Thanks Pan, I thought it was a great video.
I don't think either of the two main parties is willing to do what it is going to take to turn things around. Every party change spends its time undoing what the other set in place. Neither focusing on the the Fed an entity carrying the chase of a debt that by design can never be repaid. Today is ever more prevalent the going attitude is this is the way its supposed to be.
Many arguments have surfaced over taxable income. Questions over funding for civil service, roads, etc are presented to any opposing the income taxation has evolved to. So set income tax aside. Here are few, but not all tax considerations.
• Building Permit Tax
• Capital Gains Tax
• CDL license Tax
• Cigarette Tax
• Corporate Income Tax
• Court Fines (indirect taxes)
• Deficit spending
• Dog License Tax
• Federal Unemployment Tax (FUTA)
• Fishing License Tax
• Food License Tax
• Fuel permit tax
• Gasoline Tax
• Hunting License Tax
• Inflation
• Inheritance Tax Interest expense (tax on the money)
• Inventory tax IRS Interest Charges (tax on top of tax)
• IRS Penalties (tax on top of tax)
• Liquor Tax
• Local Income Tax
• Luxury Taxes
• Marriage License Tax
• Medicare Tax
• Property Tax
• Real Estate Tax
• Septic Permit Tax
• Service Charge Taxes
• Social Security Tax
• Road Usage Taxes (Truckers)
• Sales Taxes
• Recreational Vehicle Tax
• Road Toll Booth Taxes
• School Tax
• State Income Tax
• State Unemployment Tax (SUTA)
• Telephone federal excise tax
• Telephone federal universal service fee tax
• Telephone federal, state and local surcharge taxes
• Telephone minimum usage surcharge tax
• Telephone recurring and non-recurring charges tax
• Telephone state and local tax
• Telephone usage charge tax
• Toll Bridge Taxes
• Toll Tunnel Taxes
• Traffic Fines (indirect taxation)
• Trailer Registration Tax
• Utility Taxes
• Vehicle License Registration Tax
• Vehicle Sales Tax
• Watercraft Registration Tax
• Well Permit Tax
• Workers Compensation Tax
The best is yet to come with carbon taxes.
“I have unwittingly ruined my country. The growth of the nation, and therefore all of our activities, are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated governments in the civilized world”
source - “National Economy and the Banking System," Senate Documents Co. 3, No. 23, 76th Congress, 1st session, 1939
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To confine our attention to terrestrial matters would be to limit the human spirit.- Stephen Hawking
Last edited by Sun Tzu; 03-25-2009 at 10:15 PM..
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