so, where is all of our income tax going? is it really paying for what the government wants us to think it is? not according to the 1984 Grace commision report.
Grace Commission Report (PPSS)
this is a direct quote from the report that was written for Ronald Regan,
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.
so there we have it, the government admits to waisting 100% of your income tax! why aren't people aware of this? I have no fucking idea.
alot of people argue that, that was in 1984 and that it has probably changed since then, wouldnt the government be screaming this from the whitehouse rooftop if it were true? wouldn't they use that as a "trump card"?
whats going on here? are we really this dumb and gullible? or do we just not want to believe?
