Dealing with the US tax system it dawned to me that the taxation is a powerful tool of control.

It's not about the money the government takes. It's about forcing the citizen to prove that he is complying with the tax laws. To open his books, his actions, and show them to the tax authority. This power that the government has is used to insure further compliance with government rule. 

 100%. It's definitely not about the money, they can create that out of thin air. It's about control. They must keep you in fear and in compliance.  

 "It's definitely not about the money, they can create that out of thin air. It's about control. They must keep you in fear and in compliance."

If you're talking about banks, 100% correct. Most countries follow neoliberal policy, where banks "print" new money every time they issue a loan.

Having outsourced this power, governments can only influence the money supply indirectly. The closest they get to "printing" new money is encouraging the central bank to lower interest rates. In the hopes this will encourage people to take out loans faster than they're being paid off, growing the money supply. If inflation is rising, they can do the opposite. That's their monetary powers in a nutshell.

If governments want to increase spending, they have to raise either taxes or public debt. So the sensible ones are raising taxes, and a lot of wealthy people are actually encouraging that. 

 ”If there is an escape, it will be used.”

- Christine Lagarde (with the mentality of a jailer... or a camp guard?)

https://m.primal.net/Lcsl.mp4  

 Oh yes she knows this shit. 
😎 

 😒 She's fucking evil.  

 Proper psychopath

But pure comedy the extent to which she takes herself seriously. Best medicine is to laugh in that slags face 

 Sad but true. 

 And this evil bitch somehow assumes that she can decide how everybody in the Euro area do with their monies? How many votes did she got? 

 Exactly the same as passengers and crew of the Titanic. 

 "Persons subject to the obligations of this paragraph benefit from a tax credit..."

What am I missing here? It doesn't sound like "locking the exits". I'm no tax lawyer btw 🤔

 

 What if it is a credit a person has to pay one day? 

 It means that they don't get double taxed on the same income. The US has the same deal. They have tax treaties with most nations such that they give you credit for the tax you paid in the other country but then "make up the difference" with their own taxation. 

For example, say you make 100k, you live in a place with 10% tax and france's tax is 50%. That's less than half the french tax level so this new law would apply to you. 

You pay 10k to your country of residence. France says you would have owed 50k had you lived in france. They give you credit for the 10k you already paid where you live and tell you to pay 40k to them (for roads, obviously).  

 BUT BRO, WE NEED THE ROADS. 

WHO ELSE COULD POSSSSSIBLY BUILD THOSE FUCKING THINGS. 

 We will all have private jets, we won't need roads 

 Yeah, bro, but at least they don’t do prima nocta anymore.

Fucking peasants… always bitching about something 

 give em an inch and they take a mile 😂 

 Norway is planning to get the exit tax based also on non-realised capital gains! Insane! 

 Yeah, we've seen how well that's going for them too. 😂 

 Seen this one? 
https://cointelegraph.com/news/governments-either-tax-ban-bitcoin-maintain-deficits-fed 

 I found this article about the tax. In good news the NFP who are proposing this change are short of a majority, and need agreement from Macronist in parliament to get it passed. Which probably makes it unlikely to be realized. But yes, more exit taxes are to be expected broadly.

https://www.connexionfrance.com/practical/what-is-exit-tax-that-frances-pm-candidate-wants-to-bring-back/674399 

 Capital is draining. They are getting more and more desperate as they try to plug the gaps

The experiment that was a combined fiscal union without a political union is going to fail

Choppy times ahead