Not paying taxes "makes me smart."

[Toddsterpatriot]

The Fed is a private bank and private entity...FACT!

I hope that's a joke

Dale is a joke.

I generally agree with what he says. But wow, he's gone la la on this one. I suppose he thinks the post office is private too

He's a nut on much more than just the Fed.

The Fed is a private entity...that is a fact. I thought it was a "gubermint" entity as well but I was wrong. BTW, your beloved "gubermint" is a corporate entity and the reasons as to why that is significant would probably be too much for you to comprehend.

The Fed is a private entity...that is a fact.

You might have a better case except for the fact that the US Treasury received $100 billion versus $1.7 billion for the "private owners".

BTW, your beloved "gubermint" is a corporate entity

Is my birth certificate pledged as collateral for a government loan?

 

[Toddsterpatriot]

With money they created out of their ass and then charge interest on make believe money..

And then pay the interest back to the US Treasury.

Really? How much did the Fed bank give to the alleged "Treasury" compared to what they took in???? I will wait.....

Release Date: January 11, 2016
For release at 12:00 p.m. EST

The Federal Reserve Board on Monday announced preliminary results indicating that the Reserve Banks provided for payments of approximately $97.7 billion of their estimated 2015 net income to the U.S. Treasury. In addition, the Federal Reserve transferred to the Treasury $19.3 billion from Reserve Bank capital surplus on December 28, 2015, which was the amount necessary to reduce aggregate Reserve Bank surplus to the $10 billion surplus limitation in the Fixing America's Surface Transportation Act (FAST Act). The FAST Act, which was enacted on December 4, 2015, requires that aggregate Federal Reserve Bank capital surplus not exceed $10 billion. The 2015 audited Reserve Bank financial statements are expected to be published in March and may include adjustments to these preliminary unaudited results.

The Federal Reserve Banks' 2015 estimated net income of $100.2 billion was derived primarily from $113.6 billion in interest income on securities acquired through open market operations (U.S. Treasury securities, federal agency and government-sponsored enterprise (GSE) mortgage-backed securities (MBS), and GSE debt securities). Operating expenses of the Reserve Banks, net of amounts reimbursed by the U.S. Treasury and other entities for services the Reserve Banks provided as fiscal agents, totaled $3.9 billion in 2015. In addition, the Reserve Banks were assessed $689 million for the costs related to producing, issuing, and retiring currency, $705 million for Board expenditures, and $490 million to fund the operations of the Consumer Financial Protection Bureau. The Reserve Banks had interest expense of $6.9 billion associated with reserve balances and term deposits held by depository institutions, recorded foreign currency translation losses of $1.4 billion that result from the daily revaluation of foreign currency denominated asset holdings at current exchange rates, and incurred interest expense of $248 million on securities sold under agreement to repurchase.

Additional earnings were derived from income from services of $432 million. In 2015, statutory dividends totaled $1.7 billion and $778 million of net income was transferred to surplus.

FRB: Press Release--Federal Reserve Board announces Reserve Bank income and expense data and transfers to the Treasury for 2015--January 11, 2016

Looks like the Treasury received $100.2 billion out of $113.6 billion in interest earnings.

But yet they collected 3.3 TRILLION dollars that year....
•  The IRS collected more than $3.3 (Tables 1 and 6). trillion in gross taxes in Fiscal Year (FY) 2015 (Tables 1 and 5) and issued •  The IRS also collected almost more than 119.0 million refunds (Table $389.9 billion in income taxes, be- 7), amounting to almost $403.3 billion fore refunds, from businesses in FY (Tables 1 and 8).

https://www.irs.gov/pub/irs-soi/15databk.pdf

But yet they collected 3.3 TRILLION dollars that year....

The Treasury did, not the Federal Reserve.

The IRS collected more than $3.3 (Tables 1 and 6). trillion in gross taxes in Fiscal Year (FY) 2015 (Tables 1 and 5) and issued •  The IRS also collected almost more than 119.0 million refunds (Table $389.9 billion in income taxes, be- 7), amounting to almost $403.3 billion fore refunds, from businesses in FY (Tables 1 and 8).

The IRS collected more than $3.3 (Tables 1 and 6). trillion in gross taxes

The Federal Reserve earned $113.6 billion in interest.

 

[Toddsterpatriot]

With money they created out of their ass and then charge interest on make believe money..

And then pay the interest back to the US Treasury.

Really? How much did the Fed bank give to the alleged "Treasury" compared to what they took in???? I will wait.....

Release Date: January 11, 2016
For release at 12:00 p.m. EST

The Federal Reserve Board on Monday announced preliminary results indicating that the Reserve Banks provided for payments of approximately $97.7 billion of their estimated 2015 net income to the U.S. Treasury. In addition, the Federal Reserve transferred to the Treasury $19.3 billion from Reserve Bank capital surplus on December 28, 2015, which was the amount necessary to reduce aggregate Reserve Bank surplus to the $10 billion surplus limitation in the Fixing America's Surface Transportation Act (FAST Act). The FAST Act, which was enacted on December 4, 2015, requires that aggregate Federal Reserve Bank capital surplus not exceed $10 billion. The 2015 audited Reserve Bank financial statements are expected to be published in March and may include adjustments to these preliminary unaudited results.

The Federal Reserve Banks' 2015 estimated net income of $100.2 billion was derived primarily from $113.6 billion in interest income on securities acquired through open market operations (U.S. Treasury securities, federal agency and government-sponsored enterprise (GSE) mortgage-backed securities (MBS), and GSE debt securities). Operating expenses of the Reserve Banks, net of amounts reimbursed by the U.S. Treasury and other entities for services the Reserve Banks provided as fiscal agents, totaled $3.9 billion in 2015. In addition, the Reserve Banks were assessed $689 million for the costs related to producing, issuing, and retiring currency, $705 million for Board expenditures, and $490 million to fund the operations of the Consumer Financial Protection Bureau. The Reserve Banks had interest expense of $6.9 billion associated with reserve balances and term deposits held by depository institutions, recorded foreign currency translation losses of $1.4 billion that result from the daily revaluation of foreign currency denominated asset holdings at current exchange rates, and incurred interest expense of $248 million on securities sold under agreement to repurchase.

