The "What is Money?" Show Disrupting Taxes and Reigniting the American Dream with Thomas J Cryan (WiM539)
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Dec 13, 2024 
Join Thomas J Cryan, author of "Disrupting Taxes," as he dives into the complexities of taxation and its impact on the American Dream. He explores the historical evolution of tax systems, critiquing modern practices rooted in inequality. Thomas discusses innovative ideas like the Automated Banking Transaction Tax and addresses wealth disparity stemming from the Nixon Shock. He emphasizes the importance of fair taxation for individual freedom and proposes a reimagined tax structure to foster economic growth while holding government accountable.
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Taxation Definition
- Taxation is the extraction of purchasing power from free market actors by the state.
- It funds infrastructure, security, and social programs.
Constitutional Principles
- The US Constitution's primary goal is maximizing individual freedom, not wealth redistribution.
- Less government is generally better, requiring minimal extraction for essential institutions.
Taxation and Consent
- Individual freedom appears at odds with taxation's non-consensual nature.
- Taxation, when imposed without negotiation, becomes a protection racket.
