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Pastimes : Repeal the Federal Reserve Act

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To: Jeff Jordan who started this subject12/21/2001 3:33:52 PM
From: Frederick Smart   of 102
 
Reagan Survey;No Taxes Pay for Govt Costs

Dear Group,

I sent out this message in the wrong format earlier, my apologize for the mistake. As I read a article today about a former Vietnam Vet feeling ashameded of what is going on in our country today, and how we as citizens of the United
Sates are ignoring the facts about how our elected congressmen and president are intentionally trying to destroy our civil rights. I became extremely distraught over the truth he was revealing.

It reminds me of the old saying: "See no Evil, Hear no Evil, Speak no Evil". We do this by ignoring our congress and President of the actions they take, we refuse to even listen to those who warn us of our loss of civil rights,
and then of course we refuse to tell anyone that these acts of Fraud, Extortion, Racketerring, and Treason are occurring.

I was flying back home to Phoenix last year when the lady sitting next to me started complaining about all of the taxes she had to pay.

I listened for a while and then informed the lady that income tax was a voluntary compliance and that not one dollar of the taxes she paid went to the government and that if she truly wanted to do something about it she
could. You should have seen the look on her face.
She thought I was nuts and a right wing gun-totting rebel of a patriot.

I asked her if what I told her could be proven if she would be interested in learning what her real civil rights were? She then told me that if all of us stopped paying taxes our government would shut down so she felt it was her
patroitic duty to pay taxes. I suppose that is what the IRS and Congress would like all of us to believe, that it is our American duty to die and pay taxes. The truth, however, is not at all what we have been lead to believe
for the last 90 years.

The following was recorded in a congressional hearing during the Ronald Reagan presidency.

"Mr. President, you have been so correct in resisting attempts to balance the budget by increasing taxes. The tax load on the average American family is already at counterproductive levels with the underground economy having now grown to an estimated $500 billion per year, costing about $100 billion in lost Federal tax revenues per year.

The size of the underground economy is understandable when one considers that median family income taxes have increased from $9 in 1948 to $2,218 in 1983 or by 246 times. This is runaway taxation at its worst.

Importantly, any meaningful increases in taxes from personal income would have to come from lower and middle income families, as 90 percent of all personal taxable income is generated below the taxable income level of $35,000.

Further, there isn't much more that can be extracted from high-income brackets. If the government took 100 percent of all taxable income beyond the $75,000 tax bracket already taxed, it would get only $17 billion, and
this confiscation, which would destroy productive enterprise, would only be sufficient to run the Government for seven days. Resistance to additional income taxes would be even more widespread if people were aware that:

ONE-THIRD OF ALL THEIR TAXES IS CONSUMED BY WASTE AND INEFFICIENCY IN THE FEDERAL GOVERNMENT AS WE IDENTIFIED IN OUR SURVEY. ANOTHER ONE-THIRD OF ALL THEIR TAXES ESCAPES COLLECTION FROM OTHERS AS THE UNDERGROUND ECONOMY BLOSSOMS IN DIRECT PROPORTION TO TAX INCREASES AND PLACES EVEN MORE PRESSURE ON LAW ABIDING TAXPAYERS, PROMOTING STILL MORE UNDERGROUND ECONOMY-A VICIOUS
CYCLE THAT MUST BE BROKEN.

WITH TWO-THIRDS OF EVERYONE'S PERSONAL INCOME TAXES WASTED OR NOT COLLECTED,
100 PERCENT OF WHAT IS COLLECTED IS ABSORBED SOLELY BY INTEREST ON THE
FEDERAL DEBT AND BY FEDERAL GOVERNMENT CONTRIBUTIONS TO TRANSFER PAYMENTS.
IN OTHER WORDS, ALL INDIVIDUAL INCOME TAX REVENUES ARE GONE BEFORE ONE
NICKEL IS SPENT ON THE SERVICES, WHICH TAXPAYERS EXPECT FROM THEIR
GOVERNMENT."

It is time we all start learning what the IRS really is, a private corporation collection agency for the Federal Reserve Bank. This is why I love what the Ultimate Lawsuit is doing. With the newly discovered evidence
found last year. It can be proven beyond reproach that the IRS has committed civil FRAUD, EXTORTION AND RACKETERRING AND TREASON.

Wouldn't it be nice to get back all of your taxes at 3% compounded interest that you have illegally paid out since 1953? Or how about a permanent injunction against the Federal Government stating you never have to pay
another dime of federal income tax that does not pay for one penny of the cost to run the government????

Call Les at 480-558-3346 for more information.

Remember: "The Truth Shall Make You Free"

Les Hollingshead
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