Damus
M A D E X profile picture
M A D E X
@MADEX
Death tax and income tax, are meant to force those who ought be focusing on political leadership and investing in the nation with multi-generation time horizons to instead chase an income

Those who could be leaders are instead bankers and consultants, much to our detriment

Both Britain and America were long governed so well, particularly at the local level, because those who did the leading had been there for generations, lived off their investments in the community, and had a reason to care about leading it

But death and income taxes destroyed those illiquid investments, forcing selling and asset transfers into very liquid assets that severed the connection between wealth and community, and pushed those who could and should be leading well to instead try to find high-income jobs, namely banking, law, and consulting, that suck up their time but provide the lifestyle they want

That didn't used to be the case, and the shift has been an utter disaster, as now we are ruled by [ demons ] instead of gentlemen like the Washingtons and Lees

33❤️10🤙3
M A D E X · 2w
- Will Tanner https://www.theamericantribune.news/
Milkshake Chicago · 2w
I also just learned about exit tax today....so depressing
Tommy "The Purchase" · 2w
Well, even an AnCap has to admit that if you're going to have a government anyway, it'd better be independently wealthy people bound to the land and caring about maintaining their assets for their descendants who do the governing, instead of political upstarts looking to syphon off other people's mo...