Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: SeekAndFind

Abolish the IRS fund fed-gov via Tariffs ONLY like the good olde founders intended!


3 posted on 02/21/2017 1:47:43 PM PST by GraceG (Only a fool works hard in an environment where hard work is not appreciated...)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: GraceG

When Income Tax was first enacted, it started at 2%, on incomes over about $600,000 in todays dollars. In those days too, there was a relatively fixed amount of money in circulation. There was nowhere else to get it, than for government to tax some it back out of circulation, or tariffs.

With a printing press, it begs the question. Yes, it’s a little more complicated than the government printing up the money they need, but not much. Why are they taxing anyone in the first place?

The answer of course, is they want to reward some, and punish others, and general “social policy”, and the rest of it. Barky even said so out loud in public, that he didn’t care if a certain policy would reduce tax revenue, it was the “right thing to do”.


68 posted on 02/21/2017 3:08:35 PM PST by Freedom4US
[ Post Reply | Private Reply | To 3 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson