Krauthammer: ‘America Is Headed the Way of Cyprus’ (Video)

California taxpayers are fuming over a new $120 million retroactive tax grab on small business owners.

Fox News reported:

In December, the state’s tax authority determined that a tax break claimed over the past few years by 2,500 entrepreneurs and stockholders of California-based small businesses is no longer valid and sent out notices of payment.

“How would you feel if you made a decision, which was made four years ago, (and) you absolutely knew was legally correct and four years later a governing body came in and said, ‘no, it’s not correct, now you owe us a bunch more money. And we’re going to charge you interest on money you didn’t even know you owed’,” Brian Overstreet told Fox News from his office north of San Francisco.

On Special Report, tonight, Charles Krauthammer said, “I think we do have to revise our doomsday pronouncements. We had been saying up til now, America’s heading the way of Greece. I would say it’s headed the way of Cyprus.
Because when you start to confiscate peoples’ money retroactively, you’ve got a real problem on your hands.”

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2 thoughts on “Krauthammer: ‘America Is Headed the Way of Cyprus’ (Video)

  1. A FEW QUESTIONS
    Who’s hooked on prescription drugs?
    Who’s hooked on welfare?
    The second highest high school drop out rate in the world?
    Obese?
    Who has been UNEMPLOYED FOR 3.5 YRS?
    Who has an aging population 1 foot in the grave the other on a banana peel?
    Has reverse mortgages?
    Living in subsidized housing & a multitude of other Gov. Subsidies?
    WHO HAS 13,000 CITIZENS DIEING ANNUALLY FROM GUNFIRE BY THEIR FELLOW CITIZENS?

    WHO HAS 800 MILITARY BASES AROUND THE WORLD?
    More soldiers killing themselves then dieing in action?

    THE WAR HAS BEEN HERE THE WHOLE TIME!!!

    Where does it cost 1 MILLION DOLLARS a year per troop & theirs100,000 troops there? AFGHANISTAN

    LARGEST PRISON POPULATION IN THE WORLD?
    5% of the world population 25%
    of the worlds PRISON POPULATION

    YOUR TAX DOLLARS AT WORK
    1.25 MILLION GANG BANGERS WITH ASSAULT RIFLES ON THEIR STREETS?
    Who does all the manual labor? MEXICO
    Cup of coffee? INDIA
    Bus ride? INDIA
    TANK OF GAS? INDIA
    Hotel room? INDIA
    LIQUOOOOR STOOOORE?
    Who delivers the USA’s babies? INDIA
    Who keeps their hearts beating? INDIA
    Ever seen gang of Indian kids?
    WHO HAS THE GREATEST UNIVERSITIES IN THE WORLD? THE USA
    WHO’S IN THEM?
    WHEN THE RIOTS START HERE THERE IS NO ARMY HERE TO STOP THE RIOTS
    WHEN THE RIOTS START HERE THERE IS NO ARMY HERE TO STOP THE RIOTS
    NICE FIXER UP PROPERTY
    Hostile Citizen

    Like

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