MDM, wrote on Sun, 30 August 2009 11:07 |
Jon, are you saying that the money collected by the IRS goes to build roads, bridges, hospitals etc?
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I am not making any specific statements on what the money IS being used on, only on what it IS NOT being used on.
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can you trace the money?
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Trace it? What has tracing it got to do with my statement.
The treasury gives figures on tax revenues, current national debt, and current interest rates on securities (as well as specific numbers for payments.
From these one thing is clear and unequivocal, the interest payments on the National Debt are an order of magnitude smaller than incomed tax revenues, therefore whatever it is being spent on, the majority of income tax revenue (and all of corporate tax revenue and other federal taxes) is not being used to pay interest.
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are you sure that the interest declared in your sources is the only interest being collected worldwide on US revenue?
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I'm not sure what your question here is, since you seem to be mixing up terminology.
However if you mean am I sure that the interest declared in my sources is the only interest being collected on US National Debt, then the answer is that I am as sure as I reasonably can be. The figures come DIRECTLY FROM THE US TREASURY, so if they're not real, then the US Government is supplying false figures to its people (including congress).
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are you sure all of the money collected in the USA stays in the USA?
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What's that got to do with anything?
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Because if you want to get into details you would have to prove it.
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I'm the only one here who actually supplied any verifiable figures normally.