NewsBusted: Federal Workers Owe Billions in Back Taxes

Monday, February 6, 2012 | Subscribe to Video Updates

Topics in today’s show:

–Timothy Geithner announces he’s resigning from being Treasury Secretary

–Hillary Clinton also resigning as Secretary of State

–Steven Spielberg to direct movie about Moses

–Bacon and beef prices have gone up over 20% in the last 3 years

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nvrpc

The only way you’re goping to stop this bull sheet is to do as I say and that’s tax all earning wit no write off for any reason BEFORE you get you money in your hands. Here’s how to get-r-done and to be fair about it.

Step #1 = Abolish the IRS and all of its tax codes immediately.

Step #2 = Establish a flat 10% tax rate plus a 2% VAT tax where your annual tax obligation is automatically withdrawn from each paycheck. This 10% withdraw will cover the individuals state and federal obligation for the year with no need to ever file a 1040 form. There’s to be no other taxes of any kind for any reason. The 10% is distributed at 2% to the state and 8% the federal government and is to be frozen at 10% for eternity. A 2% VAT is to assure those that make the most and therefore spend the most will be the ones who pay the most because they buy the most.

Step # 3 = State, Federal and VAT taxes are to be frozen forever and will never be more than 10% of you earnings / profits and since all earnings and sales are electronically recorded you cannot hide / shelter them.

If the United States of America cannot run it’s government on 10% of everyone’s income then shut down all non essential programs and keep only those a 10% tax + 2% VAT will support. In conjunction with the fair taxation plan comes no borrowing to sustain or support any programs, period, and the books must be balanced on Dec 31st of each year with the results posted in real time; allowing the public to see where their money is being spent.

Only you the tax paying people of America can stop the insanity of being taxed into poverty and used as a never ending involuntary donor to support the parasite of this world. If you have no balls to abolish the IRS or to mandate the establishment of a fair tax policy, then just change your name to JB ( Johnny Bendover ) and smile as they molest you and your children relentlessly for eternity.

As it stands now and with the current IRS tax code this is exactly what they’re doing to you at this moment.

It’s time for a cashless society worldwide so we can get our financials in order and assure we are all sharing the tax load equally.

el_loco_jp

Your goals are laudable but misguided. Taxing income lets all the welfare deadbeats and other social parasites off the hook. A universal national sales tax (10%) would even it all out. Rich people spend more so they would pay more. And, at least, we would get something back from the “poor”.

James D.

If the federal workers owe taxes simple fire all the ones that have not paid. EVEN THE CLOWNS IN CONGRESS
guest on this planet

If they dont pay , why should we !!! Taxation without representation is tyranny .

patriot2

guest.I just have to agree,they don’t pay taxes,don’t work,& they go after every dime they could get out of me.same with you?

guest on this planet

YES !!! ALL THEY DO IS RAISE TAXES AND PISS MORE MONEY. AWAY > THE DEMOCRATS WONT PASS A BUDGET LET ALONE BALANCE ONE < JUST KEEP RAISING TAXES AND ENTITLEMENTS

Dean

The more entitlements the more votes, whether they are valid or fraudulent.

el_loco_jp

Representation without taxation is worse. Disenfranchise all the welfare deadbeats and other social parasites the live off the rest of us. Then they won’t be able to re-re-re-reelect welfare pimps that pass out the “goodies” to stay in office.

stoneface

What about establishing a new rule that no-one may vote who does not have a valid return for taxes paid to be issued by the revenue department of each state.

relayman

Look what you get with “taxation with representation.” Tyranny!

guest on this planet

Publish their names , state that they are from ,job and how they got it and what they make . Put that on tv , the internet and papers .SEE IF THE DEMONRATS AND THE 99PERCENT APPROVE
guest on this planet

TAX EVASION IS A CRIME , WHY ISNT HOLDER GOING AFTER THEM?

Retired Marine MSgt in Marana, Az

He’s probably one of them.

Nick

I think if we want to have any chance in restoring this once great country and have a great leader; we must look beyond just Obama to what is behind all the chaos, corruption and media bias. That would be people like George Soros and the many others that hide in the shadows, who pull the strings and throw billions of dollars to those who are in the eye of the public to keep their agenda on track.

Soros and the others manipulate the entire media and political system. They MUST BE CRUSHED and CONTAINED if we have any chance! Once contained the puppets like Obama will fall then there must be constant monitoring of them so this can not get out of hand again. This makes complete sense!
http://yahoo.com Bob Flannery

Every Federal Who owes back taxes Must be Fired. We pay their Salary . If they will not pay their Taxes they must be fired and Belongings confictated !!!!
Floyd

Proverbs 17
7 Eloquent lips are unsuited to a godless fool—
how much worse lying lips to a ruler!
11 Evildoers foster rebellion against God;
the messenger of death will be sent against them.
23 The wicked accept bribes in secret
to pervert the course of justice.
Proverbs 18
2 Fools find no pleasure in understanding
but delight in airing their own opinions.
9 One who is slack in his work
is brother to one who destroys.
15 The heart of the discerning acquires knowledge,
for the ears of the wise seek it out.
17 In a lawsuit the first to speak seems right,
until someone comes forward and cross-examines.
relayman

Why are they called “Federal ‘Workers.’” Very few, if any at all, make anything that I want. Fire all of them. That would take care of everyone’s tax problems and solve the problem of over regulation, (since there would be no one to enforce the regulation). Then if they want to eat, they can take the jobs no one wants. You know the ones that the illegals will only take.