Additional earnings were derived from income from services of $432 million. In 2015, statutory dividends totaled $1.7 billion and $778 million of net income was transferred to surplus.

FRB: Press Release--Federal Reserve Board announces Reserve Bank income and expense data and transfers to the Treasury for 2015--January 11, 2016

Looks like the Treasury received $100.2 billion out of $113.6 billion in interest earnings.

But yet they collected 3.3 TRILLION dollars that year....
•  The IRS collected more than $3.3 (Tables 1 and 6). trillion in gross taxes in Fiscal Year (FY) 2015 (Tables 1 and 5) and issued •  The IRS also collected almost more than 119.0 million refunds (Table $389.9 billion in income taxes, be- 7), amounting to almost $403.3 billion fore refunds, from businesses in FY (Tables 1 and 8).

https://www.irs.gov/pub/irs-soi/15databk.pdf

But yet they collected 3.3 TRILLION dollars that year....

The Treasury did, not the Federal Reserve.

BTW, why is the IRS incorporated in Puerto Rico, a territory???? Hmmmmmmm?

It's not. Hmmmmmm.

 

[Dale Smith]

I hope that's a joke

Dale is a joke.

I generally agree with what he says. But wow, he's gone la la on this one. I suppose he thinks the post office is private too

He's a nut on much more than just the Fed.

The Fed is a private entity...that is a fact. I thought it was a "gubermint" entity as well but I was wrong. BTW, your beloved "gubermint" is a corporate entity and the reasons as to why that is significant would probably be too much for you to comprehend.

The Fed is a private entity...that is a fact.

You might have a better case except for the fact that the US Treasury received $100 billion versus $1.7 billion for the "private owners".

BTW, your beloved "gubermint" is a corporate entity

Is my birth certificate pledged as collateral for a government loan?

Yep, under the UCC, anything can be monetized and used as a negotiable instrument. The Fed takes in way more money than it gives back after (snicker) "Operating costs"...of course we don't know what those costs are because they have never had a "top to bottom" audit. What partial audit that was done showed that during the 2008 banking crisis that they created money and loaned it to their member banks over seas. I have already proven beyond a shadow of a doubt that "da gubermint" is a corporate entity and you can find them on the Dun and Bradstreet website.

 

[Dale Smith]

Really? How much did the Fed bank give to the alleged "Treasury" compared to what they took in???? I will wait.....

Release Date: January 11, 2016
For release at 12:00 p.m. EST

The Federal Reserve Board on Monday announced preliminary results indicating that the Reserve Banks provided for payments of approximately $97.7 billion of their estimated 2015 net income to the U.S. Treasury. In addition, the Federal Reserve transferred to the Treasury $19.3 billion from Reserve Bank capital surplus on December 28, 2015, which was the amount necessary to reduce aggregate Reserve Bank surplus to the $10 billion surplus limitation in the Fixing America's Surface Transportation Act (FAST Act). The FAST Act, which was enacted on December 4, 2015, requires that aggregate Federal Reserve Bank capital surplus not exceed $10 billion. The 2015 audited Reserve Bank financial statements are expected to be published in March and may include adjustments to these preliminary unaudited results.

The Federal Reserve Banks' 2015 estimated net income of $100.2 billion was derived primarily from $113.6 billion in interest income on securities acquired through open market operations (U.S. Treasury securities, federal agency and government-sponsored enterprise (GSE) mortgage-backed securities (MBS), and GSE debt securities). Operating expenses of the Reserve Banks, net of amounts reimbursed by the U.S. Treasury and other entities for services the Reserve Banks provided as fiscal agents, totaled $3.9 billion in 2015. In addition, the Reserve Banks were assessed $689 million for the costs related to producing, issuing, and retiring currency, $705 million for Board expenditures, and $490 million to fund the operations of the Consumer Financial Protection Bureau. The Reserve Banks had interest expense of $6.9 billion associated with reserve balances and term deposits held by depository institutions, recorded foreign currency translation losses of $1.4 billion that result from the daily revaluation of foreign currency denominated asset holdings at current exchange rates, and incurred interest expense of $248 million on securities sold under agreement to repurchase.

Additional earnings were derived from income from services of $432 million. In 2015, statutory dividends totaled $1.7 billion and $778 million of net income was transferred to surplus.

FRB: Press Release--Federal Reserve Board announces Reserve Bank income and expense data and transfers to the Treasury for 2015--January 11, 2016

Looks like the Treasury received $100.2 billion out of $113.6 billion in interest earnings.

But yet they collected 3.3 TRILLION dollars that year....
•  The IRS collected more than $3.3 (Tables 1 and 6). trillion in gross taxes in Fiscal Year (FY) 2015 (Tables 1 and 5) and issued •  The IRS also collected almost more than 119.0 million refunds (Table $389.9 billion in income taxes, be- 7), amounting to almost $403.3 billion fore refunds, from businesses in FY (Tables 1 and 8).

https://www.irs.gov/pub/irs-soi/15databk.pdf

But yet they collected 3.3 TRILLION dollars that year....

The Treasury did, not the Federal Reserve.

BTW, why is the IRS incorporated in Puerto Rico, a territory???? Hmmmmmmm?

It's not. Hmmmmmm.

Wanna bet?

