Why Tax is a Scam & What The Government Could Do Instead

Almost everything you've been told about tax and how the government are spending your money is a massive lie. The current tax system is theft. The current tax system is one massive scam. So I'm now going to reveal the huge tax system scam. I'm going to reveal how the taxes that you're paying are a huge cover up. You have been led to believe that your taxes are fair and they're not as high as they were in the 1970s. There are so many different types of taxes. There are stealth taxes, covered up taxes, hidden taxes. There are taxes that are renamed to con you into thinking that they're not a tax. And I'm going to expose nearly every single one. I am angry. I am angry for you. I am angry at the government. There's too many politicians, they're earning too much money. They're giving their friends too many backhanders and they're charging too many taxes. If this keeps going on, the good people, the people who provide jobs and services and earn money in this country, they're all going to leave. I'm going to expose the big fat tax scam and the unknown government money secrets. Gold is predicted to go up to $3,000 an ounce by bank of America. That's a 50% increase in a very short time. Gold and silver have gone through the roof recently with all this news of an impending recession, depression or crash. I'm also very excited to announce a brand new and long term partnership with Direct Bullion. This is not an ad or an affiliate link, this is a long term partnership. The owner of Direct Bullion has actually been a fan of my show for many years and myself and Nigel Farage have become the ambassadors for Direct Bullion. If you go to robmore.directbullion.com you can get the very best spot or under prices on silver and gold. You can learn about how to invest in silver and gold from the people who I buy gold from and who mentor me on on my silver and gold investing. You can also buy gold and silver in your pension, which is something that a lot of people don't know about. So to save me answering the thousands of questions I get about investing in silver and gold, Simply go to robmore.directbullion.com Right now we have a banking crisis, a potential global recession, billionaires selling all of their assets to be liquid to cash in on the crash, banks going bust and taxes going up. If you'd like to learn how to cash in on the crash and not just survive, but thrive in challenging times. I invite you to join us at the Money Maker Summit Live. The link is robmore Live Money. I'm subsidizing a small number of tickets from my Rob Moore foundation or for a very small upgrade fee you can get special VIP tickets where you meet me personally. You you'll get your book signed, there's a VIP dinner with six multimillionaires, there's champagne reception Q&As with three or four panel millionaires and bonus money mindset sessions as well as the special three days on getting your tax bill down, your income streams up, my eight stages of building wealth, my formula for riches and much more content at robmore Live Money. The agenda, the details, the dates and the speakers are all at the link robmore Live Money now before I detail all the taxes you pay and you're going to be shocked, I have taken every care to research in detail every single tax you pay. I've probably missed some. If there are any taxes you feel I've missed, please add them in the comments. So you wake up and you turn on your taxed TV and a TV license will currently cost you £159 a year. The average household spends £444 a year on subscriptions of which you will be taxed. Then you sit down for breakfast of which you pay VAT on. Then you get dressed for work in your work clothes which are required for work which you also pay VAT on for food and clothing. You're paying between 5 and 20% value added tax. Then you leave your house to go to work which is of course heavily taxed not just once but twice between a quarter of a million and nearly a million pound house. Your stamp duty is 5%. That could be 45,000 pound tax on the house that you buy. If you buy a million pound house that's a 10% stamp duty tax, 100 grand on every million and if that's not enough the council want tax off you for the privilege of living in that house you'll pay £4,029 a year in in council tax. Then you get in your car to this recent budget should warn you that your pension is not safe and secure and they're coming for your inheritance. Do you even know how much is in your pension or where your pension is invested? Add to this the recent inheritance tax grab on your pensions and the risk of a market crash. You probably didn't know this and I didn't until recently, but physical gold can be added to your pension. Pot gold is inheritance tax Free and has grown 700% in the last 20 years. Years. You probably know from my content I'm investing heavily in silver and gold and that's why I've partnered with Direct Bullion. Myself and Nigel Farage are brand ambassadors and direct bullion can help you with gold to protect and grow your pension. I buy my gold and silver from Direct Bullion and I don't earn any money on any purchases of gold or silver if you buy direct from Direct Bullion. So if you go to robmore.directbullion.com you can get a great price on your silver and gold and you can get the Pension Gold Investing guide completely for free. As you know, I don't do many strategic partnerships and when I do, I do them with people who are credible, who've been doing it a long time, who invest in things that I invest into. And gold and silver's going wild. I'm investing heavily in gold and silver and I recommend you check out robmore.directbullion.com go to work and your car is taxed every which way. Now, most people only think of the vehicle tax or the road tax. This is up to £2,365 a year and they'll whack a one off fee of £2,000. But did you know this 20% V80 added onto the purchase price of your car, that's £4,000 for every £20,000 of car. Then let's say you wanted to buy a car through a company. Oh no, no, you can't do that. You'll get hit with benefit in kind tax, which could be up to £10,000 a year on a luxury car. And then there's fuel. Fuel is currently a flat rate tax, it's about 40%. And then they add the 20% VAT on top of that 40%. And let's say you want to drive to a nice city like London, you'll be paying congestion charges, toll charges and new emissions taxes. So now you arrive to work for some light relief. You get absolutely hammered in tax for working. So as an employee you pay between 20 and 45% income tax. On top of that you pay national insurance tax of another 13.8%. That's nearly half your income in tax. You're working half your working week for the government. So. So maybe you want to set up your own company to avoid some of these taxes. No chance. You get battered. There's corporation tax going up to 25%. There's dividend tax at 