Monday, September 21, 2009

Taxes Defined

Read the transcript of Stephi and his glorious leader's discussion on what a tax is.

A tax is any mandated payment by government that reduces my assets and spending potential. So if government causes the price of a commodity to rise then my spending potential is reduced the same as a direct tax. My wallet makes no distinct of who picked it.

Taxes are the weight of government on our backs.

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