Sunday, February 2, 2020
The entire premise of taxation is protection. It's a public transaction that's supposed to regulate and honour the man-made social instrument called money.
The man-made social instrument called money is totally transactional from beginning to end: it does not come into existence without a transaction, it does not move from party to party without a transaction, it does not sit in your bank account without a transaction. When you put your money in the bank you are not putting it into a safety deposit box; you are making a transaction. And even when there is a "crash" or a "bail out" - that too is a transaction, a transfer of wealth, ones in which one party forces the other party into being an absolute liability, when they themselves are the ones liable for the crisis.
If everything is privatized then taxes are nothing but theft, and our system of government nothing but plutocracy, and the people you vote for nothing but lapdogs to anonymous rich people.
The protection that is taxation must itself be protected. It is protected (and honoured) by government initiating the adventure of evidencing public wealth (infrastructure, health care, public bank, etc.) in resistance to private entities seeking to define wealth to their own benefit (fractional reserve lending, gold standard, rent/insurance economy, etc.)
People refer to those rich people as the go-getters, the ones who work hard, etc. That's not the case at all. They are merely people who have done the trick of defining wealth to their own benefit.
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