The last 45 minutes talk about how the US dollar is worth virtually nothing, and the new ID card coming next year.
Let's hope Ron Paul, or someone who understands economics and respects the constitution, wins the election.
I have no problem with a federal income tax. The central government of the USA has to have money to operate and most of that is generated from income tax.
As far as the deflation of the American dollar..... it's even simpler than economics. The poor worth of the dollar is due to simply..... greed.
The dollar is inflated because the US went off the gold standard and the federal reserve is now able to create money out of thin air. Money used to be a "receipt" saying how much gold you had. You could go and actually get gold in exchange for your money.
With the gold standard, money remained steady and didn't inflate.
And if (when?) OPEC begins trading oil in Euros and not dollars, the value of the American greenback will plummet even further. The result will be brutal, to say the least.
i didnt really understand taxes or anything til this year. i didnt need to really.
anyway, i have a job so when i hit 16, took econ, and learned alot. yea i kinda realized how much we actually pay regarding your comment- and i dont even have to pay it all yet...
im not really sure about this one were talking about so id rather listen to everyone than voice an uneducated opinion...id
rather just ask a question.
im confused, what the fed. income task actually goes towards?
i read that list and it seems other things cover alot- so what does it go to, and do they really need as much as they take? it would seem to me that because of all those other taxes, they shouldnt be needed so much for fed income.
im confused, what the fed. income task actually goes towards?