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"An Inconvenient Tax"

Tyler Durden's picture


With April 15 rapidly approaching, it is time to start thinking taxes once again. Yet do people actually stop to think about what the US tax system really is? And, as shown yesterday, does it even matter any more? After all as was just demonstrated based on cold, hard numbers, the US government has in fiscal 2012 funded deficit spending with 15% more debt (which will sooner or later be monetized by the Fed, as China just sold $100 billion TSYs in December in a harbinger of things to come) than with net tax revenues: should it not just drop the pretense of taxes altogether and fund the entire deficit with debt? After all it is not like it will slow down debt issuance any time in the next 4 years (when it will have $24.1 trillion in debt). For a 90 minute review of all that we take for granted as we sit down with our tax accountants, or with that copy of TurboTax (and in the case of Tim Geithner, push F1 repeatedly), various economists, politicians and industrialists weigh in on the U.S. income tax system in this hour and a half documentary showing how the tax code has grown and changed in response to military conflicts, economic changes and an ever-evolving political climate.


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Sun, 03/04/2012 - 19:35 | 2222720 knukles
knukles's picture

Sherman:  Gee whiz, Mr. Peabody, if we don't have a budget how can we have a deficit?
Mr. Peabody:  Shut the fuck up, Sherman.

Sun, 03/04/2012 - 20:06 | 2222762 nmewn
nmewn's picture

Time for the wayback machine and Commander

McBragg: There! Washington DC, the US Senate December 23, 1913. Did I ever tell you about my brush with NY banker assassins holding a third of the assembly hostage?

Friend: No Ccommander, but I really must be...

McBragg (grabbing him by the shoulder): It was bitterly cold that evening and the day before Christmas Eve, when the peoples attention was turned to celebration & merriment. I had just completed my mission to recover the crown jewels of Freedonia when I came upon a sight engraved in my memory forever...

Sun, 03/04/2012 - 21:49 | 2222940 Michael
Sun, 03/04/2012 - 22:31 | 2223021 allseo
allseo's picture

With Microsoft Office 2011 you can now read Office 2010 and manage your feeds and Microsoft Office 2010 right from within Download Office 2010, the most natural place to Office 2010 Key manage this information. Using the Office 2010 Download integrated support for Microsoft Office 2010 Download you no longer have to leave Office 2007 Professional to read the latest Office 2007 Key world news, catch up on your Download Office 2007 favorite sports team, or Microsoft Office 2007 Professional remain up to date on interesting Microsoft Office 2007 Download.

Sun, 03/04/2012 - 23:34 | 2223141 UP Forester
UP Forester's picture

But, does it work on Windows ME?

Sun, 03/04/2012 - 16:32 | 2222336 Sudden Debt
Sudden Debt's picture

On a long enough timeline, taxes will pop up to 100% of your paycheck

Sun, 03/04/2012 - 16:36 | 2222349 cherry picker
cherry picker's picture

Because we were fools to allow big bro to put his hands in our wallets by making businesses tax collectors first before paying us which is rigtfully ours

Sun, 03/04/2012 - 16:42 | 2222358 Conrad Murray
Conrad Murray's picture

Yes. Taxes, if they are going to exist and be paid, should have to be paid by each individual twice per month out of his or her own pocket/account.

Sales taxes should be the same too.

Example: You go to the store and buy a pack of cigarettes. You first hand over your $1 for the smokes, then hand over the other $6 to the tax men next to the cashier.

Sun, 03/04/2012 - 16:45 | 2222364 Sudden Debt
Sudden Debt's picture

I think that guy next to the cashier was a robber and You should have called the cops....
But I think I got your point.

Sun, 03/04/2012 - 18:17 | 2222556 Fluffybunny
Fluffybunny's picture

Film not available outside of the US.


Sun, 03/04/2012 - 16:57 | 2222398 ISEEIT
ISEEIT's picture

I love you. Brilliant idea.

Now I need to go vomit. Satan is running ads just to my left. Satan is actually bringing the daughters into it.

How fucking vile.

Sun, 03/04/2012 - 17:34 | 2222488 RSloane
RSloane's picture

Ahh so it wasn't a nightmare....

