I think the effective tax rate on productive people is probably north of 90 percent when you include Federal, state, city, sales, capital gains (which has already been income taxed) and property tax (property that was bought with after-tax dollars.)
Then you factor in the inflation (debasement) tax (2-10 percent, depending on how you measure it) and also the (38T!) national debt for which you are on the hook in terms of future inflation.
Basically, I think it’s probably the case that 90 percent of the nation’s productive capacity is flat out stolen and redistributed via government programs and NGOs to allies of the regime.
Chris Liss
npub1dt…4hgu0
2025-12-09 12:34:42 UTC
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npub1dtf79g6grzc48jqlfrzc7389rx08kn7gm03hsy9qqrww8jgtwaqq64hgu0Seen on
wss://btc.klendazu.comPublished at
2025-12-09 12:34:42 UTCEvent JSON
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