RE: Unconditional Basic Income is a Pigovian Subsidy for Unpaid Work

Genial!

I upturned a thread about Taxes on the Rich a few days ago, where the figures used began in the '80, the time when taxes on the top incomes were the lowest they have been for the vast period preceding the 80's since the income tax came about not much more than 100 years ago and provided the whole enchilada which nobody dared to address and the author kept insisting that regardless of History, regardless of the Long Periods of Extremely High Taxes (90% vs the current 28%, historically the lowest was 25%) taxing people in brackets is not fair.

In this Anarchist Community uttering the word Taxes will meet you with eyerolls and rightfully so, as Taxes is exactly what everyone, anarchist or otherwise Abhors , admittedly or not. What we know of as Taxes and what we believe are Taxes are two entirely different concepts though.

All taxes that people pay, go to a Federal Account which cancels out the Interest on the National Debt. All money that is paid in taxes, as has been admitted since the 80's, goes into an account to pay the interest on the national debt. Taxes have not been what we knew as taxes for who knows how long, what's safe to say is that for as long as Government has been Begging the Federal Bank for loans it's not our government anymore and it's only a pet to the bank.

What we believe as things being funded by contributions from the Tax, what we believe Pays for All that is "Government" and what actually pays for "government" are two completely different things. One is the work that is Taxed, the net positive, and the other is a loan, which amounts to Fraud, regardless how you explain the source of the funds, which is either clearly our labor and wealth, or make believe money that directly represents Debt.

"Government" is funded by Make Believe Money, which gets created out of thin air by the request of "Government" for funds. Essentially the "government" PLEADS, like a Sheep, with the Bank to give it more.
The reason we are taxed then, we are told that this helps keep the Inflation in check. The problem with that argument is that the only thing that keeps Inflation in check is the Bank. We are paid out in Debt, promises to pay, and we extend this promises to pay whenever we spend fiat money and inflation and supply, is entirely in the control of the Bank.

What we need is to create a system of money that represents a value which cannot be hedged, this is sane, smack in the face logic, how do we do away with the Fractional Reserve Pyramid Scheme, and any and all commodity backed currencies which are at the hands of Suppliers/Producers.