Comments by "TIKhistory" (@TheImperatorKnight) on "ITM TRADING, INC." channel.

  1. Correct. VAT is both a confiscation of wealth, and a way to prop up prices so that the government can confiscate more wealth off income taxes, which are earned from selling goods and services that are at artificially higher prices due to the VAT. Realistically, taxes in the UK are at least 50% for low income earners thanks to - income tax, National (Socialist) insurance, VAT, council tax, TV licencing, inflation, and more. And that's before you get to things like Capital Gains Tax, or any fines you may be given by "law" enforcement.
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