Government can wreck a business by confiscating its money by taxation.
Taxation Quotes
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By taking out a loan, I am committing myself to years of interest repayments, and therefore to years of wage slavery. And the U.K. has been borrowing like crazy since 1694, when the Bank of England was invented. This means that we are locked into high taxation to pay for 300 years of wars and other costly and generally disastrous state enterprises.
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The true principle of taxation is the benefit principle – those who benefit from a government service should pay for it. It’s also known as the ‘user pay’ principle. Every effort should be made to link the payment of taxes or fees to the cost associated with the government service.
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