Here come the fear-mongers, the prevaricators, and the fake news yellow journalists.
Our current tax system is broken.
The current federal income tax code, tax regulations, and explanations are unnecessarily complex and loaded with numerous deductions, exemptions, credits, preferential rates, and other loopholes that hurt our economy.
While there is a wide array of viewpoints on how best to fix our broken tax system, to get an accurate view, it is important to look at the existing tax system in the aggregate.
Overall, including the income, payroll, corporate and estate taxes, the lowest quintile paid 3.1 %, and the top 1 percent paid in the neighborhood of 35% of their expanded cash income.
Because huge amounts of money are involved, it will not be easy to change the existing tax laws. Moreover, the demographics involved—public and private—have reasons why they have kept the current broken tax code in place all of these years.
In the end, after much quarrelling, because of the difficulty of crafting a solution, we will stay with the present tax code, at least for the time being.
The biggest problem regarding our broken tax code and working toward an equitable tax solution, is the yellow journalist and the fake news outlets who throw out lies and distort facts on a daily basis.
It is noticeable that whenever these fake news whoosh specialists throw out their lies and distortion, they never offer a viable solution in their pieces. Most of the time, they don’t even offer a shred of truth and fact to substantiate their claims.
I hate taxes.
Out of all the dangers to our liberty, I believe the heavy tax burden inflicted upon the US Citizens by our corrupt politicians in DC is the most threatening.
It is bullying in its purest, evil form.
It is thievery at the end of the barrel of a gun.
In fact, it is straight out of the Mao Zedong playbook. Zedong made clear to the Central Committee of the Communist Party of China that all things grow out of the barrel of a gun, including political power.
Zedong believed—as all Marxist-Leninist-Maoists believe—that in order to acquire political power, armed combat is necessary.
There is too much money on the line.
With congressional perverts disbursing over $17, 000, 000 of our tax money to pay off the sexual victims of their revolting, nasty deviances, and using our tax money to fund their political corruptions and power play campaigns, the current DC politicians are too damn spoiled and rich with our money to give a damn about the latest revelations exposing the DC cesspool for what it is.
The corrupt, law-breaking lawmakers in DC believe we’re too stupid and weak to do anything about our fate.
More than this—they’re betting we don’t have the guts to stop them.
In the end, as things sit right now, armed conflict is the ultimate solution.
The leftists will not relinquish their hold on the media, our government, nor our pocketbooks, until we bury their carcasses in the coldest desert.
Every generation needs a revolution.
The time for ours is now.
Publius: Libertas Aut Mors
https://finance.yahoo.com/news/lowest-income-americans-bigger-hit-161206148.html
On twitter: https://twitter.com/baltazar_bolado
Author of: http://baltazarbolado.com/book/publius-liberatas-aut-mors/
http://baltazarbolado.com/book/paint-black/
The blog post The Barrel of a Gun—How the Leftists Acquire and Maintain Power is available on baltazar bolado
Source: http://www.baltazarbolado.com/the-barrel-of-a-gun-how-the-leftists-acquire-and-maintain-power/
source https://baltazarbolado1.wordpress.com/2017/11/28/the-barrel-of-a-gun-how-the-leftists-acquire-and-maintain-power/
