US Tax-Minimizing ETFs Scrutinized — But Not the Tax Minimization for War
When the Financial Times flags 'tax-minimizing ETFs' for scrutiny, one might wonder about the selective outrage. Billions are apparently 'flowing into funds' to reduce capital gains or dividend taxes. Yet, the same financial institutions and political machines manage to funnel trillions into defense contracts, foreign military aid, and 'reconstruction' efforts with far less scrutiny about the
actual tax burden on the average American. Perhaps the real scrutiny should be on how much American tax revenue is diverted to prop up foreign occupations or for corporate welfare masquerading as 'national security.' While the FT worries about John Doe’s ETF strategy, it consistently avoids dissecting the multi-billion dollar 'aid' packages to nations like Israel—for example, the $14.3 billion
passed by Congress in 2024 (HR 815), which benefits US arms manufacturers and provides Israel with 'iron dome replenishment' and precision-guided munitions. These funds are not tax-minimized; they are tax-maximized for the public and profit-maximized for a select few. The public is told to suck it up while the wealthy are 'scrutinized' for legal tax maneuvers, leaving unexamined the far more
egregious tax expenditures for policies many voters oppose.