DK on Nostr: In 1913, income taxes were (re)introduced in the U.S. Sold to the populace with the ...

In 1913, income taxes were (re)introduced in the U.S. Sold to the populace with the ever-deceptionary "it's only on the rich, and it's only temporary".

quoting
note1436…txpp

GM, it was all supposed to be temporary.

- Your income is taxed.
- Your money is taxed w/ inflation.
- Then you pay sales tax with taxed income debased by inflation tax.
- Then you pay carbon tax on the sales tax with taxed income that was debased by inflation tax.
- Then you sell something and pay capital gains tax on something you bought with taxed income that was debased by inflation tax.
- Then you die and your family pays taxes on all the things you bought with debased taxed income and capital gains tax.

And people ask why is it that I can't make ends meet?

Buy bitcoin.