he prospect of an Internal Revenue Service “ weaponized ” against political opponents, with collection agents packing guns , is raising concern in Congress. On the other hand, a more basic and longstanding problem has managed to escape notice. The time is long past to trim the power of the IRS in particular and the federal government in general. The IRS gets workers’ tax money before the workers who earned it. This takes place through the practice of withholding money from workers’ paychecks, a development dating to World War II.
“Wars have always been the most important occasions for the introduction of new forms of taxation,” writes Robert Higgs ( Crisis and Leviathan ). “One way to capture more revenue is to reduce tax evasion by seizing the people’s earnings before the earners ever lay hands on them. This procedure has come to be known as tax withholding at the […]
Read the Whole Article From the Source: spectator.org
It’s becoming increasingly clear that fiat currencies across the globe, including the U.S. Dollar, are under attack. Paper money is losing its value, translating into insane inflation and less value in our life’s savings.
Genesis Gold Group believes physical precious metals are an amazing option for those seeking to move their wealth or retirement to higher ground. Whether Central Bank Digital Currencies replace current fiat currencies or not, precious metals are poised to retain or even increase in value. This is why central banks and mega-asset managers like BlackRock are moving much of their holdings to precious metals.
As a Christian company, Genesis Gold Group has maintained a perfect 5 out of 5 rating with the Better Business Bureau. Their faith-driven values allow them to help Americans protect their life’s savings without the gimmicks used by most precious metals companies. Reach out to them today to see how they can streamline the rollover or transfer of your current and previous retirement accounts.