|
^
Federal taxes are but a small component to the overall tax burden on American citizens. The hidden taxes that we don't see is in the form of inflation and high price fluctuations on commodity goods such as gas and food due to the trillions of borrowed money from foreign creditors. The lies of supply and demand being put forth by the Bush Administration is but a smoke screen to the real fact. Our currency has been diluted against all other world currencies. This is why oil has jumped to $130+ barrel in the last year due to the billions in toxic mortgage backed securities being sold wholesale for pennies on the dollar by our institutional banks and foreign wealth funds. This dilution is compounded by the Feds who have further injected tens of billions into the currency system to bail out failing banks such as Bear Stearns and shore up losses for giant banks such as Citicorp and Morgan Stanley. The average Joe wonders why his purchasing power has dropped by almost half while large corporate institutions get government bail outs and average Joe gets left holding the bill.
__________________
"The greatest tyrannies are always perpetrated in the name of the noblest causes." Thomas Paine
|