The amount of money that is allocated to the budget is equal to the amount of money collected in taxes. The government has approximately 650 million acres of land and over 400,000 office buildings in addition to 100 trillion dollars of investments. Last year the United States generated 2.5 trillion in tax revenue and another 5 trillion dollars in investment income. The government generated a total of 7.5 trillion and Congress allocated 2.5 trillion to fund the government. Why doesn't Congress allocated some of the 100 trillion dollars that they have invested to the budget.
Last year Congress spent 3.8 trillion of the 7.5 trillion dollars that it generated. The government had a surplus of 3.7 trillion dollars. If the government gave everyone a tax refund equal to what they paid in taxes last year, the government would still have a surplus of over one trillion dollars.
Rather than covering the deficits by allocating more money to the budget, Congress borrows more and more money to cover the fictitious deficit.
With an investment yield of 5 trillion dollars a year, the government could abolish the IRS and the income forever and still have surpluses.
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If you have monthly income of $5,000 and you spent $6,000 would you make up the difference by transferring $1,000 from your savings account or would you borrow $1,000 from the bank. If you were a member of Congress, you would simply raise the debt ceiling and borrow pieces of worthless paper from the Federal Reserve.
The government should not be able to borrow money without the approval of three-fourths of the state legislatures. What do you think?
Are the members of Congress stupid or are they working for the bankers? What is your opinion?
Why is it that none of the Representatives in Congress want to borrow money from the bankers and increase our national debt when all they have to do is allocate more money to the budget by transferring funds from the off budget accounts?
Executive Order 13603 is Obama's authority to tap American retirement accounts! #communism
The IRS is closing down. The Federal Reserve is closing down. The criminals in Washington DC that are in fact a corrupt corporation with the same name as our country, the united states are about to be arrested. We are about to witness what many of us have been waiting for, working for and wanting to happen for decades. The two top dogs at the Vatican resigned last week and Ben Zionist banker Bernanke announced he is leaving the Federal Reserve as of Sept. 1st. In the last two years over 700 high level bankers, mostly CEO's have resigned all over the world. Anyone can check this by doing a search on things like banker resignations. At a point in the very near future no one will have a house payment any more. No one will be charged rent or be making a house payment because the entire corrupt banking system is closing down, and many many of the criminals will be arrested. You never got a home loan. You were lied to. This fraud effects people in real estate, and at the title offices because they have been perpetuating this fraud for about 100 years. No more. Good times are coming for everyone in the next days and weeks. Don't worry, be happy!!! Goodbye IRS!!!