 

[jasonnfree]

What Donald did was legal. The focus should have been on clinton. The thousands of emails erased. What was in them, inquiring minds, of which there are apparently none on the democrat side, could have asked. How can this clinton woman even be considered for any government job, much less president. She obviously can't be trusted with matters of national security. Her "I made a mistake and won't do it again" seems to be ok with her supporters.

 

[Dale Smith]

Really? How much did the Fed bank give to the alleged "Treasury" compared to what they took in???? I will wait.....

Release Date: January 11, 2016
For release at 12:00 p.m. EST

The Federal Reserve Board on Monday announced preliminary results indicating that the Reserve Banks provided for payments of approximately $97.7 billion of their estimated 2015 net income to the U.S. Treasury. In addition, the Federal Reserve transferred to the Treasury $19.3 billion from Reserve Bank capital surplus on December 28, 2015, which was the amount necessary to reduce aggregate Reserve Bank surplus to the $10 billion surplus limitation in the Fixing America's Surface Transportation Act (FAST Act). The FAST Act, which was enacted on December 4, 2015, requires that aggregate Federal Reserve Bank capital surplus not exceed $10 billion. The 2015 audited Reserve Bank financial statements are expected to be published in March and may include adjustments to these preliminary unaudited results.

The Federal Reserve Banks' 2015 estimated net income of $100.2 billion was derived primarily from $113.6 billion in interest income on securities acquired through open market operations (U.S. Treasury securities, federal agency and government-sponsored enterprise (GSE) mortgage-backed securities (MBS), and GSE debt securities). Operating expenses of the Reserve Banks, net of amounts reimbursed by the U.S. Treasury and other entities for services the Reserve Banks provided as fiscal agents, totaled $3.9 billion in 2015. In addition, the Reserve Banks were assessed $689 million for the costs related to producing, issuing, and retiring currency, $705 million for Board expenditures, and $490 million to fund the operations of the Consumer Financial Protection Bureau. The Reserve Banks had interest expense of $6.9 billion associated with reserve balances and term deposits held by depository institutions, recorded foreign currency translation losses of $1.4 billion that result from the daily revaluation of foreign currency denominated asset holdings at current exchange rates, and incurred interest expense of $248 million on securities sold under agreement to repurchase.

Additional earnings were derived from income from services of $432 million. In 2015, statutory dividends totaled $1.7 billion and $778 million of net income was transferred to surplus.

FRB: Press Release--Federal Reserve Board announces Reserve Bank income and expense data and transfers to the Treasury for 2015--January 11, 2016

Looks like the Treasury received $100.2 billion out of $113.6 billion in interest earnings.

But yet they collected 3.3 TRILLION dollars that year....
•  The IRS collected more than $3.3 (Tables 1 and 6). trillion in gross taxes in Fiscal Year (FY) 2015 (Tables 1 and 5) and issued •  The IRS also collected almost more than 119.0 million refunds (Table $389.9 billion in income taxes, be- 7), amounting to almost $403.3 billion fore refunds, from businesses in FY (Tables 1 and 8).

https://www.irs.gov/pub/irs-soi/15databk.pdf

But yet they collected 3.3 TRILLION dollars that year....

The Treasury did, not the Federal Reserve.

BTW, why is the IRS incorporated in Puerto Rico, a territory???? Hmmmmmmm?

It's not. Hmmmmmm.

31 Questions and Answers about the IRS, Revision 3.4

 

[nat4900]

So at this point you are one of 3 things. A dick, a troll, or stupid.

I'd go with ALL 3.

 

[Dale Smith]

So at this point you are one of 3 things. A dick, a troll, or stupid.

I'd go with ALL 3.

Ever heard of the phrase "those that live in glass houses"?. Needless to say, you wouldn't be on anyone's "call a friend" list for the show "Who Wants To Be A Millionaire".......

 

[Toddsterpatriot]

Dale is a joke.

I generally agree with what he says. But wow, he's gone la la on this one. I suppose he thinks the post office is private too

He's a nut on much more than just the Fed.

The Fed is a private entity...that is a fact. I thought it was a "gubermint" entity as well but I was wrong. BTW, your beloved "gubermint" is a corporate entity and the reasons as to why that is significant would probably be too much for you to comprehend.

The Fed is a private entity...that is a fact.

You might have a better case except for the fact that the US Treasury received $100 billion versus $1.7 billion for the "private owners".

BTW, your beloved "gubermint" is a corporate entity

Is my birth certificate pledged as collateral for a government loan?

Yep, under the UCC, anything can be monetized and used as a negotiable instrument. The Fed takes in way more money than it gives back after (snicker) "Operating costs"...of course we don't know what those costs are because they have never had a "top to bottom" audit. What partial audit that was done showed that during the 2008 banking crisis that they created money and loaned it to their member banks over seas. I have already proven beyond a shadow of a doubt that "da gubermint" is a corporate entity and you can find them on the Dun and Bradstreet website.

Yep, under the UCC, anything can be monetized and used as a negotiable instrument.

Great. Who makes money on my birth certificate? Who pays? How?

The Fed takes in way more money than it gives back after (snicker) "Operating costs"..

Based on my link, operating costs, including dividends for the "private shareholders" is about $13 billion.
It's not a (snicker) secret.

during the 2008 banking crisis that they created money and loaned it to their member banks over seas.

Not exactly. They're called Central Bank Liquidity Swaps. Between the Fed and ECB, for example.
They got dollars, we got Euros. Later, we got the dollars back in exchange for the Euros.
Both central banks even made money on the deal.

I have already proven beyond a shadow of a doubt that "da gubermint" is a corporate entity

Define "corporate entity" and explain why we should care.

