@dearthofsid @Neeneen socioeconomic inequality is a fact of life. If anything it is increased by things such as minimum wage laws.
Before taxes and welfare were such a big thing, the less privileged were empowered by private charity. In fact mandatory taxation reduces the incentive for charity.
But the crux of the problem of inequality is not taxation by the way, it’s fiat money. Check out the graphs here :
Www.Wtfhappenedin1971.com
Why Sweden Is Not a Model to Emulate
How do you get a small fortune? Well, you start with a big one, and then you make a couple of mistakes, and then you end up with a small fortune.
https://indianlibertyreport.com/why-sweden-is-not-a-model-to-emulate/
[VIDEO] Wall Street’s Role in the Russian Revolution
It is a little known fact that western bankers financed, and were the chief promoters of, the Bolshevik Revolution.
https://indianlibertyreport.com/video-wall-streets-role-in-the-russian-revolution/
(Fake) Economists Still Think That Saving Is Bad for the Economy
In a time like today, the best thing people can do is save more. We live in a time of multiple economic bubbles and non-productive sectors fueled by inflationary monetary policy.
https://indianlibertyreport.com/fake-economists-still-think-that-saving-is-bad-for-the-economy/
@Neeneen @dearthofsid Some further reading for your free time :) https://mises.org/library/anatomy-state/html/c/31
Audiobook : https://www.youtube.com/watch?v=eVEBrEjE36k
Also, PLEASE see this lecture in your free time. Given a choice we’d rather concede on taxation than on fiat money :
News from India about peace, freedom and economics
https://indianlibertyreport.com/ | Donate: http://tallyco.in/s/zm82tq/ | Telegram: http://t.me/inlibertyreport