Sun, 03/04/2012 - 17:46 | 2222512 ZackLo
ZackLo's picture

It's OK guys, there is a tax bomb at the end of the year as everyone has pointed out that is going to cause a one time wave of tax selling that will bump up tax revenues going into the end of the year, all is fine don't worry move along.

Sun, 03/04/2012 - 19:28 | 2222698 Don Birnam
Don Birnam's picture

Conrad, not even bi-monthly.

How to impress upon the populace quite how much the central government takes from them ? Merely eliminate all withholding taxes. Then, come every 15 April, when a bill is due for, say, $15,000 in income taxes, perhaps the thought will finally permeate that heretofore impermeable membrane colloquially known as the thick skull, that "big government" costs.


Mon, 03/05/2012 - 09:26 | 2223592 GMadScientist
GMadScientist's picture

"...then hand over the other $6 to the tax men next to the cashier."

You could try a more efficient means of suicide than smoking cigs.

Sun, 03/04/2012 - 18:14 | 2222546 Marco
Marco's picture

Funny that ... on a long enough timeline government subsidies will prop up to 100% of your paycheck as well.

Sun, 03/04/2012 - 18:26 | 2222570 sessinpo
sessinpo's picture

On a long enough timeline, the survival rate of everyone drops to zero, including governments

Sun, 03/04/2012 - 18:34 | 2222578 Silver Bug
Silver Bug's picture

You've got to feed the beast. The government has become horribly corrupt.

Sun, 03/04/2012 - 19:19 | 2222679 brettd
brettd's picture

Taxes on your paycheck is just the start.

Wait till they confiscate your stocks/bonds/cars/house.

See:  Castro; Mugabe; Chavez et al.

Sun, 03/04/2012 - 21:44 | 2222923 A Nanny Moose
A Nanny Moose's picture

I wil have Gone Galt long before then.

Mon, 03/05/2012 - 09:27 | 2223595 GMadScientist
GMadScientist's picture

Will anyone notice beyond the occasional sigh of relief?

Sun, 03/04/2012 - 16:32 | 2222337 Ima anal sphincter
Ima anal sphincter's picture

Legalized theft. In one form or another, more than 50% of MY hard work is stolen from me. Total BS.

Sun, 03/04/2012 - 16:39 | 2222357 dark pools of soros
dark pools of soros's picture

but your money going to fund birth control is doing God's Work

Sun, 03/04/2012 - 17:02 | 2222412 Dave Thomas
Dave Thomas's picture

But who's birth is it controlling?

Sun, 03/04/2012 - 17:15 | 2222436 Gully Foyle
Gully Foyle's picture

"But who's birth is it controlling?"


Sun, 03/04/2012 - 17:30 | 2222476 GeorgeHayduke
GeorgeHayduke's picture

And God's work of funding more wars against Islamic people, keeping the CIA's opium crop safe, and other such "God's Work" types of projects.

That old god is a tricky dude. Killing is evil, unless he tells you to do the killing. Then it's righteous. The only propblem is, only you hear god give the kill order which kind of strange considering the omnipotence and all-mighty labels his followers give him.

Sun, 03/04/2012 - 19:14 | 2222666 nmewn
nmewn's picture

"but your money going to fund birth control is doing God's Work"

Ya know, I've been thinkin about gettin a penal implant (not that I need it) but I'm just thinkin about all the good works I could do with it...even when I'm asleep.

The major stumbling block I have is this...I don't want to pay for it.

Sun, 03/04/2012 - 20:32 | 2222797's picture

No, you can't pay for it and your dilemma is another aspect of the war on men's health. Some of the other students are very depressed about this...

Sun, 03/04/2012 - 21:12 | 2222868 nmewn
nmewn's picture

As well they should's obvious male member discrimination.

I have a right to life, liberty and pursuit of happiness and everyone but me needs to pay for my enjoyment of it ;-)

Mon, 03/05/2012 - 01:10 | 2223277 Ms. Erable
Ms. Erable's picture

So... you want to be a publicly-funded porn star? Maybe you could slide that in as part of a grant request from the NEA under the category of 'performance art'.

