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Discussion
Then we vote for the incumbent
And a 10%+ hidden tax due to money supply inflation, property taxes on a property you’re paying interest on a mortgage for, for money that never existed, and capital gains tax on what you’ve managed to invest despite being taxed into oblivion.
If I had learned this stuff from my parents before I got pigeon holed into it, I’d likely be dead or in Guantanamo by now.
You pay capital gain taxes on the appreciation of an asset when the asset is only appreciating when taking inflation into account.
Add that all the prices are higher due to the accumulated greater salaries to cover the tax cost at every step of the chain. Plus, tarriffs, licenses, fees, and myriad of unmentioned taxes at all those levels. Not even mentioning the loss of productivity from redirecting resources to things people don't actually want. I suspect they actually steal 80-90% of people's productive capacity.
It's not 55%, it's more, because the sales tax and the property tax is paid with money that has already been taxed.
To be fair…. Everything doubled at the same rate 🥳😡😞
And if you have kids it’s even more expensive 🤪
Hey look, the West and freedom and property rights. We tax the shit out of you and you will be happy, but we also print more money out of thin air, so your money will buy almost nothing, With kind regards every government ever existed.
Now come to Europe where it's almost double that