Germany Ready to Destroy Its Economy Tomorrow
Tomorrow, Germany’s Constitutional Court will rule on a major tax case that could devastate German business owners. There was no estate tax in Germany so businesses could pass from one generation to the next intact. That may all come to an end tomorrow.
The country’s constitutional court will decide whether families can continue to transfer companies from one generation to the next without having to pay estate tax. This will wipe out potential growth in the country’s 3 million small- and medium-sized companies that are privately owned. These companies serve as the backbone of Europe’s largest economy and such a ruling will impact more than 130,000 family businesses with 1.6 million employees are set to change hands by 2018 alone.
The greed for taxes will only get far worse. There is no common sense here about reform. We no longer need taxes at the federal level. We are watching the destruction of the global economy because these people cannot think even 1 year ahead. It is all about what they need today. God help Western Civilization.
Class Action Lawsuit Forming Against FATCA
The single worst law every passed was FATCA. The damage this single act has already had is startling. Americans are being denied business accounts everywhere outside the USA. This is contributing to the demise of the USA as the Financial Capital of the World setting the stage for the passing of that title to China.
Any Americans who have been personally harmed by FATCA can contact a lawyer mounting a Class Action Case. Send you email and we will forward it to the lawyer. Those who have been prejudiced or the children by the worldwide reach of FATCA should make contact.
Here is the timeline of FATCA. This will get much worse with time. If you have been impacted by FATCA, you should join in. This will not be filed in New York, where the case would be buried to say the least.
Send a link to anyone you know has been harmed by FATCA.
Microsoft Joined By Almost Everyone In Fight for Privacy
Microsoft has been joined by various Tech companies such as Apple, Amazon, Cisco, eBay and Verizon along with media companies such as ABC, CNN, Fox News and the Guardian, the largest business organizations, such as the US Chamber of Commerce and the National Association of Manufacturers, as well as privacy groups and leading computer scientists who have all filed legal briefs on Monday supporting them in a case against the US government it argues is “fundamental to the future of global technology”. They are challenging a government order demanding to hand over all emails held on servers at its datacenter in Dublin, Ireland. The company has lost twice in court but is challenging the order in the US court of appeals for the Second Circuit in New York. This is perhaps the most notorious pro-government court in the country. More-likely-than-not, the Second Circuit will slam Microsoft and has never really ruled against the government in the last 25 years. They will probably have to take this to the Supreme Court, but that too is a long-shot for they will only hear cases they want to listen to. So you have no right to the rule of law in the USA.