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Very Hot Topic (More than 25 Replies) After seeing the collapse of the socialist Venezuela economy (Read 1618 times)
SkyChief
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Re: After seeing the collapse of the socialist Venezuela economy
Reply #140 - Sep 28th, 2018 at 9:52am
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Jeff wrote on Sep 28th, 2018 at 8:15am:
Guess where most of the bailout money will come from?

http://dailybail.com/home/chart-who-funds-the-imf.html

Well, that figures.   The IMF is actually the US taxpayer's money!!

We pay for that crap.

Not surprised to learn that.

Income Tax makes the IMF possible.

Another excellent reason to abolish Income Tax!

Smiley
  
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Jeff
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Re: After seeing the collapse of the socialist Venezuela economy
Reply #141 - Sep 28th, 2018 at 4:28pm
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SkyChief wrote on Sep 28th, 2018 at 9:52am:
Not surprised to learn that.

Income Tax makes the IMF possible.

I was surprised you didn't know that the U.S. funds all that sort of thing, and I had to think about the next part...

Isn't that like saying that having money is what makes violent drug gangs possible?

In both cases, the criminal activity comes first.

Congress lacks authority to give our tax money to the IMF to do with it as they please, and probably steal lots of it.

Speaking of that, how about that "discretionary spending" slice of the pie you recently posted?

What a great thing to have access to! Is there an accurate recent accounting for the "discretionary spending" slice? I bet lots of people get rich from that source of funding. Cry
  
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SkyChief
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Re: After seeing the collapse of the socialist Venezuela economy
Reply #142 - Sep 28th, 2018 at 11:29pm
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Jeff wrote on Sep 28th, 2018 at 4:28pm:
I was surprised you didn't know that the U.S. funds all that sort of thing, and I had to think about the next part...
I honestly didnt know.  I knew the I in IMF stood for International, so naturally, I assumed that many nations would contribute to the fund.

But the truth is that the US does the heavy lifting with the IMF.
 
Sorta like NATO.   US pays so everyone else can play.

Now, THERE's a non-essential money-pit we could do without!


Jeff wrote on Sep 28th, 2018 at 4:28pm:
Congress lacks authority to give our tax money to the IMF to do with it as they please, and probably steal lots of it.

Congress lacks authority to tax our wages and salaries, but they do it anyways!   Grin

Who's to stop them?  Ha hah hahah hahhah   Grin
  
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Jeff
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Re: After seeing the collapse of the socialist Venezuela economy
Reply #143 - Sep 29th, 2018 at 6:25am
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SkyChief wrote on Sep 28th, 2018 at 11:29pm:
Congress lacks authority to tax our wages and salaries, but they do it anyways!   Grin

In fact, Congress has the authority to tax anything Chief.

What they lack authority to do is levy Direct taxes without apportionment and Indirect taxes without making them uniform.
  
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