My state is talking about forgiving the taxes on unemployment because of covid 19. What the actual fuck.
You have people that are working at fast food getting paid less and still paying taxes.
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Because every time they print more money, there is more money in circulation. Having more money in circulation lowers the value of the dollar. That’s how you get to countries like Zimbabwe that had 100 trillion dollar bills just lining the streets because they were worth less than toilet paper. The government should limit spending to what it brings in in taxes, and they should limit the money that they bring in in taxes to what they absolutely need. We all know the government doesn’t function as it should, though. The Fed should also not be printing money left and right, yet they do because they apparently don’t care about the value of our dollar, or they are actively trying to tank its value.
This.
In fact, the IRS does not exist to raise revenue. It exists to destroy dollars so hyper inflation does not occur.
The Fed has been printng a lot more than the IRS has been killing.... A good time to get into cryptos.
I understand that all $$ collected by the IRS goes toward the debt interest held by the Fed-so like our votes, we are not citizens, but subjects...
I thought it was to keep squeezing us useless eaters out of more and more. they openly "tax" us as much as they can get away with (usually that's around 40% plus or minus before the masses revolt) and once that's maxed you secretly tax em all via inflation by printing and printing money. before us fools know any better they've left us destitute and we are begging the government to help us with "health"care, food, housing, etc, and then boom check mate for them!
greed
Power
It isn’t about them having money. It is about you not having any.
Income tax is a way for the government to take money at gun point. look at when income tax started, well before most of us were born. Income tax Promotes Big government, Corruption and the theft of more and more taxes. For what? they say oh its to pay for the roads and schools. Its not it pays interest on the money Borrowed from The federal reserve... Let that sink in, we Are borrowing the 'money' from the central bank. Central bank is NOT owned by the people. its owned by a banking cartel. Its a form of control.
So they aren't going to give that bogus refund to the people that never paid income taxes?
Good point, plus, if you have a national sales tax and get rid of income tax, then illegals and non taxpayers will start paying taxes just like everyone else. Evens the field.
A government requires it's citizens to pay taxes in the currency THEY issue. This is how governments have legitimized their "money" over other coins or paper for hundreds of years.
I make a law compelling you to pay me taxes in gec-bucks. I issue gec-bucks. You have little choice. You agree to trade your labor in exchange for my gec-bucks.
I won't even go into the FED scam. But you get the idea. You pay taxes so you can't even imagine slipping their yoke. :p
Bingo. I blew someone’s mind with this exact statement at work the other day. Really made them think.
Ask the Queen and Vatican how they feel about our Taxes since they receive them.
slaves
Because they print it for THEM, not US!
could it have something to do with not meeting the threashhold of taxable income?
when congress "borrows" currency, they need to pay the loan plus interest.
congress doesnt print money
central banks, Federal Reserve prints currency. debt from thin air. isnt backed by anything.
inflation is lesser worth of currency, which is worthless anyway.
the first alphabetacle 600 currencies went back to 0
It's not about funding the government... it's about keeping you poor!
The real problem is they're doing BOTH. Every wonder why millenials can't afford a house even though they have a bachelor's degree and a career?
Millennials share part of the blame here. Lack of money management And personal responsibility is probably the bigger issue, imo.
Speaking as a house owning millennial.