Simply Bitcoin HIDDEN TAX TRAP EXPOSED | Why Bitcoin Is the ONLY Escape! | Beyond Bitcoin
Aug 25, 2025
The podcast dives into the taxing reality of modern finances, discussing how taxes and inflation drain your wealth at every turn. It unveils the hidden costs of capital gains taxes and inflation that can sneak up on you. The conversation highlights the corruption within traditional financial systems and the rising hope Bitcoin offers as a means of financial liberation. Ultimately, it positions Bitcoin as a way to escape restrictive financial regulations and achieve true economic freedom.
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Every Stage Faces Extraction
- The system extracts value at every financial stage: earning, receiving, spending, investing, and saving.
- This pervasive extraction functions as a built-in tollbooth controlled by the state.
Government Hides True Policy Costs
- Governments routinely fund major policies by means other than transparent taxation.
- Avoiding full tax financing conceals the true cost of policies like war from voters.
Payroll Taxes Bite First
- Payroll taxes remove income before paychecks even arrive, with Social Security and Medicare totaling about 15.3%.
- Payroll taxes supplied roughly $1.6 trillion in 2023 and ~36% of federal revenue.