Mon, 03/05/2012 - 07:46 | 2223473 nmewn
nmewn's picture

Nana said I have a "right" to pursue my dreams at everyone elses expense...I'm now asserting my newly created "rights".

Pay up ;-)

Sun, 03/04/2012 - 16:37 | 2222339 Conrad Murray
Conrad Murray's picture

When April 15th rolls around, keep your hard earned money and, instead, send them a copy of goatse or lemonparty.

Fuck it. Anybody have some fax numbers for the IRS? I feel like sending them a few early.

Sun, 03/04/2012 - 16:50 | 2222375 GeneMarchbanks
GeneMarchbanks's picture

Fax 'em good, Conrad.

Meanwhile the sleeples are on automatic. Hey, pal, might that check you're shipping off thoughtlessly go toward dubious usage?

Errr, like what exactly?

Sun, 03/04/2012 - 17:05 | 2222414 Dave Thomas
Dave Thomas's picture

Most sheeples love April 15th cause they get FREE MONEY FROM THE GOVERNMENT! WHOOPEE!

I think the IRS urges most HR/Payroll offices to increase withholding to something larger than squeaky just so many millions of merikans get "FREE MONEY FROM THE GOVERNMENT WHOOPEE!"

If withholding was abolished, and everyone had to cut a check on April 15th, there'd be torches and pitchforks at 1600 Pennsylvania avenue.

Sun, 03/04/2012 - 17:28 | 2222470 valley chick
valley chick's picture

Just got my tax shit back today from the accountant.  All I can say is fuck the IRS.  Yes ...not just bad but real hurting bad...some damn freeloader will enjoy the $$$$$$$$.

Sun, 03/04/2012 - 18:28 | 2222571 AgShaman
AgShaman's picture

"Gunga.....Gunga La Gunga"

Sun, 03/04/2012 - 22:09 | 2222974 UP Forester
UP Forester's picture

At least you've got that goin' for ya....

Sun, 03/04/2012 - 18:44 | 2222591 sun tzu
sun tzu's picture

Doing your patriotic duty

Sun, 03/04/2012 - 19:17 | 2222675 valley chick
valley chick's picture

Damn if we had kept the business open and damned that we closed it.  Screwed either way and did not enjoy it.  :(

Sun, 03/04/2012 - 20:34 | 2222801's picture

Hey chick, your valley isn't called Galt's Gulch by any chance, is it?

Mon, 03/05/2012 - 07:26 | 2223449 valley chick
valley chick's picture

Wish it was.  :)

Sun, 03/04/2012 - 16:55 | 2222390 nmewn
nmewn's picture

Why not...that's what Warren does.

Sun, 03/04/2012 - 16:33 | 2222341 bugs_
bugs_'s picture

biggest single reform to make to American governance?

move election day to April 16.  it is at the opposite side of the year for a reason.

Sun, 03/04/2012 - 16:47 | 2222367 Jayda1850
Jayda1850's picture

indentured servitude refers to the historical practice of contracting to work for a fixed period of time in exchange for transportation, food, clothing, lodging and other necessities during the term of indenture.   Wikipedia-

Say the average tax rate is 25%. So for three months out of the year I work wholly and solefully for the government. How is this any different from indetured servitude? 


Sun, 03/04/2012 - 16:48 | 2222373 Cheesy Bastard
Cheesy Bastard's picture

It is different because indentured servitude ends.

Sun, 03/04/2012 - 16:57 | 2222399 francis_sawyer
Sun, 03/04/2012 - 20:33 | 2222798 Bicycle Repairman
Bicycle Repairman's picture

Hey, didn't those guys do "Bomb Iran?"

Sun, 03/04/2012 - 21:21 | 2222803's picture

How about penning a ditty on hedonic adjustments called Good Privations?

Sun, 03/04/2012 - 17:51 | 2222523 Umh
Umh's picture

You volunteer for identured servitude and get voted into paying taxes and receiving the government's spoils in exchange.

Sun, 03/04/2012 - 18:38 | 2222586 BigJim
BigJim's picture

Well, for a start, the indentured servant probably got more for his money.

Sun, 03/04/2012 - 16:53 | 2222384 Hugo Chavez
Hugo Chavez's picture

A labrynthine federal income tax system breeds contempt because only club members get to benefit and we aint in the club. Only the bottom fifty percent and the top one tenth of one percent are in the club.

