The Devouring Nature of Taxation

The nature of taxation is often overlooked.  It’s just absurd to pretend that taxation adds to the national wealth.  It consumes part of the wealth.  It subtracts from national wealth.  It’s the transfer of part of the nation’s wealth from one group to another.  It’s a burden imposed on the taxed individuals.  It must be understood that taxation devours wealth.  Far from the fairy tale we are told about it leading to growth.

Some will take a tremendous leap in logic to say that taxes are voluntary.  Those who claim this are welcome to stop paying taxes and see what happens.  They’ll realize taxes are coercive.  They are a coercive transfer of wealth.  It’s always wealth.  They don’t collect garbage to pay taxes.  They coercively appropriate valuable assets.  Due to the fact that taxes always consist of value, the taxed subject’s income is thereby reduced. 

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