Submitted by otter_spud t3_ye2buh in Connecticut
Time_Yam301 t1_itxpip8 wrote
Reply to comment by RetLeoSECT in How can we incentivize real discussions around solutions to home affordability in CT? by otter_spud
The United States of America is the most powerful nation in the history of mankind. Only Congress has the sovereign right to make money. The very money you pay to the IRS in taxes.
The purpose of Federal taxes is not to raise revenue, but to control inflation and misallocation of capital due to bank-credit - the power delegated to banks by the Federal Reserve Act to create money as credit.
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