informationliberation
The news you're not supposed to know...




An Introduction to Austrian Economics: Understand Economics, Understand Everything
The Century of the Self: The Untold History of Controlling the Masses Through the Manipulation of Unconscious Desires
The Disappearing Male: From Virility to Sterility

The Obama Deception: The Mask Comes Off
Operation Gladio: The Hidden History of U.S. Sponsored False Flag Terrorism in EuropeThe New American Century: The Untold History of The Project for the New American Century
(more)
Article posted Dec 01 2010, 8:33 PM Category: Commentary Source: Jacob G. Hornberger Print

Tax Cuts for the Rich? Abolish the Income Tax Instead

by Jacob G. Hornberger

The left and right are debating whether tax cuts for the rich should be extended. The debate only goes to show how thereís really not any difference, philosophically speaking, between liberals and conservatives. They both believe in the income tax and the welfare-warfare-state programs that the income tax funds, and their battle is simply over who is going to pay for the ever-growing expenses of the welfare-warfare state.

As most everyone knows, the federal government is spending much more than what it is collecting in taxes, to the tune of at least $1.3 trillion per year. How is it getting the money to pay the extra $1.3 trillion? Itís borrowing it, just as it has been doing for many years. Thatís why the federal governmentís debt is almost $14 trillion. That means that you, your spouse, and your children each owe an average of $44,000, given that the American people are, effectively, guarantors of the governmentís debt.

Ultimately, the federal government does what governments have historically done after incurring massive indebtedness. It resorts to the printing press to print the money to pay off its debt and fund its ever-growing expenditures. Thatís what the Federal Reserve is all about. It enables the government to default on its debts, without appearing to default on its debts, by paying creditors off in devalued dollars.

Read More





Latest Commentary
- The War on Drugs Was Born 100 Years Ago
- What America Wannabe?
- Judicial Deference to the Torturers
- Ross Ulbricht Should Be Freed in a Fair Trial
- Government Save Us From "Overpriced" Chinese Food
- I Love Loosies and the People Who Sell Them
- Obama's Plan for Better Policing: The Good, the Bad, and the Body Cameras
- Statism: The Most Dangerous Religion (feat. Larken Rose)









Comments Add Comment Page 1 of 1
Anonymous

Posted: Dec 02 2010, 12:42 PM

Link
216228 Income Tax is illegal and UnConstitutional and is what keeps these parasites going strong. It's called taxation without representation and is forced taxation. Americans are literally paying for their own enslavement and destruction.

"My people perish for lack of knowledge." Hosea 4:6

BTW: If the government loves you so much, why are they putting nerve gas (aka sodium flouride) in the water/food/toothpaste/prescription drugs?

Ephesians 6:12 For we wrestle not against flesh and blood, but against principalities, against powers, against the rulers of the darkness of this world, against spiritual wickedness in high [places].


Add Comment
Name
Comment

* No HTML


Verification *
Please Enter the Verification Code Seen Below
 


PLEASE NOTE
Please see our About Page, our Disclaimer, and our Comments Policy.


FAIR USE NOTICE
This site contains copyrighted material the use of which in some cases has not been specifically authorized by the copyright owner. Such material is made available for the purposes of news reporting, education, research, comment, and criticism, which constitutes a 'fair use' of such copyrighted material in accordance with Title 17 U.S.C. Section 107. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner. It is our policy to respond to notices of alleged infringement that comply with the DMCA and other applicable intellectual property laws. It is our policy to remove material from public view that we believe in good faith to be copyrighted material that has been illegally copied and distributed by any of our members or users.

About Us - Disclaimer - Privacy Policy



Advanced Search
Username:

Password:

Remember Me
Forgot Password?
Register

A Peace Officer Defies the "Blue Tribe": The Exile of Officer Cariol Horne - 12/19Baby Clings to Life After Flash-Bang Grenade Lands in His Crib - 12/20Cop Stops Fellow Cop From Choking a Handcuffed Man, She Was Then Beaten and Fired - 12/18For Punitive Populists, "Comply or Die" IS The "Law" - 12/19Thieves Yell "Police" Before Invading Home, Shooting and Robbing Resident - 12/18Psychotic Vegas Cop Filmed Beating Man For Filming In Viral Video Queitly Hired By Another Dept. - 12/17Cops Called For Wellness Check Beat Innocent Man, Pile On False Charges; Jury Exonerates, Twice - 12/17Ignorance Is No Excuse for Wrongdoing, Unless You're a Cop - 12/17

Rialto, CA Police Made to Wear Cameras, Use of Force Drops by Over Two-ThirdsCop Who Karate Chopped NY Judge In Throat Gets Off Scot-FreeFlorida Cop Smashes Compliant Woman's Face Into Car -- "Maybe Now You Can Understand Simple Instructions"VIDEO: Lapel Cam Reveals A Day In The Life Of A U.S. Police Officer (Tasing, Beating, Breaking & Entering, Stomping On Heads... and Laughing About It)Caught On Tape: Officer Sucker Punches Inmate In Face, Files Report Claiming 'Self Defense'Insult Person On Twitter, Go To JailSWAT Team Brings TV Crew To Film Raid Against Threatening Internet Critic -- Raids Innocent Grandma InsteadCop Karate Chops NY Judge In The Throat
(more)

 
Top