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#stealthtax — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #stealthtax, aggregated by home.social.

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  1. Taxpayers to pay £40bn due to threshold freeze, think tank says

    Well, well! The #stealthTax that hits those on ordinary incomes most - who'd have guessed it ?

    #sunak will still be paying a marginal rate of just 22% whilst those on 1/10th his income pay a higher %

    #toriesOut

    bbc.co.uk/news/business-670319

  2. @Hamishcampbell
    One of our greatest challenges with all technology is keeping it decentralised, their is a tendency to want to centralise it for supposed efficiency.

    Four examples:

    1) All our #microchips made in the Chinese province of #Taiwan, we didn't resist that hard enough.
    2) the internet via #CAGEFAM
    3) bitcoin via lightning, ppl are resisting this.
    4) the #experimentMedication patent that was not wavered and made #openSource, despite it being largely funded by a #stealthTax.

  3. @probabilitybroach
    We saw it coming in 2019, when during the #RepoCrisis, they were printing tens of billions each and every day.

    We must be super-geniuses!

    Please forgive us, but we can't afford to waste 8 mins of our life being told by a bunch of arsehats at #TheEconomists that the #stealthTax in the form of #counterfiatCurrency is actually a good thing.

    As we assume they are, anyway (we remember the debates we would win on #Fakebook with #MMT pushers, before we were #SuspiciousActivityed).

  4. @humanetech
    People wanting Fediverse adoption are motivated by greed too — for people to jump from #dotCons to an #openWeb. More people means more #networking possibilities, which means more richer experiences.

    Maybe greed is the wrong word, #lust, #companion, #community, #strength.

    Its all semantics.

    Bitcoiners arent all motivated by greed, that's like saying #AustrianSchoolEconomists are motivated by greed. They just like not-being-raped-daily-by-#stealthTax.
    @saper @onepict @pukkamustard

  5. @epilepticrabbit
    2/4

    Bitcoin ultimately limits extreme military spending (and its #consumption), because rather than feeding the #MICIMATT with the #stealthTax (ie. moneyPrinting), the govt will need to tax directly, thus will naturally limit the grift. The military complex dwarfs #bitcoin energy use. The #banking sector also uses double the energy of BTC and that is during COVID when they are not using #airTravel to rub shoulders with power every other day.

    2/4

  6. Not to sound conspiratorial, but most of the time they aim to make us sick.

    The only time they want to actually kill us is when we explain that we are of the #AustrianSchool of #economics and thus value #saving.

    #warOnSavers #centralBanks #deleteKeynesianism #banksters #bankerCrimes #inflation #stealthTax #debtSlavery #whyBitcoinCore