Federal Reserve Income Tax

Income Tax And You

Tax season is upon us. For many this means tax refunds. Hopefully you use your wisely. It is money being returned to you after a thief stole “too much”. For some you will owe the IRS more money. I’m sorry for you. I have owed them money in the past. Nothing worse than being told that after a year of theft you owe more money.

We aren’t here to talk about those that are over taxed and those that pay nothing. That is a topic for another time. Today is about a misconception. That the income tax being stolen from you does something for your country. I read the following on Facebook recently.

“Let me look at it for what it is.. it’s an investment. Supposedly. My tax dollars are an investment into this country, and for it to be a sound investment; then I would have to *believe* in this country.”

The post went on about how our “leaders” are incompetent. Policy is getting worse and worse. To be honest all good points. With the exception of it being based on a fallacy. What is the ¬†fallacy” Let’s find out.

Federal Reserve Income Tax
Federal Reserve

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