In this special July 4th episode of Fiscally Savage, let’s dive deep into our historical roots, as we trace the impact of British colonial rule and the American Revolution on the current United States tax system.
From the origin of “no taxation without representation” to the main issues that fueled the revolution, we explore how hundreds of years worth of historical events shaped the tax policies that persist today.
Join us as we unravel the intricate connections between the past and present, shedding light on the enduring influence of American history on modern-day taxation.
Show Highlights
[02:27] The origin of “no taxation without representation”
[05:43] Issues that led to the American Revolution
[08:00] The byproduct of Enlightenment thinking and coffee importation
[09:59] On the state of play post-revolution
[12:26] Taxes paid by today’s average American citizen
[17:28] The truth behind taxes in California vs Texas
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