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Originally Posted by Slingin Sammy 33
Please explain how the federal government/infrastructure allows private individuals & companies to make money? As far as the government infrastructure goes we already pay for that, far more than we should. The government provides military to make sure we don't get taken over, OK. Interstate roads receive federal funding, I get it. Possibly some oversight into banking and finance, OK I get that too. What else could the fed possibly do to make sure I have "hard earned money"? I'd gladly keep my 7.8 or so percent of my paycheck for SS and Medicare and handle my own retirement. States/localities provide over 94% of education funding. Police and Fire are provided through state and local taxes.
You will recall, I'm sure, from your history lessons that there was no income tax in the U.S. until the early part of the 20th century. The country was doing just fine economically without it.
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I'm sure you recall from your own history lessons that there was in fact an income tax imposed during the Civil War, and that much of the debate regarding the necessity of an income tax that led to the constitutional amendment surfaced in the aftermath of the Spanish-American War. Apparently, the US Congress and three-quarters of the union's states believed that the country was not doing "just fine" without an income tax.
Oh, and you say that it is "possible" that there may be some justification for the federal government's use of power to provide "some" oversight of banking and finance? Meaning, that this is a close call? That no oversight might not be a bad idea. Wow.