Archive for the ‘Taxation’ Category

Feeding the Fed

September 17th, 2013 No comments

The Treasury Department announced that,

The federal government raked in a record of approximately $2,472,542,000,000 in tax revenues through the first eleven months of fiscal 2013…

Did you catch that anywhere in the MSM? Neither did I. But that’s because in this—as in so many areas—the truth runs contrary to the chosen narrative.

Our government is not starving. It is, in fact, gorging itself on more of our tax dollars than ever…and it’s still not satisfied.

With record revenues, that $755 billion deficit accumulated over the same period isn’t the result of scarcity, but of statist gluttony. The Fed doesn’t need more of your money or mine—rich, poor, or middle class. What it needs is a diet.

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