Bernanke Sounds a Warning On Growing Deficit - Just as in an earlier post about less than 50% of US households pay income taxes, this is the second new theme of the monetary elite to manipulate the public into support a VAT tax for the US.
Value-Added taxes are paid by all and this can be a fair tax but when collected along with confiscatory tax rates for successful working Americans, the outcome is criminal politics where a minority of prodctive Americans will be looted by the government in the name of the majority.
Showing posts with label robbery. Show all posts
Showing posts with label robbery. Show all posts
Thursday, April 8, 2010
50% of US Households Pay No Income Tax
ROB THY NEIGHBOR: HALF OF AMERICAN HOUSEHOLDS PAY NO FED INCOME TAX
Think about it, when you add the millions of Americans on the payroll of federal, state and local governments, who only remit back a small % of what they are paid from tax receipts as "tax-feeders" on the body of working, productive Americans in the private sector, the % is even worse. America is a "tax haven" if you don't work, work for the government or are under-employed.
But for the millions of hard working Americans this is communism or national socialism at it's worst as productive Americans are taxed to support the lower 50% of sub or no earners and taxed again to bailout the banks, Wall Street, the unions and other politically favored interests at the top.
In other words we are stuck in the middle, having our wealth, retirement future and liberties destroyed by the elites and increasing numbers of working and non-working poor hurting in an economy destroyed by the bankers and their politicians in Washington and elsewhere. I don't mind helping those who need help but bailing out and generating profits for the elites who are destroying our nation is another matter. We are in the "ultimate shit sandwich" and we have to restore the original republic of our patriot founding fathers.
Think about it, when you add the millions of Americans on the payroll of federal, state and local governments, who only remit back a small % of what they are paid from tax receipts as "tax-feeders" on the body of working, productive Americans in the private sector, the % is even worse. America is a "tax haven" if you don't work, work for the government or are under-employed.
But for the millions of hard working Americans this is communism or national socialism at it's worst as productive Americans are taxed to support the lower 50% of sub or no earners and taxed again to bailout the banks, Wall Street, the unions and other politically favored interests at the top.
In other words we are stuck in the middle, having our wealth, retirement future and liberties destroyed by the elites and increasing numbers of working and non-working poor hurting in an economy destroyed by the bankers and their politicians in Washington and elsewhere. I don't mind helping those who need help but bailing out and generating profits for the elites who are destroying our nation is another matter. We are in the "ultimate shit sandwich" and we have to restore the original republic of our patriot founding fathers.
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