Title: Language Warning: Americans Are PISSED About Where Taxpayer Funds Are Going With Tax Season Upon Us Source:
[None] URL Source:https://rumble.com/v6iv29a-language ... taxpayer-funds-are-going-.html Published:Feb 10, 2025 Author:Horse Post Date:2025-02-10 09:18:59 by Horse Keywords:None Views:115 Comments:3
PROBLEM, REACTION, SOLUTION... - they use it every time.
"...DONALD TRUMP HAS GENERATED a renewed buzz in certain circles by repeating last week his notion of eliminating the income tax and replacing it with a revenue tariff. Ignorance of the true nature of both types of tax lies at the heart of the misplaced excitement.
The tariff misunderstanding is a bit nuanced. Though many do not, a lot of folks get the fact that tariffs are paid by consumers-- either to importers or to domestic producers of competing products (if any). Those domestic producers are enabled by the tariff to raise their prices to just under the tariff price of the imported good, which without the tariff would be cheaper.
That is, a widget imported from China to sell for $1 would normally compel domestically-made widgets to sell for no more than $1. But when the Chinese widget is burdened with a 25% tariff (raising the price to $1.25), the domestic widget can (and will) now be sold for $1.24, amounting to a 24% tax on the consumer. By this means, tariffs operate as the equivalent of a national sales tax on all affected products (and the Trump proposal seems to be for a universal tariff, meaning a vast array of consumer goods would be so taxed).
This brings up the other aspect of Trump's tariff notion misunderstood by many: the plan calls for maintaining tax revenue at its current levels (at least). So, while some historically-literate (but politically naive) folks have dreams of a Jeffersonian revenue tariff financing all federal expenses while touching only a few per cent of GDP, these really are mere dreams.
The Trumpian notion contemplates a revenue tariff gathering in 35%+ of GDP. That is to say, a national sales tax of the scope and depth capable of capturing that amount of the national wealth.
THEN THERE IS THE MISUNDERSTANDING of the income tax that fuels popular support for the misunderstood tariff plan. That income tax misunderstanding-- the false belief that the tax reaches all earnings, rather than only those proceeding from the privately-profitable use of public resources-- has allowed tax agencies at the federal and state level to abusively capture wealth from all working and investing Americans for decades now and generated misdirected hatred for the tax. (Learn the truth here. http://losthorizons.com/The16th.htm )
When properly understood (and hence with proper application of the tax enforced), the income tax is enthusiastically supported by the American people. This is powerfully illustrated by the amendment of the Constitution in 1913, by a population very familiar with the proper application of the tax, just to allow its operation to resume after suspension in 1895 due to an errant Supreme Court ruling which the 16th Amendment was specifically designed to overturn (as just acknowledged by the Supreme Court last June in Moore v. United States).
All told, then, Trump's tariff plan is a wolf in sheep's clothing, trotted out to "solve" a problem that only exists because the federal and state governments have been nurturing and exploiting false notions about the income tax. The real solution to the perceived problem (and to much else that is wrong in America today) is to restore widespread understanding of both tariffs and income taxes.
You can help make that happen by sharing this three-page document as widely as possible..."
"Tarriff" or "National Sales Tax" will fall on the serfs, and when Trump makes America the "Bitcoin Capitol of the World", you will have the money taken out of your account immediately, if you pass the Social Score. If you diss the government or a Jew (same difference), you will get nothing and be happy. Have to have the Mark of the Beast to buy or sell, and receive digital dollars in your government piggy bank.
Federal Income Tax is a tax on "Federal" "Income". NOT "all that comes in" is "Federal". "Federal" means "Excise" means "Privilege Tax". If you are "privileged" to receive money by virtue of a connection to the Federal Government, you owe tax only on those monies.
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The Fascinating Truth About The 16th Amendment
The income tax is just an excise; capitations still require apportionment; and youve been taken to the cleaners.
AS THE FIRST AMERICAN IN HISTORY to secure a complete refund of all federal income taxes withheld-- including Social Security and Medicare taxes-- and the author of several books that have led to many tens of thousands of other American men and women getting all THEIR money back year after year since 2003, I imagine I'm the last person from whom you'd expect to hear praises of the income tax. But that's what you're hearing.
