During the Sept. 26, 2016, debate, Hillary Clinton blasted Donald Trump for not paying income taxes! He doesn’t support our troops! Not to be outdone, The Donald immediately fired back, saying not paying taxes makes him smart. Oh, the firestorm that followed. Trump doesn’t pay his “fair share”! OK, let’s examine the federal “income” tax.
Laws for the IRS, aka the Gestapo, are written by lawyers for Congress critters. Many in Congress are lawyers, so they should understand what they vote on regarding regulations for any agency. Mrs. Clinton was a lawyer, so she, too, should be aware of what is covered in the IRC (Income Tax Code).
It should be noted the New York Times illegally obtained three pages of Trump’s 1995 personal tax returns – page one from a New York state resident income tax return, page one from a New Jersey nonresident tax return and page one from a Connecticut nonresident tax return. The big revelation by the Times involving 20-year-old documents isn’t quite as earth-shattering as the paper would like you to believe. Lawfully taken deductions can be complicated under the tax code.
Trump’s accountants surely are well-versed in what Trump can and cannot deduct to reduce his tax burden. It’s done all the time, and Trump would be stupid not to take advantage of tax breaks or deductions available to everyone forced with a gun to their head to file a federal “income” tax return. I have no doubt many reading this column as well as Clinton’s mega-wealthy friends also use deductions allowed under the IRC to reduce their tax burden – even to zero.
As for Trump not paying taxes and therefore not supporting American troops – false. Hillary should know the truth, but even if she does I guarantee you the truth will never escape her lips. Documents from Trump’s application for a casino license do indeed show he paid personal “income” taxes, but those taxes do not support American troops. Only excise taxes Trump might pay would do so, those levied on cigarettes, alcohol, tobacco products, firearms, tires and things of that nature.
Long ago Ronald Reagan requested information on how to cut down on government waste, although he didn’t seem to have a problem signing budgets that included hundreds of billions of dollars in unconstitutional spending. That report was released by the Grace Commission; the formal name is the President’s Private Sector Survey on Cost Control, which was issued on Jan. 12, 1984. On page 12 is what Congress, Clinton and the disgraced media won’t tell you:
“With two-thirds of everyone’s personal income tax wasted or not collected, 100 percent of what is collected is absorbed solely by interest on the federal debt and by Federal Government contributions to transfer payments. In other words, all individual income tax revenues are gone before one nickel is spent on the services which taxpayers expect from their government.” [Emphasis added.]
Those individual “income” taxes you voluntarily pay don’t fund the military or anything else. They go for transfer payments. That would be the exorbitant interest paid to the unconstitutional “Federal” Reserve for renting our own money, U.N. dues and foreign banking interests like the corrupt IMF (International Monetary Fund) – the fruits of your labor stolen from us to throw around the world. Nowhere in the U.S. Constitution does it give Congress any authority to steal from us to throw those funds to foreign banking entities or the big money racket known as the U.N.
The next question that immediately follows: If not a single function of the federal government is funded by the “income” tax, how does the government pay the bills they rack up in every bloated budget sent to a president? Every penny is borrowed with the interest slapped on our backs, our children, grandchildren and their children. But, the day of reckoning is closing in.
The government collects corporate taxes, excise taxes and makes money on military hardware sales. It’s not enough, and since all the personal “income” tax collected goes for transfer payments, those duplicitous crooks in Congress go to the candy store, the Fed and foreign governments to keep borrowing. That’s how the “national debt” continues to grow into the trillions. Sadly, Thomas Jefferson’s wisdom has been ignored:
“Then I say, the earth belongs to each of these generations during its course, fully and in its own right. The second generation receives it clear of the debts and incumbrances of the first, the third of the second, and so on. For if the first could charge it with a debt, then the earth would belong to the dead and not to the living generation. Then, no generation can contract debts greater than may be paid during the course of its own existence.” –Thomas Jefferson to James Madison, 1789. ME 7:455
It’s why I wrote my recently released book, “Taking Politics Out of Solutions.” The majority of Americans have little to zero understanding of how government systems/programs work. They see out-of-control spending but don’t see more than half of all cabinet agencies are unconstitutional. They have no understanding of fiat currency issued by the unconstitutional “Federal” Reserve and why it always results in financial meltdown and collapse.
Millions of well-meaning Americans are trying to fight back against such financial skullduggery, but you can’t solve a problem if you don’t know how it started. I knew virtually nothing about all this until I began my journey 26 years ago in seeking out the truth.
The solutions are there – and not just for what I covered above but what I explain in detail in my book: what to do about the VA, the unconstitutional “Federal” Department of Education, Medicare and Social Security, those dangerous “smart” meters on tens of millions of homes – not to mention the ongoing destruction from Fukushima and more. Knowledge is power but only if we have it to use.