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Lets be very clear all government expenditure is financed by the people in private debt, simply because its the people who give up the only commensurable consideration of value where there never is any loan or borrowing.
Government expenditure has been always financed by the people, NOT BY TAXATION, but instead where purported representatives of the people, whether its on federal, state or council levels are perpetually re-borrowing (alleged borrowing [LAUNDERING]) what has formerly been stolen & paid out of circulation in purported loans within the private sectors, only to have that same money formerly stolen & paid out of circulation in private debt come back again & again, over & over as an ever greater escalation in government debt, which is the very thing that finances government expenditure, apposed to the long time fallacy or barefaced lie that just keeps on assuming taxation otherwise does.
Taxation under banking is therefore not funding government expenditure, it never has, but instead either directly or indirectly paid into the banks coffers via political extortion, contrary to the age old LIE that otherwise suggests taxation finances federal or government expenditure, & we categorically know this is a LIE, simply because firstly logic alone tells any dummy government spending always comes before taxation & secondly no one on the face of this planet can prove or demonstrate how the sum of interest is created or issued into circulation above the sum of principal. Moreover & just as important nor can anyone prove or demonstrate what consideration of value the bank or mere publisher is risking or giving up to even justify their purported creation of principal, nor for that matter & just as equally important can anyone prove or demonstrate what consideration these thieves are risking or giving up in any purported loan to one of us in the private sector.
Therefore the primary school mathematics & rudimentary logic is telling anyone of sound mind that taxation has never ever funded federal expenditure under banking, when its instead entirely dedicated to service but never pay down government debt.
So its even debatable if taxation has ever worked at all, other than working as a further crime of theft of course, which to be frank is a debate I could win with absolute certainty in the first round.
Furthermore the fact alone taxation is not ever retired is the smoking gun that actually proves taxation is misappropriated by political betrayers as a means to steal & or extort even further money from the people to service a falsified debt that’s mathematically impossible to pay down.
Its comes as no surprise then that not one politician on the face of this planet has ever worked for or represented the people under the ruse of banking, simply because facts alone prove politicians work for & represent the very thieves who rob the people via purported loans in all private sectors of course that politicians facilitate with criminal legislation, which are so called loans that neither ethically or rationally transpire in the first place, subsequently imposing unwarranted taxation as a further crime of theft yet again to service but never pay down Federal, State & Council debt. Primarily due to the volumetric impropriety of unwarranted interest (perpetual deflation) imposed an all private debt.
Contrary to what you have all been led to believe since birth we the people are the only true fiduciary issuers & creators of all new money which is only principal, telling us using nothing more than primary school mathematics, logic & rudimentary deduction that taxation has never ever funded government expenditure, not ever & never will.
Banks on the other hand or mere publishers cant even prove nor demonstrate they create the principal, much less the interest that sets off these cycles of perpetual deflation & subsequent cycles of reflation, which is the very process that irreversibly multiplies all this falsified debt into terminal debt, & lets not forget all the other resulting crimes of injustice & theft that follow as a consequence , such as for example unwarranted taxation that can only at best service but never ever pay down government debt.
At the end of the day banking is an inherent terminal process that no amount of regulation or taxation/extortion can ever solve. Any or all regulation under banking without exception can only at best temper or prolong ultimate monetary destruction so we all fall that much harder in the end.
Make no mistake my sorely divided countrymen the second biggest LIE next to the biggest LIE that suggests BANKS LOAN US MONEY is the further LIE that suggests TAXATION FUNDS GOVERNMENT EXPENDITURE.
In short anything or anyone that preserves this monumental crime of theft & not just the lie thats suggests taxation funds government expenditure, but likewise the biggest lie that suggest we borrow or loan money from banks is making it much, much worse for each & everyone of us.
Advocate / mentor, Co-founder, Co-director – Mathematically Perfected Economy™ (au)