The 1st problem was believing what the politicians were telling
people. When the politicians were "selling" the 16th Amendment, it was
said it would only apply to the "super rich" which quickly came to
include a progressive tax on all income from all sources. At the time,
there was a general dislike of those who had made huge fortunes as the
country grew exponentially. I assume the media stirred those feelings
to increase the public's dislike. Then of course, they needed the IRS
(who have extraordinary policing powers) to police the population &
beat the bushes - and the public's collective butt - for every last
penny.
Just think how nice it would be to have a national sales tax with
no more "under the table" economies - every sale would be taxed and
there would be no deductions (the real estate agents will howl) but the
people will all have more money to work with - especially the middle class.
All IMNSHO of course.... ;-)
Have a great day -
Larry
On 5/28/2014 9:52 PM, G Mann wrote:
At the risk of entering the uber verboten arena of political comment, I
urge note be taken of the social security law as original. Participation
[by law] is voluntary, all money paid in goes to a special trust fund to be
held for those who pay in to the fund and participate [voluntary].
Using the investment rule of 7, what would be the value of 1 dollar, held
in an interest bearing trust fund, for 40 years?
What happened to the trust fund? [hint... see LBJ] Without further
commentary, [by myself] have we been quietly robbed?
On Wed, May 28, 2014 at 6:22 PM, Mountain Man <maontin....@gmail.com> wrote:
Grant wrote:
The "army of one" in action... not the "committee of many" such as we now
have running the show.
I would guess that the "army of one" in action might be what another
military president said - ask what you can do... for your country, not
what your country can do for you.
So... if they take my soon-to-be-applied-for social security... I
guess they can have it. I agree with the concepts the supposed Kock
Bros. say - end Social Security, even though it is my last dollar soon
to be applied for...
mao
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