This is great.
This is great.
So close, yet so far...
So close, yet so far...
Taxes by definition, under a fractional reserve banking system, is a form of wealth redistribution. It has nothing to do with raising money for the government to actually use, since the government can print/borrow all of the currency it needs (a hidden tax that devalues everyone else currency, but allows the government to purchase goods for cheap before the increase in money supply can affect the rate of inflation). Taxes, thus, are used to punish enemies of the state/ruling class and help their friends. Why do you think the tax code is so long and cryptic? It's filled with laws to help cronies and punish enemies. It's also used to redistribute wealth from the savings of the hardworking and well-to-do, to the frivolous poor. Don't want any competition rising through the ranks and growing their wealth, do we?
https://www.youtube.com/watch?v=dsqGR31zoVA&list=FLIEzYv_b5Z1LtaQ7FS4z_mA&index=2&t=2096s
Skip ahead to 18:20
Taxes by definition, under a fractional reserve banking system, is a form of wealth redistribution. It has nothing to do with raising money for the government to actually use, since the government can print/borrow all of the currency it needs (a hidden tax that devalues everyone else currency, but allows the government to purchase goods for cheap before the increase in money supply can affect the rate of inflation). Taxes, thus, are used to punish enemies of the state/ruling class and help their friends. Why do you think the tax code is so long and cryptic? It's filled with laws to help cronies and punish enemies. It's also used to redistribute wealth from the savings of the hardworking and well-to-do, to the frivolous poor. Don't want any competition rising through the ranks and growing their wealth, do we?
https://www.youtube.com/watch?v=dsqGR31zoVA&list=FLIEzYv_b5Z1LtaQ7FS4z_mA&index=2&t=2096s
Skip ahead to 18:20
(post is archived)