The Tax System Explained in BEER

This is a hot summer – so instead of “heavy stuff”, enjoy reading something “light”.

Although: for those who have to carry the major part of this burden, modern robbery of the key funding players of society, called “tax system”, is also “heavy stuff”.

Recently, several attempts to explain the tax system in a simple way were circulating, especially in social media.

Yet, we found the best of these at the end of an article of Howard Marks, Oaktree: The Tax System in Beer.

Nowhere, the functioning of the tax system, the effect of tax reductions, as well as the mentality of mankind, are better explained.

And when beer is on the other side of the equation, this is easily understood in these hot days …

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