And since national debt is the result of imbalances between taxes collected and taxes spent, and could be paid down to zero and retired...

Part three of the Tax Gap series. In this video, I review my Top 10 Ideas on how to fix our Tax Code and close the Tax Gap, which is the amount Americans are cheating on their taxes annually. In 2019, that amount was projected to be north of $600 billion which would go a long way toward addressing our National Debt problem. Sources: IRS History: https://www.irs.gov/irs-history-timeline IRS 2021 Data Book: https://www.irs.gov/pub/irs-pdf/p55b.pdf IRS Tax Gap Reports:...

Modern Monetary Theory (MMT) posits that National Debt is not a concern because the Government can’t go bankrupt, but that depends on how one defines bankrupt and what currency and capital are being reviewed… Special thanks to: Audio Special Thanks: Readers! Do You Read by Chris Zabriskie is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/ Source: http://chriszabriskie.com/reappear/ Artist: http://chriszabriskie.com/

In this video, we go back to beneficiary number one, Ida May Fuller, to show how she and many Americans earned their Social Security entitlements and why the structure of the program suggests it is a legal Ponzi Scheme. This information shouldn’t be considered right or wrong, it should just be considered as the Baby Boomer Generation continues to claim entitlements at a rate of 10,000 per day until 2030, and the Trust Fund is drawn down from $2.8 trillion to zero between 2023

The final video of a three-part series on how to fix our Federal Individual Tax System. In this video, we throw out the old system and replace it with a Unified Federal Flat Tax System that just might be the key to saving our democracy and finally solving our National Debt Problem. Become a Patron: https://www.patreon.com/watchguardcapital Source:https://www.irs.gov/pub/irs-prior/p1304--2021.pdf Special thanks for audio to: Jacques Offenbach - Can-Can