I think it is every taxpayers patriotic duty to find a way to cheat. The sooner we become like greece in all ways the sooner we get real change.

Sun, 03/04/2012 - 18:46 | 2222595 lotsoffun
lotsoffun's picture

the bottom 50 percent are in the club because they voted for obama.  and will vote again if they get enough cattle prods to get them out the door again (which is unlikely because they've got so much coming in for free and love watching the television.  they are all feeling fat, comfy and loved right now).  the top 1 percent funded all that minimally. cost them peanuts and they are laughing about it.  obama played the puppet beautifully.   i expect the turnout for this election to be the lowest ever on a percentage basis.  hard to say what happens because the repubs don't have anybody vaguely convincing.


Sun, 03/04/2012 - 23:50 | 2223171 FreeNewEnergy
FreeNewEnergy's picture

So glad so many around here get it, but Hugo has hit the nail on the head. AFAIK, cheating on taxes is an American tradition dating back to just about 1776. It became a national pastime in 1913 and a major league sport in 1968.

Sun, 03/04/2012 - 16:53 | 2222385 AndrewCostello
AndrewCostello's picture

The problem now is that this debt is just being "created" out of nothing.  They have exhausted the savings and pensions of the people, and the currency system has just become one big worthless fraud.


Of course, the public are to blame, because they are the ones giving up assets (both physical and moral) in exchange for those worthless piles of paper which they then exchange for increasingly low quality plastic junk.



Sun, 03/04/2012 - 16:54 | 2222386 Ignatius
Ignatius's picture

The tax code isn't 50,000 pages long in an attempt to be 'fair',  that's for damn sure. 

Sun, 03/04/2012 - 17:31 | 2222482 css1971
css1971's picture

You think they are just printing money now because nobody knows how the tax system works anymore?

Sun, 03/04/2012 - 18:17 | 2222553 Amish Hacker
Amish Hacker's picture

The tax code is 50,000 pages long because it's a political document, not a scientific one. Over and over again, year after year after year, lawyers have figured out ways to tweak this and add that, in order to make sure that their clients receive benefits that someone else pays for.

It's never about "fair." It's about securing your over-representation in this representative democracy.



Sun, 03/04/2012 - 22:17 | 2222988 UP Forester
UP Forester's picture

I thought we who pay taxes are supposed to get a receipt, or printout, or whatever, for where the money is going that is paid in.

Because, ya know, I'd kinda like to know what trinkets or $16 muffins were bought from the sweat off my brow.

Sun, 03/04/2012 - 16:56 | 2222395 rehypothecator
rehypothecator's picture

Use of the tax code to perform social micro-engineering is unethical, even when one gets the results one intends (that is, setting aside unintended consequences).  

Sun, 03/04/2012 - 18:25 | 2222567 Marco
Marco's picture

Where does that rabbit hole stop? Is national defence ethical to tax for?

If so ... how is trying to maintain social stability not a form of national defence to begin with?

Sun, 03/04/2012 - 18:47 | 2222596 sun tzu
sun tzu's picture

lame might be able to fool some highschool and college kids with that one. maybe everyone in america needs an iphone to maintain social stability

Wed, 03/07/2012 - 16:05 | 2233262 Marco
Marco's picture

No ... every adult in America needs to be able to get a job which pays sufficiently to raise a small family in good health and and a modicum of comfort.

Anyway, big talk about fooling when you avoided the question ... is it ethical to tax for national defence?

Sun, 03/04/2012 - 19:21 | 2222680 earleflorida
earleflorida's picture

in the fox's den

Sun, 03/04/2012 - 20:05 | 2222757 sun tzu
sun tzu's picture


Sun, 03/04/2012 - 16:58 | 2222400 Sandmann
Sandmann's picture

Couldn't they produce an Abridged Tax Code listing the Pork Barrel Provisions like those for a "certain incorporation in Delaware" that we know to be GM ?

