The Power to Tax Will Not Only Destroy the Economy, It will Cause the US Government With the Federal Reserve to Self Destruct

The power to tax is the power to destroy. How in our faces it has been. We use to hear about the saying” No taxation without representation”. That was a quote from the early founders and has been quoted often in history classes when I went to school. We do not have taxation without representation. We have taxation with corrupt representation. I say we have taxation without hesitation. Politicians do not hesitate how they will raise revenue which is either by raising taxes, fees. Sheriff Richard Mack said traffic tickets are” taxation by citation”
At the end of last year we heard about the fiscal cliff. Taxes have been raised across the board. The Obamacare tax is coming into effect next year. We have these carbon taxes being imposed with high energy cost whether it’s buying gasoline for the car or the electric bill. We have workers hours at work reduced to below 30 hours a week. To add insult to injury. They raised the payroll tax on the workforce. The IRS says by 2016, Obamacare for a family will be $20,000 a year. The Federal reserve bank printing money out of thin air further devaluing  the purchasing power for the common person while it helps the bankers. Inflation, a hidden tax hurts the rest of America.
These actions I see will cause the Federal Government in Washington and the Federal Reserve Bank to self destruct imploding like the old Soviet Union. They cannot afford the wars for the banks and Israel. They cannot afford to fund the bases overseas. This foreign policy of full spectrum of dominance is unsustainable. This bloated bureaucracy at home that does not produce wealth or a product, but only sucks the lifeblood out of the economy cannot pay for itself.  Washington politics instead of cutting back on government spending and no more borrowing to fund it operations. They raise taxes on the poor people by inflation or more taken out of their paychecks.
All this will take money out of the real economy where people buy goods and services. Instead if this money being spent on people buying products. This money is being sent to the government to be squandered and being used against the people. More people will lose their jobs, businesses will close their doors because they cannot afford the high taxes and compliance with counter productive rules and regulations imposed by government. So where is the government going to get the funding to sustain itself when there are no more producers to parasite from?


Yes i said earlier in the blog the power to tax is the power to destroy. What government does not understand is raising taxes kills the goose that lays the golden eggs. The high taxes will destroy the government to because they have no more of other people’s money to spend. The Federal Reserve who now is getting ready to self destruct with nations demanding their gold back held in deposit at the Federal Reserve bank. The bank is stonewalling because the gold is not there. They can no longer print dollars to fund the government if there is nothing to back it up or an economy that produces to give it value. The dollar is worthless. Here is the facts why the Federal Reserve Bank and the US government will collapse. The power to tax by inflation and taking from our labors will not only destroy the economy, it will destroy the Federal Reserve Bank and the Government too because it will become unsustainable.
The truth is. The American people are broke. There is no money to fund the government anymore. What is left of the labor force is not enough. People will not comply either no longer supporting the system because they have no money or they will be homeless if they comply. Inflation makes food and fuel cost more. This is why they want the private retirement accounts because they cannot  squeeze blood from a stone. The economy has the life sucked out of it. Hyperinflation will make government workers paychecks worthless too.
The Power to Tax destroys economic  productivity will destroy the Fed and the US government following.  People cannot support the system, they are broke. Cannot afford to pay. We just keep the carpetbaggers away. If we do that. We can bring back constitutional money again.