinded them to the bleak future they will be creating due to their bad behavior.
The VERY sad thing is the just with the unjust will suffer. God save America!