Controversial
Schiff Says Americans Freer Under King George Than Modern Democracy
The Peter Schiff Show
The Debt, the AI Bubble, and Strategy's Liquidity Crisis… It's All Connected
What was said
"Americans were a lot freer under the tyranny of King George than they are today under the tyranny of the American democracy. If we had a revolution to get out from under the tyranny of a king, we need a bigger revolution to get out from under the tyranny that we have now. Can you imagine if King George tried to tax anybody with an income tax. No king could get away with an income tax, but we pay it. We did it to ourselves."
Schiff makes the controversial claim that colonial Americans under British rule had more freedom than modern Americans, citing the absence of income and Social Security taxes. He argues no king could impose an income tax without sparking revolution across the kingdom, yet Americans voluntarily accept far greater taxation and government control.
Verification status
Attributed speaker claim
Egleze verified who said this and where. The underlying claim has not been independently established by Egleze.
Source and context
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- Programme
- The Peter Schiff Show
- Episode
- The Debt, the AI Bubble, and Strategy's Liquidity Crisis… It's All Connected
- Clip time
- 1:00:48
- Original source
- Watch the source segment →
From this episode
The Peter Schiff Show