Did you know that it is against the American constitution for the Federal government to levy income tax? The founding fathers knew the possibilities of abuse afforded by such powerful tools. Of the income tax levied in the US, the expenditure is approximately as follows: One third is used to pay for the standing armies which protect ‘American interests’ abroad;

A similar amount is spent on the healthcare system, (which although may appear at first glance to be for the common good, is mainly being siphoned off to pharmaceutical interests);

Whilst the remainder is given to the owners of private banks who ‘create’ the dollars used as a national currency, in payment of interest deemed to have accrued upon money taken out on ‘loans’.

The situation is hardly any different in the United Kingdom, and represents neither a beneficial use of money nor an efficient one. If as we do, you sincerely wish to improve the world, we wholeheartedly support the principle of tything, whereby you spend the money yourself on worthy causes with the intention of assisting your fellow man.

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Tagged with: empl • Tax • tax reduction

Filed under: Industry News • employee benefit trust

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