 

[Toddsterpatriot]

Release Date: January 11, 2016
For release at 12:00 p.m. EST

The Federal Reserve Board on Monday announced preliminary results indicating that the Reserve Banks provided for payments of approximately $97.7 billion of their estimated 2015 net income to the U.S. Treasury. In addition, the Federal Reserve transferred to the Treasury $19.3 billion from Reserve Bank capital surplus on December 28, 2015, which was the amount necessary to reduce aggregate Reserve Bank surplus to the $10 billion surplus limitation in the Fixing America's Surface Transportation Act (FAST Act). The FAST Act, which was enacted on December 4, 2015, requires that aggregate Federal Reserve Bank capital surplus not exceed $10 billion. The 2015 audited Reserve Bank financial statements are expected to be published in March and may include adjustments to these preliminary unaudited results.

The Federal Reserve Banks' 2015 estimated net income of $100.2 billion was derived primarily from $113.6 billion in interest income on securities acquired through open market operations (U.S. Treasury securities, federal agency and government-sponsored enterprise (GSE) mortgage-backed securities (MBS), and GSE debt securities). Operating expenses of the Reserve Banks, net of amounts reimbursed by the U.S. Treasury and other entities for services the Reserve Banks provided as fiscal agents, totaled $3.9 billion in 2015. In addition, the Reserve Banks were assessed $689 million for the costs related to producing, issuing, and retiring currency, $705 million for Board expenditures, and $490 million to fund the operations of the Consumer Financial Protection Bureau. The Reserve Banks had interest expense of $6.9 billion associated with reserve balances and term deposits held by depository institutions, recorded foreign currency translation losses of $1.4 billion that result from the daily revaluation of foreign currency denominated asset holdings at current exchange rates, and incurred interest expense of $248 million on securities sold under agreement to repurchase.

Additional earnings were derived from income from services of $432 million. In 2015, statutory dividends totaled $1.7 billion and $778 million of net income was transferred to surplus.

FRB: Press Release--Federal Reserve Board announces Reserve Bank income and expense data and transfers to the Treasury for 2015--January 11, 2016

Looks like the Treasury received $100.2 billion out of $113.6 billion in interest earnings.

But yet they collected 3.3 TRILLION dollars that year....
•  The IRS collected more than $3.3 (Tables 1 and 6). trillion in gross taxes in Fiscal Year (FY) 2015 (Tables 1 and 5) and issued •  The IRS also collected almost more than 119.0 million refunds (Table $389.9 billion in income taxes, be- 7), amounting to almost $403.3 billion fore refunds, from businesses in FY (Tables 1 and 8).

https://www.irs.gov/pub/irs-soi/15databk.pdf

But yet they collected 3.3 TRILLION dollars that year....

The Treasury did, not the Federal Reserve.

BTW, why is the IRS incorporated in Puerto Rico, a territory???? Hmmmmmmm?

It's not. Hmmmmmm.

Wanna bet?

Hit me with your best shot.

 

[Toddsterpatriot]

Release Date: January 11, 2016
For release at 12:00 p.m. EST

The Federal Reserve Board on Monday announced preliminary results indicating that the Reserve Banks provided for payments of approximately $97.7 billion of their estimated 2015 net income to the U.S. Treasury. In addition, the Federal Reserve transferred to the Treasury $19.3 billion from Reserve Bank capital surplus on December 28, 2015, which was the amount necessary to reduce aggregate Reserve Bank surplus to the $10 billion surplus limitation in the Fixing America's Surface Transportation Act (FAST Act). The FAST Act, which was enacted on December 4, 2015, requires that aggregate Federal Reserve Bank capital surplus not exceed $10 billion. The 2015 audited Reserve Bank financial statements are expected to be published in March and may include adjustments to these preliminary unaudited results.

The Federal Reserve Banks' 2015 estimated net income of $100.2 billion was derived primarily from $113.6 billion in interest income on securities acquired through open market operations (U.S. Treasury securities, federal agency and government-sponsored enterprise (GSE) mortgage-backed securities (MBS), and GSE debt securities). Operating expenses of the Reserve Banks, net of amounts reimbursed by the U.S. Treasury and other entities for services the Reserve Banks provided as fiscal agents, totaled $3.9 billion in 2015. In addition, the Reserve Banks were assessed $689 million for the costs related to producing, issuing, and retiring currency, $705 million for Board expenditures, and $490 million to fund the operations of the Consumer Financial Protection Bureau. The Reserve Banks had interest expense of $6.9 billion associated with reserve balances and term deposits held by depository institutions, recorded foreign currency translation losses of $1.4 billion that result from the daily revaluation of foreign currency denominated asset holdings at current exchange rates, and incurred interest expense of $248 million on securities sold under agreement to repurchase.

Additional earnings were derived from income from services of $432 million. In 2015, statutory dividends totaled $1.7 billion and $778 million of net income was transferred to surplus.

FRB: Press Release--Federal Reserve Board announces Reserve Bank income and expense data and transfers to the Treasury for 2015--January 11, 2016

Looks like the Treasury received $100.2 billion out of $113.6 billion in interest earnings.

But yet they collected 3.3 TRILLION dollars that year....
•  The IRS collected more than $3.3 (Tables 1 and 6). trillion in gross taxes in Fiscal Year (FY) 2015 (Tables 1 and 5) and issued •  The IRS also collected almost more than 119.0 million refunds (Table $389.9 billion in income taxes, be- 7), amounting to almost $403.3 billion fore refunds, from businesses in FY (Tables 1 and 8).

https://www.irs.gov/pub/irs-soi/15databk.pdf

But yet they collected 3.3 TRILLION dollars that year....

The Treasury did, not the Federal Reserve.

BTW, why is the IRS incorporated in Puerto Rico, a territory???? Hmmmmmmm?

It's not. Hmmmmmm.

31 Questions and Answers about the IRS, Revision 3.4

How about a real source? Perhaps an IRS source?

