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Why A U.S. Wealth Tax Is Needed
I find this more than disturbing:
- The average (mean) of wealth per adult in the U.S. (2025) is US$ 696,777.
- The median (half have more, half have less) of wealth per adult in the U.S. (2025) is US$ 68,998.
Interpretation: There are a small number of very, very rich people and a big mass of relatively poor ones.
This is not healthy.
The difference is, compared to other countries, extremely stark.
For France the numbers are 341,359 average to 121,898 median.
For the UK the numbers are 292,808 average to 125,335 median.
biggerSource: USB Global Wealth Report 2026 (pdf)
The U.S. will need some kind of wealth tax to level this out.
‘When President Kennedy was assassinated, why did the US not respond as Iran has done? Perhaps we were too well off; we didn’t realize what we were losing at that time.’ – juliania 189
Hi Juliana. I both read and enjoy your posts even though I don’t engage. I appreciate your knowledge of and thoughts on the lost art of Christianity.
I believe the simple answer to your question is JFK hadn’t yet gained enough control back from the Zionists.
He was working with McCone to bypass the thoroughly Zionized Jesus Angleton [some Mossad guy once remarked of Angleton ‘he’s more Jewish than us’].
The word went out right away to Bill Moyers to make sure the official story was the only one that received any attention.
This is around the time they introduced the term ‘conspiracy theory’.
Moyers was LBJ’s intellectual ‘henchman’ going back years.
They were very very close and Moyers served as a liason between Johsnon (himself thoroughly Zionized…see Mathilde Krum for starters) and JFK and thus was privvy to whatever JFK told him although JFK certainly didn’t trust him knowing how close he was to Johnson.
https://www.lbjlibrary.org/news-and-press/press-releases/bill-moyers-legacy
Kennedy despised Johnson (and vice versa) and was going to get rid of him when he won a second term.
Theirs was simply a marriage of convenience for money and votes.
Bill Garrison blamed it on the CIA:
https://www.kennedysandking.com/articles/garrison-interview-some-unauthorized-comments-on-the-state-of-the-union-may-27-1969
The CIA and other hands were certainly involved but who was at the top of the hierarchy within which everything else might ultimately be said to be contained?:
https://odysee.com/@AvaWolfe:d/MCP-Mossad-Connection-to-JFK-Conspiracy:0
This is why JFK wanted to break up the CIA and was using John McCone to do it.
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FDR also hated the Kennedys and vice versa.and Johnson was in many ways an extension of the Zionist FDR.
I was looking for a specific article that really illustrated how much FDR hated Joe Kennedy but I cannot find it.
There is a lot of information on this subject from many sources ‘on all sides’ but basically Johnson was much more in the former FDR camp which, again, was totally Zionist.
This isn’t what I was looking for but it’s from the same site and it’s a decently informative back-and-forth on the subject:
https://www.jfklibrary.org/events-and-awards/kennedy-library-forums/browse-all-forums/transcripts/dallek-on-kennedy
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JFK of course famously said ‘Ask not what your country can do you for you…’ perhaps indicating a turn from the FDR-like atmosphere.
JFK did lower the overall tax rate across the board on individuals and corps but it was still a very ‘progressive’ tax rate.
And JFK wasn’t coldly ideologically opposed to the basic welfare of the people as many are today with the rise of the universal neoliberal-neoconservative Reagan-Clintonism – which actually began under the Trilatral Carter admin.
Quite the oppsite in fact.
‘I think many Americans are feeling an economic pinch due to high prices, plus the fact that their wages have not kept pace with those prices.
John Kennedy, unlike Trump, was always sensitive to this issue.
This is why his tax cut, unlike Trump’s, was aimed at the middle and working classes.
As commentators like Tim Noah have stated, in that respect, JFK’s tax cut was Keynesian. That is, it was trying to stimulate demand by giving the mass of the public more disposable income. (The New Republic, 10/11/12)
Whereas Trump’s tax cuts, originating in 2017 and extended in 2025, proportionately favored the rich and corporations. Plus, the revenue losses were offset by those getting SNAP benefits and Medicaid. (CBS News, 7/3/26, story by Aimee Picchi and Megan Cerullo)…
…Bobby Kennedy thought it was ludicrous for the FBI to be using hundreds of agents to infiltrate the communist party in 1963. (David Talbot, Brothers, p. 7)
He would even joke about it; after all, half of their members were FBI agents.
