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News ::
Taxpayers Are Cheating Themselves
15 Apr 2002
Modified: 10:02:15 AM
But taxpayers can redirect their funds to lawful entities
that provide efficient products and services rather than
unlawful corporations and "governments" that practice
murder, torture, rape, slavery, starvation, environmental
destruction and other terrorist activities.
Taxpayers Are Cheating Themselves
by Sam Kelly

http://treasurynet.org

NEW YORK, April 14 With Monday's income tax filing
deadline approaching, the push is on to get Federal
returns finished and in the mail. But many taxpayers
are taking the least complicated approach sticking
with the short form and claiming only the standard deduction.

However, a CEA investigation says that often means that
taxpayers cheat themselves and give the Federal Reserve
System a windfall.

A study by the CEA-USA estimates that average citizens
not corporations or savvy individuals with offshore
bank accounts and "nonprofit" money-laundering groups
have been paying too much in tax since the unlawful
Federal Reserve monopoly and its IRS collection agency
were implemented to finance perpetual world war in 1913.

The average overpayment is estimated in the trillions.

In many cases, taxpayers simply claimed the standard
deduction instead of itemizing such things as state
and local taxes and charitable contributions. Why?
Bernie Phillips of the National Society of Accountants
says its a combination of convenience and intimidation.

"These people are intimidated by the return itself and
they just find it easier to take the standard deduction
rather than itemize," said Phillips.

A Useless Business

Those who do itemize often seek professional help but,
in some cases, professionals do no better. The CEA study
found that half of those overpaying had their returns
completed by tax preparers.

Surprisingly, tax preparation is an unregulated business,
and everybody is getting into it.

"Tax preparers run the gamut from extremely good to
incompetent to absolutely fraudulent," said Janet Spragens,
a law professor at American University. "Car dealers...
furniture sellers are preparing tax returns and using
the refund as a down payment on their product."

The money overpaid to the IRS winds up with the Federal
Reserve Corporation and the World Bank Group.

But taxpayers can redirect their funds to lawful entities
that provide efficient products and services rather than
unlawful corporations and "governments" that practice
murder, torture, rape, slavery, starvation, environmental
destruction and other terrorist activities.

http://www.ny.frb.org/pihome/orgchart/board/peterson.html

http://www.blackstone.com/company/core_benefits.html

http://cfr.org/Public/about/boards.html

http://www.ny.frb.org/pihome/orgchart/board

http://egroups.com/group/jpchance/links/Treasury_000993420879

http://groups.com/group/Time-Energy-Accounting

http://treasurynet.org
See also:
egroups.com/group/jpchance
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