SEISMIC TAX BOMB DROPS!
Joe Is Delusional
Do you know why the markets didn’t sell off harder after yesterday’s tax hike bombshell?
The reason is that no one believes this political theatre to be anything serious.
We live in the most competitive era in human history and the world’s fastest-growing regions have tremendous tax advantages already. If the U.S. government wants to get run over by the bullet train, they can keep talking about delusional tax hikes, which will never happen.
The United States doesn’t live in a vacuum and other regions will eat it alive, if it continues to attack its own capitalistic system with this kind of rhetoric.
We believe that this tax proposal was a negotiation tactic, where Biden wants to start so high that he could come down a lot and show how flexible and lenient he is.
We’re not taking sides; our view is financial and economic — tax hikes are better executed, when they’re gradual and well-communicated.
The biggest no-brainer, in our opinion, is to legalize cannabis, which 70% of the people support. It will put money in the treasury of individual states, will create thousands of jobs, will put America at the forefront of one of the fastest-growing sectors of the economy and will help the justice system in a massive way.
If that’s implemented, we believe that our largest position in this sector, BevCanna Enterprises (US: BVNNF), could benefit greatly.
By now, you know that we are bullish on it. We know that we’ve showed you the company from every angle and we know that you’re aware of its price, at the moment.
Keep all of these in mind!
Keep in mind that today’s price is 50% below the peak. Keep in mind that the company is scaling up towards the launch of Keef Brands, that it added new white label agreements to its cliental and that TRACE has entered Asia-Pacific this week. Keep in mind that Pure Therapy’s online platform continues to generate more revenues than ever.
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That’s it; do your own analysis on this situation.
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The Portfolio Wealth Global Team
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Governments Have Amassed ungodly Debt Piles and Have Promised Retirees Unreasonable Amounts of Entitlements, Not In Line with Income Tax Collections. The House of Cards Is Set To Be Worse than 2008! Rising Interest Rates Can Topple The Fiat Monetary Structure, Leaving Investors with Less Than Half of Their Equity Intact!
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