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The speaker discusses taxation without representation in the US, highlighting how Americans pay roughly 50% of their income in various taxes. They break down the different taxes they pay, including income tax, property tax, and sales tax, showing how it adds up to nearly 50%. Despite this high tax burden, they express frustration at the lack of benefits and services they receive in return, such as affordable healthcare, nutritious food, and quality infrastructure. The speaker criticizes the government for not adequately representing the interests of taxpayers.

You're being taxed through government spending, whether directly or indirectly, leading to inflation or wasted money. The Department of Government Efficiency aims to address this issue. Our goal is to reduce government interference in your finances.

I have a simple suggestion: a crypto tax. Crypto wants to be legal and regulated, so why not charge every transaction in the U.S. a tiny 0.01% tax, just 1 basis point, in its native currency? If you trade Solana for Ethereum, the government would take a modest tax in the native crypto and put it in a stockpile. This seems like a very reasonable way to get crypto regulated. That's how taxes always start, very modest. When income tax began, it only applied to a thousand Americans, with legislators promising it would never affect the middle class. I don't like new taxes, even if they are promised to not affect people very much, this sounds burdensome.

The US financial situation has some symptoms that are difficult to diagnose. Many believe the problem is high taxes, and while US taxes are indeed very high, that's not the core issue. The real problem is that even with high taxes, they aren't truly funding the government. Instead, the government is financed by treasury bonds, largely bought by the Federal Reserve. The Fed buys these by printing money, backed by the treasury bonds themselves. Essentially, the government is financed by printing money out of thin air. One might ask, if the government can print unlimited money, why collect taxes at all? The shocking answer is that high taxes exist to maintain the illusion that you are funding the government, which you are actually not.

I'm done being the federal government's piggy bank. I'm tired of hearing about trillions of unaccounted dollars while the IRS is seizing our assets and wages. We're overtaxed while congresspeople get away with insider trading and pay next to nothing. My husband and I pay more in taxes than some people make in a year. I won't do it anymore. We need to protest in the streets and demand a tax halt. I don't care if the states or the federal government suffers, especially when they're wasting our money on ridiculous studies. I’m struggling to afford groceries and gas. We need a tax halt until they figure this out, President Trump. Period.

Speaker 0: There is no law. And to date, nobody has been able to show that there is a law for the average American citizen working day in and day out to pay an income tax. Speaker 1: But We, The People Foundation for Constitutional Education put a full page ad in The USA Today on 07/07/2000. And within the body of that ad was a $50,000 challenge for anyone that could show the law. And to me, $50,000 is a lot of money. So I went after that and did the research based on the fact that I thought, let's put this baby to bed. I'm hearing all these rumors. You know, I'm gonna kill two birds with one stone. I'll answer these people's questions they're asking me, and then I win this $50,000. And, you know, based on the research that I did throughout the year 2000 and that I'm still doing, I have not found that law. I've asked congress. We've asked a lot of people in the IRS, IRS commissioners, helpers. They can't answer because if they answer, the American people are gonna know that this whole thing is a fraud. Speaker 2: There is no law. There is no law that requires the average American worker in the private sector to pay a direct unapportioned tax on their labor and compensation for services. There is no law. Speaker 3: I really expected that, of course, there's a law that you can point to in the law book, the code, that requires you to file a tax return. Of course, there is. I mean, I don't know what it is right then as we as he was speaking to me, but sure. So, naively, I agreed to go off and research it and get back to him. Three and a half months later, I was at that point where I couldn't find the statute that clearly made a person liable, at least not me and, most people I know. And I had no no choice in my mind except to to resign. Speaker 4: I had to leave the IRS because I presented, evidence that I had accumulated indicating that the agency was violating the law and violating people's rights. And I asked the agency for a response to my sincere concerns, and the answer I got was that they would not respond to my concerns and that they would, provide me with the paperwork necessary to tender my resignation. Speaker 5: You can look through the statutes and look for the law that requires you to pay. And when you do that, you can't identify a law that requires the average person in America who earns a wage and works in private business to pay an income tax. Speaker 2: American citizens, along with the foundation, have been asking the IRS to specifically provide them with the the underlying legal foundation upon which they administer and enforce the personal income tax laws in our country. Speaker 3: At the national level, when people would attempt to contact somebody of a much higher authority, say the cons the commissioner, same kind of thing. They wouldn't get they would get answers that were in effect non answers. Speaker 6: You have to understand that an agency which will unlawfully impose a tax that doesn't exist it's not gonna care. If we, the people, don't know what our rights are, they're not gonna tell us. Speaker 4: If Americans just learned that the IRS was actually knowingly deceiving them, that that enough that would be enough for them to rise up and put a stop to it. Speaker 7: 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. People have been told, you know, that you need this income tax system to fund government, is absolutely ridiculous. I mean, my question is, well, if that's true, how did we fund government from 1776 to 1913? Speaker 8: The main purpose of the income tax is not to raise revenue, but to redistribute wealth and to control society. And a lot Speaker 9: of people might say, well, gee, if there wasn't an income tax, what would happen to education? They don't understand that education is paid for, for the most part, out of state and local taxes, your property tax. People might say, well, how are we going to build and maintain our highways if there's no money coming into the government? We need our highways. There is a tax on every gallon of gasoline that people buy. Proceeds from the income tax do not pay for highway construction. Speaker 10: I believe that in both spirit and substance, our tax system has come to be un American. Death and taxes may be inevitable, but unjust taxes

