If the below is true, the implications would be absolutely staggering: (HT: Fred)
this is shocking:
— Arthur MacWaters (@ArthurMacwaters) December 31, 2025
> US collects $2.4T in income tax, but spends $1.5T on fraud
> if we didn't have to pay for fraud, only $900b would need to be collected
> this means anyone with less 500k in income could pay *literally $0* in income tax
we don't need to raise taxes. we… https://t.co/kz1ZU2bRcx pic.twitter.com/An7eotgpOT
It should be one of President’s top priorities. Minnesota is just the tip of the fraud iceberg.
Would it not be wonderful, Fred, if we could wave a magic wand and eliminate huge portions of federal spending? If fraud is the basis of much spending, it seems that ought to be possible unless members of Congress are the beneficiaries.
The Federal government in effect has more in common with organized crime than it does differences.
Consider the recently passed Social Security Fairness Act: Instead of reforming Social Security to make it more solvent, this Congress made Social Security less solvent by extending benefits to the least deserving, that being public unions. Nothing more than an open political bribe which made SS less fair. It creates outsized benefits for workers who had significant earnings that were exempt from payroll taxes compared to those who paid Social Security taxes over their entire careers.
Through civil forfeiture, govt steals grotesque amounts of money, often without charging the victim with a crime.
I agree, J. Sobran. That was pretty awful what Congress did recently with social security and federal workers.
How does one observing the US for the past decade…not develop the general sense that whatever is the purpose of the institutions that constitute the Swamp, our well-being is not part of it?
We need to remember that, after the explosion of federal spending with Covid-19, we never even remotely returned to pre-Covid levels, regardless of which party was in charge. Where is all the money going?