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LIBERTY

Monopoly Taught Us That Taxes Suck

Monopoly Taught Us That Taxes Suck

Libertarian Country |

Two things that really suck in life are taxes and getting arrested, and Monopoly® has been teaching children and reminding adults of that fact for 88 years.

Most of my family refuse to play Monopoly® with me because of my supreme capitalist landlord super skills and my penchant for making tenants pay up even if they're starving and poor. Also, because I'm a horrible winner. (Hey, we all have our flaws.)

Income tax is theft, and Monopoly® bitterly teaches us that as little kids playing the game. Wait, is this what we have to look forward to when we grow up and start working a job?

The government just helps itself to whatever percentage of your income that it deems reasonable. In life, income tax is an abysmal travesty that Einstein couldn't even figure out. In Monopoly®, it's the most dreaded space on the board.


Now, some may think that Boardwalk loaded with your opponent's hotels is the most terrifying space to land on, but it's not. At least, not for me.

If you understand the game and play it well, coughing up $2000 in rent to your opponent may seem like a catastrophe--and it can be if your bad luck outperforms your playing skills--but it's economically better than paying income tax to the banker.

The money is still in play. If you've played the game well--making valuable trades and smart buying decisions--you'll have properties with hotels of your own. All you have to do is wait for your opponent to land on one of your high-risk properties and you can reclaim your wealth.

If the luck of the dice matches your tenacity and epic gaming skills, you'll be a big winner in no time. (And by no time I mean 7 days, 13 hours and 46 minutes).

The game of Monopoly® resembles real life in many ways and shows us that taxation is an appalling failure.

When money exchanges hands in a free market economy, there is a propensity for wealth creation and accumulation. When the government gets involved and starts stealing trillions of dollars, the efficiency of the invisible hand mechanism is severely impacted.

Like in the game Monopoly®, when taxes are collected by the U.S. government, the money is largely taken out of play. It no longer changes the hands of real players, thus hindering the creation of opportunities for wealth generation.

Many people think taxes go to roads, schools and social welfare--and they do--but the government wastes a lot of money too (see how the federal government wastes your money).

Not only do they waste your money, but they also lose it too--that is, the accounting records don't show where all the funds went. It just vanishes into thin air, I suppose.

Socialists will say that the game of Monopoly® shows the pitfalls of capitalism, but it actually shows the pitfalls of government.

A balanced game can last indefinitely. The more the state stays out of the game, the more business owners, entrepreneurs, investors and everyday citizens can "pass go" and continue to build aggregate wealth.

The moral of the story, as you may have guessed, is that the government sucks at handling money and should be stopped from interfering with the free market.

Taxes are the worst part of the game, as this kid surely knows.

 

If you enjoyed this article, you may also like, 'Yes, You Should Teach Your Kids About Capitalism.'

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