Today, nearly half of every dollar earned in the U.S. goes to taxes, often unnoticed because they are embedded in business costs. Politicians advocate for taxing businesses to help the average person, but these taxes ultimately increase product prices, acting as a hidden sales tax. There are numerous such taxes affecting consumers. Additionally, there is a call to raise corporate taxes to ensure that large corporations and billionaires contribute their fair share. While success is not criticized, the emphasis is on the importance of equitable tax contributions from those who can afford it.

We went from a small tax on tea to being heavily taxed on everything - from earning money to spending it, commuting, owning a home, and even dying. The complexity of our tax system is overwhelming, with over 26,100 pages in the federal tax code alone, not to mention thousands more IRS regulations written by bureaucrats. It's a never-ending cycle of taxation on every aspect of our lives.

We started with a small tax revolt, but now we're taxed on everything - earning, spending, saving, investing, and even dying. We pay taxes on our commute, work, and home, which we already bought with taxed money. The more we earn, the more the government takes. Taxes are everywhere, from our morning coffee to our paycheck.

Many of you benefited from the $1.9 trillion tax cut, which is great to hear. However, if you're like me, your taxes will actually increase, not decrease.

Someone questions why money is taxed multiple times. They describe a scenario where someone gives them $500 that has already been taxed. They then have to pay taxes on that $500. When they spend any of that money, they pay taxes on the item they purchase. The person they bought the item from also has to pay taxes on the money received. They suggest that every dollar is taxed repeatedly.

Speaker 0: In America, we don't have a tax problem. We've got a third world problem. This is not an exaggeration. The United States collects over $2,400,000,000,000 in income taxes every year and then burns $1,500,000,000,000 through fraud, waste, and third world robbery. If the elites actually did their jobs and cut out the waste, the government would only need about $900,000,000,000 to function. And here's the crazy part. That would mean anyone earning under $500,000 a year could pay zero income tax, and everything would still be fully funded. So if this money isn't funding our future, whose dream is it really building? Look at Minnesota. The Somali daycare scandal gave us the answer. Billions of dollars you worked for, money meant to feed hungry kids, was diverted through fake daycare centers, phantom meals, and paperwork designed to approve. Not question, no kids, no food, just checks. Your hard earned labor was turned into Lamborghinis, beachfront mansions, and luxury vacations most of us will never experience even after a lifetime of honest work. On top of that, your tax dollars were routed to foreign organizations The US Military is fighting. Let that sink in. We went from defending liberty to bankrolling the threat. That's not compassion. That's collapse. And when systems fail like this, they don't admit mistakes. They don't apologize for wasting your money. They dig deeper into your pockets to fund their failure.

The speaker, a truck driver, discusses the implications of carbon taxes on the goods and services that consumers buy. They share their fuel bill, which includes regular clear diesel, dyed diesel, and diesel exhaust fluid. The total bill for their fuel is $3,402, with $1,365 worth of taxes. This includes a federal tax, provincial tax, carbon tax, and GST. The speaker expresses frustration with the tax on tax on tax system and emphasizes that consumers are ultimately paying for it. They urge people to fight back against these taxes.

My conservative friends believe high taxes are the issue, but the real problem is that taxes don't fund the government. The government is mainly financed by printing money through treasury bonds bought by the fed. Taxes are collected to maintain the illusion that they fund the government, but in reality, money is printed out of thin air to finance it.

Joe Biden and another speaker plan to get rid of a tax bill/cut. Proposals include raising the corporate tax rate, increasing estate taxes, and taxing capital gains. One speaker believes unrealized gains should be taxed, while another finds taxing what you don't have unfair. It is argued that property tax is already a tax on unrealized gains, as homeowners pay higher taxes when their home value increases, even without selling. A carbon fee is also proposed, with the caveat that there should be a connection between the fee and bad behaviors. It must be monitored whether the fee will be passed on to consumers, but this should not be a reason to avoid implementing a carbon fee.

The real tax on Americans is government spending. If the government spends $450 billion but only raises $400 billion in taxes, the public pays the $50 billion difference. Inflation is a form of taxation. If government spending exceeds revenue, the difference is met by printing money or borrowing from the public.

