Posted on 01/13/2016 5:38:34 PM PST by Olog-hai
The federal government took in a record of approximately $765,645,000,000 in tax revenues in the first three months of fiscal 2016 (Oct. 1, 2015 through Dec. 31, 2015), according to the Monthly Treasury Statement released today.
That equaled approximately $5,107 for every person in the country who had either a full or a part-time job in December.
It is also an increase of about $24,288,810,000 in constant 2015 dollars from the $741,356,190,000 in revenue (in constant 2015 dollars) that the Treasury took in during the first three months of fiscal 2015. ...
(Excerpt) Read more at cnsnews.com ...
And still bigmouth RINOs will try to pretend being against that after enabling it.
Been paying my share since 1971 ...
https://www.youtube.com/watch?v=U7-a4N4MjME&list=PL426YtJGf0kkw7W0j5VFWlnLdc95tQ1cn&index=57
Feds Still Run $215.5B Deficit. Hoe many of O’Bamas Family “Vacations”/Golf Games/Michels shopping trips by Air Force 1 is that?
How long will hard working Americans will be enablers?
No matter how much is taken by the Leviathan, it will not be enough ...
As long as we continue to let them. When enough people decide to revolt against the tax system and refuse to write checks to the IRS, then, and only then will we be freed slaves.
What a difference a decade makes, eh.
Note that a previous generation of state sovereignty-respecting justices had clarified that Congress is prohibited from appropriating taxes in the name of state power issues, essentially any issue that Congress cannot justify under its constitutional Article I, Section 8-limited powers. This is evidenced by the excerpt below.
Congress is not empowered to tax for those purposes which are within the exclusive province of the States. - Justice John Marshall, Gibbons v. Ogden, 1824.
In fact, based on the Courts statement above, here is a rough approximation of how much taxpayers should be paying Congress annually to perform its Section 8-limited power duties.
Given that the plurality of clauses in Section 8 deal with defense, and given that the Department of Defense budget for 2015 was $500+ billion, I will generously round up the $500+ billion figure to $1 trillion (but probably much less) as the annual price tag of the federal government to the taxpayers.
In other words, the corrupt media, including Obama guard dog Fx News, should not be reporting multi-trillion dollar annual federal budgets without mentioning the Supreme Courts clarification of Congresss limited power to appropriate taxes in budget discussions.
Remember in November!
When patriots elect Trump, or whatever conservative they elect, they need to also elect a new, state sovereignty-respecting Congress that will work within its Section 8-limited powers to support the new president.
Also consider that such a Congress would probably be willing to fire state sovereignty-ignoring activist justices.
Obama The Spendthrift
As a senator, Barack Obama voted against raising the debt ceiling in 2006.
At the beginning of 2006 the national debt was about $8 trillion and 60% of GDP.
At the beginmning of 2009 when Obama took office as president the national debt was about $10 trillion and 67% of GDP.
Today the national debt is $18.9 trillion and 104% of GDP.
(It is 128% of the 2006 GDP)
National Debt Clock:
Obama: A masterful liar or delusional or both.
Not much longer for this one .... I WISH I only paid that much in federal taxes.....thieving bastards!!!!!
Both.
He is a certifiable psychopath.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.