RE: Unconditional Basic Income is a Pigovian Subsidy for Unpaid Work
Genial!
I upturned a thread about Taxes on the Rich a few days ago, where the figures used began in the '80, the time when taxes on the top incomes were the lowest they have been for the vast period preceding the 80's since the income tax came about not much more than 100 years ago and provided the whole enchilada which nobody dared to address and the author kept insisting that regardless of History, regardless of the Long Periods of Extremely High Taxes (90% vs the current 28%, historically the lowest was 25%) taxing people in brackets is not fair.
In this Anarchist Community uttering the word Taxes will meet you with eyerolls and rightfully so, as Taxes is exactly what everyone, anarchist or otherwise Abhors , admittedly or not. What we know of as Taxes and what we believe are Taxes are two entirely different concepts though.
All taxes that people pay, go to a Federal Account which cancels out the Interest on the National Debt. All money that is paid in taxes, as has been admitted since the 80's, goes into an account to pay the interest on the national debt. Taxes have not been what we knew as taxes for who knows how long, what's safe to say is that for as long as Government has been Begging the Federal Bank for loans it's not our government anymore and it's only a pet to the bank.
What we believe as things being funded by contributions from the Tax, what we believe Pays for All that is "Government" and what actually pays for "government" are two completely different things. One is the work that is Taxed, the net positive, and the other is a loan, which amounts to Fraud, regardless how you explain the source of the funds, which is either clearly our labor and wealth, or make believe money that directly represents Debt.
"Government" is funded by Make Believe Money, which gets created out of thin air by the request of "Government" for funds. Essentially the "government" PLEADS, like a Sheep, with the Bank to give it more.
The reason we are taxed then, we are told that this helps keep the Inflation in check. The problem with that argument is that the only thing that keeps Inflation in check is the Bank. We are paid out in Debt, promises to pay, and we extend this promises to pay whenever we spend fiat money and inflation and supply, is entirely in the control of the Bank.
What we need is to create a system of money that represents a value which cannot be hedged, this is sane, smack in the face logic, how do we do away with the Fractional Reserve Pyramid Scheme, and any and all commodity backed currencies which are at the hands of Suppliers/Producers.
The money might be make believe, but the debt is not, and our future generations will suffer because of it.
Debt to who. Why would they suffer?
To holders of treasuries and dollars as reserve currency (the fed and foreign countries ). They will suffer when the dollar crashes in value and America starts to look like Venezuela. ..
It's not a debt though, it's only fraud, and fraud has no statute of limitations. When the dollar crashes they lose all power, not us, the bankers and all who claim that we owe them shit even though they have absolutely no contract to establish any such claim of priority interest and in fact the people are what hold the priority interest in all these banks, and this is by their (bankers) own admission and words.
Think it through, who loses and what is lost, because we are dealing with fraud and IOU notes, which is why even though the dollar was poised to collapse decades ago it is kept up by the bankers because NOBODY is buying into their games anymore, so if they do crash it who do you think the pitchforks are coming for? The Politicians? the plutocracy? or the vermin that funds them? We have our facts straight and the people responsible for how the corporation (aka gov) is run are the US Trustees, and who do you think they are?
I agree with you buddy. Problem is that they will be hurting a lot of people who have savings in dollars. And that is just messed up. We're on the same side you and me. Thanks for the comments
Why would they pull the plug on the dollar. Not saying it cannot happen but these psychopaths have no chance at cohabitation if they do that, they know that should the dollar collapse because someone spilled some coffee on the keyboard where they offset the dollar circulation volume with quadrillion worth of adjustments that they better make it to the spaceships because who knows how many are coming for them. We live in interesting times and I hope these psychopaths understand that their window closed relatively recently, they have no more chance of bailouts, no more schemes, their offer to contract has been refused.
Amen! Haha