Mexico’s ‘common man’ president pledges end to secrecy

MEXICO CITY (AP) — Mexico’s newly inaugurated president kicked off his first Monday in office with something not seen in recent history — a news conference and a pledge to hold one every working day of his six-year term to keep the people informed.
— Read on www.yahoo.com/news/mexicos-common-man-president-hits-ground-running-140213915.html

This guy seems like a leader with a style I like

Spend Now Pay Later re; Taxation

Politicians have a nasty habit of spending more of other people’s money before they get it. Then the hunt for things and people to tax starts in earnest. Sin taxes, lotteries, gambling, gas tax, vaping tax, carbon tax……….

They never consider cutting the size of government as a solution as it would chip away at their power base. Big government is self perpetuating because of crony capitalism. Everyone who gets tax relief or revenue from the government is not going to vote for a pay cut.

Now that we have fewer net taxpayers than beneficiaries, the perfect storm is here, 22 trillion dollars in federal debt. Plus the interest on it.

Chicago’s Hunt for Taxes Goes After Children Playing Games | Armstrong Economics

COMMENT: My sister lives in Chicago. She is looking to leave finally. She told me there is a 9% tax on any amusement like Netflix or PlayStation for her son. You are right. They keep finding things to tax rather than address the problem. This cannot be maintained forever. OT REPLY: This is what happens. Rather than increasing taxes, they expand things to tax. They assume they can get away with that easier than be seen as raising taxes. It is all about how it will be reported. Sony has indeed agreed to comply with Chicago’s Amusement Tax, which means that PlayStation users now have to pay an extra 9% tax on streaming and rental services, which took effect on November 14th, 2018. This latest expansion of the city’s Amusement Tax will apply to purchases such as rentals, but not full sales of games. Back in 2015, Chicago’s Department of Finance expanded the tax on events to include streaming services such as Netflix, Hulu, and Spotify. It is most likely illegal but under our legal system, the burden is on you to spend money to prove you have a right. Governments can pass a law to do anything, even kill your first born. Only if they try to enforce it then you have to take them to court and spend years to get to the Supreme Court.
— Read on www.armstrongeconomics.com/world-news/taxes/chicagos-hunt-for-taxes-goes-after-children-playing-games/

Vote with your feet folks, get out of those blue state tax hell holes.