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
Why you don't matter in Washington DC...
Part two of a series on how to fix our Federal Individual Tax System. In this video, we review the effective tax rates being paid by Americans under our current tax system, and how the results indicate there is a 99.9% chance that you don’t matter in DC. In Part III, we’ll show how a Flat Federal Tax System would save our democracy.
Sources:
IRS 2019 Individual Tax Report: https://www.irs.gov/pub/irs-pdf/p1304.pdf Social Security I
Income Cap: https://www.ssa.gov/oact/cola/cbb.html#:~:text=This%20limit%20changes%20each%20year,2023%2C%20this%20base%20is%20%24160%2C200.
Special thanks for audio to:
Western Spaghetti by Chris Haugen, https://www.youtube.com/channel/UCjwz2-ZuVjGfpf3pahuTkSw
Light Expanse by Unicorn Heads, https://www.youtube.com/channel/UCbdU8d-QYGeEseYLlrSy8KQ
Prelude No. 17 by Chris Zabriskie, http://chriszabriskie.com/preludes/ Artist: http://chriszabriskie.com/
Part one of a two-part series. In this video, we review how our current Federal Individual Tax System works, the income and deductions claimed on 157 million tax returns from 2019, and how the results indicate there is a 98.9% chance that your politicians in DC don’t care about you. In Part II, we’ll review who paid what taxes and took advantage of what tax codes to show that a Flat Federal Tax with a Flat Federal Tax Deduction System may be what our Republic needs most now.
Data Source: https://www.irs.gov/pub/irs-pdf/p1304.pdf Special thanks for audio to:
Johann Strauss II - The Blue Danube Waltz
https://www.youtube.com/watch?v=_CTYymbbEL4
