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AUTHOR: R Quinn on 10/13/2025
Did you know that the income tax amendment enacted 1913 was temporary or that income taxes are theft? Income taxes are voluntary because they are illegal. How about there is no need for property taxes even though they have funded local education since the 1840s?
Oh, Social Security is a scam. If you die early all you get is $250 and the government takes the rest of your money. If “they” hadn’t stolen the Social Security funds, we wouldn’t have a problem today. Did you know we seniors paid our dues and therefore have no more obligation to pay taxes!
Where did I get this nonsense? Not nonsense, it’s on social media thoughtfully posted (and too often believed) by the experts among our citizenry so it has to be true, right? And we are concerned about the lack of financial literacy😳
Perhaps ignorance about how government and taxes interact and what they provide is more of a concern?
Hey, the federal government spends about $18 billion a day, mostly on programs directly benefiting Americans, but tariffs can replace the income tax, right?
Estimates suggests that monthly tariff revenues might rise toward $40–$50 billion/month at peak levels which is about $1.6 billion per day – a tad short of $18 billion. Of course, the $18 billion being spent is about $5 billion a day more than revenue. The gross interest on debt alone is about $3 billion a day.
Between the uninformed, naive, gullible people reflected on social media and the real fiscal state of government finances, it’s not a pretty picture.
We are all in the same pickle jar and it’s really sour.
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