The tax on everything

If you're not angry enough, read this.

We're told the colonists went to war over a 3% tax on tea. This isn't quite true. But there isn't a lot of profit in selling tea. It's a commodity. To re-sell it in the colonies, you've got labor costs and sales commissions for wholesalers, retailers, al the way down the line to the end consumer who just wants a hot cup of tea.

Imposing a 3% tax is equal to taking 50% of the profits. Same thing the credit card companies do when they charge 2.9% for transactions, and what the Federal Reserve does when you feel the hit of 3% annual inflation, or when the government at the federal, state, and local level takes a combined 50% of your paycheck (if you're not careful.)

All these 3% taxes and 9% sales taxes are about a 50% tax. And they're proliferating.

When AOC wants to impose a 70% tax in New York, it's a tax on the gains. Imagine if it were a tax on the gross.

God imposes three taxes on the gross increase of your fields to help prevent the globo-homo commie runts from running wild and stealing a piece of everything you do. And if you paid it, you'd have more.

You wouldn't be paying out of your sales, but out of your inventory. 30% of the increase of the land. Ten percent for the food stores, ten for the priests, and ten for the poor, in addition to leaving the corners of your fields un-harvested for the stranger, the poor, the orphan, the widow, the fatherless, among whom you'll always find the army of the Apocalypse sent to liberate you.... if you obey.

Otherwise you'll pay sales tax when you spend, income tax when you earn, annual land tax each year (rent) when you buy property, a death tax when you die, a credit card tax when you accept credit cards or any other form of online payment, phone taxes when use your landline or cell phone, when you pay each and every bill each month.

When the governmnet imposes extremely high, 25% tarriffs on imported cars from Japan and Germany, they're protecting the American manufacturers who export the factories to Mexico.

25% is almost ten times higher than the tax on tea. A company like Mercedes Benz is forced to break up its products for re-assembly inside the US, just to artificially create jobs for American workers. Why?

Because hiring American workers is cheaper than paying the 25% tax. American buyers get an inferior product while Germans drive the best-built Mercedes cars.

But why do Americans buy these cars? Because the car is worth more to them than the money they're spending. A car may be worth five, ten, or twenty times as much as the dollars it costs to buy it. Gets you to work, gives you comfort, luxury, access to the good life for you, family, even clients. It might be a business investment. But when it's assembled in "America" (by illegals), you've very probably probably got a leaky, moldy, rattling Mercedes "built in America" that stinks, wobbles, leaks, and falls apart.

With a protectionist limit on the number of cars Japan was allowed to export to the US, Lexus (a Toyota company) instead conquered the luxury car market.

And when it faced import taxes and moved production to the US to create jobs, more of its parts and assembly is done in America than the "American" companies. These days, a Toyota is more American than a Ford pickup. Yet again, a vehicle built in south Texas is a Mexican-built American-Japanese car or truck.

And you have to pay taxes when you buy it, interest to the (((bankers))) when you borrow the (((Federal Reserve Note system's money))) to pay for it.

It seems to me like being a lender gives you an awful lot of control over the countries where you operate.

And one of the things you might want to do, if you get the chance, is to become the lender yourself.

I mentioned Grant Cardone a few times recently. He ain't perfect. But one of the things he did to make more sales at the dealership after the finance office closed at night is to use his own money to finance the sale of cars himself. In his car salesman days, he sold more cars that way, earned the commissions on the sale plus interest.

He was able to serve customers who simply weren't available during regular business hours, and had no competition, because all the other dealers were closed.

He was also willing to have the cars delivered to a buyer. And he was willing to fly across the country to close sales, which meant his private jet was paid for the first year he owned it.

Since then, he's upgraded to a model with a lot more range. Not all private jets have enough fuel to cross the Atlantic, leaving most private jet owners with "range anxiety", just like electric car buyers.

Here's what he doesn't have: A jet big enough to hold his car, so he can land on the airstrip and drive off to his destination.

But if he did, what makes it possible is noticing that everything is taxed. And once you realize this, putting yourself in the position of the man collecting that tax is much more lucrative and rewarding than anything you were taught to do in school.

Taxes will always exist. Interest is a kind of tax. Inflation is a kind of tax. A sales commission is a kind of tax. The cost of labor is an expense, just like a tax, and there are ten layers of taxes on every penny you spend.

Therefore the trick is to be the one who puts himself in the postion to collect those tiny pieces of interest, "tax" and fees from every transaction, and to associate with those who understand the wisdom of doing so, so that you put your hand on the lever that moves the world.

Comments

Find a Topic