David Schweikert Leads Joint Economic Committee Hearing About The US Fiscal Situation

The Senate and House Joint Economic Committee held a hearing about the United States' fiscal situation.
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[@user-df9rw6mz2x]

Holling out the us treasury to help everyone but America.

[@crystaldemons207]

You cant even increase gift tax because they will just keep redistributing gift tax in larger and larger amounts to self interested parties.

[@crystaldemons207]

So what i heard from that is beneficiary trust dividend stays in the USA but the umbrella trust these trustees designate for their own profit and racketeering they want to move offshore to protect their embezzlement after serially abusing our trusts.

[@blisstickmystic]

Yeah banks are spoiled

[@crystaldemons207]

If trustees are allowed to profit from irrevocable trusts..goes to show why your all working so hard to cover crap up! These arent fees your contesting or tax!

[@crystaldemons207]

You could give a million in gift tax and they will just created a new template for the same problems they created in the first place and wind up right where they are faster. They would take the million amd invest it again making another umbrella of profit and racketeering.