- Jun 19, 2000
So, what would the result be if we all quit paying federal taxes? I've heard some rumblings .........It's due to the largest wealth transfer in history from bottom to top visa vi private and governmental debt. We went for years refusing to tax those that have to pay for things we count not afford, and instead financed visa vi debt. At the same time they extended credit back to the vast middle and lower and now we're perpetually in debt via the feds and privately because of it. This was by design - Some have been frank about the mechanizations like Grover Norquest in his starve the beast speeches.