(The Economic Collapse Blog)—The entire system has been designed to generate as much revenue from your activity as possible until someday you eventually drop dead. It is tax season, and that means that it is time to feed the largest and most bloated government in the history of the entire planet once again. Of course the federal income tax is just one of the ways that they are systematically draining your wealth. As you will see below, there are literally dozens of taxes that Americans must pay each year. Many of our politicians seem to revel in inventing ways to extract money out of us, and that needs to stop.
Most Americans are working extremely hard, and yet money seems to keep going out the other end faster than it is coming in.
The truth is that the entire system has been designed to take what you have away from you. There are many ways that this is accomplished – taxation, inflation, debt, interest, fines, fees, tickets, government seizures and good old-fashioned corporate greed.
If you decided to just sit back and do nothing but hold on to the wealth that you already have, you would find out that it would disappear quite rapidly.
It is not an accident that most Americans are experiencing a declining standard of living. The system is rigged, and the rigging has not been in our favor.
The following are 55 ways that everything that you think that you own is being systematically taken away from you…
#1 Do you think that you own your home? You might want to think again. Most Americans that “own a home” are paying a mortgage. If you stop paying that mortgage you will lose that home. The number of foreclosures in the United States last year was up 174 percent from 2021, and mortgage delinquencies have been rising in recent months.
When homeowners get booted out of their homes, they don’t get their down payments back. They also don’t get all of the mortgage payments that they have made back. The banks get to keep the money and the homes.
Perhaps you have paid off your mortgage. Does that mean that you now “own your home”? No, not really. Just refuse to pay your property taxes and see what happens. At best, you can say that you have the right to rent your home from the government.
In any event, the reality is that the banks now own more of “our homes” than we do. Just check out your most recent mortgage statement and see how much “home equity” you actually have. If you recently purchased your home, it probably isn’t much at all.
Things used to be far different in this country. Once upon a time, ordinary Americans owned most of the homes and most of the land in this nation.
But now the banks own most of it. Sadly, most American families that believe that they “own homes” are actually enslaved to 20 or 30 year debt contracts.
And if something happens and you are unable to keep making payments, you could lose everything.
#2 Do you think that you own your vehicle? You don’t own it if you are still making payments on it. Of course if you stop making payments you will rapidly lose that vehicle.
But even if it is paid off, you can only operate that vehicle if you do the following…
- *You must pay the license fee.
- *You must pay the car registration fee.
- *You must pay the emissions inspection fee.
- *You must pay the property taxes on that vehicle if that applies in your area.
- *You must pay the tire taxes.
- *You must pay the gas taxes.
If you have paid all of those taxes, then you are permitted to drive only where the government allows you to drive and only under the rules that the government sets for you.
But at least you “own” your vehicle, right?
#3 What about your possessions? Do you own them?
Well, yes, you probably own some possessions. But that doesn’t mean that they are not enslaving you. After all, did you use a credit card to pay for any of them? If so, you could end up paying far more for your possessions than you originally thought that they cost.
#4 Do you own your education? Well, it is undeniable that nobody can ever take it away from you. But if you took out student loans to get your education, that debt may end up enslaving you for decades.
The borrower is the servant of the lender and student loan debt is more of a financial drain on Americans than ever before. Americans now owe more on their student loans than they do on their credit cards.
Today, Americans owe more than 1.7 trillion dollars on their student loans, which is a new all-time record.
#5 Will you protect your wealth if you put your money in the bank? No, in fact your wealth will be systematically destroyed in the bank.
Inflation is a hidden tax on every single dollar that you own, because it destroys the value of all dollars in existence.
There are some Americans that have been saving money for decades, but those savings are being taxed into oblivion by inflation.
Just compare the price of a carton of 12 eggs five years ago to the price of a carton of eggs today. When the cost of living goes up, the value of the money that we have put in the bank goes down.
#6 Insurance costs continue to soar. After insuring virtually everything in our lives, many of us barely have any money left over to actually live our lives with.
#7 State and local governments all over the nation have turned to ticket writing as a primary revenue source. They know that most people do not carefully follow the speed limit, and so they have turned that behavior into a revenue-generating tool.
#8 Some states have decided to simply confiscate wealth even if nothing has been done wrong. For example, some states are now aggressively seizing “unclaimed” safe deposit boxes. If you have a safe deposit box that you have not checked on in a while, you might want to make sure that it is still there.
#9 You might end up losing your valuables when you cross the border. U.S. border agents regularly seize laptops and other electronic devices as people cross the border. In many cases those items are never returned.
