Income Tax
We have seen how basic hoaxes such as debt money, central banking and fractional reserve are the foundations on which an infinite debt trap is built upon. Now let’s go on with the next pieces of this puzzle to see how the banker’s privilege to create and appropriate purchasing power out of nothing can actually provide the chains to trap and enslave whole nations, whole peoples, whole worlds.
So much for just one part of the flow – that from the government to the bankers and their partners in crime. Now, how about the other part – that from the people to the government? How to bite into the flesh of people deep enough? Taxes.
A case in point: the income tax. Do you think the income tax originates from the dawn of time? You don’t know if there ever was a big bang, but if so, the income tax pre−exists it? “In the beginning was income tax”? Not at all, far from it!
Once upon a time, parts of today’s United States of America were British colonies; now they celebrate the independence day because they fought and won a war of independence against Great Britain. Guess what was the real reason? The colonies issued their own “fiat” money: paper currency without intrinsic value, directly issued and thus debt free, issued in sound ratio to the amount of the existing exchangeable goods. As a result, the colonies prospered.
In the meantime, the Bank of England was the first central bank being established. When the British central bankers found out about that prosperity and the sane local money at its root, the British government ruled that colonies were forbidden to use it and had to borrow the British Pound from the Bank of England – a debt money loaned by the British bankers – instead. The colonies replied to shove it.
By the way, this gives an idea of the importance of the monetary factor: not only the stakes were high enough to prompt central bankers to yank the leash of the British government, not only the burden of the parasitic extortion was heavy enough to prompt the colonies to raise against the British empire, but the power of the bankers was such that they succeeded in overthrowing the situation afterwards.