Michael Hudson Series Part 3 - Income Tax

Michael Hudson address the economic issues that now face everyone.

Category:

News & Politics

Tags:

• Michael
• hudson
• income
• tax
• Fred
• Harrison
• renegade
• economist

[aceyorba]

just dont pay taxes.. they don't have room in the prisons for you..

[nedbeaty72]

I reckon he sounds like Jello Biafra.

[ihatemoses]

@gwynedd1 Hahaha, I was about to say you're right and then I realized I already did on the city-data forum. "The world's a lonely place, isn't it?" I saw your name and I knew it rang a bell. KEEP GEORGE ALIVE!

[gwynedd1]

@Michaelbenoit7

Yeah thought that too until I realized they kept driving up land, mineral and monopoly prices with their "savings"

.

[hozayamz]

"The richest 1%"- always excluding the trust families who happily instituted the income tax on the people who couldn't hide their money. The Archduke wouldn't have been assassinated in 1914 without the US being prepped with the slave tax. Income tax is paid to the people who control the system- the real rich who keep their names out of the papers. Hudson acts like paying 90% was a good thing- the war profiteers were getting all that tax money, honey.

[lewicron]

@Michaelbenoit7 idiot.

[tashmoo711]

I am absolutely IN LOVE with Michael Hudson.

[Michaelbenoit7]

Fair tax nonsense slavery. Why do you all want to be enslaved?

Taxes have always been born on the back of labor. Taxing the rich is nonsense because they pass that cost on down to us.

[urgener]

Once we get the FairTax, we'll wonder why it took us so long. It'll eliminate the $300? billion wasted on compliance. Poor people won't pay any taxes because of the Prebate. Criminals and illegals will finally contribute to the tax collection. Prices will likely stay the same, but you'll be able to buy a lot more with your pay check. Do the research. Watch the "Its Time"? FairTax video.

[mrgerbeck]

@furyofbongos I am a bit confused by that too bu I thought of something: Look at all taxes, LAND, sales, etc. all taxes then weight that total amount paid in taxes to an individuals income. Imagine two neighbors, one makes $200k a year and owns a $600k house the other $100k a year and owns a $500k house in the same hood. Depending on the state the property tax added to the income tax can close the actual tax paid as a percentage of income. We should lower taxes starting with the poor.

[Tealy855]

Congress was granted the power to impose an income tax, however

congress was never granted the broad power to impose such a tax on the vast majority of working americans.

The income tax is contractual for most of us.