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Cavuto: This Whole Confiscation of Funds Has Already Happened in America

Brent12883 Wrote: Mar 19, 2013 12:51 PM
I am less concerned about the tax itself than I am about the continued complexity being added to our tax code. It seems to me that every year we are adding more and more to our tax code. I would suggest that virtually all tax payers who itemize are making significant errors. This is really dangerous because it means most of us could conceivably be committing crimes without knowing it.

Yesterday we learned Cyprus has closed its banks as it prepares to take 10 percent out of private bank accounts to bail itself out of bad economic decisions. Fox News host and business expert Neil Cavuto is warning this isn't simply a concept in some small, far away country, but something that has already happened in America through ObamaCare's 3.8 percent tax on home sales. And yes, it can get worse.

"Taxing you not on what you make but what you have."


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