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40
A new cryptocurrency reporting law went into effect that allows you to turn anyone into a felon : (twitter.com)
posted 1 year ago by IlhansBrother 1 year ago by IlhansBrother +41 / -1
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▲ 20 ▼
– Ahaus667 20 points 1 year ago +21 / -1

Taxation in the original form of sales and tariffs was acceptable as the purpose of government was to provide the security for said transactions and bartering was still tax free. Taxation without alternatives is theft at gunpoint.

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▲ 19 ▼
– Kaarous 19 points 1 year ago +19 / -0

Tariffs aren't taxation anyway. Sales taxes are.

The more salient point however, is if taxes are offered to fund the legitimate purview of a government or not. By far the vast majority are not.

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▲ 11 ▼
– Ahaus667 11 points 1 year ago +11 / -0

Tariffs are taxation in the sense someone ends up paying the government. Sales taxes were originally for the shipping and transport of goods between businesses while the business to consumer transactions were all bartering/ tax free. It’s inarguably true that taxation today is a means to suppress individual accumulation of wealth. It was one of the most pervasive government authoritarian policies and income tax was ruled unconstitutional originally.

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▲ 9 ▼
– Kaarous 9 points 1 year ago +9 / -0

Tariffs are an opportunity cost to hedge against the heedless import of foreign goods, since the main beneficiaries of that commerce are outside of the nation.

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▲ 8 ▼
– Ahaus667 8 points 1 year ago +8 / -0

And it still ends up with government funding, tariffs were the main source of government income for a good portion of American history

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... continue reading thread?
▲ 2 ▼
– when_we_win_remember 2 points 1 year ago +2 / -0

It’s inarguably true that taxation today is a means to suppress individual accumulation of wealth.

Yes, so the government takes the money from regular people, and they introduce the money that they create right at the top of the financial pyramid. It is undoubtedly a way to keep regular people in their place while enriching elites.

I think what people don't get is the money flows upward. It is trickle up economics, and that's what you get from usury.

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