 

[Redfish]

No Donald it makes you a rich asshole who takes advantage of the tax code.

I gleaned the same conclusion that NY Mag did:

Did Trump Just Admit He Doesn’t Pay Any Taxes?
Did Trump Just Admit He Doesn’t Pay Any Taxes?

When Clinton raised this history, Trump took it as a compliment.
“That makes me smart,” Trump interrupted, at the mention of his tax avoidance.

Moments later, Trump seemed to confirm that he still, to this day, does not pay any income tax. After the GOP nominee argued that America is in debt because Clinton wasted money on interventions overseas, Clinton replied that, actually, we’re in debt because her rival doesn’t pay federal taxes.
“It would be squandered, too,” Trump replied.


I've contended from Day One that he won't release his returns because he does not pay his taxes.
“It would be squandered, too,” Trump replied.

I can picture the cringing of Trump's advisers back stage as the Donald uttered those moronic remarks.

A veritable admission of guilt, Mr. Nat. She cornered him. Too bad he didn't prepare better with some bright obfuscation.

what specifically is he guilty of?

 

[Redfish]

question for our resident Hillary supporters:

Do you think that the Clintons used the tax code to minimize their tax liability?

second question: Do you?

third question: are you stupid if you don't?

 

[Redfish]

Each person gets only one vote

So I say 10% is enough . $10 bucks on a $100 , $100,000 on a million

But you know it's not like that, the way it is now 0 on a $100 and what $390,000 on a million ?

How is that fair one person one vote

One pays zip zero in federal taxes

And one pays

$390,000 dollars

Bullshit.....NO ONE has ever offered ONE verifiable example that any individual or corporation ever paid the 39.6%....Heck, the stipulation is that Trump made $640 MILLION and paid ZERO on that yearly income......

I can ONLY be proven wrong if Trump released his tax returns....LOL

The crazy thing is, business get tax exemptions ALL the time from the government from the smallest parts of government, cities, all the way up to the top in the federal government. Seriously, and then as soon as the exemption ends, they move on to somewhere else and a new set of exemptions. Putting workers out of jobs and leaving nothing but an empty building a weakened economy behind. I'm so tired of hearing about business taxes, truth is they get treated well all the time.

Which of course is totally insane when you look at the components of GDP and think about what segment will give the largest return on investment.

Consumer spending is 60-70% while business investment is 15-17%.

90% of consumers, who spend the most of their income, make less than $100K.

so what? are you ready to tell Beyoncé and Jay Z that they can only make 100K? How about members of congress? are they ready to limit their income to a dictated maximum in order to make poor people feeeeeeeeeeeeeeeeeeeeel better?

 

[Redfish]

I don't believe he is breaking any laws.....just release the returns......easy as breathing.

the problem is that the corrupt media and the lying democrats will make up lies about his returns and it will waste a lot of time trying to correct them.

That's what the tax return demand is about, the dems need something to take the attention off of hillary's lying, corruption, and ill health.

 

[Wyatt earp]

Not paying taxes makes me smart

Will hang over Trump like the 47% comment hung over Romney. It was an acknowledgement by Trump that he is part of that 47% who do not pay taxes

It is also bragging that he knows the rules are set up to allow people like him to avoid paying taxes and he is smart enough and has enough lawyers to know how to use them

Trump highlights the difference between the haves and have nots and gloats over being one of the haves

Nobody cares but people that hate him. It's really not an issue. 99.9% of Americans try to get out of paying taxes. Quit being an ignorant hack

99.9% of Americans do not have a team of lawyers to get them out of paying taxes. They do not have a tax code written by the rich and for the rich

They do not have $10 billion at their disposal. They struggle to support their families and end up paying more in taxes than freeloader Trump

Translation ~ democrats made the tax laws so complicated you need a team of lawyers to try to defeat it, so they get suckered by democrats and end up paying more then they should


Now you get why I hate democrats?


.

 

[Dale Smith]

I generally agree with what he says. But wow, he's gone la la on this one. I suppose he thinks the post office is private too

He's a nut on much more than just the Fed.

The Fed is a private entity...that is a fact. I thought it was a "gubermint" entity as well but I was wrong. BTW, your beloved "gubermint" is a corporate entity and the reasons as to why that is significant would probably be too much for you to comprehend.

The Fed is a private entity...that is a fact.

You might have a better case except for the fact that the US Treasury received $100 billion versus $1.7 billion for the "private owners".

BTW, your beloved "gubermint" is a corporate entity

Is my birth certificate pledged as collateral for a government loan?

Yep, under the UCC, anything can be monetized and used as a negotiable instrument. The Fed takes in way more money than it gives back after (snicker) "Operating costs"...of course we don't know what those costs are because they have never had a "top to bottom" audit. What partial audit that was done showed that during the 2008 banking crisis that they created money and loaned it to their member banks over seas. I have already proven beyond a shadow of a doubt that "da gubermint" is a corporate entity and you can find them on the Dun and Bradstreet website.

Yep, under the UCC, anything can be monetized and used as a negotiable instrument.

Great. Who makes money on my birth certificate? Who pays? How?

The Fed takes in way more money than it gives back after (snicker) "Operating costs"..

Based on my link, operating costs, including dividends for the "private shareholders" is about $13 billion.
It's not a (snicker) secret.

during the 2008 banking crisis that they created money and loaned it to their member banks over seas.

Not exactly. They're called Central Bank Liquidity Swaps. Between the Fed and ECB, for example.
They got dollars, we got Euros. Later, we got the dollars back in exchange for the Euros.
Both central banks even made money on the deal.

I have already proven beyond a shadow of a doubt that "da gubermint" is a corporate entity

Define "corporate entity" and explain why we should care.

