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Thread: Globalists' and NWO's Greed are our worst enemies...

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    Avalon Member East Sun's Avatar
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    Default Globalists' and NWO's Greed are our worst enemies...

    Excessive greed is the ruination of our Earth and humanity. It comes
    under the heading of "Evil at it's worst."

    It's not like we don't know who the evildoers are. Now it is obvious.
    If we had our eyes open in previous times, we were sort of shown, we
    would have seen what was there in plain sight.

    They are few, we are many, is a quote from David Ikes' talks from
    a few years ago.

    They the aforementioned, evil greed--mongers have been working
    diligently for a very long time planning our demise and they have
    succeeded, ALMOST. They used wars, religion, Govts. movies,
    books, TV and censured us ect. to keep us occupied with the
    help of the dumbed down masses.

    Can passiveness ever defeat evil? Not without a lot of help.
    Two WW's have cone and gone and Jesus did not return.
    He was an off--planet alien. He may come back, but we would be
    foolish to count on that possibility.
    (No one could blame us, if he did come back, or if he did not come back.

    The un--vaccinated seem to be the only aware people, who need to
    get together and not just wait until it's too late. In a sense it is too late
    for me as I am close to being an octogenarian. I can think and write
    at least for now anyway.

    So we really need to do what needs to be done, or humanity
    will be destroyed.

    E.S.
    Last edited by East Sun; 20th March 2022 at 18:03.
    Question Everything, always speak truth... Make the best of today, for there may not be a tomorrow!!! But, that's OK because tomorrow never comes, so we have nothing to worry about!!!

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    United States Avalon Member onawah's Avatar
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    Default Re: Globalists' and NWO's Greed are our worst enemies...

    "For the love of money is the root of all evil..."1 Timothy 6:10
    That has been running through my mind in big capital, highlighted letters lately.
    Money and the power that it can buy, the desire for which so often stems from fear.
    Each breath a gift...
    _____________

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    Default Re: Globalists' and NWO's Greed are our worst enemies...

    I live in North Central Florida. The present power company, in conjunction with various solar equipment providers is trying to get homeowners to install their equipment on our roofs with the fiction that it will cost us nothing because the government is paying for it. However, my insistence that I see what this will do to my legal rights concerning the possibility of having a lein placed on my home should the electric charges shoot up beyond my ability to pay, and other carefully hidden possibilities not to the homeowner's advantage, suddenly deprive me of my home, I demanded to see the wording of the contract in writing. Suddenly, no contract existed. The government was paying for it. Nonsense. I said my lawyer would have to vet it because what damned idiot would trust Rothschild, owner of the power company? Well, I was looking at a Dr. Charlie Ward Show video. The lady on the subject of NWO intention to own everything we have by stealing our homes from us when we could not afford the power costs which they intend to mushroom, they will take our homes in place of the charges. Since their AGENDA on the internet states their intention, it is obvious that this opens wide the DOOR TO GENOCIDE FOR US ALL. Also, we won't allow you any money for food or you have reached the age, whether healthy or not, or disabled, at which you MUST DIE. We will turn on the equipment with which we injected you which will kill you.

    Would all we sheep lay down and let these bums chop off our heads? Where are our rights and their wrongs? Time to HIT BACK.
    Last edited by amor; 21st March 2022 at 05:18. Reason: Typo.

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    United States Avalon Member onawah's Avatar
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    Default Re: Globalists' and NWO's Greed are our worst enemies...

    US TAX DAY: Taxes & the 15 Richest Americans
    April 18, 2022
    https://consortiumnews.com/2022/04/1...q16V1kXbmzqJRI


    Bill Gates in 2013 at the World Economic Forum in Davos, Switzerland. (CC BY-SA 2.0, Wikimedia Commons)
    "An unprecedented trove of leaked IRS data reveals that the very richest pay lower rates than the merely rich, ProPublica reports.

    Periodically, we get a glimpse into the financial lives of the ultrarich. A pro athlete signs a huge contract, a tech CEO sells a boatload of shares in their company, or a billionaire heir unloads a Manhattan penthouse. Based on these nuggets of information, the media speculates as to how much income the rich might bring in every year. But nobody actually knows.

    Thanks to an analysis of its unprecedented trove of IRS data, ProPublica is revealing the 15 people who reported the most U.S. income on their taxes from 2013 to 2018, along with data for the rest of the top 400.

    The analysis also shows how much they paid in federal income taxes — and it demonstrates how the American tax system, which theoretically makes the highest earners pay the highest income tax rates, fails to do so for the people at the very top of the income pyramid.

    The top 400 earners pay noticeably lower tax rates than the merely rich; and, if you include payroll taxes, a married couple making $200,000 a year could end up paying higher tax rates than a person making $200 million a year. (The full analysis is here; it includes selected names beyond the top 15.)



    Names That Won’t Surprise You

    Scan the names on the list of the top 15 income earners and you’re certain to recognize several names — or at least the names of the companies they founded. Bill Gates hasn’t been involved in the day-to-day operations of Microsoft for over a decade, yet he still earned the most during the years we studied, reporting an average yearly income of $2.85 billion — and an effective federal income tax rate of 18.4 percent.

    Steve Ballmer, his former colleague, is also a well-known public figure, both for his time as Microsoft CEO and his current ownership of the Los Angeles Clippers NBA team. Ballmer’s average annual reported income of $1.05 billion landed him in the 10th spot on the list, and his effective federal income tax rate was 14.1 percent.


