[00:00:00] A revolutionary idea that will put more money in your pocket, and eliminate income tax [00:02:23] What is the Financial Freedom Act? [00:09:17] How Much are we Spending, Taxing, and Collecting?

[00:12:18] A New Source of Inflation

[00:15:06] Who stands to pay the most under the new tax arrangement?

[00:17:47] Who would be against this?

[00:19:10] The infrastructure is already in place to make the whole country wealthier

[00:21:06] The people who collect our taxes, would also administer basic income for all

[00:21:24] Doing Away with Welfare

[00:22:59] Who knows about this incredible secret?

[00:25:02] Would this idea get you killed?

[00:25:36] What can people do to support this idea?

[00:26:06] How long would this take to implement?

[00:26:38] Banking 2.0 and 0% Interest

[00:28:47] The Medici Family could do more in the 14th Century than we today due to Regulation

[00:32:22] The U.S. could be the financiers of the world

[00:33:16] The Farmer, The Hunter, and the Handyman

[00:36:23] We are our own worst enemy

[00:36:50] To be continued...

Scott Smith is an entrepreneur, author, and managing member of the C Squared Fund. He was an early pioneer in structured finance on Wall Street, originating the first mixed-property commercial mortgage conduit and securing a billion-dollar line of credit from DLJ. He developed the model for securitizing loans that became the cornerstone for mortgage-backed securities today. Scott also helped structure the financing for the first phase of President Nelson Mandela’s Redevelopment Program, which provided affordable housing for some 11,000 families near Soweto, South Africa, and paved the way to provide housing for many more families throughout the nation. While still in finance, Scott founded Kidz Magazine in 1995, an early example of user-generated content. The monthly publication invited students to submit content that ranged from stories and poems to puzzles and drawings. The publication grew from a local magazine to an international publication with an audience in the millions that spanned 30 nations. Scott’s work in education led him to co-found two Colorado charter schools, Summit Middle School and Peak-to-Peak Charter School, the latter of which is ranked among the top schools in the nation by Time Magazine and U.S. News & World Report. As an entrepreneur Scott is a co-founder of Massively Parallel Technologies and Fathym, as well as the founder of FinaTech. Massively Parallel is the developer of Blue Cheetah, a software platform that automates the analysis and modernization of legacy code, so it can be migrated to the cloud. Fathym is a low code/no code platform that enables the rapid development of enterprise IoT solutions for the cloud. Scott developed FinaTech’s Augmented ROI ® solution, which dramatically improves yields for investors in Private Equity funds.

His latest book, "The Emerging Kingdom" explores the relationship between money, the economy, and our personal wellbeing. It also explores the spiritual realm, free will, and how wildly off-track our opinions can be. It turns out we are running our technologically advanced economy on an outdated operating system. With the right upgrade, we have the potential to live in a new era of prosperity that few imagine possible today.

The LIFE WORKS Podcast can be found at:

* Web - http://markabotros.com

* YouTube - https://www.youtube.com/user/markbotros

* iTunes - https://podcasts.apple.com/us/podcast/life-works-podcast-lessons-from-trenches-life-business/id1475582936

* Spotify - https://open.spotify.com/show/7Lpo35jY1rUBGab3olfeeW

About the Audience - The LIFE WORKS Podcast currently reaches about 10,000 people across all platforms. It has a wide age demographic (Age 20-80+ (average is 40 years old)) but generally targets smart, critical-thinking people who are