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The El Salvador president highlights hidden messages in the US financial system. High taxes aren't the issue; they don't fund the government. Instead, the government relies on printing money through treasury bonds, creating an illusion that taxes support it. This unsustainable system could lead to a collapse if not addressed by the next US president. Changes are needed to prevent a crisis like those in the past. Time is running out to avoid repeating history.

Politicians need to understand that high inflation is caused by the federal government, not the private sector. Wealthy individuals often lack insight into the struggles of everyday people. Many are suffering, and it's crucial to listen to their concerns. Engaging in endless wars is not sustainable, and there should be a focus on peace. The divisive rhetoric from leaders only exacerbates the anger in the country. Instead of labeling half the population negatively, we should promote unity and the American dream. Politicians must learn economics to grasp the true causes of inflation, which stem from government actions, not private enterprise.

Government has two main ways to raise money without increasing taxes: borrowing from the money market, which raises interest rates, or printing more money, both of which lead to inflation. Inflation is not just high prices; it reflects a decrease in the value of money when the money supply grows faster than the availability of goods and services. Wars often exacerbate inflation as production shifts to weapons rather than consumer goods. Raising taxes could alleviate the need to borrow or print money, but the public's tolerance for tax increases has been exceeded. Historically, people worked about a month to pay taxes; now it’s four months. Shifting the tax burden to businesses is ineffective, as they pass costs, including taxes, onto consumers. Ultimately, only individuals bear the tax burden.

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.

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

The financial situation in the United States is misunderstood. High taxes are often blamed, but they don't truly fund the government. Instead, the government relies on Treasury bonds, primarily purchased by the Federal Reserve, which prints money to buy them. This creates an illusion that taxes are necessary for funding. In reality, the government is financed by money printing, leading to a precarious bubble that could burst. If the public realizes this, confidence in the dollar could collapse, threatening Western civilization. Urgent policy changes are needed to prevent repeating past mistakes and to stabilize the economy before it's too late.

The most important thing to focus on is how much the government is spending, as that is the true tax. Every budget is balanced, whether through explicit taxes, inflation, or borrowing. The key is to keep government spending as a fraction of our income low. By doing so, we can stop worrying about the debt.

Focus on one key aspect: government spending, as it reflects the true tax burden. Every budget is balanced; if not through direct taxes, it's through inflation or borrowing. The priority should be to monitor government spending relative to our income. By controlling this spending, concerns about debt can be alleviated.

Inflation is a long-standing tax used by governments to take resources from their people for centuries.

The key focus should be on how much the government is spending, as that is the true tax. Every budget is balanced, meaning you are always paying for it, whether through explicit taxes, inflation, or borrowing. The important thing is to control government spending as a percentage of our income. By doing so, we can alleviate concerns about the debt.

The government will always spend whatever taxes yield and more. Government is currently too large, with programs that don't work and cause more harm than good. We don't need new government programs. We need to eliminate the ones that aren't effective.

Speaker 0 argues that money controllers make all rules and that America has become a socialist communist country, not capitalistic, because of a central bank. He says a central bank prevents capitalism and that prosperity is created by printing dollars or injecting digits into the economy, which results in an infusion of credit rather than real manufacturing or prosperity. Speaker 1 summarizes as a money planned economy. Speaker 0 asserts that with the creation of the Federal Reserve System, the government became dependent on private banks for money, and began taxing people. He states Social Security started in 1935, issuing Social Security cards with numbers on them and deducting money from paychecks under the belief it would fund retirement. He says income tax followed, enabled by Social Security, and notes the government now takes money out automatically, implying distrust of public willingness to pay. Speaker 1 comments that the government now controls the tax payment itself and that people are effectively slaves because taxes are taken automatically. Speaker 0 contends that through the Federal Reserve System, the government has become vested in bankers who profit from taxation, and that the bankers have taken control of the government, making Republicans and Democrats essentially the same since neither party proposes shutting down the Fed or stopping taxes or addressing major American issues. Speaker 1 introduces a personal connection: Nick Rockefeller, of the Rockefeller family, who, through an attorney, discussed with Speaker 0 the banking industry’s ultimate plan. Speaker 0 claims they discussed a global banking network, asserting that central banks exist worldwide, including in Germany, England, and Italy, and that central banking is part of the Communist Manifesto. He argues that two major planks—central banking and a graduated income tax—have been adopted in the United States as part of the Communist Manifesto, integrated via the Federal Reserve System. Speaker 0 then outlines the ultimate goal: to create a one-world government run by bankers, implemented in sections via the European currency, the euro, and the European constitution. He claims there is an effort to establish a North American Union in the United States and to create a new currency called the AMERO, all contributing to a worldwide government. Speaker 0 describes a future where every person is chipped with RFID, and all money exists in those chips. He claims money could be deducted digitally from the chip by authorities, eliminating cash, effectively giving total control to the authorities. He says protesters could have their chips turned off, leaving them unable to buy food or do anything, equating this to total control over people. Speaker 1 adds that the chip would be connected to a database containing purchasing records and other personal data. Speaker 0 reiterates the goal of a one-world government controlled by the banking industry, with everyone chipped and all money stored in chips, allowing control over every financial transaction and making people slaves or serfs to the bankers.

