I figured it out - Sm

Posted: Jan 25th, 2020 - 6:04 am In Reply to: The taxpayer would not pay - Nm

The imposition of a tax gives "value" to our money. "where does all the money they take from our pay checks go?"... They are deleted. Destroyed. Shredded.

Congress spends new money into existence every time they authorize spending.

Congress authorizes the destruction of a dollar when it authorizes a Federal tax.

The US dollar is a tax credit

The US Government is the currency issuer.

We are currency users.

Post A Reply Reply By Email Options

Use Rich Text Editor with Full Options CLOSE

Edit/Delete Message

Report this message

X CLOSE

Complete Discussion Below: (

marks the location of current message within thread)

Dad Confronts Warren On Student Loan Forgiveness: ‘Can I Have My - Money Back?’ (Views: 470, 2020-01-23, 2:26 pm)
- Yeah, what a fool we were to pay for our kids' education - so they wouldn't end up in debt. (Views: 214, 2020-01-23, 2:28 pm)
  - No, you are fools to keep voting for - And supporting for those not (Views: 223, 2020-01-23, 7:45 pm)
    - Sounds just like something Elizabeth Warren would - say. Let the taxpayer get stuck (Views: 179, 2020-01-24, 4:19 am)
      - Sorry, Liz, but we’re not saddling anyone with student loan - debt. They're doing that to themselves. (Views: 161, 2020-01-24, 11:01 am)
        I'd like to know where the 7 BILLION Obama sent to - Ukraine went. It's missing (Views: 234, 2020-01-25, 6:51 am)
      - The taxpayer would not pay - Nm (Views: 179, 2020-01-24, 6:23 pm)
        Yes they will. And college will cost even more. Just like - Medicare For All. We all will pay. (Views: 189, 2020-01-25, 4:34 am)
        Or the master/slave, wealthy corporatist system - Is lying to you (Views: 188, 2020-01-25, 6:09 am)
        I figured it out - Sm
    - What is outrageous is how much Warren made teaching - one class, 350K. On top of that (Views: 150, 2020-01-24, 4:28 am)
      - Look for her to start pitching the macroeconomic MMT - argument. "Freeing them from this (Views: 161, 2020-01-24, 9:56 am)
    - Right out of Karl Marx. To each according to his needs - blah blah blah. One way or another, (Views: 180, 2020-01-24, 4:59 am)
    - No, by taxing the wealthy who use that money to start - jobs you are taking money OUT OF (Views: 168, 2020-01-24, 6:50 am)
  - This is how socialism works....reward bad choices and - punish good ones. I would like my (Views: 160, 2020-01-24, 4:32 am)
  - Socialism. You get to pay for other people's abortions, - college, health insurance, food, (Views: 224, 2020-01-24, 4:40 am)
  - That Father ends up paying twice, once for his own - child and once for someone else's (Views: 177, 2020-01-25, 2:47 pm)
- Excuse will be thus:“Wiping away this debt will free - millions of young couples to buy (Views: 158, 2020-01-24, 4:23 am)
- Socialism is based largely on atheism, and the American - Constitution is based largely on (Views: 213, 2020-01-24, 5:43 am)
- "America is lending money it doesn't have to kids who - can't pay it back to train them for (Views: 192, 2020-01-24, 6:44 am)