I generally agree with what he says. But wow, he's gone la la on this one. I suppose he thinks the post office is private too

He's a nut on much more than just the Fed.

The Fed is a private entity...that is a fact. I thought it was a "gubermint" entity as well but I was wrong. BTW, your beloved "gubermint" is a corporate entity and the reasons as to why that is significant would probably be too much for you to comprehend.

The Fed is a private entity...that is a fact.

You might have a better case except for the fact that the US Treasury received $100 billion versus $1.7 billion for the "private owners".

BTW, your beloved "gubermint" is a corporate entity

Is my birth certificate pledged as collateral for a government loan?

Yep, under the UCC, anything can be monetized and used as a negotiable instrument. The Fed takes in way more money than it gives back after (snicker) "Operating costs"...of course we don't know what those costs are because they have never had a "top to bottom" audit. What partial audit that was done showed that during the 2008 banking crisis that they created money and loaned it to their member banks over seas. I have already proven beyond a shadow of a doubt that "da gubermint" is a corporate entity and you can find them on the Dun and Bradstreet website.

Yep, under the UCC, anything can be monetized and used as a negotiable instrument.

Great. Who makes money on my birth certificate? Who pays? How?

The Fed takes in way more money than it gives back after (snicker) "Operating costs"..

Based on my link, operating costs, including dividends for the "private shareholders" is about $13 billion.
It's not a (snicker) secret.

during the 2008 banking crisis that they created money and loaned it to their member banks over seas.

Not exactly. They're called Central Bank Liquidity Swaps. Between the Fed and ECB, for example.
They got dollars, we got Euros. Later, we got the dollars back in exchange for the Euros.
Both central banks even made money on the deal.

I have already proven beyond a shadow of a doubt that "da gubermint" is a corporate entity

Define "corporate entity" and explain why we should care.

"Great. Who makes money on my birth certificate? Who pays? How?"
Here is a post I wrote months ago that I guess you missed. This is the start of your education and the history we were not taught......


We are not free.....at least not in the true sense of the word and we have never been truly free, at least not in our lifetime. What we were taught in school about our history was a complete and total lie. The 13th amendment did not free the slaves but rather it made all of us subject to VOLUNTARY servitude. The 14 amendment made us all subjects of the USA.INC that was finally incorporated with the Act of 1871 where we know longer had rights but privileges. The enslavement of the people of this country had to happen in stages because a full frontal assault would have never been allowed to happen...even as illiterate as most people were back then...... the fact is, the international bankers took control of a big piece of the American pie due to the debt created by the Civil War even in spite of Lincoln' greenback dollar.

The next stage was the insertion of Rothschild agents like the Rockefeller family, the Harrimans, DuPonts, House of Morgan, Carnegie and eventually even funded Henry Ford to set up monopolies. The game Monopoly is all about the Rothschilds giving seed money to select few in order for them to monopolize industries like steel, chemicals, oil, the railroads, banking to fund them and the horseless carriage where they worked out sweet deals between each other in order to drive out and break competition. This is what happened during the industrial age but the biggest prize was complete control of our money supply...that was the sweetest plum on the tree. They used their wealth and influence to cause the panics of 1907 and 1910 that caused a run on the banks. This made the people clamor for a cure to the very problem that they caused. So they came up with the Federal Reserve Act which was passed in 1913 when most of Congress was heading home on Christmas vacation. But as a side note (and in order to move Woodrow Wilson to sign off on this), USA.INC declared bankruptcy in 1912 and it was JP Morgan, using Rothschild silver that bailed out the banks temporarily.USA.INC was broke and had twenty years to pay of the debt. Enter the Federal Reserve Act and the international bankers that took control over the printing press. The international bankers got what they wanted....which was control over our money system...like Mayer Amschel Rothschild said "Give me control of a nation's currency and I care not whom makes their laws"....

So, now America is entering the roaring 20's and the bankers of the Fed affiliated banks are lending out money allowing people to buy a 100 dollars worth of stock for ten dollars down...but there was a catch.....a margin call could be done at any time. People are making money hand over fist and life is good. At the peak of the market, the international bankers and their agents silently pull out of the market and then make the dreaded margin call. Stockholders ran to the unaffiliated Fed banks to pull out what they believe is their money that is stored only to find out that there isn't enough in the vaults to pay back their debt.....so the market crashes and these thieving bastards rush in and buy up controlling shares of the corporations that they coveted and bought up unaffiliated banks assuring them that they would insure part of the deposits of the people for pennies on the dollar . It was one of the biggest heists in the history of the world but they did one better when people were forced under law to turn in their gold due the Chapter 11 bankruptcy of 1933....

Now to explain as to how the Crash of 1929 was artificially created, From 1923 until 1929, the Fed inflated the money supply by over 60 percent and most of it was used to invest in the stock market and then suddenly reversed it's easy money policy as this was when the balloon was about to pop. The bankers pulled out of the market and made tremendous profits while it was high. The House of Rothschild did the same thing to the British market as they did to Wall Street during the war between Britain and France. Back in those days only couriers were allowed to go through enemy lines. Rothschild had a courier that made it through a full 24 hours before the others did and reported that Napoleon had been defeated. Rothschild started unloading his British bonds and others watching this figured that Rothschild had inside information and followed suit thinking that France had won.......prices plunged and Rothschild agents swooped into buy up those bonds for pennies on the dollar. In one day Nathan Rothschild ended up owning the British monetary system. They repeated the same thing with the Crash of 1929. What is so ironic and sad about this was the that Federal Reserve central bank was sold to the American people as a safe guard against the very thing that they caused. Seven million people died during the Depression due to starvation and mal-nutrition all so a bunch of greedy bankers could own what was left.

