LIBERTY: Federal Long Distance tax ends … … but look at inflation as a tax!

http://www.averyjparker.com/2006/05/26/federal-long-distance-tax-ends/

***Begin Quote***

Federal Long Distance tax ends….

I think at one point I’ve said that once taxes are put in place they tend NEVER to go away. Well, I must admit I’m wrong. 108 years ago in an effort to help finance the Spanish American War, long distance telephone taxes went into place. The tax will no longer be in effect as of July 31, 2006. Supposedly, we will be able to file for a refund of our last three years worth of long-distance taxes for land/cell phones in the 2006 tax returns. I stand corrected… once taxes are put in place they ALMOST Never go away (and if it’s for a specific purpose, it may hang around long after that purpose is completed.)

***End Quote***

True. This tax final went away. Probably because people were tying the tax and the purpose together. It was making the gummamint look stupid.

Let's look at the biggest tax scam. It's not the Social Security "Insurance" ponzi scheme. Nor is it the Federal Income Tax. Nor is it the Alternative Minimum Tax. Nor is it the National Debt that they keep recapping higher and higer as needed. Now those are all big taxes. Between them, I'd estimate that more than half of your annual earnings are stolen by the gummamint.

No, the bigest scam is inflation.

Don't let the gummamint distract you by talking about price inflation. Get down to basics. What is a "dollar"? That's right, it is just a piece of paper with funny printing that people with give you stuff in exchange for them.

The biggest hidden tax is the inflation caused by the gummmint's printing press!

It is a tax on your savings. It's a tax on anything you accumulate. It's hidden.

It's corrosive. It has turned us from a nation of savers to a nation of debtors. Why save? You can pay back later with "dollars" that are worth less.

Let's assume you have a hundred dollars, inflation is 5%, and candy bars are a dollar each. You could buy a hundred candy bars. Next year, the gummamint inflates the currency 5%. Prices rise because there are now more dollars chasing fewer goods. The candy bar makes raise candy prices 5% just to stay even. That hundred dollars now will only buy only 95 candy bars. Where did those five extra candy bars go? You, right into the gummamint. It's the effect of owning the printing press.

Try it yourself. Play monopoly. And every time you pass go, inflate the money supply 5%. The bank has $15,140 in cash in standard editions of Monopoly. Give yourself an extra $757 everytime you pass go. That's an one orange $500 bill, two beige $100 bills, one green $50 bills, one pink $5 bills, and two white $1 bills. Watch what happens. I bet you'll win. Think the other players will catch on? You'll probably hear the exclamation "That's not fair!" followed by an appropriate punishment for ruining the game by counterfeiting.

So why is it different when the gummamint does it to you in real life?

Please leave a Reply