charles.thompson » 18 Dec 2017 10:25 pm » wrote:
I don't think you know how it works, either. The federal reserve does make a profit because it loans its 'federal reserve notes' to banks, so banks pay the federal reserve. the US then taxes its profits at close to 100%
I've never heard of a business that could be taxed at 96% and be worth bothering with.
But I guess if your business is **** currency, it could work - especially if the 96% tax on your profits was something some guy on the internet was merely mouth ****.
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