Taxing “unrealized capital gains” sounds like a catchy and obscure way to make wealthy people pay more in taxes, but it doesn’t work.  A government that moves in this direction ignores the reality that people are not static.  The process also involves “taxing wealth” which then becomes an arbitrary definition.

Unrealized capital gains are not income, they are simply increases in value.

If your home was worth $200,000 last year and $300,000 this year, you have an unrealized capital gain of $100k.   A 15% tax bill on that value increase means the homeowner would have to pay $15,000 to the IRS.

Joe Biden is proposing to pay for his multi-trillion expansion in debt through this type of tax upon billionaires.   Treasury Secretary Janet Yellen admitted this was part of their thinking to help pay for the Biden budget last Sunday.  WATCH:

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Proposing a tax on money that does not exist is the peak of government.   Sure the proposal applies only to billionaires who have massive gains in their stock portfolios, but billionaires are not esoteric titles.  Billionaires are people who can, if needed, move their physical location and avoid any U.S. tax on their wealth.

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The goal of the leftist group who organized and coordinated the sequence of events behind Frances Haugen is becoming increasingly obvious.  Ms. Haugen first surfaced during a CBS 60-minutes episode where she promoted the idea that government needed to intervene in the Facebook censorship process because the content of speech was not being limited enough.  Ms. Haugen advocated for government intervention to enhance Big Tech censorship.

48 hours later, Haugen was testifying before congress.  That should have triggered all alarm bells that far-left political operatives were organizing an advanced censorship campaign to stop speech they deemed as detrimental to their interests.  That speech consists of any speech that does not comply with the leftist world view.   Shortly thereafter, it was discovered that Ms. Haugen is represented by the same legal group, and group of Lawfare lawyers, who supported Hillary Clinton. 

It is clear the psychologically unstable uptalker, and those behind her, have an interest in having left-wing politicians intercede in global speech to advance their ideological interests.  To further showcase this point, Ms. Haugen appeared today before the U.K. Parliament, again advocating that any speech against globalism and big government is considered extremist speech that much be blocked.  WATCH:

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In the periphery, you might notice that Barack Obama recently gave a speech in Virginia where he also talked about political opposition and “right-wing media” advocating for extremism and stirring up anger.  This follows another highly visible data point where the DOJ has instructed the FBI to consider parents who confront school board policy as extremists.

Keep in mind, this testimony and angle of attack from the political operatives is coming at the same time the U.S. House of Representatives is using the January 6th Commission to advance the same proposition; that all speech against government is considered extremist and violent.

There’s no doubt all of these different approaches are part of the EXACT same coordinated effort.  There is a larger narrative being advanced by the U.S-centered group of Chicago Marxists.   Keep a look out for innocuous things that might look different when viewed through this baseline prism.

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House Judiciary Committee Ranking Member Jim Jordan delivered opening remarks before the questioning of Attorney General Merrick Garland today.  Jim Jordan notes the Biden administration’s rush to embrace the totalitarian ideals of communism has triggered a great national awakening.

Now what the administration fears, is the pushback.  The need for control is a reaction to fear.  WATCH:

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For those who have been following politics for a while, you might have remembered something about $600 and IRS reporting from a decade ago when Obamacare was passed.

Within the 2010 Obamacare mess, “It was added that payments for goods more than $600 in a 12 month period needed to be reported as well as services. Obamacare further provided that, beginning in 2012, payments to non-tax-exempt corporations—which had previously been exempt from the reporting requirement—would be subject to information reporting.” (link)

The 2010 tax law was actually enacted, briefly, and was scheduled to take effect in the 2012 tax year.

I well remember at the time everyone was like WTF, I’ve got to fill out a 1099 any time I give $600 to a service provider or business?

Yes, the embedded law inside the Obamacare law meant that anyone who paid any person or business $600 or more for a good or service was supposed to fill out a 1099 tax filing reporting the transaction to the IRS.

The political premise of the law was so obvious, stupid and cumbersome in 2011, after Obama’s 2010 mid term election “shellacking“, one of the first acts of a new republican congress was to repeal that ridiculous segment of the law.  As it was noted at the time:

[…] “Essentially, with President Obama, signing into law H.R. 4 [2011], the reporting rules now revert back to what they were before the 2010 legislation (Obamacare and Small Business Jobs Act) was passed.  We are now back to where we were before the government started monkeying around with things in the first place.” (read more)

So, for those of you paying attention; and for those of you who realize Joe Biden is just a false front for Obama’s third term; indeed the current 2021 effort by the Treasury Department to require banking notifications to the IRS for $600 transactions looks exactly like what Obama’s team previously tried in 2010.

♦ The difference this time is they are switching the reporting requirement from the individual taxpayer to the financial institution.  THE GOAL IS THE SAME.

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People inside Southwest Airlines are speaking out carefully and pointing out why there are so many flight disruptions.   Essentially, the background issues are what were discussed earlier.  Pilots are pushing back against vaccine mandates; and if you think about the curriculum vitae of a typical pilot, it makes sense.

A big percentage of commercial airline pilots are former military pilots.  That group of people carry a strong disposition toward the principles of patriotism, service, liberty and freedom.

It is a simple truism that upsets leftists, but it makes sense for this specifically skilled workforce group to be the tip of the push back spear.

Alex Berenson provides some background details after being contacted by a Southwest pilot: “The pilot emailed following the first Southwest post today (and provided his SWA ID to prove his identity). He asked that I paraphrase the email.