In his book, Pragmatic Illusions, Bruce Miroff details how JFK was much more worried about the rise of the radical right than he was about any internal communist threat.
Harry Truman once said that any kind of program that benefits the public at large is somehow labeled as socialism, e.g., Social Security, Medicare and FHA Loans.
Whereas Kennedy, in championing universal health care, pointed out that the USA is the only Westernized country that did not have it.
Was JFK a communist?
Pretty wealthy one, I guess.’
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Even Nixon was ‘Keynesian’ for goodness sake!
But they watergated Nixon out of there and, once again, there is a very Zionist angle to this in that Kissinger was essentially running the show at that point because Nixon was drinking a lot and not in good shape so Kissinger was able to steer foreign policy in favor of the genocidal entity who Nixon wasn’t particularly fond of.
This was vis-a-vis the ‘yom kippur war’ – yom kippur of course being the holiest jewish holiday.
Anyway, sorry for the long-winded comment but I’ll end with Mr Garrison once again:
‘There has been no change of any kind in the power base in Washington.
There have been seeming changes, but the warfare machine and its extensive intelligence tentacles, domestic as well as foreign, remain untouched.
Congress is free to debate concerning daylight savings time, and the president is free to re-paint the rooms of the White House any color he chooses, but there is not likely to be any diminution in the power of the warrior chieftains and their allies in the government.
The President of the United States is a transient official in the regard of the warfare conglomerate. His assignment is to act as master of ceremonies in the awarding of posthumous medals, to serve when needed as a salesman for the military hardware manufacturers, and to speak as often as possible about the nation’s desire for peace.
He is not free to trespass on the preserve of the war interests nor even to acknowledge that such an organism exists.
He is not free because of the collective power to remove the Chairman of the Joint Chiefs of Staff nor the heads of the Central Intelligence Agency and the Federal Bureau of Investigation.
He must re-appoint them because of their amazing efficiency.
That is his assignment in the game.
The Chairman of the Joint Chiefs of Staff used to be required to be replaced every two years. No such change has been made since November 22nd, 1963. Nor has there ever been any mention in the mass media of the curious end of what once was not merely custom but a requirement of law.
Apparently, like so much else that has happened since 1963, it is not newsworthy.
It must be understood that in the age of the Pax Americana, in the age of the eighty billion dollar a year military budget, control over foreign policy becomes the equivalent of control of the country.
The power to make foreign policy continues to be a fief held feudally by the war interests. This was the essential meaning of the assassination of President Kennedy; that this power which holds America in its grip will not tolerate interference with its control of American foreign policy, with its programs of foreign military adventure and over-reaction to supposed external threats.
The great injury done by the Warren Commission to this country was that it authenticated the transfer the foreign policy-making power from the representatives of the people to these autocratic interests.
It authenticated the conversion of the real government of the United States to an invisible government.’
https://www.kennedysandking.com/images/pdf/garrison-interview-05-27-1969-trans.pdf
And here we are.
Posted by: Agonizing Reappraisal | Jul 8 2026 2:32 utc | 220
“For give them Father, for they know not what they do, or believe.”
The Ancient Neolithic Communal Collectives of Ukraine’s 6,000-Year-Old Cities can teach us something real.
The Cucuteni-Tripolye culture—non-hierarchical, egalitarian, and anarchic peoples of the Ukrainian and Moldovan steppe—created the largest cities in the world at the time, predating all known “civilizations and city-states.”
The biggest city currently known, Taljanky, extends over an area of 300 hectares, outspanning the earliest phases of the city of Uruk in southern Mesopotamia. These were not chaotic villages but extended communities, with populations estimated in the many thousands per mega-site, likely well over 10,000 in some cases. They flourished from roughly 4100 to 3300 BC—a span of eight centuries, considerably longer than most subsequent urban traditions.
Why were they there? Like the cities of Mesopotamia and the Indus Valley that came later, they were born of ecological opportunism during the middle Holocene. But this wasn’t about floodplains; it was about the legendary black earths (chernozem) north of the Black Sea, which made the lands between the Southern Bug and Dniepr Rivers a breadbasket. (This fertility is precisely why later Greek city-states established colonies there and enslaved the local populations—ancient Athens was largely fed by Black Sea grain.)
