The US National Debt is $26,823,787,560,999.00. By the time you have read that figure is has risen to $26,823,790,182,990.00, or more than $3,000,000, or $100,000 every 4 seconds.
With all this talk about paying Unconstitutional personal income taxes which is the communist’s BS mantra for “fair share” I thought I would educate those who are unaware of the truth. 100% of personal income tax collected goes to the bankers. I wonder who realizes this. I wonder when a President will run on abolishing the individual income tax and return to tariffs and taxes corporations as it was in this country until 1913.
The Grace Commission (formally known as the President’s Private Sector Survey on Cost control) and its reports were summarized in a report issued on January 12, 1984,
Research and read the entire 16 page GRACE COMMISSION REPORT (1981-1984) available here at HowardNema.com. The report was commissioned by President Reagan and revealed 100% of ALL PERSONAL INCOME TAX IS USED TO PAY INTEREST ON THE NATIONAL DEBT!
Of course, nothing has been done about this for 36 years.
Understanding this explain why the tax and spend democrats. It was the democrats who introduced and the media who supported and promoted the Federal Reserve Act on 1913 and the INCOME TAX ACT of 1913. The DNC are owned by central bankers and their corporatist special interest groups, whose companies pay little or no taxes. So the bankers bamboozled America to give them power over Our money supply.
While democrats have railed against and vilified companies and the rich for not paying their fair share, the pro-left pro-collectivist owned behemoths like Amazon and Google pay little or no taxes. To this day.
https://www.cnbc.com/2019/04/03/why-amazon-paid-no-federal-income-tax.html
Google avoids taxes. The multi-billion dollar corporation has been criticized by everyone but democrats and the left for shifting assets to shell companies in Bermuda, Ireland and elsewhere to shelter at least $33 billion of revenue.
It’s the same old story of a corporation avoiding taxes to maximize short-term profits and CEO pay-outs, while ordinary people are left to foot the bill for critical services American’s need.
Of course this is NEVER mentioned in the media or by the DNC or its leaders. But it is nonetheless true. The left/collectivist companies with the most profits are exempt from democrats contempt as middle class Americans, smaller corporations and mom and pop businesses pay practically ALL OF THE TAXES! THIS IS A BLATANT TAX SCAM!
HN
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