Essentially, the union cannot organize or even acknowledge the sickout, because doing so would make it an illegal job action. Years ago, Southwest and its pilots had a rough negotiation, and the union would not even let the pilots internally discuss the possibility of working-to-rule (which would have slowed Southwest to a crawl).

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Lithuania was the first European nation to require vaccinations and the presentation of a COVID passport to engage in any element of society.  A Twitter user named Gluboco Lietuva  shares what it is like to live unvaccinated in a nation where showing your vaccination papers are required for everything.

Lietuva paints a very stark picture of what everyday life is really like for a family that refuses to comply with vaccine tyranny.  It is painful, but necessary to read how much life has changed.  [READ HIS STORY HERE]  Note how eerily similar his story is to the image we presented over a decade ago….

“With no Covid Pass, my wife and I are banished from society. We have no income. Banned from most shopping. Can barely exist. But we will not accept authoritarianism.

Here’s how life looks after one month in Lithuania, under Europe’s first strict, society-wide Covid Pass regime.” (continue reading)

…”And how we burned in the camps later, thinking: What would things have been like if every Security operative, when he went out at night to make an arrest, had been uncertain whether he would return alive and had to say good-bye to his family?

Or if, during periods of mass arrests, as for example in Leningrad, when they arrested a quarter of the entire city, people had not simply sat there in their lairs, paling with terror at every bang of the downstairs door and at every step on the staircase, but had understood they had nothing left to lose and had boldly set up in the downstairs hall an ambush of half a dozen people with axes, hammers, pokers, or whatever else was at hand?…

The Organs would very quickly have suffered a shortage of officers and transport and, notwithstanding all of Stalin’s thirst, the cursed machine would have ground to a halt! If…if…

We didn’t love freedom enough. And even more – we had no awareness of the real situation…. We purely and simply deserved everything that happened afterward.”

Aleksandr I. Solzhenitsyn , The Gulag Archipelago 1918–1956

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It started with a few hundred on Day One. Then Grew to several thousand on Day Two.

In preparation for Day Three of the trade union revolt, Victoria Premier Daniel Andrews promises to punish the protestors and orders thousands more riot police into the city of Melbourne to crush the rebellion.  Victorians will take their forced mRNA gene modification, or they will die trying to resist it.

Using the state media to push his warning against non-compliant citizens of the state lockdown, Premier Andrews was joined by Victorian Police Minister Lisa Neville and Police Chief Shane Patton in charge of the jackboots.   Andrews, Neville and Patton promised to use the full weight of police tactics and riot squads to crush any protest group who attempts to unlawfully assemble. [Video Below]

Laughably, the head of the local police, Jackboot Shane Patton, accuses the protesters of attempting to hide their alignment with the trade groups by purchasing yellow “hi-vis” vests from the local WalMart stores.  This, he claims, is an organized effort to make the scale of the protesting trade union appear larger than it is; and he sells this as evidence of a right-wing conspiracy to undermine the state authority.  Apparently the head of the jackboots has never heard of the “Yellow Vest” movement, which is now being duplicated in Melbourne.

Yes folks, this is the scale of psychological manipulation now being pushed against the citizens in the formerly free-range state of Victoria, Australia.  It would appear the ministry of COVID compliance do not believe their citizens have access to the internet.    The protests continue today, DAY THREE:

Livestream Links HERE – and – Livestream Links HERE

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Here it comes…. the Jab is the priority.  It has little to do with public health, and everything to do with control toward the “Build Back Better” society.

Earlier today, Jen Psaki was asked if the Biden administration was going to use regulatory agencies to push and enforce mandatory vaccinations in the workplace.  Her response was a direct, “Yes, stay tuned”.   CTH has been warning about this likelihood since December of 2020.

The continuum is following exactly as one would suspect.   Establish the fear, then start pushing the solution.  If you know the players and know the goals, then you can predict the sequence.  WATCH:

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Joe Biden is a disposable front-man for the people organizing the objective, so they don’t have to worry about political damage. The Biden term was designed for a single set of four-year rapid advancements for the Democrat Socialist agenda. The Biden poll ratings and favorability, or lack therein, do not factor into the plan of action; those issues are irrelevant.

CTH has been warning about the Chicago network behind Biden and their objective. We have accurately predicted their moves, but what we cannot determine is how the larger American electorate will respond to these encroachments.

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Apparently the internet has been turned off for people in Australia.  That is the only reasonable explanation for how their political leadership can keep claiming that vaccinated people cannot contract the COVID virus.

{Press Conference Video}.

This claim is empirically refuted by every other nation who is seeing vaccinated people contracting COVID and “some” being hospitalized regardless of their vaccine status.

On a weirdly positive note, it appears they have abandoned the regional Australian plan of “COVID-ZERO,” which was a plan to lock-down the entire nation, on a state-by-state basis, until they never had a single case of COVID and then re-open society.

They have abandoned that plan because it was abject nonsense from the outset; and reality showed the virus spreading despite their complete lock-down and quarantine protocols.  However, the latest COVID plan within the regional states is to use the enforcement of total vaccinated status before they will allow freedom.

In a press conference yesterday from Victoria, Premier Daniel Andrews proclaimed that vaccinated citizens in the state of Victoria will be allowed out of lockdown in the near future.  However, freedom as defined by access to medical treatment, the ability to work, shopping, attending events and engagement in the economy writ large, will not be permitted for any non-vaccinated citizen. Anyone who is not vaccinated will remain in locked-down isolation as enforced by the state.

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