Taxation is Not Necessary

 

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The government does not collect taxes to fund their operation. They collect taxes to  control the people. The yield on the government's invested assets is more than enough fund the government.

In 2015 the government spent $3.8 trillion dollars, while the government's net worth increased by over $14 trillion.  Instead of taxing the people, Congress should use some of their existing assets to cover the cost of doing business.

The combined net worth of the 2017 class of the 400 richest Americans was $2.7 trillion, up from $2.4 trillion in the previous year. As of March 2018, the U.S. had 585 billionaires.

If their wealth was redistributed equally among the 330 million people their share would be approximately $65,000 for every man, women and child in the United States.

If the net worth of the United States which is $152 trillion was shared equally with all of the people we would all be entitled to approximately $460,000 each.

The asset of the wealthy American rightfully belongs to them, but the assets held by the government belong to the people.

I am not suggesting that the assets held by the government should be distributed to the people, but I am suggesting that the government stop taxing the people when the government has the assets necessary to fund the government.

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Replies

  • The combined net worth of the 2017 class of the 400 richest Americans was $2.7 trillion, up from $2.4 trillion in the previous year. As of March 2018, the U.S. had 585 billionaires.

    If their wealth was redistributed equally among the 330 million people their share would be approximately $65,000 for every man, women and child in the United States.

    If the net worth of the United States which is $152 trillion was shared equally with all of the people we would all be entitled to approximately $460,000 each.

    The asset of the wealthy American rightfully belongs to them, but the assets held by the government belong to the people.

  • I agree but just try to get it!!!

  • the creditor is the united nations, those who are greater and better than any of us no count humans!  at least that is what they believe and we continue to allow them to believe it!

  • To this I say,

    1. They don't use taxes to fund the government now. They use it to pay the interest on the loan of our own money.
    2. They don't actually have ANY net worth. WE do!
    3. They got their "assests" from the people in the first place. Then they use it to coerce cooperation from the states.
    4. Where did they get the authorization to privatize OUR money into "investments, AND;
    5. The LAST thing you want is the government to be "self-funding".
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