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By printing money, the Federal Reserve has become a new IRS, which imposes taxes from taxpayers. The differences between Federal Reserve tax and IRS tax are:
As pointed out in other articles in the ACMA 2008 Special Report, the 2008 financial and economic crisis (someone called it 2nd Great Depression) was caused by the overspending, huge national debt, money printing/creating, etc. forced, hidden, invisible, secret taxes. When one dollar is printed/created, one dollar in people/taxpayer's hands will be cut to 50 cents. The money printing/creating hidden tax rate is 50%. For people lost their jobs, the forced tax rate is 100% of their incomes. So printing/creating money is robbing and looting American people by collecting high-rate forced, hidden, invisible, and secret taxes Among above taxing process, the anti-constitutional money printing/creating system -- Federal Reserve system -- has played a very important role to devaluate dollar and diminish people/taxpayer's purchasing power by 98%. It is due to such huge decrease of people/taxpayer's buying power that led to current 2nd Great Depression. To save the nation,
To do so, it is necessary to end the Federal Reserve's power to print money and taxing taxpayers. For more info on this issue, please click End The Fed. Related Links America's Weak Dollar Policy Amounts to the Biggest Currency Manipulation in Human History
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