It seems that the Federal Government is taxing US citizens much more than it seems, especially the last few years. How? very simple: when the Fed wants to collect more from us - tax us more - - they just print however much they want to tax. It is well established that printing money makes the value of the dollar go down. So, this accomplishes the same thing as if the government had demanded another 20 or 30 percent tax from everybody.
But that's not all. there's another hidden tax with this method. By printing more money instead of raising the tax rate, the government get's to re-tax your entire worth, not just the years income. So, our money is being taxed over and over again - all income from all time, every time. It's very possible we could be actually paying 80%-90% in tax.
Isn't this theft?
