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20. Taking Back Taxation
4 days ago
27
This is Ch. 20 of How to Dismantle an Empire, from the final section, The Community Cash Cow. It starts with the 1913 Sixteenth Amendment that gave the power of direct taxation to the 'Federal' gov't. From Eric Laursen's tome, The People's Pension, it examines the history and brilliant design of Social Security. And it explains how we could use platinum coin seigniorage to replace the Trust Fund with non-debt money that could capitalize Commonwealth Reserve Banks where local credit and savings were backed by the mortgages.
Third Paradigm on Substack: https://thirdparadigm.substack.com/
How to Dismantle an Empire: https://www.amazon.com/How-Dismantle-Empire-2020-Vision/dp/1733347607
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