LOL Taxes

reply to post by mnemeth1

The board of the Fed is not an elected body.

Inflation is a form of taxation.

It is a devaluation of the currency caused by government expanding the money supply.

Since the Fed is in control of the money supply and they are effectively taxing us by printing phony money, we can say that we are being taxed without any representation what-so-ever.

AHHhhh another fan of Mises. He certainly is better than the Keynesian fans.

A reasonably readable article on how the printing of money is robbing the poor to pay the rich is Mises on Money

New money does not appear magically in equal percentages in all people's bank accounts or under their mattresses. Money spreads unevenly, and this process has varying effects on individuals, depending on whether they receive early or late access to the new money

It is these losses of the groups that are the last to be reached by the variation in the value of money which ultimately constitute the source of the profits made by the mine owners and the groups most closely connected with them....

Mises argued that the losses of the late-coming losers are the source of income for the early arrival winners. This inescapably identifies the monetary system as a zero-sum game. In Human Action, he included a section denying what he calls the Montaigne dogma: "the gain of one man is the damage of another; no man profits but at the loss of other"

...his [Mises] entire theory of money rests on this dogma's complete applicability in the matter of increases and decreases in the money supply. The economic benefits obtained by the early users of new money, even gold, are made at the expense of those who gain access to it after it has altered the array of prices.

Again, here is his theory, briefly stated. Money is neither a production good nor a consumption good. Thus, increases or decreases in the supply of money cannot scientifically be said to create or destroy wealth in general.

Amazing how getting continually robbed makes you start learning.

The other bit that is overlooked but should not be:

Resistance to additional income taxes would be even more widespread if people were aware that:

* One-third of all their taxes is consumed by waste and inefficiency in the Federal Government as we identified in our survey.

* Another one-third of all their taxes escapes collection from others as the underground economy blossoms in direct proportion to tax increases and places even more pressure on law abiding taxpayers, promoting still more underground economy-a vicious cycle that must be broken.

* With two-thirds of everyone's personal income taxes 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.

Grace Commission Report to the President

Now aren't you happy to learn all those rich private bankers get all your tax money?

reply to post by babybunnies


Concession fees are government imposed.

The iPhone did not present an itemized list of fees, but they are all government imposed.

Phones are not frivolous items.

Nor is renting a car when traveling.

Public transportation in sub-zero weather in Wisconsin doesn't cut it.

Besides, who are you to say that my purchases are frivolous?

How about I go through your life and point out the things I consider frivolous spending.

reply to post by mnemeth1

Don't forget that corporations have to pay sales taxes on goods they purchase in the course of making products....

Not quite. If a raw material is purchased for resale or as part of a manufactured good you do not have to pay sales taxes, at least not here in the state of North Carolina. You DO have to do lots of paperwork.

Where we get screwed is in the 15% SS tax, 7% medicare/medicated tax, Unemployment Tax and a lot of others. However the one that is always overlooked is the COST of REGULATION COMPLIANCE!

When S-510 gets rammed through Congress this coming week we will REALLY learn about the COST of REGULATION COMPLIANCE as our food prices soar through the ceiling.

It will be interesting to see what happens when the Feds and the "Post-Vietnam Stress Syndrome" 60 yr old farmers start having "discussions" about trespass, fines and red tape.

reply to post by crimvelvet


That's right.

And while raw materials may be exempt in some states, the goods necessary to run the corporation are not.

If a corporation is buying computers, software, desks, chairs, paper, etc.. etc.. etc.. they have to pay taxes on all of that.

All of those taxes are passed on to consumers.

reply to post by mnemeth1


I'm always amazed at how people wear their shackles with such self-satisfied smugness, and how eager they are to slap them on everyone else. I wonder - do they realize what kinds of evil their taxes support? Would they kill children in their sleep by bombing their house? Would they deprive people of their wealth, property and dignity at the point of a gun? Would they imprison and torture innocent people?

