Richard CanfieldPodcast Host and IBC Advisor, Ascendant Financial · Authorized Infinite Banking Practitioner | Author of 4 Books

Inflation: The Silent Tax Burden

30 Jan 2025 · 1 min

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Richard Canfield argues that tax hikes on the wealthy, business interventions, and pandemic spending have fueled inflation, creating a hidden tax on everyone. He warns against wealth taxes and regulations targeting real estate investors, which he sees as making the problem worse.

Chapters

When little Prince became Prime minister, all of a sudden the first thing he did was increase personal tax rates for the so called wealthy. And then they went after private businesses in 2017 and then the out of control spending with COVID and constant leaks of hey, are we going to have a wealth tax? You know, just all these things during COVID that they were testing a wealth tax and oh, you know, the modern monetary theory of economics looks like it works until it doesn't. You know, with inflation, the continued pile on and attacks on real estate, the so called flipping tax, the prohibition of deduct on short term rentals, which is one of the most ridiculous Bolses I've ever seen in my entire career.