The fact is, the income tax is not only a Constitutional tax, it is also a very desirable tax. Applied in strict adherence to its statutory design, the income tax is benignly-limited in scope. It is also a fit mechanism by which those who make money from the exploitation of public resources return to the common purse a portion of their private profits.
In this short paper, I am going to show you what the income tax really is and on what it really falls. I'm also going to show you how the tax has come to be widely misunderstood and how, since FDR's third term as president, that misunderstanding has been systematically cultivated and exploited by an insatiable state which is increasingly impatient with any level of restraint.
TO PUT IN A NUTSHELL what you are about to learn, the "income" tax is and always has been an excise on gains from certain federally-connected activities in which most Americans do not engage in meaningful (taxable) amounts, if at all. The law says this plainly, if only in places not commonly seen by most people...
"... the tax law, as written, confines itself carefully and scrupulously to nothing but gains resulting from the exercise of federal privilege, just as any federal excise tax must do. It is not by accident or oversight that, for instance, the "wages" subject to the tax, or the phrase "trade or business" as used in the context of the tax, are custom-defined in the law.
As written, the income tax laws leave unprivileged earnings and receipts untouched, never crossing the line into the realm of capitations. As written, the income tax remains a proper excise, and as such, doesnt apply to the earnings of most Americans.
This shouldnt be surprising (just as nothing else youve read here should be). But unfortunately, a mature scheme has been in place for about the last 70 years which is designed to trick those ignorant of the nuances of the law into inadvertently declaring their unprivileged earnings to be privileged, allowing the government to treat them as subject to the tax. You can learn all about how that works, how to keep from falling prey to this trick, and how to correct the ill effects of having fallen for this trick in the past, in Cracking the Code- The Fascinating Truth About Taxation In America.
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SO, THATS IT, MY FRIEND! Now you know that the 16th Amendment never authorized an unapportioned general tax (and I suspect youre beginning to realize that for all of your working life youve probably been one of those Americans victimized by the misapplication of what the income tax really is).
Frankly, I imagine that youve always suspected this. After all, the 16th Amendment is a Constitutional amendment, the highest possible expression of the popular will possible, and the mythology about the amendment says it was intended to authorize a universal tax on everyones revenue. And yet, 30 years goes by after its adoption in 1913 before more than a small fraction of Americans are affected in any way by the income tax!
Plainly, had the 16th Amendment actually been meant to authorize a universal tax, we would have seen income tax filings by every adult American no later than 1914 and every year from there forward. In reality though, only 9.36% of all money-making Americans had occasion to file any kind of tax document in any year from 1913 to 1939, on average.
This was a period at the very beginning of which even simple factory workers were making $1,500 a year (with pay-rates climbing), and during which the tax only exempted $1,000 of income. But back then everyone understood that the $1,000 of exempted gains-- and the amounts above that to which the income tax applied-- were different kind of gains from the unprivileged variety received by factory workers and most everyone else. See a video presentation on this subject here.
In fact, the very highest annual percentage of income tax-filing money-making Americans for the whole period (which included World War I and the "Roaring Twenties") was only 17.3%. It was not until the early 1940s, in the midst of World War II and after decades of relentless disinformation about the nature of the 16th Amendment and the meaning of "income" by corrupt elements of a revenue-hungry state, beneficiaries of misunderstanding in professions like tax law and accounting and progressives who had always wanted a universal tax that the percentage cracked 50%.
This campaign of disinformation was assisted by increasing state influence in schools, propaganda resources which included exhortations by the likes of Donald Duck:..."
#2. To: AllTheKings'HorsesWontDoIt, Esso, Titorite, Dakmar, watchman (#1)
The problem is the Federal Reserve which charges us interest on money. We are not allowed to have money until we first go into debt.Nationally we only have moeny until the Federal Reserve creates money (Federal Reserve Notes) . Commercial banks create checking account money and are allowed to charge us interest on money they create out of nothing. This transfers wealth from those whoproduce goods and services to Bankers. The national debt and interest on the debt creates one need for the Income Tax to pay interest on that debt.
Another need for national expeses would be to take care of the poor which was created by the transfe of wealth from workers to Bankers.
The third need for federal spending is from wars which the Bankers created and have maintained through their ability to kill Presidents and to terrorize the general populace.