SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Wharf Rat who wrote (1393960)3/9/2023 12:50:46 PM
From: Maple MAGA 1 Recommendation

Recommended By
Mick Mørmøny

  Read Replies (1) of 1574478
 


Were war bonds confiscatory taxes

No, war bonds were not confiscatory taxes. War bonds were a type of investment instrument issued by governments during wartime to finance military operations. They were essentially loans made by individual citizens to their governments, with the promise of a return on investment at a later date.

War bonds were not taxes because they were voluntary investments made by citizens who wanted to support their country's war effort. While governments sometimes encouraged citizens to purchase war bonds through public campaigns and other means, there was no requirement or penalty for failing to do so.

Confiscatory taxes, on the other hand, are taxes that are considered excessively high and have the potential to discourage economic activity or encourage tax avoidance. They are mandatory and non-voluntary, and failure to pay them can result in penalties or legal consequences. Confiscatory taxes are generally viewed as harmful to the economy and the welfare of citizens.

In summary, war bonds and confiscatory taxes are fundamentally different concepts, and war bonds are not considered a form of confiscatory taxation.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News