
What Is Happening In The UK? w/ Jimmy Song and Joe Carlasare
Bitcoin Magazine Podcast
00:00
The US Tax System Is Just an Absolute Disaster
The Federal Reserve Act of 1913 set in motion a whole bunch of stuff. The 16th Amendment allowed for an income tax before that it was considered illegal. If you reverse the income tax, then you destroy a large apparatus of government. You get rid of a lot of rent seekers. They have to produce something useful instead of being middle managing bureaucrat rent seekers. So both of those would be fine with me. But the thing is, neither of them will happen anytime soon.
Transcript
Play full episode