List of ways to go Galt
Posted by overmanwarrior 13 years, 3 months ago to Government
I received this comment on my blog site today, and thought I'd throw it out to you guys for ideas. I have a lot of ideas, but I may be too militaristic to offer a cool head on this. So I'd be interested in hearing other opinions.
"I was wondering if this site could create a section that listed practical ideas for going Galt. It is difficult to do so with all of the regulatory entanglements, but I started the process last year by shutting down my business. I have always felt that too many people list too few deductions for tax withholding thus giving the government a constant stream of interest free dollars to spend - better to pay prior to 15 April than every two weeks having it removed from the paycheck. There certainly must be other interesting ideas spanning a wide range of investments and day to day living."
"I was wondering if this site could create a section that listed practical ideas for going Galt. It is difficult to do so with all of the regulatory entanglements, but I started the process last year by shutting down my business. I have always felt that too many people list too few deductions for tax withholding thus giving the government a constant stream of interest free dollars to spend - better to pay prior to 15 April than every two weeks having it removed from the paycheck. There certainly must be other interesting ideas spanning a wide range of investments and day to day living."
The people overpaying their taxes through monthly deductions are indeed feeding the beast with their interest free loans to the Feds. I try to game my withholding so that I owe between $0-1,000. Be careful about it though, because if you wind up owning a lot more than a grand, then they *will* charge you interest. (Funny how that works, huh?)
I'm a new Financial Advisor, so I'm also trying to figure out some other ways to "go Galt" financially, without just pulling out entirely and sitting on a pile of gold.
Thus far, I'd say that we definitely want to stay away from Treasuries, for obvious reasons. Beyond that, it depends on how Galt you want to go... If your state is more conservative fiscally, munies might be appealing. With the push to raise capital gains, I wouldn't advise much trading, if you decide to remain in the equities market.
Anyone else care to chime in?
I think they are mostly copper/zinc.
Also, actual silver coins were numismatic grade, or 90% silver. Which is good enough to call it "silver".
2) Identify like minded people.
3) Relocate to a Free State Project or area likely to seriously consider secession.
4) Network in the new community.