#10 If you don’t pay your property taxes, you will lose your home and it will likely be a big Wall Street bank that will end up owning it. The big Wall Street banks have been buying up thousands of tax liens and are making a killing by socking distressed homeowners with predatory interest, outrageous penalties and almost unbelievable legal fees.
#11 Of course the federal income tax is one of the biggest ways that our wealth is being drained. One of the primary reasons why the Federal Reserve and the IRS were established back in 1913 was to redistribute wealth. Wealth is transferred from hard working Americans to the U.S. government, and then it is redistributed to those that aren’t working or spent on some of the most wasteful programs imaginable.
Needless to say, federal taxes are just one of the taxes that we pay. The truth is that the average American pays dozens of different taxes each year. The following are just a few examples of the insidious forms of taxation that drain our wealth…
- #12 Building Permit Tax
- #13 Capital Gains Tax
- #14 CDL License Tax
- #15 Cigarette Tax
- #16 Corporate Income Tax
- #17 Court Fines (an indirect tax)
- #18 Dog License Tax
- #19 Federal Unemployment Tax (FUTA)
- #20 Fishing License Tax
- #21 Food License Tax
- #22 Fuel Permit Tax
- #23 Gasoline Tax
- #24 Gift Tax
- #25 Hunting License Tax
- #26 Inheritance Tax
- #27 IRS Penalties (tax on top of tax)
- #28 Liquor Tax
- #29 Local Income Tax
- #30 Luxury Taxes
- #31 Marriage License Tax
- #32 Medicare Tax
- #33 Payroll Taxes
- #34 Phone Taxes
- #35 Property Taxes
- #36 Real Estate Tax
- #37 Recreational Vehicle Tax
- #38 Road Toll Booth Taxes
- #39 Road Usage Taxes (Truckers)
- #40 Sales Taxes
- #41 School Tax
- #42 Septic Permit Tax
- #43 Social Security Tax
- #44 State Income Tax
- #45 State Unemployment Tax (SUTA)
- #46 Toll Bridge Taxes
- #47 Toll Tunnel Taxes
- #48 Traffic Fines (indirect taxation)
- #49 Trailer Registration Tax
- #50 Utility Taxes
- #51 Vehicle License Registration Tax
- #52 Vehicle Sales Tax
- #53 Watercraft Registration Tax
- #54 Well Permit Tax
- #55 Workers Compensation Tax
When you take all forms of taxation into account, there are some people that hand over more than 50 percent of their incomes to various levels of government each year.
Even the future is being taken away from us. The future is literally being stolen from our children and our grandchildren. They will be inheriting the 36 trillion dollar national debt that we have accumulated.
What we have done to future generations is unthinkable, and yet we continue to borrow colossal mountains of money.
When you base an entire economy on debt, eventually you end up with money problems that never seem to end. As a nation, we are now enslaved to a vicious spiral of debt that threatens to destroy everything that our forefathers worked so hard to build.
As the debt loads of our federal, state and local governments become even more burdensome, they are going to want even more money from us. For decades we gave in to new tax after new tax thinking that it would finally satisfy them.
But it never seems to be enough. They always want more.
Unfortunately, most Americans are so caught up in the “rat race” that they never take much time to think about who designed the race or why they are running it.
It is time to wake up.
We are being systematically abused by the control freaks that are running things, and it is time to say that enough is enough.
Michael’s new book entitled “Why” is available in paperback and for the Kindle on Amazon.com, and you can subscribe to his Substack newsletter at michaeltsnyder.substack.com.
Bypass Big Tech Censors
Two Storms, One Harvest
Every food crisis in living memory has been a one-shock event. The 2008 price spike was a commodity bubble. The 2020 shortages were a logistics failure. The 2022 grain scare was a war on one exporter’s ports. Each time, the system bent, adjusted, and recovered, and each time the experts assured us afterward that global markets are simply too big and too diversified to fail.
What nobody in Washington seems eager to discuss is that 2026 is shaping up to be something the modern food system has never actually faced. Two independent shocks, one climatic and one geopolitical, are converging on the same harvest cycle at the same time. Not sequentially. Simultaneously.
Start with the weather. The Pacific Ocean is currently building toward what forecasters now openly call a record event. NOAA’s Climate Prediction Center puts the odds of at least a strong El Niño near 88 percent, with roughly two in three odds it reaches “very strong” status, the tier reserved for perhaps three or four events in the entire satellite era. Every major global model now projects a median peak in Super El Niño territory, and most of them project it exceeding the 2015-16 event, which until now held the modern record. Sea surface anomalies were already brushing the super threshold in mid-July, months before these events normally peak. The atmosphere has already shifted into El Niño mode, and the event is forecast to crest in late fall and early winter.