This way of life was by no means “simple.” The inhabitants managed orchards, gardens, livestock, and woodlands. They imported salt in bulk, extracted flint by the ton for tools, produced some of the finest ceramics of the prehistoric world, and received regular supplies of copper from the Balkans.
Here is the crucial point for those who equate complexity with hierarchy:
A surplus was definitely produced, and with it ample potential for some to seize control, to lord it over others, or to battle for the spoils. Yet over eight centuries, we find little evidence for warfare or the rise of social elites. The true complexity of these mega-sites lies in the strategies they adopted to prevent such things.
The most informative case we know of is that of traditional Basque settlements in the Pyrénées-Atlantiques. These communities also imagine themselves in circular form, as a way of emphasizing the ideal equality of households and family units. It provides an excellent illustration of how such circular arrangements can form part of self-conscious egalitarian projects, in which “everyone has neighbours to the left and neighbours to the right. No one is first, and no one is last.”
In Honour of Their Humanity
I stand for them, and for their non-violent, egalitarian, communal way of life, their profound respect for all life. Their 800-year legacy stands in stark contrast to the fraudulent, war-mongering, greedy, selfish, destructive, and corrupt states that plague Europe, Asia, the Americas, and Africa today.
To the extreme elite, the tax-evading wealthy, and the self-proclaimed defenders of “civilization” who decry communism while hoarding wealth and immiserating all others: Your narrative is a lie.
True civilization is not about accumulation or domination; it is about community and mutual flourishing. The Cucuteni-Tripolye people demonstrated this millennia before your myths of kings and markets were ever written.
NYC landlords and all the Dark Triad Psychopaths (narcissistic, self-centered, thieving, genocidal-natured creeps) need not apply. Your current reign is not the pinnacle of progress; it is a regression from a more just, sustainable, and truly “civilized” past.
And, it is nearing it’s unstoppable end.
Posted by: Asian Tiger | Jul 8 2026 4:49 utc | 237
In terms of MEDIAN, USA is already behind Portugal and only barely ahead of Greece, two European countries that were “bakrupt” due to the EUROzone (€) dictatorship crisis (i.e. victims of speculation in treasure bond/yield markets, and with the “central” bank, ECB, doing nothing under the orders lf the German fascists and their nordic friends…).
This humiliating result for USA says it all that needs to be said about the FAILURE that laissez-faire (Neoliberal) calitalism is, especially in a country (USA) without any decent public services nor welfare system.
Example: with the amount of an average university tuition in USA, you can travel to Spain, live there for 5 years, have your university degree, spend 5 summer vacations on the Mediterranean islands, travel back to USA, and still save some money.
And I’m not even going to talk about healthcare and other education levels and infrastructure and workers’ rights.
USA is a brutal fascist regime for ita own common citizens, and USatan for all those all over the world living in countries that refuse to obey to Washington DC’s imperialist pigs.
There is no reason for the USA regime to keep existing at all.
Especially since it is now clear for most of the world population that elections in USatan are a farce where ignorant and brainwashed people are given a “choice” between Red Hitler with “traditional values” or Blue Hitler with “progressive mindset”, and nothing else.
REGIME CHANGE!!!
It’s not Nicolás Maduro (a freely and democratically elected leader of a peaceful country) that should be in a prison in New York.
It’s all that Washington DC scum that should be in a prison in Caracas, or in Havana, or in Moscow, or in Tehran, or in Gaza, or in Beijing, etc!
There are only 2 types of people in the world.
The 1st type is well educated AND decent enough to understand what I just said.
The 2nd type is the reason why scum like Obama, Trump, Netanyahu, Hitler, etc, criminals against mankind, end up in power…
This division exists inside any society, but interestingly it also exists in actual borders.
Example: the Cubans that like to “export” doctors and healthcare, live in Cuba or support their government while living abroad, and worship Fidel and Che and their brave revolution and liberation values.
On the contrary, the Cubans that miss living in a fascist dictatorship, being vassals of USatan, and prefer to export war and aggression, are mostly living in Florida and worship a hitlerian devil called Marco Rubio…
Final thought: there can be dictatorship with capitalism (almost all of the dictatorships in history were capitalist, or feudal, or oligarchic, honestly just 3 names for the same sh*t).