The US government prints its own money, so why borrow in the same currency? Confusion arises from the language and concepts surrounding this. The government prints money and sells bonds to borrow. This process leads to debt and deficit discussions.

I'm tired of how American citizens are treated as slaves. We're told to work hard and give up half our money, which is then mismanaged or sent overseas. Other countries don't work for our benefit, but we finance theirs. We're constantly working, while the government takes more than half our money through taxes. They claim it's the American Dream, but it's a joke. We're the world's ATM, and it needs to stop. We should be taught personal finance and taxes in school, instead of irrelevant subjects. The government wants us financially ignorant so they can oppress and steal from us. This isn't freedom. I'm tired of being financially oppressed by our own government.

The government can take your money with a twinkle in their eye and give it to someone else.

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 El Salvador president highlights hidden messages in the US financial system. High taxes are not the main issue; the problem lies in taxes not truly funding the government. The government relies on printing money backed by Treasury bonds, creating a bubble that could burst. If Americans and the world realize this, it could lead to a loss of currency confidence. Structural changes are needed to prevent a crisis.

High taxes in the US aren't the main issue; they don't fund the government. The government is financed by printing money through treasury bonds bought by the Fed. This creates an illusion that taxes support the government, but it's really money printing. If this truth is widely known, it could lead to a currency crisis. The next US president must make significant changes to prevent a collapse. Winning elections won't fix the problem; a complete overhaul of the government is necessary. It will be tough, but it's essential to secure the country's future.

I'm tired of how American citizens are treated like slaves. We're told to work hard and give up at least half of our money, which is then mismanaged or sent overseas. Other countries don't work for our benefit, but we work for theirs. We finance their well-being while our own problems go ignored. The idea of America being the land of the free is a joke. We work tirelessly while the government takes more than half of our money through various taxes. We're not taught personal finance or taxes in school because they want us to remain ignorant. This is not freedom, it's oppression. I'm tired of our government stealing from us and expecting us to be good to those who want to harm us. It needs to stop.

Every budget is balanced, and the true tax is government spending. If you're not paying for it through explicit taxes, you're paying through inflation or borrowing. The key is to monitor government spending, as this is the real tax. The main goal should be to keep government spending down as a fraction of our income. If government spending is controlled, concerns about the debt become less important.

The US government prints its own money, so why borrow in the same currency? Confusing language aside, the government sells bonds to borrow money. Despite the confusion, it's clear the government prints money and borrows, leading to debt and deficits.

The speaker claims that high taxes are not the core financial problem in the United States. They argue that taxes don't truly fund the government, which is instead financed by treasury bonds purchased by the Federal Reserve. The Fed buys these bonds by printing money, which is backed by the bonds themselves. Taxes exist, according to the speaker, to maintain the illusion of government funding. The speaker contends that the government is funded by printing money backed by paper, creating a bubble. If the public were to realize this, confidence in the dollar would collapse, potentially leading to the fall of Western civilization. The speaker urges the next president to implement necessary policy and structural changes to avoid this outcome.

High taxes in the U.S. are often blamed for financial issues, but the real problem lies in how the government is funded. While taxes are high, they don't truly finance the government. Instead, the government relies on treasury bonds, primarily purchased by the Federal Reserve, which prints money to buy them. This creates an illusion of funding through taxes, but in reality, the government is financed by money printed out of thin air. If people understood this, confidence in the dollar could collapse, leading to severe consequences for Western civilization. Urgent policy changes are needed to prevent a financial crisis similar to past mistakes. There’s still time to act before the situation worsens.

The government can take your money, tax the sunrise and the trees, and collect fees from businesses. They mix it up with eyes to make it all taste good. The government takes everything to pay for solutions like healthcare, climate change, and pollution, even if it means throwing away the Constitution. They can give a bailout and tell us to behave, making the founding fathers roll over in their graves. The government makes mistakes and is power-hungry, with fictitious economics. Instead of getting fired for failure, they give themselves a raise.

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.