The U.S. government has taxed working class Americans to pump enormous amounts of money into anti-poverty programs.
Heritage.org: In his January 1964 State of the Union address, President Lyndon Johnson proclaimed, “This administration today, here and now, declares unconditional war on poverty in America.” In the 50 years since that time, U.S. taxpayers have spent over $22 trillion on anti-poverty programs.
The U.S. government has taxed working class Americans to pump vast sums of money into the U.N./IMF and the World Bank – large sums of which end up in the treasure chests of America’s avowed enemies. (e.g. World Bank’s Top 10 Biggest Debtors).
The U.S. government poured out over $15 billion in the Silicon Valley Bank bailout – in large part due to waiving the $250,000 federal deposit insurance limit for many of the wealthy depositors “that were in no real danger,” as noted in the Fortune article below.
Fortune: The FDIC has accidentally released a list of companies it bailed out for billions in the Silicon Valley Bank collapse
June 23, 2023 – Excerpt: “… the decision to guarantee all accounts above the $250,000 federal deposit insurance limit also helped bigger companies that were in no real danger. Sequoia Capital, the world’s most prominent venture-capital firm, got covered the $1 billion it had with the lender. Kanzhun Ltd., a Beijing-based tech company that runs mobile recruiting app Boss Zhipin, received a backstop for more than $900 million.
The U.S. government and Federal Reserve pumped trillions of dollars of liquidity extensions and credit guarantees into major domestic and foreign banks and insurers during the 2008-2010 financial crisis, including: Morgan Stanley, Bank of America, Citigroup, JP Morgan, Goldman Sachs, State Street, Wells Fargo, Merrill Lynch, AIG, Barclays, Deutsche Bank, Royal Bank of Scotland, UBS AG, BNP Paribas, and numerous others.
Thanks to the Federal Reserve, thousands of ultra-wealthy banking principles, insiders, and major investors did not have to take ‘a haircut.’
Meanwhile, meanwhile 8.8 millions jobs were lost, while at the same time, several of the very banks / mortgage servicing institutions receiving Fed liquidity extensions, turned right around and foreclosed on some 8.4 million homes during the crisis.
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Working class Americans are currently getting taxed from every imaginable angle:
Paradigm Life: Here are the 97 taxes in the US tax code:
- Air Transportation Taxes
- Biodiesel Fuel Taxes
- Building Permit Taxes
- Business Registration Fees
- Capital Gains Taxes
- Cigarette Taxes
- Court Fines
- Disposal Fees
- Dog License Taxes
- Drivers License Fees
- Employer Health Insurance Mandate Tax
- Employer Medicare Taxes
- Employer Social Security Taxes
- Environmental Fees
- Estate Taxes
- Excise Taxes On Comprehensive Health Insurance Plans
- Federal Corporate Taxes
- Federal Income Taxes
- Federal Unemployment Taxes
- Fishing License Taxes
- Flush Taxes
- Food And Beverage License Fees
- Franchise Business Taxes
- Garbage Taxes
- Gasoline Taxes
- Gift Taxes
- Gun Ownership Permits
- Hazardous Material Disposal Fees
- Highway Access Fees
- Hotel Taxes (these are becoming quite large in some areas)
- Hunting License Taxes
- Import Taxes
- Individual Health Insurance Mandate Taxes
- Inheritance Taxes
- Insect Control Hazardous Materials Licenses
- Inspection Fees
- Insurance Premium Taxes
- Interstate User Diesel Fuel Taxes
- Inventory Taxes
- IRA Early Withdrawal Taxes
- IRS Interest Charges
- IRS Penalties
- Library Taxes
- License Plate Fees
- Liquor Taxes
- Local Corporate Taxes
- Local Income Taxes
- Local School Taxes
- Local Unemployment Taxes
- Luxury Taxes
- Marriage License Taxes
- Medicare Taxes
- Medicare Tax Surcharge On High Earning Americans Under Obamacare
- Obamacare Individual Mandate Excise Tax
- Obamacare Surtax On Investment Income
- Parking Meters
- Passport Fees
- Professional Licenses And Fees (another form of taxation)
- Property Taxes
- Real Estate Taxes
- Recreational Vehicle Taxes
- Registration Fees For New Businesses
- Toll Booth Taxes
- Sales Taxes
- Self-Employment Taxes
- Sewer & Water Taxes
- School Taxes
- Septic Permit Taxes
- Service Charge Taxes
- Social Security Taxes
- Special Assessments For Road Repairs Or Construction
- Sports Stadium Taxes
- State Corporate Taxes
- State Income Taxes
- State Park Entrance Fees
- State Unemployment Taxes (SUTA)
- Tanning Taxes
- Telephone 911 Service Taxes
- Telephone Federal Excise Taxes
- Telephone Federal Universal Service Fee Taxes
- Telephone Minimum Usage Surcharge Taxes
- Telephone State And Local Taxes
- Telephone Universal Access Taxes
- The Alternative Minimum Tax
- Tire Recycling Fees
- Tire Taxes
- Tolls
- Traffic Fines
- Use Taxes
- Utility Taxes
- Vehicle Registration Taxes
- Waste Management Taxes
- Water Rights Fees
- Watercraft Registration & Licensing Fees
- Well Permit Fees
- Workers Compensation Taxes
- Zoning Permit Fees
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Washington Democrats and Republicans have no plans of redress for working American families bearing the brunt of their taxing / spending/ inflation-driving high deficit policies.
Main Street America Republicans do have a plan – one that will instantaneously eliminate vast quantities of debt for America’s middle-income earners and ‘destress’ small businesses across the land.
The Leviticus 25 Plan will re-incentivize work, expand the work force, and increase productivity.
It will grant millions of American families the same direct access to liquidity that was provided to Wall Street’s financial sector (2008-2010) – to allocate freely and directly according to their discretionary needs (housing upgrades, transportation upgrades, stay-at-home opportunities for raising a family, child-care services, education, job-training, health-care access, quality of life improvements.
The most powerful economic plan in the world:
The Leviticus 25 Plan is a dynamic economic initiative providing direct liquidity benefits for American families, while at the same time scaling back the role of government in managing and controlling the affairs of citizens. It is a comprehensive plan with long-term economic and social benefits for citizens and government.
The inspiration for this plan is based upon Biblical principles set forth in the Book of Leviticus, principles tendering direct economic liberties to the people.
The Leviticus 25 Plan – An Economic Acceleration Plan for America
$90,000 per U.S. citizen – Leviticus 25 Plan 2023 (7063 downloads)