The speaker, a former IRS agent, shares her experience working for the IRS and her realization that the income tax system is fraudulent. She explains how the IRS uses tactics to make people believe they owe more money than they actually do. After leaving the IRS, she researched and discovered evidence that the income tax is not necessary for running the country. She also discusses the Federal Reserve and its non-federal nature, as well as the media's influence in suppressing this information. The speaker encourages people to do their own research and make informed decisions about paying taxes. She emphasizes the importance of understanding the system and taking action to bring the country back on track.

We went from fighting a 2% tax on tea during the revolution to being taxed on money in various ways today. Taxes are imposed on income, spending, saving, investing, and even driving. The government takes more as you earn more. The federal tax code is 26,100 pages, with over 9,000 additional IRS regulations. Despite this, infrastructure funded by taxpayers is deteriorating. Our founding fathers would be displeased with the current tax system.

Today, nearly half of every dollar earned in the U.S. goes to taxes, often unnoticed because they are embedded in business costs. Politicians advocate for taxing businesses to help the average person, but these taxes ultimately increase product prices, acting as a hidden sales tax. There are numerous such taxes affecting consumers. Additionally, there is a call to raise corporate taxes to ensure that large corporations and billionaires contribute their fair share. While success is commendable, it is crucial that everyone pays their fair share of taxes.

Transparent financing and spending are crucial for political viability. The bill was crafted to avoid being scored as a tax by the CBO, which would have led to its failure. If it had explicitly stated that healthy individuals would pay while sick individuals received benefits, it wouldn’t have passed. The lack of transparency played a significant role in its acceptance. At an academic conference, I discussed a proposal to tax insurance companies selling expensive plans instead of directly taxing individuals. This approach cleverly exploits the public's limited economic understanding. Ultimately, the tax on insurance companies would lead to higher prices, negating the tax benefits for consumers, but it was framed in a way that resonated politically.

I just exchanged my Oura ring and had to pay $7 extra because of California's higher taxes. It feels like we're constantly getting screwed here. Income tax, state tax, property tax, plus random illegal taxes in LA, even when you sell at a loss. It's frustrating because essential services are lacking. My house was robbed, and it's hard to get a cop when you need one. The fire department is understaffed. Yet, we keep paying more and more, and they waste billions on homelessness without any improvement. I'm not trying to be political, but as a parent, I want to provide for my kids and keep them safe. It's hard when they take everything we earn. Everything costs more here and we're getting nothing in return. I work hard, so I have every right to complain.

The speaker, a truck driver, discusses the impact of carbon taxes on the goods and services that consumers buy. They share their fuel bill, which includes regular clear diesel, dyed diesel, and diesel exhaust fluid. The total bill for their fuel is $3,402, with $1,365 worth of taxes. This includes a federal tax, provincial tax, carbon tax, and GST. The speaker expresses frustration with the tax on tax on tax system and highlights that consumers are ultimately paying for it. They urge people to fight back against these taxes.

Governments now take nearly half of every dollar earned, with many taxes hidden in business costs, ultimately paid by consumers. Tax reform is needed to simplify the system, making it easier for individuals to understand their obligations without needing legal help. The government has become overly complex, with public employees influencing policy more than elected officials. Special interest groups often hinder progress, pushing agendas that can raise costs unnecessarily. To combat inflation, a balanced budget is essential, requiring lawmakers to pair spending proposals with tax plans. People often support programs without realizing the true costs. The current regulatory system places the burden of proof on individuals, complicating accountability. There's significant waste in government spending, and a realignment of political parties could help clarify their distinct values and responsibilities.

Government spending is often seen as free, but this is a myth. The belief that businesses can be taxed without impacting individuals is flawed; only people pay taxes. Taxes on businesses ultimately come from workers, customers, or shareholders. For example, the Social Security tax is often misrepresented as being shared between employers and employees, but it ultimately affects the employee's wage. Similarly, corporate taxes are paid by consumers or employees through reduced wages or higher prices. Additionally, printing money does not create wealth; it leads to inflation, which acts as a hidden tax on everyone. In essence, all government spending comes at a cost to individuals.

When we were younger, taxes were around 15% of earnings; now they approach 50%. Many don’t realize that business taxes are ultimately passed on to consumers as hidden costs. Tax reform is needed to simplify the system, eliminating the necessity for lawyers to navigate it. The government has become overly complex, with a large number of public employees influencing policy more than elected officials. Citizens must engage more actively in local governance. Special interest groups often overshadow businesses in policy influence. To address inflation, a balanced budget is essential, which requires discipline in spending. Legislators should propose funding alongside new spending programs to clarify costs to the public. The federal government is bloated, and significant cuts could be made. Political parties should clearly define their differences and stand firm on their values.