Sun, 03/04/2012 - 16:59 | 2222405 russwinter
Sun, 03/04/2012 - 17:23 | 2222439 Goldilocks
Goldilocks's picture

/false dilemma?… the size of that video file was 6.66 MB :-/

Sun, 03/04/2012 - 17:08 | 2222420 RSloane
RSloane's picture

I have never felt as angry paying taxes as I have this year. I don't think I'm alone in that. How much of my money is going to be poured into pay-back projects for big time party donors with failed business plans? Is my money going to be used to finance a war with another nation or building infrastructure in foreign countries while our infrastructure rots? Maybe it will go to farmers to pay them not to grow things people need. Yeah, okay I feel better now.

Sun, 03/04/2012 - 17:16 | 2222437 DosZap
DosZap's picture


Or pay for a "smidget" of one of the thirty six vacations the fist lady has gone on last year.

I have lot count of Obambys outings.


Sun, 03/04/2012 - 18:40 | 2222587 lotsoffun
lotsoffun's picture

the obamas are under a lot stress.  they are winning noble peace prizes by keeping the world safe for democracy and deserve every minute of free time.  michelle gave birth to future world peace prize winners.  i think they deserve a trip to the moon, maybe they can be the first colonists there.  martians have agreed to pay for it, as they want them as neighbors.  i think that's pretty funny, even for mr. lotsoffun.



Sun, 03/04/2012 - 17:19 | 2222446 Gully Foyle
Gully Foyle's picture


Dude, were you born yesterday?

Because I see nothing new in your complaint, at least nothing to differentiate this tax year from the last fifty or so.

Sun, 03/04/2012 - 20:40 | 2222809's picture

Why criticize the frog who is smart enough to consider leaping before the pot boils simply because he didn't jump when the burner was first lit?

Mon, 03/05/2012 - 01:21 | 2223291 Ms. Erable
Ms. Erable's picture

But... but... but... if you don't pay your fair share, we won't have toys like this to kill them thar terrists:

America -Fuck Yeah!

('/sarc' - for the comedically impaired)

Sun, 03/04/2012 - 17:20 | 2222451 Lost Wages
Lost Wages's picture

Refund bitchez.

Sun, 03/04/2012 - 17:21 | 2222455 Henry Hub
Henry Hub's picture

The cost of the various ongoing wars should be separated from general taxes. This WAR TAX should be payed in September or some other date. Then people would realize the cost of empire. They would realize what it cost them personally fighting for oil and Israel.

Sun, 03/04/2012 - 18:49 | 2222600 sun tzu
sun tzu's picture

the same goes for the bailout and welfare state taxes

Sun, 03/04/2012 - 17:28 | 2222471 Atomizer
Atomizer's picture



  • 15.1 % don't work
  • Minimum wage workers don't pay taxes 

We all laugh at the policy makers going after the rich. Let's pretend you go after the rich. How long will it take for the rich to become unemployed and the revenue stream ends for policy makers tax receipts?. 

Regarding the current 15.1% unemployed.  Why haven't they been able to develop new employment opportunities or form new business’s to hire employee’s to generate taxable income?

We all can see your bullshit failure. Kindly explain your retorts.

Sun, 03/04/2012 - 17:35 | 2222491 HungrySeagull
HungrySeagull's picture

The empty downtown testify to that.

120+ year old brick buildings are not worth the money to rebuild or green enough to sustain themselves with somewhat conservative energy demands each month.

It's cheaper to build outwards than it is to rebuild unless you demo it first.

Sun, 03/04/2012 - 17:43 | 2222506 Atomizer
Atomizer's picture

Yes. This is how this fraud has gone on for millenniums. Build & Destroy, all human life is sacrificed to the money counterfeit operation.

Sun, 03/04/2012 - 17:29 | 2222474 Umh
Umh's picture

It seems to me that "The Income Tax" is just a way to punish nonconformist. If the government wants money they just print it, therefore "The Income Tax" is a penalty for trying.

Sun, 03/04/2012 - 18:50 | 2222601 SilverDOG
SilverDOG's picture

Now that is close to the core. ++

Sun, 03/04/2012 - 23:42 | 2222815
Sun, 03/04/2012 - 17:38 | 2222494 HungrySeagull
HungrySeagull's picture

Our returns are finished for the year, we waited until after the IRS got the hitch set.

