100% Of Your Income Tax Goes To The Private Federal Reserve: Now we get to the central problem of the Income Tax, as well as the reason why it is so closely linked to the existence of the Federal Reserve. In 1984, as a response to President Ronald Reagan’s “Private Sector Survey on Cost Control,” an investigation of the income tax and the IRS was organized. It was called “The Grace Commission”:
After extensive accounting of where taxpayer funds are allocated, the Grace Commission came to a startling conclusion:
“100% of what is collected is absorbed solely by interest on the Federal Debt … all individual income tax revenues are gone before one nickel is spent on the services taxpayers expect from government.”
So, if every penny of the income tax goes to interest on Federal Debt, where are the Trillions of dollars required to run the U.S. coming from? All foreign investments combined could not account for the massive sums needed. The answer is quite simple: The Federal Reserve creates and lends the money, continuing the debt cycle, which as we all now know is leading to hyperinflation.
Essentially, not one penny of your income taxes goes to funding the programs and services you expect from Government, including schools, roads, sanitation, etc. Most of these services are actually covered by State taxes and taxes on goods such as gasoline, toll roads, along with many others.
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