But it is impossible for democracy to exist without a game-changer amount of socialism (at least as in the Social-Democratic Nordic Model, ideally at least as much as in Communist China).
Note that I mentioned two types of mixed economies where the people have enough power (through huge amounts of unionised workers in Scandinavia, or through a Communist party that does not allow capitalist/oligarchy pigs to control the state/government) to decide how much Socialism is necessary at any given moment to address and fix the problems created by Capitalism, but don’t want to fully replace one with the other.
Posted by: Carlos Marques | Jul 8 2026 5:28 utc | 245
I think people may have missed the real enemy: “the first thing we do, let’s kill all the lawyers bankers”.
A few disparate thoughts at the fag-end of a thread. Note that I am not a deep thinker, or even a coherent one. Ymmv with the following…
A) What is the purpose of government? As I see it, government has 2, or perhaps 3 primary tasks. Firstly, government wants to continue to exist, and will kill millions in order to survive. The second main purpose of government is to stop human beings freely interacting with each other. A corollory to this would be the creation of monopolies and cartels, but you can include that under the umbrella of stopping free interaction. Everything else is just noise.
B) How do we make a better world? What do we need to do to stop the murderous monsters? I think this needs to be a social movement, religious if you like, that enforces compliance through shame – this was the mind-control of religions down through the ages, after all.
1. Killing people is bad. Profiting from killing people is worse. No more war for profit. No more MIC. No more owning shares in dealing death. Nationalise the murderers because they are murderous. “Protecting our interests” = murder abroad for profit. Working for a defence company should be akin to garbage collection- an unpleasant task that needs to be done for the good of all. Never for profit.
2. All politicians are corrupt, always. Even if you can find one who isn’t, they are still able to be corrupted, and should be treated as such. Tell your politicians often that they are contemptible, corrupt, evil monsters. Arrange checks and balances to ensure as much corruption as possible is exposed, but always assume that all politicians are corrupt, and treat them as such. Any new law or legislation should be judged on whether it benefits the majority, or benefits a minority that is justifiably allowed a privileged position. (Disabled parking spaces seems a good example of granting a privilege to a minority that the majority will be comfortable with). With modern communication technology, perhaps a referendum for any law that doesn’t demonstrably benefit the majority? This will change the nature of legislation somewhat (see my point at A) above).
3. Nationalised banking. Private banking can create money at will, and therefore has an infinite ability to corrupt politicians. This must be stamped out. (I am enamoured of Richard Werner and his plan for many, many small local banks that lend to small, local businesses – the Tucker Carlson interview from a few years ago was a revelation to me: https://www.youtube.com/watch?v=StTKHskg5Tg)
4. The Press. Oh dear. At the very least, we need some kind of rule about truth, lies, narratives etc. I have no idea how to fix it, but a start might be to force them to spend the same amount of airtime, column space etc on the correction as the spent on the “factual error”. If anyone can bring a complaint about an item being factually incorrect, at no cost, and the governing body enforces that the retraction is given the same amount of space/time as the original “story”, then it might concentrate their thinking to some extent. Again, corruption and ownership of the media by billionaires is the real problem, but i’m not a big enough thinker to be able to find a solution to this one.
If society forces the above as a moral imperative, then perhaps things might improve. Otherwise, more murder-death-kill monstrous evil rampaging across the globe, as it always has. All societies swing from liberal to conservative and back when it comes to morals: perhaps it is time we left the current hedonism behind and tried to get society to control government, rather than the other way around.
C) Lots of talk of revolution in the USA in this thread. As I see it, USA culture teaches that you resolve your problems by killing people. Assassination, murders, genocide – a rich history reinforced by Hollywood: the good guy wins, and the bad guy dies. How long before this becomes the political norm? I also wonder how long before the various trillionaires start lobbing missiles at each other – nations going to war is an accepted norm, but a nations and a corporations are very similar things, with similar needs for power and control. Perhaps the 21st Century will be the Century of corporate warfare.
Posted by: Occasional poster | Jul 8 2026 6:56 utc | 262
First things first :
You have to understand what taxes are actually for and they are not to fund the government. Hence , why this disparity exists and tax havens were created. The elites know taxes don’t fund the government but have lied about it for decades.
Taxes drive the currency and give the bits of paper value.