Now our Tax Preparer is getting too damn expensive. We are paying twice what we paid 10 years ago for the same goddamn service.

And that money eats into our refunds after taxes are settled with fed and state.

Withholding? HAH. Not worth the hassle.

There was a time when the Congress first voted Income Tax into existence with a 1% rate for everyone. One person remarked what is it gonna stop? 10%? 20&?

100 years ago.

Next year I think to submit electronically myself, it will half the cost and expense of the preparer.

Sun, 03/04/2012 - 17:50 | 2222521 junkyardjack
junkyardjack's picture

US citizens have already been taxed into homelessness by corporations, the government will need to start accepting first born children

Sun, 03/04/2012 - 17:54 | 2222527 non_anon
non_anon's picture

I've used TaxAct, online tax program for free Federal filing and cheap state filing.

The gov could give us, that actually pay an income tax, a holiday for a couple of years and see the economy take off, but once the taxpayer got a taste of freedom, there wouldn't be any going back.

Sun, 03/04/2012 - 18:24 | 2222566 bob_dabolina
bob_dabolina's picture

Keep dreaming

Sun, 03/04/2012 - 18:54 | 2222612 non_anon
non_anon's picture

an unsung hero in the tax reform movement that was imprisoned for his fight with the system and he was a US Congressman


I shall be imprisoned soon for my tax protest

Sun, 03/04/2012 - 17:55 | 2222530 mickeyman
mickeyman's picture

People, the purpose of the income tax is to help manage inflation. Income tax drains money out of your pocket and keeps you from using it to drive up the prices of things such as food and gasoline. Yes, they could "fund" the budget out of smoke, but they still need to keep you from having a lot of cash around driving up prices. That's why it had to be introduced at the same time as the appearance of the Fed.

Sun, 03/04/2012 - 18:53 | 2222608 SilverDOG
SilverDOG's picture

BBWaah haaa haaaaa haa!

Sun, 03/04/2012 - 23:32 | 2222535 BlackholeDivestment
BlackholeDivestment's picture

...2011, an unemployed American/Constitution moves capital from a brokerage account into a bank account. The American/Constitution lost money betting on the market and realized negative income for 2011 at Fed Zero. The movement of capital, at a loss, is a ''credit event'' in the eye of the American/IRS Agent(employed worker)/Constitution. There is no reason for the Unemployed American/Constitution to file any tax return, but because there is a ''credit event'' there is legal ground for a  ''charge'' by the employed IRS Agent/Americant/Constitution. The American/IRS Agent/Constitution must prove why the American/ IRS Agent is the cause of the loss. In doing so the American/Constitution causes more loss of principle (at minimum) as a measure of time related to the amount of labor (paper work etc...) it takes to PROVE the cost of the presumed innocent American/Constitution. LMAO. 

There is a reason why the American/Constitution/IRS Agent is the enemy of life, liberty freedom, independence and justice for all. Chairsatan and the Suicide Vampire Squid of the Great Wal Mart of China have guns and Americans don't have a brain. 

P.S. Mr. Down Arrow, you have no case. An American can have no job and a loss in the market, move their capital from one account to another and not have any cause to be taxed, BUT!!! that movement is legal grounds for IRS Agents to act if the American does not file, even though there is no reason for the American to file other than the cost required by the IRS to prove/file the American is innocent of any charge. LMAO That's the fact Jack and it means you owe. 

Even the State Department says Americans are not free. LMAO. 

...what are the the American Prison Wardens going to do if you refuse to pay for being an American Prisoner, force you to remain an American? ROTFLMAO PAAAAAthetic. 

P.S.S. If you are an American Soldier you are in the field as an enemy to life, liberty, independence, freedom and justice for all. That is your ''New World Order''. Every person that ever fought for freedom means ZERO now, and everyone killed by the ''armed forces'' was and is an offense.

Sun, 03/04/2012 - 18:15 | 2222550 Atomizer
Atomizer's picture

Buying Turbo Timmy Tax software will keep you out of jail. Software is endorsed by: Federal Employees Dodge Taxes


No link needed, you can find the US taxpayer public servants who violated tax laws on line. Yet, they appear on TV spinning their fabricated tax reform story.

