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US Government Targets Its Own Citizens In Massive Tax Rebate Fraud
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February 9, 2008
US Government Targets Its Own Citizens In Massive Tax Rebate Fraud
By: Sorcha Faal, and as reported to her Western Subscribers
In what one Russian Economist has stated is ‘the most massive fraud in human history’, the United States has targeted its own war weary citizens for financial destruction with the passage of new law that the American people, being told by their propaganda media organs, believe will give them tax rebate checks up to $1,200.00.
Dr. Tatyana Koryagina, of Russias Ministry of Economic Development, and who accurately predicted the September 11, 2001 attacks upon America, states that this new US Law, titled “Recovery Rebates and Economic Stimulus for the American People Act of 2008”, and to be signed into law by President Bush, does not, in fact, give any money at all to the American people, but instead is a loan on taxes for money earned by US citizens during 2008.
Dr. Koryagina states that the deception by the US War Leaders against their own people is contained in the very words used in this new law, and which says: “SEC. 6428. 2008 RECOVERY REBATES FOR INDIVIDUALS.`(a) In General- In the case of an eligible individual, there shall be allowed as a credit against the tax imposed by subtitle A for the first taxable year beginning in 2008 an amount equal to the lesser of--`(1) net income tax liability, or`(2) $600 ($1,200 in the case of a joint return).”
The significance, Dr. Koryagina points out in understanding the exact wording of this new law, lies in the section name that states ‘rebate’ (a return of part of the original payment for some service or merchandise; partial refund), but in the actual wording of the law states that these monies are a ‘credit’ (an entry of payment or value received on an account) against imposed taxes for 2008.
Dr. Koryagina’s report to the Kremlin further points out that this new law is, in fact, a deceptively engineered ploy by the United States to pump billions of dollars into their failing banking system as nearly half of Americans (currently staggering under a record $2.5 trillion in personal debt), in a new poll conducted by International Council of Shopping Centers and UBS Securities, have stated they will use these checks to pay off creditors.
An American economist, Peter Morici from the University of Maryland, has also noted the odd ‘coincidence’ that the amount of monies under this new law equal the massive losses incurred by US banks from their loan debacles, and as he states:
continued at [link to www.whatdoesitmean.com]
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