Look Who's Cooking the Books
The Federal Government collected a little over 3 trillion dollars in taxes and earned over $14 trillion on their stock market investments. In fiscal year 2015, the federal budget is $3.8 trillion.
It is estimated that city, county, state and Federal government entities own over 70% of the stock in the Fortune 500 Companies!
With over 17 trillion dollars in revenue only 3.8 trillion was allocated to the budget and the remaining balance of over 13 trillion dollars is hidden from public view. The Federal government does not need to tax the people. In fact, their hidden surplus could pay off all existing mortgages and student loans as well as providing free health care for everyone.
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If you owed $50,000 what would you do? Would you transfer some of your other assets or would you go to the bank and borrow the money?
It you had $100,000 in stock market investment and another summer cabin worth $250,000 you could pay off your debt without having to borrow any money.
Why does the government continue to borrow money when the government has over 200 trillion dollars in assets hidden in secret hidden bank accounts?
The purpose of taxes is not to generate money for the government, it is to enslave the people. The goal of the bankers is to enslave the people by loaning as much money as possible to the government.
By 2014, according to the actuaries, the U.S. government will own $921 billion worth of shares of American corporations.
This was just social security system alone
per http://www.aei.org/publication/government-investing-in-the-stock-ma...