Why do we pay (Federal) taxes?

[Rasputin_Vol]

Yes, this is a serious question.

 

[Y9 Vol]

So politicians can have money to give away to get elected over and over and over.

 

[Credo]

Military, social safety net, road maintenance, child welfare

 

[hog88]

Federal, state or local? Different answers depending.

 

[VolStrom]

Yes, this is a serious question.

Short answer is to pay for shared services among everyone that wouldn't be provided if not for a government, i.e. services that couldn't be provided and make a profit doing it.

 

[BigOrangeTrain]

There should be no tax on personal income

 

[hog88]

There should be no tax on personal income

Or corporate.

 

[BigOrangeTrain]

Or corporate.

I think the corporate tax rate is way too high. I do think corporations should pay some tax.

 

[Y9 Vol]

I think the corporate tax rate is way too high. I do think corporations should pay some tax.

As the owner of three businesses...BOOOOOOOOOOOOOO!!!!

 

[Rasputin_Vol]

Federal, state or local? Different answers depending.

Federal

 

[Rasputin_Vol]

Military, social safety net, road maintenance, child welfare

Blue font?

 

[VolStrom]

There should be no tax on personal income

So what should be taxed?

 

[Rasputin_Vol]

There should be no tax on personal income

I appreciate that reply, but that doesn't answer the question. Why do we pay taxes?

 

[VolStrom]

I foresee a Ras setup coming soon.

 

[BigOrangeTrain]

So what should be taxed?

Corporations. Even that should’ve very low. Why should we pay a tax for the federal reserve?

 

[VolStrom]

Corporations. Even that should’ve very low. Why should we pay a tax for the federal reserve?

Why don't you list the things the government does that we should do without.

 

[BigOrangeTrain]

I appreciate that reply, but that doesn't answer the question. Why do we pay taxes?

Well as far as personal income tax, that had to do with the Federal Reserve. They slithered their way into printing money and getting our gold. So because they are a financial institution, they needed a way to make money off the gold. So they used their power to get a personal income tax created. It’s purpose is to pay interest charges for the FR holding our money.

 

[Rasputin_Vol]

I foresee a Ras setup coming soon.

It really isn't hard to see where I'm going with this if you haven't been under a rock over the last 5 months...

 

[Orangeburst]

So they can control the value of money. Fed and income tax were created in 1913.

 

[Rasputin_Vol]

Well as far as personal income tax, that had to do with the Federal Reserve. They slithered their way into printing money and getting our gold. So because they are a financial institution, they needed a way to make money off the gold. So they used their power to get a personal income tax created. It’s purpose is to pay interest charges for the FR holding our money.

How is interest able to be paid? If the Fed only created $100, but charged 1% interest on that $100 it created, where would the 101st dollar come from that would cover the interest? Only $100 exist in this hypothetical situation. How would the interest be paid?

 

[BigOrangeTrain]

Why don't you list the things the government does that we should do without.

Don’t have to. If I work for it the government shouldn’t be taking what it wants.

 

[BigOrangeTrain]

How is interest able to be paid? If the Fed only created $100, but charged 1% interest on that $100 it created, where would the 101st dollar come from that would cover the interest? Only $100 exist in this hypothetical situation. How would the interest be paid?

The Federal Reserve should have never been granted the right to control our money. They are a central bank. How did our country ever survive before 1913?

 

[VolStrom]

Don’t have to. If I work for it the government shouldn’t be taking what it wants.

Okay, so how do you get to work? Did you create private roads? This can get pretty deep.

 

[Ten_Titans]

The military and interstate regulatory bodies.

Everything else can gtfo. But, you know, Socialism.

 

[SpaceCoastVol]

So what should be taxed?

Consumption.