Originally posted by Smack
reply to post by mnemeth1

 

I'm always amazed at how people wear their shackles with such self-satisfied smugness, and how eager they are to slap them on everyone else. I wonder - do they realize what kinds of evil their taxes support? Would they kill children in their sleep by bombing their house? Would they deprive people of their wealth, property and dignity at the point of a gun? Would they imprison and torture innocent people?

Liberals like paying taxes because they like supporting multiple wars.

I believe most are closet racists that hate Arabs.

Originally posted by mnemeth1

Originally posted by Smack
reply to post by mnemeth1

 

I'm always amazed at how people wear their shackles with such self-satisfied smugness, and how eager they are to slap them on everyone else. I wonder - do they realize what kinds of evil their taxes support? Would they kill children in their sleep by bombing their house? Would they deprive people of their wealth, property and dignity at the point of a gun? Would they imprison and torture innocent people?

Liberals like paying taxes because they like supporting multiple wars.

I believe most are closet racists that hate Arabs.

As we all know, wars make huge profits for the corporations. Just look at Raytheon and Halliburton. I somewhat know where my taxes go, and that is why I have a huge problem with half my paycheck going to good ol' Uncle Sam. History is repeating itself. Just as the Roman Empire provided the bread and circuses to appease the the masses, everyone was content to be free range economic slaves. Same thing is happening now.
The old saying "Taxation without representation" is ringing true again. Not once have I seen a "report card" from the representative I elected. We vote these people into office and send them to Washington, only to disappear in the chicanery of our government system so that they can live a decadent lifestyle. This reminds of a quote from the movie Gladiator:

Proximo - "So Spaniard, we shall go to Rome together and have bloody adventures. And the great whore will suckle us until we are fat and happy and can suckle no more. And then, when enough men have died, perhaps you will have your freedom."

reply to post by Kratos40


Yeah, that's a great quote.

Originally posted by mnemeth1
reply to post by Kratos40

 

Yeah, that's a great quote.

Unfortunately, some people will say that taxes are necessary. Yes, some taxes are necessary for infrastructure and some public programs that DIRECTLY help the needy common citizen. But when our taxed income goes to things that we never approved, then there is where I draw the line.
Most of us will become complacent and never question where our taxes go and what they fund. If they only knew the truth. It just frustrates me that people are ignorant and do not stand up. But I do not blame them. The police state is steadily gaining strength, whereupon any resistance will greatly affect your livelihood and your future and so the common citizen is scared. Believe me, I've pushed the limits when it comes to police enforcement and it can get ugly.

reply to post by mnemeth1

Liberals like paying taxes because they like supporting multiple wars.

I believe most are closet racists that hate Arabs.

Yeah, I also blame liberals for war. I can't even recall anyone on the right ever starting a war, oh wait...

Well at least liberals like paying taxes a lot, like the tax rate under Clinton while the country was doing terribly, oh that's wrong also...

Well, at least I can't even think of a reason to make a sarcastic remark about liberals hating Arabs.

Like really, how do you make these things up.

PS: Arguably, all violence is voluntary unless you have a mental illness.

We have a top heavy, centralized, dictatorial government, completely compromised by offshore banks and corporations. This is the hallmark of Fascism, and the antithesis of liberty. The only reason the sheep haven't yet noticed is that they have not been subjected to its brutality directly.
YouTube clips of violence, by agents of the state, on other human beings are shrugged off, as though they were a movie or video game. Or they are cheered on; the offender having earned the beating or worse by virtue of his having in some way invoked the ire of the State. This is the mindset of the conquered slave, who would pull down anyone wishing to free themselves, rather than see them succeed.

We are witnessing the end of this empire. If we aren't careful, it will be the beginning of a new one. This time there will be no escape, as it will encompass the entire globe.

There is no Left or Right, there is only Liberty or Slavery.

reply to post by Kratos40

Unfortunately, some people will say that taxes are necessary. Yes, some taxes are necessary for infrastructure and some public programs that DIRECTLY help the needy common citizen. But when our taxed income goes to things that we never approved, then there is where I draw the line.
Most of us will become complacent and never question where our taxes go and what they fund....

