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| *Loan,banking and credit>>>income tax |
Did you know that all the income taxes paid every year just covers the interest on debt to banks? |
Did you know that all the income taxes paid every year just covers the interest on debt to banks? Thats true very true, if we got rid of The Federal reserve Bank we could do away with The income tax, Irs and such eveil 1913 Income tax was never radtified,, but snuck thru in the wee wee hours,, Freedom to Fasisum Arron Russo watch the film Nope. Is that why the Democrat Politicians want to Raise Taxes????? Is that why the Democrats want our Paychecks???? Is that why the Democrats want to keep people poor, down, and on the Democrat Plantation???? If the Democrat Voters got off Welfare and got jobs, the Democrat Politicians would get more taxes. That would be Cool!!!!! Your facts are wrong, sorry. The debt is appoximately 9 trillion, primarily owned to U.S. citizens holding savings bonds and Tbills. In Fiscal Year 2006, the U. S. Government spent $406 Billion of your money on interest payments to the holders of the National Debt. http://www.federalbudget.com/ Tax revenues were approximately $2.4 trillion, or six times that. IF we used all the taxes to pay off the debt, it could be gone in five years w/o changing rates. Yes, I became aware of this fact watching the documentary, America: From Freedom to Facism. Also note, that the income tax is illegal and was never ratified. Most people believe there income tax supports public programs , but like you stated, it goes to paying off interest to the Federal Reserve. Also note, the Federal Reserve is NOT a branch of the government. It was founded and operated by private bankers/banks. That is why we pay interest. Considering that 58% of Federal revenue was from income tax (individual & coroprate) last year, and 13% of the budget went to servicing the interest on the national debt (which is apalling, BTW), I know that assertion to be false. (Another 35% is obtained from the Social Security tax, meaning individual taxpayers carry - directly - 78% of the burden of funding our government) http://www.taxpolicycenter.org/taxfacts/... on chinese banks you mean to say. |
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