The Truth About Taxes and 401K Confiscation

A) The Truth About Taxes

Well two days ago was “Pay off your Federal Mafia” Day!  We should all give thanks to the federal “government” for the excellent service that we all enjoy including laissez faire business interactions, thriving economy, voluntary association, solid free market money, and abundant individual freedom. Then I woke up.

This scathing Stefan Molyneux video puts the mafia style theft that is taxation into perspective. People don’t pay taxes because it will fund the building of roads, bridges, and tunnels. People pay taxes because if they didn’t they would have armed thugs arrive at their doorstep and threaten them with guns for not paying the federal mafia. Get past all the rosy thinking and see taxation for what it is; extortion and theft. Do that and you will begin to see the “government” for what it; the resident band of thieves, liars, and murderers who claim the authority to rule over every aspect of your life. This is only allowed because the sleeping giant allows it to happen. Once enough people wake up, watch out! Things will rapidly change!

 

B) The Goal is Happiness

Even though to Statists we may outwardly seem like the pessimistic negative types who incessantly criticize the status quo and those in power for the sake of being contrarians, as Voluntaryists we must always keep in mind our gentle goals and assert that peace, love, and freedom are mutually inclusive concepts. We do not simply want freedom for ourselves but also for our fellow man. Freedom is the natural state of man, unfettered and unencumbered.

Every other political message, through its use of “government” to solve our problems, is vying for the power to wield the gun and which way to point it. The Voluntaryist message is “Please put the gun down. Human civilization has evolved for millennia and has produced many beautiful and wondrous things in its wake. Why do we still adamantly cling to this ancient and outdated institution?” When we embrace the Non-Aggression principle, Property Rights, and Self-ownership with those around us we are moral and decent human beings. When we apply this to the whole of humanity we become Voluntaryists.


C) The 401K Scheme – The Government to Confiscate

Putting your hard earned currency in a 401K account is one of those oft repeated mantras that we all hear from government school teachers, family, close friends, co-workers etc. They all blindly say “You have to save for your retirement. Make your money work for you. How are you going to survive when you are 80 years and cannot work like you used to?” This presupposes four erroneous notions. The first is that taxes will be the same as how they are now; the second is that investing in wealthy hedge funds and Wall Street, of which one is most likely entirely ignorant of, will benefit the individual in any way; the third is a fundamental misunderstanding of the difference between currency and money; the fourth is that bankrupt governments are trustworthy enough to leave the retirement accounts of the people untouched.

401K

  1. As taxes and laws will always increase as is necessary to support a growing welfare/warfare State having anything be tax deferred does one no good. This is practice is not only delaying the inevitable but worsening the painful tax hit when it must be withdrawn.
  2. To give Wall Street and the SIFI banks even more of our currency to play with and gamble we are sending the message “Go ahead! Bet it! We trust you!” Does this make sense in a post 2008 bail out world? The logic is “If the poor make a mistake they must pay for it; if the wealthy lobbying special interest groups make a mistake the poor must pay for it.” The struggling middle class pay regardless.
  3. Currency must be divisible, portable, fungible, and durable. Money must be all these things as well as a store of value. That is it must increase in value with time. If you save in counterfeit confetti paper trash do not be surprised when your life savings is inflated away to worthlessness by rapacious “governments”.
  4. Your wealth is your time and your freedom! Keep it out of the financial system as much as possible! Own things that the Federal Reserve cannot print such as gold, silver, platinum, palladium, diamonds, precious stones, Bitcoin, and cash flow real estate!

Just do good things.

About Danilo

A practitioner of Eastern Healing arts with degrees in Acupuncture and Chinese medicinal herbs, I have always questioned the status quo, a path which led me to peaceful anarchism. Through my journey, I have worn many hats, that of a classical pianist, avid chess player, philosopher, comedian, and now father of two little anarchists. My wife brands me as a Cultural Critic, but I am simply following my thirst for knowledge and passion for writing.

Facebook Twitter Google+ YouTube 

http://peacefulanarchism.com/feed/podcast
Posted in Government, Voluntary Anarchy.

Leave a Reply