    Laurene Powell Jobs, center, at a 2016 Female Founders conference in San Francisco. Jessica Livingston on left, Russlynn Ali on right. (Y Combinator, Flickr, CC BY-NC 2.0)

    The other side of the PC/Mac wars is represented here by Laurene Powell Jobs, widow of Apple founder Steve Jobs. Her average reported income of $1.57 billion ranked fifth-highest; she paid an effective tax rate of 14.8 percent. (ProPublica sought comment from everyone mentioned in this article.

    Nobody disputed the numbers cited here. Unless otherwise noted, representatives for people named in this article either declined to comment, declined to comment on the record or did not respond to requests for comment.)


    Former New York Mayor Michael Bloomberg in 2019. (Gage Skidmore, Wikimedia Commons, CC BY-SA 2.0)

    Another well-known billionaire sits just below Gates on the list: Media and tech mogul and former New York City mayor Michael Bloomberg, with an average reported income of just over $2 billion, paid an effective income tax rate of 4.1 percent, by far the lowest rate among the top 15.

    (A spokesperson told ProPublica for an earlier article that Bloomberg “pays the maximum tax rate on all federal, state, local and international taxable income as prescribed by law,” and cited Bloomberg’s philanthropic giving.)


    Jeff Bezos in 2018. (Seattle City Council, Flickr & Wikimedia Commons, CC BY 2.0)

    The presence of Amazon founder Jeff Bezos — either the first- or second-wealthiest person in America, depending on the day — won’t shock most people, but Bezos’s annual reported income during these years of $832 million put him only at number 15. He paid an effective tax rate of 23.2 percent; as we’ve previously reported, Bezos had so little income in a couple of recent years that he was able to pay $0 in federal income taxes in those periods.

    Who Are Paying Higher Rates?

    Tech billionaires dominate the top 15, but hedge fund managers account for a full third of the names on this list, and some of their incomes were just as huge. Most of them paid relatively high effective tax rates, especially compared to most of the tech sector representatives. Hedge fund managers often make their money through short-term trades, which are taxed at a much higher rate than when tech titans cash in on long-term investments.


    Kenneth Griffin in 2017. (Paul Elledge, CC BY-SA 4.0, Wikimedia Commons)

    The highest-earning hedge funder is Ken Griffin, founder of the Chicago-based firm Citadel. From 2013 to 2018, he reported an average income of nearly $1.7 billion, putting him fourth on the list. Griffin paid a tax rate of 29.2 percent during these years.

    (A spokesperson for Griffin said the tax rates in the IRS data “significantly understate” what Griffin pays, because they were lowered by charitable contributions and do not reflect local and state taxes. He also said Griffin pays foreign taxes, which aren’t included in IRS calculations of effective tax rate.)

    Israel Englander, co-founder of Millennium Management, paid at a 30.8 percent rate, while the co-founders of Two Sigma Investments, David Siegel and John Overdeck, paid tax rates of 31.6 percent and 34.2 percent, respectively.

    Some of this variation in rates reflects how people structure their businesses under tax law. Income earned by publicly traded corporations is taxed at the company level. When it’s passed on to big shareholders, such as tech billionaires, it can come in the form of dividends, which are taxed at lower rates than ordinary income.

    By contrast, the income from some manufacturing companies and hedge funds flows directly to company owners, who pay taxes on it, resulting in higher effective tax rates on average.

    Where Are the Heirs?

    Lists of the world’s wealthiest individuals are always heavily populated by heirs, ranging from descendants of old money to scions of more recently minted fortunes. Dozens of heirs made ProPublica’s list of 400 biggest income earners. Descendants and relatives of Sam Walton, founder of Walmart, claim 11 spots.

    The DeVos family, heirs to the Amway fortune, also have multiple members in the top 400. Perhaps the best known is Betsy DeVos, who served as U.S. secretary of education during the Donald Trump administration. With a reported annual income of $112 million, she was the 389th-highest earner in this period.


    Betsy DeVos in 2017, while U.S. secretary of education, speaking at the Conservative Political Action Conference in National Harbor, Maryland. (Gage Skidmore, CC BY-SA 2.0, Wikimedia Comm

    Much like the tech titans who top the list, most of these heirs get their income from dividends or long-term investments, which are taxed at a lower rate. Their effective tax rates ranged from as low as 10.6 percent for Betsy DeVos to a high of 23 percent paid by Walmart heir Tom Walton.

    Don’t Forget the Deductions

    Another key way that some top earners reduced their tax liability was to claim significant deductions, often in the form of large charitable contributions. This is particularly true for wealthy investors who are able to make their donations with shares of stock. Thanks to a generous provision of the tax code, they can then deduct the full value of the stock at its current price — without having to first sell it and pay capital gains tax.

    Michael Bloomberg achieved a tax rate of 4.1 percent from 2013 to 2018 by taking annual deductions of more than $1 billion, mostly through charitable contributions. From 2013 to 2017, he also wrote off an average of $400 million each year from what he’d paid in state and local taxes. The 2018 tax overhaul limited that deduction to $10,000 — but also introduced a huge new deduction for pass-through companies that Bloomberg benefited from.

    Celebrities?

    The earnings of actors, musicians and sports stars are a subject of nonstop scrutiny in the media, yet few celebrities cracked the list of the top 400 earners, which would have required them to report annual incomes of at least $110 million.

    ProPublica’s trove has data on many celebrities. One who came close to the top 400 is basketball superstar LeBron James, who averaged $96 million a year in reported income. Grammy-winning singer Taylor Swift also came within reach of the top 400, averaging $82 million in reported income during these years. Actor George Clooney would have had to double his average income of $55 million to crack the top 400.

    Here are the details on the top 15 income earners. Read the full analysis of the top 400 here.

    For the full list of America’s top 400 income earners and their tax rates, along with our methodology, click here.https://projects.propublica.org/amer...axes-revealed/

    Each breath a gift...
    _____________

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