Pay close attention and read this if you want to know where your taxes actually go.

As I have stated elsewhere a report (January 12, 1984) commissioned by the President of the USA clearly states:

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.

That means the wealth moves from the poor and middle class to the banksters. The same report makes that very clear:

90 percent of all personal taxable income is generated below the taxable income level of $35,000.

So WHO actually gets our wealth?

Who actually owns the Federal Reserve Central Banks? The ownership of the 12 Central banks, a very well kept secret, has been revealed:

Rothschild Bank of London
Warburg Bank of Hamburg
Rothschild Bank of Berlin
Lehman Brothers of New York
Lazard Brothers of Paris
Kuhn Loeb Bank of New York
Israel Moses Seif Banks of Italy
Goldman, Sachs of New York
Warburg Bank of Amsterdam
Chase Manhattan Bank of New York
(Reference 14, P. 13, Reference 12, P. 152) .....

The individuals listed below owned banks which in turn owned shares in the FED. The banks listed below have significant control over the New York FED District, which controls the other 11 FED Districts. These banks also are partly foreign owned and control the New York FED District Bank. (Reference 22)

First National Bank of New York James Stillman
National City Bank, New York Mary W. Harnman
National Bank of Commerce, New York A.D. Jiullard
Hanover National Bank, New York Jacob Schiff

Chase National Bank, New York Thomas F. Ryan Paul Warburg William Rockefeller Levi P. Morton M.T. Pyne George F. Baker Percy Pyne Mrs. G.F. St. George J.W. Sterling Katherine St. George H.P. Davidson J.P. Morgan (Equitable Life/Mutual Life) Edith Brevour T. Baker (Reference 4 for above, Reference 22 has details, P. 92, 93, 96, 179)

[also of interest]
ARTICLE 1, SECTION 8 OF THE CONSTITUTION STATES THAT CONGRESS SHALL HAVE THE POWER TO COIN (CREATE) MONEY AND REGULATE THE VALUE THEREOF.

IN 1935 THE SUPREME COURT RULED THAT CONGRESS CANNOT CONSTITUTIONALLY DELEGATE ITS POWER TO ANOTHER GROUP. (Reference 22, P. 168)
www.apfn.org...

Our taxes do not go to build roads, care for the poor, reduce pollution or anything else we think it does. G. Edward Griffin explains the methods quite clearly. If you want a "primary reference" Check out A Primer on Money by the House Banking Committee.

From Griffin:

Let's take a look at it and see how they create money...

Here's how it works. It starts with the government side of the partnership, it starts in Congress which is spending money like crazy. It spends far more money than it takes in. It is spending way beyond its income. How can it do that? Basically this is what happens. Let's say Congress needs an extra billion dollars today so it goes to the treasury and says "we want a billion dollars" and the treasury official says "you guys have got to be kidding, we don't have any money here, you spent it all a long time ago, everything that we've taken in taxes you fellows have spent by March." Congress says "we thought that was true but we thought we'd stop by just in case somebody sent some more in." They get together and they go down the street and they get the idea that we'll borrow the money. So they stop at the printing office and they don't print money at the printing office, they print certificates and they're very fancy things with borders on the edge with an eagle across the top and a seal at the bottom and it says "US Government Bond" or "Note" or "Bill" depending on the length of the maturity of it. If you hold it up to the light it really says "IOU" because that's what it is. They print these things up and it looks very impressive and then they offer them to the private sector; they're hoping that people will come up and loan money to the federal government and a lot of people do and are anxious to lend money to their government.... People don't realize that they're putting themselves on the line, they're going to get their own money back minus a substantial handling fee.

[here is the interesting part]
Plenty of money is loaned to the government but never enough. Congress needs more money than that. They say not to worry. They go further down the street to the Federal Reserve building. The Fed has been waiting for them, that's one of the reasons it was created. By the time they get inside the Federal Reserve building the officer of the Fed is opening his desk drawer. He knows they're going to be there and he's ready and he pulls out his checkbook and he writes a check to the US Treasury for one billion dollars or whatever the amount is that they need. He signs the check and gives it to the treasury official.

