Quote:
Originally Posted by dsnellen
Beekeeper - you can't really believe this. Without taxes the government is unable to provide basic services for its citizens. This includes interstates, the miliitary, social security, etc. Unless your are a former or current senator, all US citizens will pay a tax on their earning regardless of how well they manage their money.
|
The US has had individual income taxes for 68 years.
It began during a national financial crisis, like which we are now sliding into again.
Federal Revenue from individual income taxes accounts for 28% of the total Federal Revenue.
The facts are:
1. Most of our nation's history has been without the assistance of individual income taxes.
2. We only recently began this.
3. This revenue stream for the Federal government does not provide the majority of Federal revenue.
And yes I do believe it.
Nearly a third of the nation's households manage their money in such a manner as to pay no income taxes.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
