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Updated about 14 years ago on . Most recent reply

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Dale Osborn
  • Mobile Home Investor
  • Spanaway, WA
578
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1,922
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Taxing Americans to Death

Dale Osborn
  • Mobile Home Investor
  • Spanaway, WA
Posted

We fought a Revolution with England due to taxation without representation. Now, taxes will put an end to America as we have known it. By the USA creating a Central Bank - banks cannot go bankrupt. When they use up all their funds they simply print more. This is then packaged as a debt asset and sold on the open market. China is buying up this debt and has progressed from a backwards, poor country to a modern, opulent country. They are now calling for the dollar to be removed as the world standard for valuating currency. If this takes place, the collapse of America is eminent! How are these repaid? The government promises tax money to repay these debt assets. How will they be repaid - taxes have to go up, up and up! We should be out in the streets protesting the printing of the money that is raising the taxes. The average worker is already taxed to death, but only solution for the government will be to raise more taxes.

Most Popular Reply

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1,906
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Mitch Kronowit
  • SFR Investor
  • Orange County, CA
1,396
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1,906
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Mitch Kronowit
  • SFR Investor
  • Orange County, CA
Replied

"A penny saved is a congressional oversight."

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