Sun, 03/04/2012 - 18:36 | 2222580 Atomizer
Atomizer's picture



I hate to be someone to stir the pot. All taxpayer's income tax money goes to the IMF quasi account first, then it's redistributed accordingly. Start below, then find the IMF connection.

Sun, 03/04/2012 - 18:53 | 2222610 AndrewJackson
AndrewJackson's picture

I just watched the first couple minutes of this, but it looked like a piece of shit. It seems that the clowns in this film care more about making the tax system easier to navigate more so than eliminating the bullshit taxes all toghether. The more important question would be why can't our society do with the amount of taxation before 1916?

Sun, 03/04/2012 - 19:13 | 2222657 Atomizer
Atomizer's picture

Andrew Jackson,

No sure if you meant the Hulu link or mine. Watch my link to understand the upcoming defunct Federal Reserve.

Sun, 03/04/2012 - 19:34 | 2222715 brettd
brettd's picture

Saying & thinking "enuf is enuf" is one thing.

Knowing the action to take to support the words is the issue I face.

Sun, 03/04/2012 - 19:04 | 2222639 ickeykerr
ickeykerr's picture

At least we have our CPA's to save us - 'the great upholders of public trust'. They have educated themselves into imbecility. Theyre all criminally negligent and fundamentally not doing their job.

When it comes time to pay your CPA that $500 preparation fee, you might ought to suggest to them that that whole 'independence in mental attitude' thing applies just as much to the information they have received from their beloved government. 



Sun, 03/04/2012 - 23:01 | 2223081 BidnessMan
BidnessMan's picture

Ha ha ha. Sarc of course. The CPA actually works for the IRS - far more concerned about keeping their IRS certification than you. You just get to pay the fee.

Sun, 03/04/2012 - 19:36 | 2222722 brettd
brettd's picture

Highly suggest creating personal/family charitable trusts.

If you're in a high tax bracket, it's better to send money to a fund you control rather than send 

that money to the govt.

Sun, 03/04/2012 - 20:29 | 2222793 piceridu
piceridu's picture

I don't know about you, but this documentary seems like a propaganda tool...justification, like wars just happened and the 16th amendment was our patriotic duty because of WWI...what about the creation of the Central Bank-Federal Reserve in 1913 and the 16th amendment in 1913...coincidence?

Sun, 03/04/2012 - 20:35 | 2222802 krispkritter
krispkritter's picture

Liked America - Freedom to Fascism better.  Previously shuttered the Inc. so simple filing for the interim.  'Estimated Tax' is a fucking joke...this system blows and not in the good way.

Sun, 03/04/2012 - 21:14 | 2222879 Seasmoke
Seasmoke's picture

just stop working over the table

Sun, 03/04/2012 - 22:17 | 2222984 non_anon
non_anon's picture

this clip showed one side of the coin and not the other with the popular uprisings against the income tax throughout US history that the gov wants to hide from it's debt slaves

Sun, 03/04/2012 - 22:38 | 2223037 puck
puck's picture

If the tards in congress would issue money without intrest to put into the economy we could turd this log around

Sun, 03/04/2012 - 22:50 | 2223050 Timmay
Timmay's picture

Not one mention of the role of credit on the tax code. Take away the 40% of money that is borrowed to fund Federal Programs and just fund those programs with what we actually collect in taxes and I guarantee you people will pay attention.

Sun, 03/04/2012 - 23:03 | 2223086 Tunga
Tunga's picture

The tax code was never made "positive law" by the US Congress. It is "special law" that only applies to those who make themselves liable by claiming status as a US Citizen or an "employee" of the federal US government.

A national but not a citizen of the United States who lives outside the District of Columbia and does not sign a W-4 can be considered a "non resident alien". These NRA's are not liable to the "income" tax as long as they don't "perform the functions of a government officer".

Sun, 03/04/2012 - 23:53 | 2223182 FreeNewEnergy
FreeNewEnergy's picture

Seriously, did anybody waste 1 1/2 hours to watch the stoopid video? I know I didn't. Figured, like a lot of economic, government and political stuff these days, I already knew the answers.

Thanks, Tylers and all of ZH and all the posters here for shining the light of true wisdom and knowledge upon the world.

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