Tuesday, September 29, 2015

Why taxes will go higher and get worse

The U.S. politicians are going to tax everything in sight, and I’m afraid the taxes are going to get worse. 

The United States is the largest debtor nation in the history of the world. No debtor nation has ever, no nation has ever gotten like this, and the debts are going higher and higher and higher. That is a reason to own gold and silver, but it’s also a reason that they’re going to tax us as much as they can.

Jim Rogers

Warren Buffett

Nouriel Roubini