The strategy has three steps. Buy assets and never sell them, so there is no taxable gain. Borrow against them, because a loan is not income. Die, and the basis resets, erasing the gain entirely. No step is illegal.
4D4 - Anti Feudal America
@antifeudalamerica.com
Is a : Data Engineer | Postmodern renaissance thinker | Civics & economics nerd, science enthusiast, history buff | Frustrated by neo-feudalism & wealth hoarding | Believer in systemic reform & humanity's potential to build something better | Human 😎
The full Chapter 2 of The Last Tax is up: two centuries of American tax history, and why every reform ends the same way. Watch below. Read the book: https://thelasttax.com/buy
How We Got Here: A History of American Taxation (Full Chapter) | The Last Tax Ch. 2
The Last Tax, a chapter of the series.
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A billionaire's lawyers will tell you his superyacht is "personal use," not taxable wealth. His art collection is "priceless," meaning unvaluable. His charitable trust "belongs to the foundation," not to him.
A teacher earning $58,000 pays about 24% of her income in federal taxes. A billionaire controlling $8.3 billion pays an effective rate of 0.3% on his wealth. That is not a loophole. It is what happens when a system taxes what you earn instead of what you control.
The Last Tax, Chapter 2 Part 2: how a one-percent tax on the very rich became a tax on work. Withholding, buy-borrow-die, and the disappearing tax bill of the wealthy. New video below. Book: https://thelasttax.com/buy
How We Got Here: A History of American Taxation (Part 2) | The Last Tax Ch. 2
The Last Tax, a chapter of the series.
youtube.com
"You cannot value private assets" is a major objection to taxing wealth. Banks value those same assets every single day and lend real money against them. If it is good enough for collateral, it is good enough for a tax bill.
Chapter 2 of The Last Tax is live. How did a nation born in a tax revolt build the most complex tax code on earth? Part 1: from the tariffs of 1789 to the Sixteenth Amendment. Watch below. Get the book: https://thelasttax.com/buy
How We Got Here: A History of American Taxation (Part 1) | The Last Tax Ch. 2
The Last Tax, a chapter of the series.
youtube.com
Chapter 1 of The Last Tax is live: what if the entire federal tax code fit on a cocktail napkin? One tax, one rate, one public ledger. Watch the full read below. Get the book: https://thelasttax.com/buy
Chapter 1: Introduction | The Last Tax
The full Chapter 1 read.
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The Last Tax is out now! Your federal tax equals your share of national wealth, times federal spending. Happy Independence Day! thelasttax.com
The Last Tax
A proportional wealth tax, recorded on a public ledger, that could replace every federal tax. A book by Dan Shaffer, available now in hardcover, paperback, and ebook.
thelasttax.com
What if wealth answered to society, instead of society answering to wealth? My book, The Last Tax, coming this year. Waitlist 👉 thelasttax.com
The Last Tax
A proportional wealth tax, recorded on a public ledger, that could replace every federal tax. A forthcoming book by Dan Shaffer in 2026.
thelasttax.com
"Give my regards to King Tut, Charlie Brown"
#ResistanceHomework - Calculate your real tax rate. Compare your federal taxes to billionaires. Share it with friends. The math will radicalize you. #AFA
#ResistanceHomework - Find out who owns your city. Look up the biggest landlords and developers in your area. Know their names. Know if they are local. Know who's pulling the strings on your community. #AFA
#ResistanceHomework - Read Radical History. The past is full of people who fought feudalism, and won. Know their tactics. Discuss them with friends. #AFA
#ResistanceHomework - Delete data harvesting apps. Your phone is filled with apps that are spying on you, collecting data about you, your connections, and your activities. Don't do their intelligence gathering for them. Purge unnecessary apps. #AFA
#ResistanceHomework - Audit your subscriptions. Corporations trick you into micro-payments. Find a subscription you don't need or don't use. Cut one today and take your power back. #AFA
#ResistanceHomework - Travel without GPS navigation. GPS can fail or can be taken away to cripple a society that fights back. A sense of direction can never be taken away, but you must first take the time to develop it. #AFA
#ResistanceHomework - Boycott Amazon. Every purchase redirected to a local business makes your community stronger and Bezos weaker. "Free" shipping was never free, and is not worth the cost to small businesses. #AFA
#ResistanceHomework - Close a big bank account. Your money funds their power. Credit unions are local, less extractive, and safer when crises hit. Invest in your community and your community will get stronger. #AFA
#ResistanceHomework - Visit a farmers market. Food supply chains are fragile. Shake hands with a farmer, learn where your food actually comes from. When supply chains break down, you will need to rely on your network. Make it strong. #AFA
#ResistanceHomework - Subscribe to indie local news. Corporate media is increasingly less reliable for actionable information. Social media is flooded with AI and misinformation. Find local groups and news sources, and verify they are comprised of real local people. #AFA
#ResistanceHomework - Map out Local Gather Spots - Someday soon social media will no longer be a safe form of communication, where will people meet? Know your community's physical hubs and social leaders. #AFA
#ResistanceHomework - Find out who owns your home. If you rent, track down the actual landlord. Know their names and how to contact them directly. Knowing if you are renting from a business or a person will inform future decisions. #AFA
#ResistanceHomework - Attend a local government meeting. The people deciding your future are meeting right now. Find out how they will respond when a crisis comes. Know their names. Know their plans. #AFA
#ResistanceHomework - Check on an elder. They have wisdom, stories, and sometimes are just lonely. Many have lived through tumultuous times before. Ask them about it. Showing you care is the first step to meaningful connections. #AFA
#ResistanceHomework - Talk to a stranger. One day you'll need help from a neighbor or a passerby. Start practicing now by rediscovering how to talk to people. Learn their names and be open to making a new connection. #AFA
#ResistanceHomework - Write a handwritten letter. Digital connections are fragile. A physical letter tells someone they matter and deepens real bonds. The power of the people is built on strong connections. #AFA
