California just engaged in a claw back confiscation of small business owners - for REAL
We are shocked. California offered a small business tax break during the last 4 years. Now they are saying the program is no longer offered, and they want back the last 4 years of tax break assistance paid in full with interest. This is no b.s. it is unbelievable.
We are not kidding. The case for gold and silver gets stronger by ythe day!
Maybe claw back the spiked final yearbased state pensions ( unused vacation + unused sick days = OT in final year) = 6 figure pensions for 30+ years on a 5 figure base salery.
Retire at 50, line to 90 = 40yrs*120k/ year vs $1200/ mo on SS at age 67
Man, I was having some supper watching the TV, Fox News was on with Brett Baeir. I thought it was a joke to lead into a segment on budget woes. Nope. They had angry California businessmen on the TV telling everyone what CA was doing. CA is using this claw back to try and raise 120 million. Jerry Brown said the small business owners can appeal the ruling, so that he can see how many business owners complain.
I am trying to figure out how to get this story out to Bloomberg and CNBC so that they can tie it into Cyprus. Gold is a fickle metal. Once attitude rebounds on it, it goes steadily higher.