17 June 2011

Do-good politicians want a third bite off your money

Not enough that income from employment is often taxed higher than income from (often inherited) wealth and that returns on savings are taxed again, now the Nomenklatura that runs our governments - and especially the pointless Eurocracy - wants to 'direct' your investments into 'socially-desirable' activities as it becomes more and more difficult to raise the 'yield' from ever-increasing taxation to finance the ambitious goals of the do-gooders. Investment strategy has to be carefully planned to prevent the fall-out from these schemes.