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Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
The Answer to Tax Slavery

The Answer to Tax Slavery

Paperback

Investing & Finance

ISBN10: 2925369537
ISBN13: 9782925369530
Publisher: Ultimatum Editions
Published: Aug 2 2024
Pages: 100
Weight: 0.28
Height: 0.21 Width: 5.83 Depth: 8.27
Language: English
The Answer to Tax Slavery by C. Barclay-Smith is a forceful critique of taxation, public debt, and the banking system, arguing that the monetary and fiscal structure of modern governments places individuals under an expanding burden of taxation and debt. Originally published in Australia in 1940, the book traces the growth of income and sales taxation, examines the creation of credit by private banks, and argues that government borrowing increases both public debt and taxation. Barclay-Smith contends that the banking system has acquired excessive control over the creation of money and public credit, and examines its influence over governments, budgets, war finance, and economic policy. He contrasts this system with what he presents as the proper sovereign control of public credit, while warning that continued dependence on private financial interests threatens individual freedom, democratic government, and living standards. The later chapters examine government budgets and war finance and propose alternatives to conventional taxation and debt, culminating in a call for political action against what the author describes as tax slavery.

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