Due to USA.INC not being able to pay their debt or re-organize from the bankruptcy of 1912 after the twenty year period was up. FDR dissolved the standing Federal government with the Emergency Banking Act of 1933 (48 Stat.1, Public Law 89-719 as it was bankrupt and insolvent. Due to this bankruptcy, all new money has to be borrowed into existence. All states started issuing serial-numbered, certificated “warehouse receipts” for births and marriages in order to pledge us as collateral against those loans and municipal bonds taken out with the Federal Reserve’s banks. The “Full faith and Credit” of the American people is said to be that which back the nation’s debt. That simply means the American people’s ability to labor and pay back that debt. In essence, we became a surety on the debt as our birth certificates were "monetized" being that they were printed on bond paper and using actuary tables, they attach a starting value based on what you will earn, the taxes and fees you pay. The bank made themselves the trustee of that bond and will collect the balance of it when you die with the death certificate.

This is a speech given by James Traficant, a democrat rep from Ohio that dared to tell the truth....now you know why he was drummed out of politics and put in jail on trumped up charges. It's an excellent essay on what has been done to us and is something you should all read.


Speaker-Rep. James Traficant, Jr. (Ohio) addressing the House:

"Mr. Speaker, we are here now in chapter 11.. Members of Congress are official trustees presiding over the greatest reorganization of any Bankrupt entity in world history, the U.S. Government. We are setting forth hopefully, a blueprint for our future. There are some who say it is a coroner’s report that will lead to our demise.

It is an established fact that the United States Federal Government has been dissolved by the Emergency Banking Act, March 9, 1933, 48 Stat. 1, Public Law 89-719; declared by President Roosevelt, being bankrupt and insolvent. H.J.R. 192, 73rd Congress m session June 5, 1933 - Joint Resolution To Suspend The Gold Standard and Abrogate The Gold Clause dissolved the Sovereign Authority of the United States and the official capacities of all United States Governmental Offices, Officers, and Departments and is further evidence that the United States Federal Government exists today in name only.

The receivers of the United States Bankruptcy are the International Bankers, via the United Nations, the World Bank and the International Monetary Fund. All United States Offices, Officials, and Departments are now operating within a de facto status in name only under Emergency War Powers. With the Constitutional Republican form of Government now dissolved, the receivers of the Bankruptcy have adopted a new form of government for the United States. This new form of government is known as a Democracy, being an established Socialist/Communist order under a new governor for America. This act was instituted and established by transferring and/or placing the Office of the Secretary of Treasury to that of the Governor of the International Monetary Fund. Public Law 94-564, page 8, Section H.R. 13955 reads in part: "The U.S. Secretary of Treasury receives no compensation for representing the United States?’

Gold and silver were such a powerful money during the founding of the united states of America, that the founding fathers declared that only gold or silver coins can be "money" in America. Since gold and silver coinage were heavy and inconvenient for a lot of transactions, they were stored in banks and a claim check was issued as a money substitute. People traded their coupons as money, or "currency." Currency is not money, but a money substitute. Redeemable currency must promise to pay a dollar equivalent in gold or silver money. Federal Reserve Notes (FRNs) make no such promises, and are not "money." A Federal Reserve Note is a debt obligation of the federal United States government, not "money?’ The federal United States government and the U.S. Congress were not and have never been authorized by the Constitution for the united states of America to issue currency of any kind, but only lawful money, -gold and silver coin.

It is essential that we comprehend the distinction between real money and paper money substitute. One cannot get rich by accumulating money substitutes, one can only get deeper into debt. We the People no longer have any "money." Most Americans have not been paid any "money" for a very long time, perhaps not in their entire life. Now do you comprehend why you feel broke? Now, do you understand why you are "bankrupt," along with the rest of the country?

Federal Reserve Notes (FRNs) are unsigned checks written on a closed account. FRNs are an inflatable paper system designed to create debt through inflation (devaluation of currency). when ever there is an increase of the supply of a money substitute in the economy without a corresponding increase in the gold and silver backing, inflation occurs.

Inflation is an invisible form of taxation that irresponsible governments inflict on their citizens. The Federal Reserve Bank who controls the supply and movement of FRNs has everybody fooled. They have access to an unlimited supply of FRNs, paying only for the printing costs of what they need. FRNs are nothing more than promissory notes for U.S. Treasury securities (T-Bills) - a promise to pay the debt to the Federal Reserve Bank.

There is a fundamental difference between "paying" and "discharging" a debt. To pay a debt, you must pay with value or substance (i.e. gold, silver, barter or a commodity). With FRNs, you can only discharge a debt. You cannot pay a debt with a debt currency system. You cannot service a debt with a currency that has no backing in value or substance. No contract in Common law is valid unless it involves an exchange of "good & valuable consideration." Unpayable debt transfers power and control to the sovereign power structure that has no interest in money, law, equity or justice because they have so much wealth already.

Their lust is for power and control. Since the inception of central banking, they have controlled the fates of nations.

The Federal Reserve System is based on the Canon law and the principles of sovereignty protected in the Constitution and the Bill of Rights. In fact, the international bankers used a "Canon Law Trust" as their model, adding stock and naming it a "Joint Stock Trust." The U.S. Congress had passed a law making it illegal for any legal "person" to duplicate a "Joint Stock Trust" in 1873. The Federal Reserve Act was legislated post-facto (to 1870), although post-facto laws are strictly forbidden by the Constitution.

The Federal Reserve System is a sovereign power structure separate and distinct from the federal United States government. The Federal Reserve is a maritime lender, and/or maritime insurance underwriter to the federal United States operating exclusively under Admiralty/Maritime law. The lender or underwriter bears the risks, and the Maritime law compelling specific performance in paying the interest, or premiums are the same.

Assets of the debtor can also be hypothecated (to pledge something as a security without taking possession of it.) as security by the lender or underwriter. The Federal Reserve Act stipulated that the interest on the debt was to be paid in gold. There was no stipulation in the Federal Reserve Act for ever paying the principle.

