Mangled Thoughts

Posted by D
Medicare is just one of the many rackets run by federal, states, and local governments to justify two interrelated evils, the extortion racket called taxation and increasing coercion by regulation,both backed by threat of quasi-legal froce against citizens.But what is the force of taxation?

Richard Teather, in an rticle on `Why job-creation schemes don’t work’, points out , each $50,000 collected in taxes causes real economic losses in the order of $130,000 per annum.The loss is before the damage caused by government consumption, regulation and controls over markets and suppliers, the economic distortions caused by government consumption, the losses imposed because of governments inflating the fiat money like the $aussie dollar and additional losses due to the coerced imposition of fiat moeny and related matters such as fractional banking.

Thge figure is shocking. For a start, the so-called services governments p[rovide like schools, medicare, childcare, and other wombat freebies, cost far more than what is delivered is worth. But then add in the losses imposed by tax collected and economic distortions, and the reality is, what gots. do in the name of `national unity’ is nothing but evil in force.