2min chapter

The "What is Money?" Show cover image

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

The "What is Money?" Show

CHAPTER

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.

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