The Truth about Federal Income Tax
(See Comic) The Truth about Federal Income Tax Where Federal Tax Money Goes in an average year. Debt Interest (Mostly Military Related) Military (War, World Policing) Other (Miscellaneous Bureaucracy and Social Programs like Social Security, Medicaid, and corporate welfare) Did you know that there was no such thing as income tax in the United States prior to 1913? In fact, since income tax is a direct tax, it was considered unconstitutional. But somehow, the 16th amendment to the constitution was invented and put into practice. And today, most Americans don’t even know there was a time prior to income tax. Paying federal income taxes wouldn’t be so bad if people actually got something out of it. However, federal income taxes mostly just go to blowing things up, policing the world, general big bureaucracy, and debt interest. Most of the stuff people actually care about in their everyday lives is handled by state and local taxes. For instance, people pay a fuel tax for roads. And people pay property taxes for schools. In the United States, federal income taxes don’t pay for that stuff. At most, some federal tax dollars are spent on bureaucracy to muck that stuff up. Debt Free Money Although the U.S. constitution affords the government the ability to print its own debt free money, for some corrupt and insane reason, the government instead goes into debt to private and foreign interest in order to make money for itself. And to maintain the interest on that debt, people are directly taxed. If the government simply made its own debt free money there would be little need for federal taxes, and certainly no need for direct taxes. In a debt free monetary system, the only tax would be inflation, which we already have in our current system anyway. (Inflation is a decrease in the purchasing power of money through an increase in the money supply). Taxing the Rich People are always saying that we need to tax the rich. But no matter what people try to do to redistribute wealth, almost all taxes are paid by the average guy. That is after all why he is the average guy. Corporations and rich people tend to have pricing power (that is why they are rich) so the rich can usually always pass taxes on to consumers. Plus, a lot of tax money goes to rich people through stuff like military spending anyway. So the idea of taxing the rich is usually a joke since all taxes eventually get put on the average guy. And, of course, you can’t tax the poor because they don’t have any money. Orwellian Since most people have normal jobs, most of their income taxation is out of sight and out of mind. And the tax rebate a lot of people get from their taxes is a kind of Orwellian form of psychological manipulation whereby you take a bunch of money from people clandestinely and then give a little back to look like you are doing them a favor. Bottom line: Federal income tax, as well as many other taxes, wouldn’t be necessary if the government simply stopped spending money on destructive and wasteful things, instead spent money on things that pay off like infrastructure, and printed its own debt free money. Unlike the current system, people worried about inflation in a debt free monetary system would have the option and luxury to own gold and silver (real money) as a hedge tax free. Pretty simple stuff. A lot more simple than the current corrupt cacophony.
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