• shiranaihito (edited 8 years ago)
    +1

    Yeah, and "taxation" sure sounds better than "extortion".

    Taxes are "levied" too, as opposed to "forcefully taken from you".

    - Bail-out = Your money gifted to bankers
    - Bail-in = Your savings confiscated from your bank-account
    - Bank Holiday = Banks are closed so that you won't be able to take out your savings (to avoid losing them through confiscation or collapse in value)
    - Capital controls = You're prevented from moving your meager wealth out of the country (to avoid losing it through confiscation or collapse in value)
    - Eminent domain = We'll just confiscate your property on a whim, or whenever it's necessary to benefit our cronies