http://www.impactlab.com/2009/03/27/watching-the-income-tax-system-implode/
March 27th, 2009 at 9:12 am
Watching The Income Tax System Implode
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Change does not happen because everyone gets together first and decides a change is going to happen. Momentum will build quickly around a single event or thought leader. When the general public senses that the end is near, an overwhelming flood of support will rapidly hasten its demise.
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I think it ends when the productive class decides to produce less. They pay less tax. And, the gooferment can’t find enough to tax.
The Chinese decide that 5T$ is too much. And, the world refuses to lend more to the American “banana republic government”.
The world decides that era of the American dollar as a reserve currency is over. And, the American Empire slides into the dustbin of history.
Tax revolt?
Even if we don’t have one here, the one overseas will be much worse.
See inflation is a tax on those foreigners holding dollars.
Gold anyone?
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Reinke Faces Life 