The "What is Money?" Show cover image

Here for the Truth on Money and Bitcoin with Robert Breedlove (WiM271)

The "What is Money?" Show

00:00

What Is Your Effective Tax Rate?

A slave is someone who has a 100% effective tax rate, which means that all the fruits of their labor do not belong to them. The United States doesn't pay tax to anyone else; it has a 0% effective tax rates. You can now plot a plight of modern man on that spectrum. What is your effective tax rate? That's what percentage of a slave you are.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app