The Glade 4.0

... that the Federal Government can collect tax on the interest accrued from bonds they issued?

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"It's real, grew up in trife life, the times of white lines
The hype vice, murderous nighttimes and knife fights invite crimes" - Nasir Jones

Government relies on inflation.

Cause they say they can?

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"...the line dividing good and evil cuts through the heart of every human being. And who is willing to destroy a piece of his own heart?" -Aleksandr Solzhenitsyn

As if quantitative easing weren't reason enough to be dissuaded from taking a stake in the bond market.

Really, the arrogance of treasury securities to me the most sour indignation. If they want you to just give them money, trying to disguise it as an investment is an outright insult.

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"It's real, grew up in trife life, the times of white lines
The hype vice, murderous nighttimes and knife fights invite crimes" - Nasir Jones

Why shouldn't they? They tax capital gains and dividends on other investments. That's essentially the same thing as bond interest.

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"Aaaah! Emotions are weird!" - Amdee
"... Mirrorshades prevent the forces of normalcy from realizing that one is crazed and possibly dangerous. They are the symbol of the sun-staring visionary, the biker, the rocker, the policeman, and similar outlaws." - Bruce Sterling, preface to Mirrorshades

I just find it egregious they would tax back interest they owe. Why not just issue the bond at a lower rate? Through bond yield equivalency, just "pre-tax" the security by issuing it a lower coupon.

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"It's real, grew up in trife life, the times of white lines
The hype vice, murderous nighttimes and knife fights invite crimes" - Nasir Jones

Because it affords them an intentional advantage as a trading partner.

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Ezekiel 23:19-20 

Huh?

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"Hysterical children shrieking about right-wing anything need to go sit in the corner and be quiet while the adults are talking."

Kinda par for the course. Look at how many times you are taxed on the same dollar from the time you make it. Death of a thousand cuts.

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A man who has nothing for which he is willing to fight, nothing which is more important than his own personal safety, is a miserable creature and has no chance of being free unless made and kept so by the exertions of better men than himself. ~ John Stuart Mill

Heh ...

Oh man, obscure knowledge of history is fun stuff.

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