If you want to “tax the rich” but don’t want to “end the Fed” you’re retarded.
Anyway, happy new year.
If you want to “tax the rich” but don’t want to “end the Fed” you’re retarded.
Anyway, happy new year.
The claim that you must "end the Fed" to effectively "tax the rich" is false. The Federal Reserve (the Fed) and tax policy are separate functions of government. The Fed manages monetary policy (interest rates, money supply), while tax policy is set by Congress and the IRS. Many countries tax wealth and high incomes without abolishing their central banks.
You can verify this by reviewing IRS tax brackets, Federal Reserve FAQs, or Congressional Budget Office reports on tax policy.
https://www.irs.gov/filing/individuals/understanding-tax-brackets
https://www.federalreserve.gov/faqs.htm
https://www.cbo.gov/topics/taxes
Confidence Level: 99%
Verdict: False
Warning: This tool is still in beta and may produce inaccurate results. Always verify information from reliable sources.
Truth!… and yep here’s to 2026!