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Gold Coin Examples Of Tyranny And Taxes

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posted on Jul, 10 2009 @ 12:54 PM
Income Taxes:

If I have a gold coin and I exchange it with a merchant for a new suit of equal value, have I made an income?

The value of my coin was evenly exchanged for the value of the new suit.

Now, if I exchange my labor for a gold coin of equal value, have I made an income?

If you say no, then how could my acceptance of a gold coin be considered income?

If you say yes, then how could the exchange of the suit for a gold coin not be considered income?

Capital gains taxes:

If I LEND my gold coin to a widget maker who then in turn is able to produce something of value which he exchanges for 3 gold coins with someone else, then gives me 2 gold coins in return to pay me back with interest, have I made an income?

I started with one gold coin, now I have two gold coins, and I didn't lift a finger or waste any of my own precious labor in the process.

Sales taxes:

I exchange a gold coin for a suit of equal value.

However now the merchant expects me to add a silver coin as sales tax ABOVE the value of the suit.

I exchange my labor for a gold coin of equal value.

However now I must work an additional amount to earn the silver coin required as tax for the suit that's really only worth a gold coin.


The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States;

No capitation, or other direct (income or sales tax), Tax shall be laid, unless in Proportion to the Census or Enumeration herein before directed to be taken

The Congress shall have power to lay and collect taxes on incomes, from whatever source derived, without apportionment among the several States, and without regard to any census or enumeration.

[edit on 10-7-2009 by mnemeth1]

posted on Jul, 10 2009 @ 08:03 PM

"Lenin is said to have declared that the best way to destroy
the capitalist system was to debauch the currency. By a
continuing process of inflation, governments can confiscate,
secretly and unobserved, an important part of the wealth of their
citizens. By this method they not only confiscate, but they
confiscate arbitrarily; and, while the process impoverishes many,
it actually enriches some. The sight of this arbitrary
rearrangement of riches strikes not only at security, but at
confidence in the equity of the existing distribution of wealth.
Those to whom the system brings windfalls, beyond their deserts
and even beyond their expectations or desires, become
'profiteers,' who are the object of the hatred of the
bourgeoisie, whom the inflationism has impoverished, not less
than of the proletariat. As the inflation proceeds and the real
value of the currency fluctuates wildly from month to month, all
permanent relations between debtors and creditors, which form the
ultimate foundation of capitalism, become so utterly disordered
as to be almost meaningless; and the process of wealth-getting
degenerates into a gamble and a lottery.
Lenin was certainly right. There is no subtler, no surer
means of overturning the existing basis of society than to
debauch the currency. The process engages all the hidden forces
of economic law on the side of destruction, and does it in a
manner which not one man in a million is able to diagnose."

John Maynard Keynes - The Economic Consequences of the Peace , 1919.

What I find humorous about this is that Keynes is the economist that the communists in charge of our economy quote as justification for looting and pillaging the working class through the Federal Reserve system today.

[edit on 10-7-2009 by mnemeth1]


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