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Radical Personal Finance

662-Why is Joshua So Anti-Tax?

Radical Personal Finance

Joshua J. Sheats, MSFS, CFP, CLU, ChFC, CASL, RHU, REBC, CAP

Self-improvement, Business, Education, Investing

4.21.9K Ratings

🗓️ 20 August 2019

⏱️ 98 minutes

🧾️ Download transcript

Summary

A listener wrote in and essentially asked, "Why is Joshua so anti-tax?" So, I thought I'd give that question a crack for you.

Joshua

Transcript

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0:00.0

Do you hear that? It might sound like nothing to you, but it's actually the sound of nuclear, wind and solar energy.

0:11.0

At EDF, we're busy generating more British

0:14.2

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0:17.7

cost down for everyone and help cut UK carbon emissions to nothing. Sound good to you? Find out more about our

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0:30.0

Welcome to Radical Personal Finance, a show dedicated to providing you with the knowledge, skills, insight, and encouragement you need, live a rich and meaningful life now, while building a plan for financial freedom in 10 years or less.

0:41.0

Today in the show, I'm going to tackle more of a philosophical

0:43.9

discussion, not a lot of real practical nuts and bolts financial planning this

0:47.8

show in fact nothing of that but if you're interested in philosophical

0:51.2

discussions around money and and government and things like that,

0:54.4

especially as it relates to tax, then you might enjoy today's show.

0:59.1

So with that caveat, I'll tell you the question.

1:00.4

The question comes in from a listener, writes in, says, hi Josh, I I really enjoy your podcast I've learned a lot and I really like your more

1:05.8

than average philosophical approach to many of the topics however I have a small

1:09.7

rant these different feelings might be just because I am from Europe and you are from the USA, but I don't understand why so many Americans hate or don't trust governments and try to minimize tax payments.

1:22.0

Your last episode on Cash advantage touched on this as well.

1:25.2

I understand that government wastes a lot of tax money but it also does a lot of good

1:29.8

infrastructure financing research and science, health care, even social care, etc.

1:36.0

We take benefit of roads when we travel and police when we need them, but we don't like paying taxes.

1:41.0

Would you rather pay a toll tax for every road you use and pay a

1:44.4

police woman every time you need them? I know this is a never-ending discussion but

1:48.6

just felt like saying this after your last episode and the examples that you gave

...

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