KF.web3 🧱 (@kfweb3) 's Twitter Profile
KF.web3 🧱

@kfweb3

@CollaterizeHQ is shaping the future of global capital flows. 💎
Tracking market trends.
Multiple Interests Are A Superpower. 🧠

ID: 1721609017141936128

calendar_today06-11-2023 19:22:43

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🧵 THE TAXATION ILLUSION: How you're being farmed through infinite money loops? Let's play "Follow the Money" with $1,000: ➤ Seller pays income tax ➤ You pay sales tax ➤ Payment processor takes fees + pays tax ➤ Their supplier pays inventory tax ➤ You pay income

🧵 THE TAXATION ILLUSION: 

How you're being farmed through infinite money loops?

Let's play "Follow the Money" with $1,000:

➤  Seller pays income tax

➤  You pay sales tax

➤  Payment processor takes fees + pays tax

➤  Their supplier pays inventory tax

➤  You pay income