|
About Us | Our Advertisers | Contact | Subscribe
RealEconTV
Business news without the bullshit
War and Taxes
In case you haven't figured it out yet,
you pay one to pay for the other
Disney says: "Pay your taxes"
There was no income tax in the US until World War I and the personal income tax was introduced - along with the IRS, the Fed, and other travesties - to pay for the war.
If you don't pay, they will come - with property seizures and sometimes armed if you really piss them off.
Like most of what the Federal government does, it's completely Unconstitutional. There's nothing in the Constitution that grants the government the right to tax income and there's absolutely no moral or economic reason for it.
...Except that the government likes to have wars and throw the population - which it has impoverished through taxes - the occasional "social service" bone.
Historically, taxes are to pay for war and repression, war to steal resources from people out of the country and repression to keep people in the country paying and quiet.
For more Government corruption videos, click here
See the complete catalog of
real econ tv videos
About Us | Privacy Policy | Contact
Legal disclaimer
The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions.
NO MATERIAL HERE CONSTITUTES "INVESTMENT ADVICE" NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, OPTIONS, BONDS OR FUTURES.
The author may have a position in any company or security mentioned herein. Actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility.
|
