armstrongeconomics.com
ANSWER: The trend is these people will tax and tax and then tax again.
You are precisely correct that at some point a tax revolt emerges. That
was even the American and French Revolutions before. Sometimes those in
power will get it. Ironically, republics (fake democracies) always turn
into oligarchies and are actually the worse form of government you can
create. There really are no checks and balances and as we see,
politicians go out of their way to prevent the people from actually
voting as is the case in Europe. The best form of government is actually
a benevolent dictator for they simply do what is right for the country
and do not have to answer to anyone else. It is strange indeed, Hadrian (117-138AD)
faced a tax revolt from previous emperors that had accumulated. In
119AD, he declared a tax amnesty and issued a Sesterius depicting him
burning the tax records.
We even see the reforms being taken in China as actually for the benefit
of the country rather than a political party. Each party will fight to
prevent the other for getting credit for anything. They would rather
hurt the country than let the other party gain a victory. Take the
shutdown. Obama had all the government websites turned off when it fact
it cost more money to do that than just leave them alone. He sent in
barriers to prevent people from walking in federal parks when there were
no employees at such parks to begin with as in Virginia. All of this to
make the shutdown as draconian as possible to blame the Republicans.
The same takes place in Europe and Britain is no exception.
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