This is where our trillion dollar debt comes from. - It is a CON JOB

We need to stop here for a minute and ask a question. Where did they get a billion dollars to give to the treasury? who put that money into the account at the Federal Reserve System? The amazing answer is there is no money in the account at the Federal Reserve System. In fact, technically, there isn't even an account, there is only a checkbook. That's all. That billion dollars springs into being at precisely the instant the officer signs that check and that is called "monetizing the debt," that's the phrase they throw at you. That means they just wrote a check, a big rubber check. If you and I were to do that we would go to jail but they can do it because Congress wants them to do it. In fact, this is the payoff, this is the benefit to the government side of this partnership, this is how the government gets its instant access to any amount of money at any time without having to go to the taxpayer directly and justify it or ask for it. Otherwise, they would have to come to the taxpayer and say we're going to raise your taxes another $3,000 this year and of course if they did that, they would be voted out of office real fast. They like the Mandrake Mechanism because it's a no questions asked source of money. You may have noticed that it's been many years since Congress has even discussed what anything costs, it's not an issue. It doesn't make any difference what the cost is because regardless of the overrun they know they can go down the street to the Federal Reserve and by law the officer has to write that big check and give it to them and they're off and running....

In other words ALL the money "loaned" to the US Government was created out of NOTHING!!! We have to work 1/2 our lives to pay back the banksters in sweat what they created with the stroke of a pen or an computerized ledger entry!!!

reply to post by crimvelvet


Unfortunately, many hold very naive views about the world. Most are good people, which is precisely why they cannot grasp how anyone else could be so evil. This is what killers prey on. We are already in the killer's car - we have nothing to lose now but our life and freedom. Yes, it is that serious.

reply to post by crimvelvet


You sir have hit the nail right on the head! Thank you for posting that information.

reply to post by mnemeth1


Taxes are no doubt high and results in absurd fees charged by corporations to compensate. However, do you know whether those "fees" listed were government or corporation fees? I ask this because I worked in management in corporations and was responsible for evaluating many different internal policies. Every corporation when charging a fee attempts to make an additional profit off the fee they charge when in actuality the tax associated is already accounted for. I'll give you this example and you have probably seen it and paid it before.

Back roughly 10 years ago I worked in hotels in California during the Governor Davis energy crisis. Rolling blackouts were in full swing. The hotels all agreed to charge an "energy fee." I cannot speak for every hotel charging this fee but the hotel I worked at made enough off the fee to pay their electric bill four times over annually even at the increased costs. In essence, not only did they now make a profit off the hotel room itself which they had calculated the pricing to include energy use, but now they had an additional revenue stream for profit. I was told to make sure all the employees told customers the fee was necessary to offset the cost of energy. And this was an absolute lie.

Corporations use fees to calculate possible extra costs of doing something that we have already paid for in the original price. Often times they calculate in the hourly wages of employees required to fulfill the extra item, even though the employee is already there to perform the act and they just add more duties to that employee to make them work faster. I think of oil disposal fees when you get your oil changed. Tire disposal fee. All scams to net the company more money, because they know we have no use for the oil or tires. They already have a contract to dispose their oil, a necessary component of any place that works on vehicles. They just want to charge us to drive their cost down.

Rental car agencies do the same thing. They want you to pay for every aspect of their business. They say taxes are hurting them, but they have no problem pulling a bigger profit each year and falling into higher tax brackets. There is an argument that we can both make. The nature of car rental companies is a cash cow. They buy cars, rent them out for up to a year, then resell them as used collecting back all the rental money plus the cost of the car after depreciation. If they pull it off correctly everything is pure income. Corporations take advantage of taxes to add on a revenue stream to their income decreasing the overall cost of doing business, and government over-taxes everything that requires corporations to do this. It is a cozy relationship, business and government have. Honest people that want to be fair with pricing have a rough time in small business competing with these large