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




Austrian Economics: Understand Economics, Understand the World
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
- U.S. Soldiers Died for Empire and Hegemony
- Garbage Collector Lives Matter
- False Flags, Biker Gangs, and the PATCON Legacy
- Is the Liberland Experiment Viable?
- The Prohibitionist Song Remains the Same
- Five Bogus Excuses for Opposing Freedom
- Why Was Osama bin Laden Killed and Not Captured?
- Further Confirmation of Hersh and Why bin Laden Was Murdered









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

DUI Checkpoints Just the Tip of the Iceberg, Cops Now Going Directly into Bars with Breathalyzers - 05/24Garbage Collector Lives Matter - 05/24North Carolina Police Arrest Man for Recording Before Trying to Destroy Phone - 05/24RAW: Virginia Cop Pepper-Sprays Stroke Sufferer in the Face - 05/24U.S. Soldiers Died for Empire and Hegemony - 05/25Kansas City Cops Take 'Murder'n' Pride Photos - 05/25New DEA Chief Retreats On War Against Weed, Says DEA Will No Longer Focus On Marijuana - 05/26Suspicious Inmate Death In Broome County, NY Jail - 05/24

Man Follows Speeding Cop, Finds Out He Was Speeding To Buy PeanutsMission Creeps: Homeland Security Agents Confiscate Women's Panties For 'Copyright Infringement'Cop Shoots Couple's Dog, Threatens Jail For Trying To Save Dog's LifeSWAT Team Shoots Teen Girl & Her Dog During Pot Raid On Wrong HomeDurham, NC Cop Testifies Faking 911 Calls To Enter Homes Is "Official Policy"Indiana Sheriff Says US A "War Zone" To Justify New MRAP Military VehicleTampa Cops Surveil Pot Dealer, Catch Him Selling Pot, Raid His Home & Kill Him"You Just Shot An Unarmed Man!": Witness Says Police Shot His Friend With His Hands Up
(more)

 
Top