dckingsfan wrote:stilldropin20 wrote:The biggest injustice in the entire United States is the Federal Reserve act of 1913.
This is the biggest deep state activity.
This is where all social justice warriors should begin their fight.
All of us. All Americans. Have become enslaved to the federal reserve act via income taxes which were created as collateral for the debt on our nation that this bank would create. We used to never pay income taxes in this country. Now we pay as much as 40% income taxes and another 10 to 15% salt.
That’s the biggest danger biggest problem we face. The federal reserve act allows us to borrow into a Bolivian 5% interest rates to the federal reserve bank.
Fix this. and you fix.nearly.every. other. single. problem. in. this. country.
I think income taxes in and of themselves aren't the singular problem. They are the least regressive of the taxes.
The issue are 1) not living within the receipts collected by the government and 2) creating all types of carveouts to those same the income taxes.
That’s one way to look at it.
Another way to look at it is if there were no income taxes used as collateral by our government to continue to borrow excessively from the federal reserve, then it would likely induce more responsible borrowing and spending.
Especially if instead of income taxes being used as collateral to borrow against, if the death tax was used to borrow against...that most of those carve outs and loopholes would likely get closed. And the death tax could be as much as 50% or higher.
More importantly, the wealthy elite ruling class would now have a vested interest in government spending less money not more.
So theoretically we would borrow less, spend less, and likely spend more responsibly. On programs that work. Because the wealthy rulling class would now have a vested interest and all of that becoming a reality Because it’s their money not the working class is money that she used to pay for all the government programs.
Fixing the Federal Reserve and the using income taxes as collateral for borrowing fixes many many many many other things that you talk about every single day in this thread.
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like i said, its a full rebuild.