: What this gentleman is saying,along with his graphs is done
: for the layman.Very interesting, made me think about
: natural resources being hoarded to raise prices also.He is
: so right about Hoarding and Society....
Tax in society is almost exclusively removed from Circulating Money. Hoarded Money is almost completely untaxed. Most taxation creates a downward pressure on Circulating Money. Hoarded Money tends to be held by ‘persons-with-more-money-than-they-can-spend’. These people are adept at acquiring and holding money. They operate in a highly competitive manner to maximise their hoard. Collectively, they manage to get the taxation system adjusted so that they pay no tax on their hoards. To this end, they usually manage to eliminate:
Wealth Taxes.
Death Taxes.
Inheritance Taxes.
Land Taxes.
Financial Transaction Taxes.
Taxes on sales and purchase of investments. This includes Financial Transaction Taxes. This enables them to move their money around frequently and in big volumes without the Sales Taxes that ordinary citizens pay when they purchase items. A gold coloured carpet has Sales Tax, but a gold bar has no tax. A car has Sales Tax, but a share in a car company has no tax.
https://exploringrealhistory.blogspot.com/2019/07/part-2hoarded-money-has-no-valuethe.html
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