View Single Post
Old 10-18-2009, 11:43 PM  
StickyGreen
.
 
StickyGreen's Avatar
 
Industry Role:
Join Date: Oct 2003
Posts: 13,076
The government doesn't need money from your labor to operate anyways, they have thousands of other taxes that take care of that. There was no federal income tax before the bankers got their central bank charter back in 1913 and the country ran fine. The late 1800's were booming. Taxes on your income are used to repay the interest on the money loaned to the treasury from the central bank.

Pretty fucked up considering the central bank doesn't even need to be there according to the constitution, the congress and treasury are supposed to control monetary policy and the issuance of money so that there is no need to pay interest to a central bank. Doesn't seem like Americans will ever figure this out though, even after they're told about it.
StickyGreen is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote