Friday, September 25, 2015

Today's Tax

"Surrender of Lord Cornwallis", by John Trumbull (1920)

The American Revolutionary War was fought following the implementation of a 5% tax, without representation, from the British. The Americans saw this as a form of slavery and decided to put an end to it.

Today, we're taxed almost 50% (when we consider inflation of Fiat Money, income tax, tax on individual items etc...) Why are people okay with this?

Romans emperors figured out that when you "Entertain and feed the people you can take their freedoms away"... - isn't that what's going on with the world today?

Our focus on entertainment is allowing our government to take away our freedoms without creating an uproar. People don't understand the issue simply because they're not focused on it.

So what can I do?
Master your finances instead of having it master you. Get a better understanding of Fiat Money, inflation, the economy, Gold Standard, the various taxes of your country and get out of debt!

The more you understand it, the more you'll be interested in it. The more money in the bank you have, the more you'll want to protect it.

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