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    Home»World Economy

    The Endless Hunt For Taxes

    Team_NewsStudyBy Team_NewsStudyFebruary 20, 2025 World Economy No Comments3 Mins Read
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    QUESTION: You might say you don’t advise the Trump Administration, however Trump appears to be adopting every part you’ve gotten laid out, together with that revenue taxes are a barbaric relic from the previous that’s now not obligatory. He has even publicly rejected Zelensky. When will you inform the reality that you just do advise Trump? You’ve gotten been the one voice calling out Zelensky for what he’s.

    George

    Gov Non Defense Spending GDP

    ANSWER: The Founding Fathers prohibited revenue taxes. The Progressive Motion went after revenue and overtly discriminated towards individuals who made greater than they did. The Progressive Celebration was even on the ticket in 1912, the yr earlier than the revenue tax. Earlier than the revenue tax

    Trump_proposes_abolishment_of_federal_income_tax_bringing_US_back_to_richest_p

    Trump has acknowledged that between 1870 and 1913 this was the richest interval in American Historical past economically. The revenue tax is Marxist, and the Founding Fathers constitutionally prohibited it for a superb motive. It makes everybody report in the event that they even gained $100 on the on line casino. All the pieces you do is accountable, and now the Democrats ushered in a requirement that each particular person having any curiosity in any firm should uncover that to the Treasury or be fined $10,000 and imprisoned. They wish to know every part, and it’ll by no means cease there. Janet Yellen needed to audit transactions right down to $600, and when you have any money app, they need to report what you’re doing to the IRS.

    Federal Spending as GDP

    It doesn’t matter how a lot the federal government collects, it is going to at all times spend extra. The Democrats can’t run for workplace with out promising to bribe folks with free presents. I’ve been ready for the free toaster or TV if you vote Democrat. Because of this a gold commonplace can’t work. You can not have gold as cash except you fully change the political system. That is what Trump is making an attempt to do. The federal government is rising, and it’ll proceed to eat an increasing number of of individuals’s wages, which reduces the out there spending capability of the folks, which then reduces financial progress.

    Civil Work Force 1900 1980 New

    Once we add all authorities, together with contracted to the federal government, it grew from 22% to 33%, together with state and native. The federal government is consuming every part. It will solely outcome within the financial system’s collapse and a sovereign debt disaster.

    Tax Robbery

    Taxes had been now not obligatory, for when cash was truly a coin, the king needed to get some again to spend once more. At this time, the federal government creates cash, and if it didn’t borrow however simply printed what it wanted, the nationwide debt could be a fraction of its measurement. This yr alone, we’ll add $1 trillion on curiosity to maintain rolling a debt no one intends to repay. There’ll NEVER be liberty so long as there may be an revenue tax.

     



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