Why Taxing The Rich Is NOT The Answer To Our Economic Problems

Many believe that we can make up for the financial deficits in our economy by applying higher taxes to the wealthy. But as Rob explains in this episode, that is not the answer to our financial woes, and in fact might even prove even more detrimental...

KEY TAKEAWAYS

The people in control of the tax systems don't necessarily have your best interests at heart. The systems don't work for people like us.
Levies on goods and services and subsidies that contribute towards production - this has never changed across the centuries. Governments need money to add to the infrastructure.
Politicians are not there to look after their people. they are simply there to inefficiently distribute funds so as to secure more funds.

BEST MOMENTS

'You've got to think about the people making the taxes'

'This isn't a tax lesson - this isn't what this is about'

'You need money to win wars'

ABOUT THE HOST

Rob Smallbone the host of The Property Nomads Podcast, is on a global mission to guide your success. Success can happen in many ways, shapes, and forms. Think about what success means to you. More properties? More clients? Financial freedom? Time freedom?

Rob wants to make a huge difference to people around the world. He is here to guide your success in property, business, and life and to inspire you to achieve your goals, dreams, and visions. He's travelled, explored, and invested. And he's not planning on stopping these activities anytime soon.

Buckle up, sit tight, and enjoy the ride that is life.

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