Sep 2, 2013

Do you think that government’s gross income was primarily tax income?

"If you polled Americans asking the question: Do you think that government’s gross income was primarily tax income? Ninety-nine (99%) percent would answer yes when in fact that answer would be saying in comparison that the world is flat."

Governments keep 2 sets of books, from Nooganomics

This is very informative and important reading for citizen education. It says tax is only one third of gross income. Two thirds come from a government's investment and commercial operations. Don't forget the revenues that are generated from commonly owned properties, such as oil, land and sovereign wealth funds.

Although this article analyses the USA example, it is applicable to other countries. 
"So why are 99% of the public conditioned to reply with an answer that is so contrary to truth and signifies an intelligence factor of a medieval serf from the first century on this specific question of such great importance?"
When politicians ask, "Do you want more tax in order to provide more welfare?", you know that is a nonsensical question. It is like a beggar pointing to his empty left pocket while his right pocket is full of cash.

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