Thread
🚨BUKELE: TAXES CREATE THE ILLUSION YOU ARE FUNDING THE GOVERNMENT
“The real problem is not the high taxes themselves, but the fact they are not even really funding the government.
The government is financed by Treasury bonds - and who buys the treasury bonds, mostly the Fed - and how does the Fed buy them, by printing money.
So basically, you finance the government by printing money out of thin air.
If the government can print the limited amounts of money, why would they need taxes?
You pay high taxes only to uphold the illusion that you are funding the government, which you are not.”
Source: @nayibbukele, @BitcoinNewsCom
Replies (6)
A leader of a nation who perfectly understands the broken system and wants to fix it. Refreshing.
He might have been a bitcoiner before becoming a politician 🤷🏻♂️
The real taxation occurs with the depreciation of the fiat currency, which dispraportionately hurts the lower middle class, who are trying to make ends meet on a daily basis. So the system is regressive. The people who have savings assets like equitìes, real estate, gold, and crypto, can offset this somewhat, although they can still suffer from creeping tax brackets, higher insurance premiums, etc. So basically, it is fiat slavery.
An honest leader. Refreshing
Bit too easy. It depends on the country how much taxes are used for actual gov spending. Some have quite a high ratio.
He seems to only be talking about the WARshington world reserve Fedcoin system.
On that Animal Farm, income #taxes clearly were created to control the livestock by terrorising them through their #IRS, no matter where in the world they stay.
