Author Topic: Grace Commisson Report on Income Taxes  (Read 603 times)

Bindare_Dundat

  • Getbig V
  • *****
  • Posts: 12227
  • KILL CENTRAL BANKS, BUY BITCOIN.
Grace Commisson Report on Income Taxes
« on: October 11, 2008, 06:55:45 PM »
One-third of all their taxes is consumed by waste and inefficiency in the Federal Government as we identified in our survey.
Another one-third of all their taxes escapes collection from others as the underground economy blossoms in direct proportion to tax increases and places even more pressure on law abiding taxpayers, promoting still more underground economy-a vicious cycle that must be broken.

With two-thirds of everyone's personal income taxes 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.

w8tlftr

  • Getbig V
  • *****
  • Posts: 5111
  • I ♥ ( o Y o )
Re: Grace Commisson Report on Income Taxes
« Reply #1 on: October 11, 2008, 07:45:44 PM »
One-third of all their taxes is consumed by waste and inefficiency in the Federal Government as we identified in our survey.
Another one-third of all their taxes escapes collection from others as the underground economy blossoms in direct proportion to tax increases and places even more pressure on law abiding taxpayers, promoting still more underground economy-a vicious cycle that must be broken.

With two-thirds of everyone's personal income taxes 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.

Stop you! With your truth and all.  ;D


Bindare_Dundat

  • Getbig V
  • *****
  • Posts: 12227
  • KILL CENTRAL BANKS, BUY BITCOIN.
Re: Grace Commisson Report on Income Taxes
« Reply #2 on: October 11, 2008, 08:02:12 PM »
Stop you! With your truth and all.  ;D



CNN has been talking about the issue of race in politics for the last hour and a half. You can always watch important stuff like that and pretend were not getting jammed in the ass through this tax.  ;D