This has been a big mystery to me as I could never really explain where all the tax dollars go. I do know that the average employed American is working 4 to 5 months a year for our country. Naturally I assume that this money goes toward our roads bridges, schools infrastructure military and so on.
Then it occurred to me that I pay Real estate taxes to pay for local government and infrastructure improvement. While at the gas pump I realized I am paying again additional gas taxes, as goes for my electric, cable and phone bill. We are taxed again when we purchase items at the store with sales tax, and we are also taxed in ways than I cannot fully understand like through inflation and floating prices due to government policy. The worst so far has been the cost of energy, an increase that many blame on the war and oil. Yet there are many others I cannot even explain like tariffs, excise taxes, inheritance taxes and so on and so on. Without a doubt we are taxed on everything and yet I still do not understand where our income tax dollars go.
For fun I googled the income tax and up came a series of pages calling the income tax a fraud, many bloggers were demanding a fair tax and Aaron Russo a former 1998 Republican candidate for Governor of Nevada (Deceased) made a documentary called "Freedom to Fascism" claiming the income tax is illegal. However preposterous I did a bunch of research and got the most indepth lesson on tax code I could find. While I must admit it is beyond what I or much less the average person can understand it certainly has a great presentation on the tax code whose facts I cannot attest to be true as I am not a tax expert. The presentation is included for your entertainment. I would love feedback from any professionals on tax law but this presentation certainly seemed legit to me.
1 comment:
Read the Reagan Era Grace Commission Report. This should explain it clearly.
http://www.freecanadian.net/articles/grace.html
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