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Tuesday, October 4, 2016

Our Fair Share of Taxes

Long ago Ronald Reagan requested information on how to cut down on government waste (although he didn’t seem to have a problem signing budgets that included hundreds of billions of dollars in unconstitutional spending). That report was done by the Grace Commission; the formal name is the President’s Private Sector Survey on Cost Control, which was issued on Jan. 12, 1984. On page 12 we read:

“With two-thirds of everyone’s personal income tax wasted or not collected, 100 percent of what is collected is absorbed solely by interest on the federal debt and by Federal Government contributions to transfer payments. In other words, all individual income tax revenues are gone before one nickel is spent on the services which taxpayers expect from their government.”

Those individual “income” taxes you voluntarily pay don’t fund the military or anything else. They go for transfer payments, meaning the exorbitant interest paid to the unconstitutional “Federal” Reserve for renting our own money, U.N. dues and foreign banking interests like the corrupt IMF (International Monetary Fund) – the fruits of your labor stolen from us to throw around the world. Nowhere in the U.S. Constitution does it give Congress any authority to steal from us to throw those funds to foreign banking entities or the big money racket known as the U.N.

Then how does the government pay the bills they rack up in every bloated budget sent to a president? Read the next article.

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