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The problem is that jobs are over, but we are still taxed the old fashioned way - mostly to pay for the healthcare and pensions of baby boomers who had steady careers and cheap housing.

Healthcare and pensions make up 66% of the US Federal Budget. Its a similiar case in most other Western countries. If we could somehow find a way to relieve ourselves of that burden, taxes on labour could be much lower and life significantly better.

I think this is partly why we've seen such a huge boom in freelancing. Its much easier to optimise your taxes that way, instead of working for a company.



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