38.1%. Income tax top bracket 45% national insurance for the employer as well as the employee 13.8% pension contributions of at least 3% and our business rates for this building are 62 grand a year. If you want to import or export, there's freight, Customs duty and VAT. 1, 2, 3, 4. Don't think it stops there. I have conversations with many entrepreneurs and most people see their corporation tax, their income or dividend tax and they think they're paying around 50%. They are very wrong. You need to wise up. I would argue you are paying minimum 70% of your earned income and your spent income in tax and I'm sorry but it gets worse. Are you ready? This recent budget should warn you that your pension is not safe and secure and they're coming for your inheritance. Do you even know how much is in your pension or where your pension is invested? Add to this the recent inheritance tax grab on your pensions and the risk of a market crash. You probably didn't know this and I didn't until recently, but physical gold can be added to your pension pot. Gold is inheritance tax free and has grown 700% in the last 20 years. You probably know from my content I'm investing heavily in silver and gold and that's why I've partnered with direct bullion. Myself and Nigel Farage are brand ambassadors and direct bullion can help you with gold to protect and grow your pension. I buy my gold and silver from direct bullion and I don't earn any money on any purchases of gold, gold or silver if you buy direct from Direct bullion. So if you go to robmore.directbullion.com you can get a great price on your silver and gold and you can get the Pension Gold Investing guide completely for free. As you know, I don't do many strategic partnerships and when I do I do them with people who are credible, who've been doing it a long time, who invest in things that I invest into and gold and silver's going wild. I'm investing heavily in gold and silver. I I recommend you check out robmore.directbullion.com there's landfill tax, Climate Change Levy Tax, Aggregates Tax, Music License Tax, Airport Improvement Tax, Airport Maintenance Tax, Airport Passenger Tax and Airport Departure tax. There's Building Permit Tax, Goods and Services tax, Environmental Tax, Fishing License Tax, Tax, Gross Receipts Tax, Health Tax, Luxury Tax, there's Marriage License Tax, Medicare Tax, Retail Sales Tax, School Tax, Water Tax, Workers Compensation Tax, and Carbon fucking tax. Now let's say you're a bit stressed from all of this and you want to relax. Beer, wines, spirits, cigarettes and gambling can be up to two thirds of the amount you spend on on tax. There's over 80% tax on cigarettes and now there's up to 24 pence a litre sugar tax. You just can't get away from it. But let's say you want to get away from it, you want to go on a little holiday. One, your holiday pay that you get from your employer is taxed at the same rate as your income. Two, there's Air Passenger Duty from between £13 and £180 per flight. Three, there's tourist taxes for many countries and four, for hotel rooms, you can pay up to 30% of the cost of the room in tax. So maybe this makes you feel like you need to sell some of your stuff to recoup the money. Well, good luck with that because any assets you own, you'll get charged between 10 and 20% capital gains tax. Oh, and before you think about it, don't even think about dying. You want to die, you're going to pay 40% inheritance tax when you die. But look, don't worry, because all these taxes you're paying, they're going into health care and education. Except the NNHS in the UK is absolutely run to the ground. You can't get an appointment for years, it's completely underfunded and screwed. And many of the schools in the UK are so bad that you have to pay for your kids to go to private school to keep them out of the school. So let me ask you this, where's all our money going? Covid pause. Brexit. Politicians, staff parties, second trace ups, second homes. You think it stops there? You are gravely mistaken. The UK government diverted funds from the National Lottery for public spending. The government have imposed multiple tax freezes which are essentially stealth taxes. Massive inflation at a 30 year high is reducing your spending power. Massive quantitative easing the government eroding their debt is further reducing your spending power. Your spending power is at a 50 year low. But the rich are getting richer. Do you know that our grand nation was one of the most prosperous nations in the entire world? Do you know we had absolutely no national debt? We had a large middle class, we had a vast manufacturing base and mum could stay at home and raise the kids. We also have new taxes in the form of banking charges. So tell me, what has happened over the last hundred years and even more importantly, where does this go? We know the government are in massive national debt. We know they need billions for wars and pandemics and how does this situation change? I ask you government, to find another way to generate the revenue you need. Because you only know one way and that is to tax on tax on tax. But too much tax reduces productivity. It creates apathy. And in the end, all your valuable contributors in this country, they will leave. But there is another way to generate revenue. This is what we as entrepreneurs have to do. As a government, you can trade insolvently, you can build billions of national debt and continue to trade. As entrepreneurs, we can't. That's illegal. So as entrepreneurs, we have to create value, we have to produce, we have to increase economy. So I say to you, government, work with entrepreneurs. Help us create jobs. Give us subsidies and tax breaks and support so we can grow our enterprise, so we can hire more people, so you can generate more volume of tax. Reduce the amount of tax you're taking off us because it's becoming theft. Help us increase the volume of revenue, help us increase the overall economy and you can have your fair share of that. No one should be paying more than a third of their income and spending in tax. A third is fair, two thirds is unfair. It's theft. You tax us in. Inflation is high, interest rates are low, quantitative easing is high, cost of living is going up and up and up. We're getting hit every which way. Something has to change. How do you think our governments should change the way they spend our money and change the way they tax? Let me know in the comments. Let's get a debate going. And remember this, if you don't risk anything, you risk everything. This episode was brought to you by Disruptive Media, helping bold entrepreneurs stand out through podcasting, video and social content. Visit disruptive media.co.uk to learn more. This episode was brought to you by Disruptive Media, helping bold entrepreneurs stand out through podcasting, video and social content. Visit disruptive media.co.uk to learn more. It.