Prior to 1913, most Americans owned clear, allodial title to property, free and clear of any liens or mortgages until the Federal Reserve Act (1913)

"Hypothecated" all property within the federal United States to the Board of Governors of the Federal Reserve, -in which the Trustees (stockholders) held legal title. The U.S. citizen (tenant, franchisee) was registered as a "beneficiary" of the trust via his/her birth certificate. In 1933, the federal United States hypothecated all of the present and future properties, assets and labor of their "subjects," the 14th Amendment U.S. citizen, to the Federal Reserve System.

In return, the Federal Reserve System agreed to extend the federal United States corporation all the credit "money substitute" it needed. Like any other debtor, the federal United States government had to assign collateral and security to their creditors as a condition of the loan. Since the federal United States didn’t have any assets, they assigned the private property of their "economic slaves", the U.S. citizens as collateral against the unpayable federal debt. They also pledged the unincorporated federal territories, national parks forests, birth certificates, and nonprofit organizations, as collateral against the federal debt. All has already been transferred as payment to the international bankers.

Unwittingly, America has returned to its pre-American Revolution, feudal roots whereby all land is held by a sovereign and the common people had no rights to hold allodial title to property. Once again, We the People are the tenants and sharecroppers renting our own property from a Sovereign in the guise of the Federal Reserve Bank. We the people have exchanged one master for another.

This has been going on for over eighty years without the "informed knowledge" of the American people, without a voice protesting loud enough. Now it’s easy to grasp why America is fundamentally bankrupt.

Why don’t more people own their properties outright?

Why are 90% of Americans mortgaged to the hilt and have little or no assets after all debts and liabilities have been paid? Why does it feel like you are working harder and harder and getting less and less?

We are reaping what has been sown, and the results of our harvest is a painful bankruptcy, and a foreclosure on American property, precious liberties, and a way of life. Few of our elected representatives in Washington, D.C. have dared to tell the truth. The federal United States is bankrupt. Our children will inherit this unpayable debt, and the tyranny to enforce paying it.

America has become completely bankrupt in world leadership, financial credit and its reputation for courage, vision and human rights. This is an undeclared economic war, bankruptcy, and economic slavery of the most corrupt order! Wake up America! Take back your Country."

 

[sealybobo]

We use every loophole available to avoid taxes....our accountant is as smart as Trump....get it now loons?

We've understood all along. I think you are missing the point. Us liberals have been telling you the rich aren't paying their fair share in taxes and you cons have been arguing with us. Now trump admits it and you still want to argue?

So now we know trump and companies like GE pay no taxes. No wonder we're broke

What taxes???? What taxes are they not paying their "fair share of? Income tax, corporate income tax? Why does composite government have so much wealth while pleading empty pockets? Composite "gubermint" (which is a corporate entity) isn't hurting for money...they simply plead poverty so they can justify less services while subsidizing the flood of illegals they are welcoming into this country. No offense, but you are a bit on the clueless side.

You're insane. Either that or brilliant. LOL

 

[Dale Smith]

I generally agree with what he says. But wow, he's gone la la on this one. I suppose he thinks the post office is private too

He's a nut on much more than just the Fed.

The Fed is a private entity...that is a fact. I thought it was a "gubermint" entity as well but I was wrong. BTW, your beloved "gubermint" is a corporate entity and the reasons as to why that is significant would probably be too much for you to comprehend.

The Fed is a private entity...that is a fact.

You might have a better case except for the fact that the US Treasury received $100 billion versus $1.7 billion for the "private owners".

BTW, your beloved "gubermint" is a corporate entity

Is my birth certificate pledged as collateral for a government loan?

Yep, under the UCC, anything can be monetized and used as a negotiable instrument. The Fed takes in way more money than it gives back after (snicker) "Operating costs"...of course we don't know what those costs are because they have never had a "top to bottom" audit. What partial audit that was done showed that during the 2008 banking crisis that they created money and loaned it to their member banks over seas. I have already proven beyond a shadow of a doubt that "da gubermint" is a corporate entity and you can find them on the Dun and Bradstreet website.

Yep, under the UCC, anything can be monetized and used as a negotiable instrument.

Great. Who makes money on my birth certificate? Who pays? How?

The Fed takes in way more money than it gives back after (snicker) "Operating costs"..

Based on my link, operating costs, including dividends for the "private shareholders" is about $13 billion.
It's not a (snicker) secret.

during the 2008 banking crisis that they created money and loaned it to their member banks over seas.

Not exactly. They're called Central Bank Liquidity Swaps. Between the Fed and ECB, for example.
They got dollars, we got Euros. Later, we got the dollars back in exchange for the Euros.
Both central banks even made money on the deal.

I have already proven beyond a shadow of a doubt that "da gubermint" is a corporate entity

Define "corporate entity" and explain why we should care.

Based on my research, the IRS, the collection arm of the IMF that took USA.INC into receivership in 1950 to provide the 19 enumerated and essential "gubermint" services as a successor to contract is the "Treasury".

"Not exactly. They're called Central Bank Liquidity Swaps"

That's a fancy way of saying that they created and extended credit from noting being that both are fiat currencies backed by nothing of an intrinsic value....nothing but fancy bookkeeping entries.


"Define "corporate entity" and explain why we should care"

Because when you incorporate something, you take it from the jurisdiction of the land to the jurisdiction of the sea i.e "Commerce law" or as they say the "Universal Commercial Code". Unless you understand legalese and Black's Law dictionary, you can't possibly defend yourself in their admiralty courts. Do you think that the gold fringe around the flag that you see in federal courts and federal offices is just because they wanted to "pimp" the corporate banner of USA.INC? Not hardly......