This is not about “climate change.” It’s about the standard cycles of weather, and the cycle we’re currently in is one that has likely devastated societies in the past. We’re better prepared as a society today, but not all Americans are equally prepared.
Serious households have started doing the quiet math on their own. Grocery bills tell part of the story, and the forecast maps tell the rest, which is why long-term food storage has moved from fringe hobby to mainstream line item in the family budget, with established suppliers like Heaven’s Harvest seeing demand from people who five years ago would have rolled their eyes at the idea. That instinct is not paranoia. It is pattern recognition, and the pattern is worth walking through carefully.
Editor’s Note: Heaven’s Harvest IS a sponsor, but the warnings of this article are real and would be written even if we didn’t have a survival food sponsor. With that said, those who take advantage of what they offer can use promo code “Patriot” for 15% off.
The Fertilizer Clock Is Already Running
While the Pacific warms, the second shock has been unfolding in the Strait of Hormuz. The conflict with Iran turned the world’s most important energy chokepoint into a contested waterway, and the consequences reach far beyond the gas pump. Roughly a third of global fertilizer trade moves through Hormuz, and the disruption sent urea prices up 86 percent year over year by March, with a 53 percent jump in a single month.
The World Bank projects energy prices rising about 24 percent in 2026 and fertilizer about 31 percent. By its own accounting, fertilizer prices ran 35 percent higher in the first five months of this year than the same period last year.
Here is the mechanism the nightly news will not explain. Fertilizer is not a grocery item. It is a time-delayed input. The nitrogen a farmer in Iowa or Punjab could not afford to apply this spring does not show up as a problem this spring. It shows up as a thinner harvest six to twelve months later.
The World Bank’s own food security brief concedes that the effects of reduced applications earlier this season “are likely to become visible only later in harvest outcomes.” Translate that from institutional language into plain English and it means this. The damage is already done, it is already in the ground, and we are simply waiting for it to arrive on the shelf.
Now check the calendar. Six to twelve months from the spring planting season lands us squarely in late 2026 and early 2027. Which is precisely when the strongest El Niño in the instrumental record is forecast to peak, bringing its signature droughts to Southeast Asia, Australia, southern Africa, northern Brazil, and South Asia, the very regions that grow the world’s rice, sugar, and oilseeds.
The World Bank warns openly that a strong El Niño “could disrupt multiple crop belts simultaneously” on top of the conflict-driven input costs. Their baseline projection assumes the Middle East disruptions ease by autumn. What in the last two years of Middle East history suggests that assumption is safe?
The System Has No Slack Left
The comfortable answer is that global markets always adjust. But adjustment requires slack, and the slack is gone. Global cereal production is expected to decline from last year’s records even before El Niño does its work. The UN World Food Programme, hardly a den of right-wing preppers, is calling this the most significant disruption to its supply chains since Covid and the invasion of Ukraine, and its supply chain director put the stakes bluntly.
Today’s supply chain challenges are tomorrow’s hunger crisis.
There is also a political dimension that markets cannot price. When food gets scarce, governments do not behave like economists. They behave like politicians. Export bans, hoarding mandates, and panic buying at the national level turned the modest rice shortfall of 2008 into a global crisis, and analysts are already warning that import-dependent nations are the first dominoes.
The 2015-16 Super El Niño, a far weaker event than what is now forecast, threw tens of millions into food stress across Africa and Asia. This one is projected to be stronger, and it arrives with fertilizer already rationed by price and shipping lanes already contested by missiles.
What Joseph Knew
Scripture does not treat preparation for lean years as faithlessness. It treats it as wisdom delivered in advance to those willing to act on it.
Behold, there come seven years of great plenty throughout all the land of Egypt: And there shall arise after them seven years of famine; and all the plenty shall be forgotten in the land of Egypt.
Joseph did not respond to that warning with a hashtag or a committee. He stored grain during the years of abundance, and when the famine came, Egypt stood while its neighbors begged. The lesson is not that famine is certain. It is that the time to prepare is precisely when preparation still looks optional.
Nobody who filled a pantry in a year of plenty has ever regretted it, and nobody standing in an empty aisle has ever been glad he waited for certainty.
None of this calls for panic, and panic is the enemy of sound judgment anyway. It calls for the same unglamorous prudence our grandparents considered ordinary. Keep some cash margin, know your local growers, and put real food in deep storage while it is cheap and available, because the entire arc of this story is that cheap and available is a closing window.
Families looking for a straightforward place to start can visit Heaven’s Harvest and use promo code Patriot for 15 percent off long-term storable food. The forecasts may yet soften, the strait may yet reopen, and we should pray they do. But hope is a fine thing to hold and a foolish thing to eat.
