The Real Cost of No Taxes: Lessons from History and the 2025 Government Shutdown
Manage episode 518060710 series 2978561
The government's shut down again, and everyone's losing their shit. In this episode, I break down why shutdowns happen under both parties, why this one hits different, and what it means for your job, your money, and your life.
But here's where it gets interesting: I tackle a Libertarian argument I hear constantly - "We'd all be better off without taxes and government." Would we, though? I dig into real-world examples of what actually happens when governments collapse or disappear: Somalia's chaos, Hong Kong's tax model, oil-rich Gulf States, and financial disasters in Greece and Chile.
As a business owner who relies on the ACA for health insurance, this isn't theoretical bullshit for me. This is real life. Let's talk about what fiscal policy actually does to everyday people trying to build wealth and not get f/cked over.
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100 episodes