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Why are there Federal Taxes AT ALL? In ANY form? The Fed Gov would be fine without them!
Posted on 1/20/23 at 7:22 am
Posted on 1/20/23 at 7:22 am
Current debt > $31T and that's before unfunded mandates.
Annual budgets run at more than twice current tax revenue.
It's clear that the Federal government doesn't actually need taxes to continue running. It would be like me somehow owning a $500K car while living in a $3M home and vacationing all the time and then telling you, "many, I really got to get to my job stocking shelves at Home Depot. The difference between having the job and just sitting on my arse is negligible in that situation.
As near as I can tell, Federal taxation has nothing whatseover to do with funding the government. It is 100% a vehicle for manipulating people.
ETA: My basic point here is, from the perspective of the government continuing operations, would it even be noticable if Federal Taxation went to zero? I don't get the impression that it would even be a bump in their road. Hell, they could pass a 2 year tax amnesty and it wouldn't really look that different on the balance sheet. LOL
Annual budgets run at more than twice current tax revenue.
It's clear that the Federal government doesn't actually need taxes to continue running. It would be like me somehow owning a $500K car while living in a $3M home and vacationing all the time and then telling you, "many, I really got to get to my job stocking shelves at Home Depot. The difference between having the job and just sitting on my arse is negligible in that situation.
As near as I can tell, Federal taxation has nothing whatseover to do with funding the government. It is 100% a vehicle for manipulating people.
ETA: My basic point here is, from the perspective of the government continuing operations, would it even be noticable if Federal Taxation went to zero? I don't get the impression that it would even be a bump in their road. Hell, they could pass a 2 year tax amnesty and it wouldn't really look that different on the balance sheet. LOL
This post was edited on 1/20/23 at 7:42 am
12
Posted on 1/20/23 at 7:25 am to High Desert
Because the kingmakers in Washington DC say they can.
Once the North beat the South, the Fed Gov had nothing in it's way from extorting freedom and wealth from Americans.
Once the North beat the South, the Fed Gov had nothing in it's way from extorting freedom and wealth from Americans.
Posted on 1/20/23 at 7:25 am to High Desert
At this point it is more about control than anything else...
Posted on 1/20/23 at 7:25 am to High Desert
I agree. They just print what they want anyway. Why steal from me after you just debased my currency
Posted on 1/20/23 at 7:27 am to High Desert
Because aoc needs a new pair of shoes.
Posted on 1/20/23 at 7:29 am to High Desert
Honest question how was the fed funded pre income tax? Did states remit set amounts to fund defense?
Posted on 1/20/23 at 7:30 am to High Desert
That is how the Swamp works. Reward people who vote by stealing from people who work.
Posted on 1/20/23 at 8:03 am to High Desert
The power to tax is the power to destroy. (McCulloch vs Maryland) They will never give that up. The IRS is being wielded as a weapon. Why do you think they are hiring 87,000 more agents (armed).
Maybe they can print money as easily as taxing but without any backing at all eventually no one will accept it as the fiat currency.
Maybe they can print money as easily as taxing but without any backing at all eventually no one will accept it as the fiat currency.
Posted on 1/20/23 at 8:13 am to High Desert
Repeal the 16th, as it violates the 13th.
Posted on 1/20/23 at 8:56 am to High Desert
You have zero understanding on government funding, probably have no idea what a budget is, even your own.
Income Taxes from the citizenry is now forever.
Tariffs are paid by the consumer; you know the buyer of foreign goods. Which means American citizens.
Saint Ronnie did away with tariffs and no one in the world followed the US. He made America weaker on that policy.
Income Taxes from the citizenry is now forever.
Tariffs are paid by the consumer; you know the buyer of foreign goods. Which means American citizens.
Saint Ronnie did away with tariffs and no one in the world followed the US. He made America weaker on that policy.
Posted on 1/20/23 at 9:13 am to High Desert
There have always been taxes by the Feds, but in the form of tariffs on imported goods, and taxes on whiskey.
Posted on 1/20/23 at 3:33 pm to High Desert
In a 1945 speech before the American Bar Association, New York Federal Reserve bank chairman Beardsley Ruml plainly stated, "Taxes for revenue are obsolete."
His point was that a sovereign currency issuer no longer requires taxes for spending purposes.
link to his speech
LINK
His point was that a sovereign currency issuer no longer requires taxes for spending purposes.
link to his speech
LINK
Posted on 1/20/23 at 5:06 pm to High Desert
The reason for federal taxes is to provide the feds with money to return to the states in exchange for the states behaving a particular way.
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