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How to end bank slavery 3): Until utopia arrives, live below your means, pay down your debts and join a credit union.

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Oct 28, 2022·edited Oct 28, 2022

I don't believe in not paying taxes. In NZ I have had 6 yrs immunotheraphy/chemo. 2 weeks ICU a pacemaker and hundreds of thousands spent on me with 14 yrs of monthly blood tests xray CT scans etc. Etc you get the picture. I have no intention of expecting that all free hospital/doctor/nurses/specialist care. I do not believe in CEOs hiding money in family trusts. Off shore because they refuse to pay taxes, yet drive on our roads, use ALL tax payer utilities, water,internet services etc etc.

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Great article, Jared. Usury is outlawed in some countries, for good reason. In those countries, you can't charge interest, but you can directly invest in a company.

The compensation of Citibank's CEO was about 70 million a year for the 5 years leading up to the bank's insolvency in 2008. Who got to bail out Citibank? - us taxpayers. Did the CEO have to give back any of his $350 million? - of course not.

This paragraph of yours says a lot, too: "While billionaires and their extraction machines (called corporations) pay almost zero in tax, the middle class, working class, and poor are saddled with literally one hundred different types of taxes, including income tax, sales tax, land transfer tax, excise tax, and so on."

We won't solve the general problem of greed until we cripple greed with very high income taxes on the very rich. See the income tax rate calculation in the website bastilleamendment.org It's still a work in progress, but it's pretty good already. Keep in mind that the sine wave (used in the tax curve) is ubiquitous in all of natural life and shows us how to balance the forces of nature from a swing on a playground to light or sound waves.

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You write the article I always wondered about. Unless you are producing something with your hands, like growing crops or building something or writing or performing, you're probably a parasite on earnings others are making. I'm so glad you presented it in many paragraphs, saying all of that and more. It's that voice in my head that has said, over and over, "Now let me see if I understand. You want me to pay you money for you to play with my money?"

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