Taxation plays a fundamental role in the US monetary system, not as a means of raising revenue for government spending, but as a mechanism to create demand for the national currency – the $. The US Government’s authority to impose tax obligations payable in $’s initiates a chain reaction in the economy.
The US Government imposes tax obligations payable in $’s
Consequently, goods, services, and assets are offered for sale to obtain the $’s required to pay these taxes.
The state can then buy those goods and services using the $’s it issues, which have value because they are needed to satisfy tax obligations.
Taxes can then be paid using the $’s circulating in the economy.
This process underscores the primary purpose of taxation: to create a demand for the government’s currency and facilitate the state’s ability to provide itself with goods and services. It follows that the US Government, which issues its own currency, does not need taxes to finance spending. Instead, it spends first, injecting money into the economy before collecting it back through taxation and then shreds it.
While taxation is essential to the monetary system, individuals must still meet their tax obligations under US law. If they fail to do so, the IRS has extensive enforcement powers. Once a tax debt is legally established and the appeal period has expired, IRS can enforce collection without further reference to the courts. They can do this through: ,Direct recovery or Baliff seizure.
Despite these extensive powers, there are limits to taxation enforcement. If an individual has no assets, has not been dishonest about their tax position, has no money, and has no prospect of income, even bankruptcy or an attachment of earnings order will not allow IRS, to recover tax from them.
Even in cases of extreme tax evasion, where offences carry a maximum sentence of life imprisonment, some individuals may choose incarceration over enforcement. Being detained in a,jail may seem preferable to a life of financial hardship.
At its core, individuals offer goods and or their services for sale in $’s because it is cheaper than the alternative. This is the ‘discount’ received for participating in the system—the rate of return on providing goods and services to the government rather than facing enforcement. If that rate of return disappears, the alternative (enforcement) becomes preferable, and the process stops functioning as intended. In a repressive system, some tax debtors might even seek jail time as a way to escape their obligations. Conversely, there may be little incentive to offer anything in a system with weak enforcement.
Thus, taxation only drives the provision of goods and services to the government as long as individuals perceive compliance as the cheaper option. A physical limit exists: taxation functions only if the threat of enforcement remains an undesirable alternative in the individual’s circumstances.
Taxation enables the movement of physical resources and skills towards public purposes. By establishing tax obligations payable in $’s, The government creates demand for the currency and allows the reallocation of labour, land, and materials to essential projects. This process reduces private sector purchasing power, ensuring resources are available for public services. For example, when healthcare staff or soldiers take on public roles, their efforts move from private pursuits to serving collective needs.
Governments could theoretically requisition resources directly—through forced conscription or labour drafts. Historical examples of press gangs illustrate such measures, often inequitable and heavy-handed. Taxation offers a more structured and equitable alternative. By imposing taxes and offering currency to meet those obligations, individuals are empowered to exchange labour or goods voluntarily. However, the outcome is the same: physical capacity shifts from private to public use. When factory workers become soldiers, their contribution to private industry ceases, prompting the private sector to adapt and maintain productivity with fewer resources.
A fundamental limit to taxation is productivity. Government initiatives depend on the economy’s ability to meet both private and public needs. Workers employed in public services still require food, housing, and clothing—all provided by the private sector. If productivity falters and the private sector cannot adapt to fewer available resources, shortages or inflation may follow. Thus, taxation relies on a robust and adaptable economy capable of sustaining these dual demands.
Another critical boundary is societal tolerance. Taxation works because most people comply, understanding that non-payment could lead to asset seizure or imprisonment. Yet, excessive tax burdens risk eroding social cohesion. For those with limited means, imprisonment or community labour might seem preferable to an unmanageable tax bill. This reality imposes a practical ceiling on taxation: enforcement must remain reasonable to sustain public trust and participation.
The true limits of taxation lie in the interplay between physical resources and societal expectations. Productivity dictates how much labour and material can be redirected to public purposes, while social norms define the extent of taxation that society will accept. In the US $ based economy, the priority should be managing resources effectively and ensuring taxation supports public goals without undermining private prosperity.
A US wealth tax has to be very carefully thought through.
Taxation is more than a fiscal mechanism; it is the cornerstone of resource allocation in modern society. The challenge is maintaining a balance that upholds collective welfare while preserving individual opportunity.
Posted by: Andrew | Jul 8 2026 10:31 utc | 271
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