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Hi Joe
Long time no see. Good to hear from you. I fear you are very right. In spite of
strenuous efforts by our creative accountants in Treasury to conceal the facts,
we (Social Creditors in NZ) have calculated that between 30% and 40% of our
total tax take is being spent on debt-servicing to the IMF, World Bank and our
own Private banks. It is obvious at that sort of rate taxation can only increase
to meet the multiple demands placed on government services unless those services
are drastically reduced. I presume that similar debt servicing rates are
prevalent throughout the western world, and they are certainly crippling 3rd
world countries. I cringe to think how much debt servicing is costing the USA.
It must be astronomical possibly the highest of all developed countries. It
is only the need for US dollars to buy oil that is maintaining the US dollar at
its present high exchange rate. If that monopoly is lost it would be
catastrophic for the US economy and would seriously damage world trade because
all the deficit debts incurred over the last 50 years will comehome to roost,
not a happy scenario.
It appears taxation and debt
size go hand in hand. High debts = High taxation, A vicious treadmill from which
there appears to be little chance of escape, hence increasing income
tax.
regards
Bill Mc G
I'm afraid that "temporary disease" (income tax)
will be around for a lot longer than you and I will, Bill.
I think part of the problem was mentioned by
Douglas in one of his shorter pieces, "Dictatorship By Taxation", where
he quoted Lord Stamp, (a director of the Bank of England at the time), about
how a people could be conditioned to "like" taxation.
In that speech he said,
"... not only will you have to pay the
taxes that you now have to pay, but, as Sir Josiah Stamp, one of the Directors
of the Bank of England, suggested a short time ago, with that engaging candour
which we are beginning to expect from the Bank of England,
"While a few years ago no one would have
believed it possible that a scale of taxation such as that at present existing
could be imposed upon the British public without revolution, I have every hope
that with skillful education and propaganda this scale can be very
considerably raised."
In regards to US politics, and their upcoming
Presidential election, it seems to me that the Democratic
Party's candidates are already engaging in some of that "skillful
education and propaganda". And shortly after their expected
success in the election, US citizens might see a scale of income
tax "very considerably raised".
Some of them,
anyways. As once again we enter a new phase
of the same old, "...we'll rob Peter to pay Paul" policy that's only ever
ended up making, and keeping, both poorer wherever it's been
tried.
Regards,
Joe
----- Original Message -----
Sent: Saturday, December 29, 2007 8:47
PM
Subject: Re: [socialcredit] Food For
Thought
Hi Joe
Absolutely
brilliant comments about taxation. Here is a snippet about Income
Tax
First introduced 1792 by William
Pitt the Younger PM of Britain as a TEMPORARY tax to provide funds to fight
against the French during the French Revolutionary Wars. 215 years seems a
fairly long "temporary time" to me. Instead it proliferated to infect the
rest of the world. I wonder if we will ever cure ourselves of this
"temporary" disease.
regards
Bill Mc G
----- Original Message -----
Sent: Friday, December 28, 2007 3:34
AM
Subject: [socialcredit] Food For
Thought
The following was forwarded me from a Quebec
friend of mine currently enjoying the Florida sunshine. Thought it
might be of interest.~ Joe
Subject: FOOD FOR THOUGHT
This
is too true to be very funny
The next time you hear a
politician use the word 'billion' in a casual
manner, think about
whether you want the 'politicians' spending YOUR
tax
money.
A billion is a difficult number to
comprehend, but one advertising
agency did a good job of putting
that figure into some perspective in
one of its
releases.
A. A billion seconds ago it was
1959.
B. A billion minutes ago Jesus was
alive.
C. A billion hours ago our ancestors
were
living in the Stone Age.
D. A billion days ago
no-one walked on the earth on two feet.
E. A billion dollars
ago was only 8 hours and 20 minutes, at the rate our government is
spending it.
While this thought is still fresh in our brain,
let's take a look at New
Orleans It's amazing what you can learn
with some simple division
Louisiana Senator, Mary Landrieu
(D), is presently asking the Congress
for $250 BILLION to rebuild
New Orleans . Interesting number, what does
it
mean?
A. Well, if you are one of 484,674 residents
of
New Orleans (every man, woman, child), you each get
$516,528.
B. Or, if you have one of the 188,251 homes
in
New Orleans , your home gets $1,329,787.
C. Or,
if you are a family of four, your family gets
$2,066,012.
Washington , D.C . HELLO!!! ... Are all your
calculator s broken??
Tax his land,
Tax his
wage,
Tax his bed in which he lays.
Tax his
tractor,
Tax his mule,
Teach him taxes is the
rule.
Tax his cow,
Tax his goat,
Tax his
pants,
Tax his coat.
Tax his ties,
Tax his
shirts,
Tax his work,
Tax his dirt.
Tax his
tobacco,
Tax his drink,
Tax him if he tries to
think.
Tax his booze,
Tax his beers,
If he
cries,
Tax his tears.
Tax his bills,
Tax his
gas,
Tax his notes,
Tax his cash.
Tax him good
and let him know
That after taxes, he has no dough.
If
he hollers,
Tax him more,
Tax him until he's good and
sore.
Tax his coffin,
Tax his grave,
Tax the
sod in which he lays.
Put these words upon his
tomb,
'Taxes drove me to my doom!'
And when he's
gone,
We won't re lax,
We'll still be after the
inheritance TAX!!
Accounts Receivable Tax
Building
Permit Tax
CDL License Tax
Cigarette
Tax
Corporate Income Tax
Dog License
Tax
Federal Income Tax
Federal Unemployment Tax
(FUTA)
Fishing License Tax
Food License
Tax
Fuel Perm it Tax
Gasoline Tax
Hunting
License Tax
Inheritance Tax
Inventory Tax
IRS
Interest Charges (tax on top of tax), IRS Penalties (tax on top
of
tax), Liquor Tax, Luxury Tax, Marriage License Tax, Medicare
Tax,
Property Tax, Real Estate Tax, Service charge taxes, Social
Security
Tax, Road Usage Tax (Truckers), Sales Taxes,
Recreational Vehicle Tax,
School Tax, State Income Tax, State
Unemployment Tax (SUTA), Telephone
Federal Excise Tax, Telephone
Federal Universal Service Fe e Tax,
Telephone Federal, State and
Local Su rcharge Tax, Telephone Minimum
Usage Su rcharge Tax,
Telephone Recurring and Non-recurring Charges Tax,
Telephone
State and Local Tax, Telephone Usage Charge Tax, Utility
Tax,
Vehicle License Registration Tax, Vehicle Sales Tax,
Watercraft
Registration Tax, Well Permit Tax, Workers
Compensation Tax.
STILL THINK THIS IS FUNNY?
Not one
of these taxes existed 100 years ago, and our nation was the
most
prosperous in the world.
We had absolutely no national debt, had
the largest middle class in the
world, and Mom stayed home to
raise the kids.
What happened? Can you spell
'politicians!'
And I still have to 'press
1' for
English.
I hope this goes around THE
USA at least
100 times
What the heck happened?????
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Re: Food For Thoug
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