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The Real Cost of No Taxes: Lessons from History and the 2025 Government Shutdown

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Manage episode 518060710 series 2978561
Content provided by Mel O, Mel O CFP, and Zoe Terry ESQ. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Mel O, Mel O CFP, and Zoe Terry ESQ or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

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.

Sign up for my free budget boot camp @ https://freebudgetbootcamp.com/

TikTok: https://www.tiktok.com/@ftofw_podcast?

Connect & Listen:

Facebook: https://www.facebook.com/financestheotherfword Instagram: https://www.instagram.com/financestheotherfword/ My Book:

Finances the Other "F" Word-Another "F" Word to Love Amazon: https://www.amazon.com/FINANCES-Other-F-Word-Mel/dp/1733665927

Walmart: https://www.walmart.com/ip/FINANCES-The-Other-F-Word-Paperback-9781733665926/361773875

Listen on other platforms:

Apple Podcasts: https://podcasts.apple.com/us/podcast/finances-the-other-f-word/id1460418731 iHeart: https://www.iheart.com/podcast/263-finances-the-other-f-word-47519083/ Spotify: https://open.spotify.com/show/78TrGiNHzzlIfXVY9INbdl

Swag & Merch: https://financestheotherfword.com/ Questions, comments, or want to be on the show? Contact us at [email protected]

  continue reading

100 episodes

Artwork
iconShare
 
Manage episode 518060710 series 2978561
Content provided by Mel O, Mel O CFP, and Zoe Terry ESQ. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Mel O, Mel O CFP, and Zoe Terry ESQ or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

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.

Sign up for my free budget boot camp @ https://freebudgetbootcamp.com/

TikTok: https://www.tiktok.com/@ftofw_podcast?

Connect & Listen:

Facebook: https://www.facebook.com/financestheotherfword Instagram: https://www.instagram.com/financestheotherfword/ My Book:

Finances the Other "F" Word-Another "F" Word to Love Amazon: https://www.amazon.com/FINANCES-Other-F-Word-Mel/dp/1733665927

Walmart: https://www.walmart.com/ip/FINANCES-The-Other-F-Word-Paperback-9781733665926/361773875

Listen on other platforms:

Apple Podcasts: https://podcasts.apple.com/us/podcast/finances-the-other-f-word/id1460418731 iHeart: https://www.iheart.com/podcast/263-finances-the-other-f-word-47519083/ Spotify: https://open.spotify.com/show/78TrGiNHzzlIfXVY9INbdl

Swag & Merch: https://financestheotherfword.com/ Questions, comments, or want to be on the show? Contact us at [email protected]

  continue reading

100 episodes

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