In God We Trust is a powerful and dynamic song off the critically acclaimed project “First Come First Served” Young N Reckless use a revolutionary and unique approach to attract the attention of the masses. The group drives home the concept of “In God We Trust” addressing several issues such as whether the society we live in believes more in God or money. This is a radical and different approach to making music that empowers people in a way not seen in this day and age. More so, the song highlights the idea of using lawful money to end the fed and erase the country’s national debt.
The personal income tax of the Federal state is not considered to be a tax. This is an obligation or burden through which the taxpayer assumes to pay.The tax becomes a burden to people who are using private credit. The tax that is imposed as a fee or charge is brought by the use of the private credit , and the private credit that is utilized measures the financial obligation. Based on the tax provision for personal income, this is being considered as a private law and not as a public law. In understanding private law better, this is mainly confined to the specific individuals, corporations or associations. Even the private law is enforced by a competent jurisdiction by the time that the statutes for the enforcement are enacted.
The song makes it clear that only by trusting in God, will all monetary issues concerning the Federal Reserve system and the government be handled. At the present, there are 2 monetary systems that compete- public monetary system and the Federal Reserve System. The former mainly consists of the legal tender coins and U.S Treasury notes. Anyone can make use of the public money system and pay all the bills with U.S notes and coins. Apart from it, one could also utilize the private credit system. The obligation can be incurred in making a good return of income.
For all people using a private credit such as mortgages, credit cards and bank accounts, they can plug themselves into the system. They are also obligated to file a return as average taxpayers.
There are certain problems that are discussed concerning the bigger amount of Federal Reserve notes. If they were to be redeemed on an ongoing basis, then the private credit will now be withdrawn from the circulation. They will then be replaced with the public money. The Fed will be required to pay off for the national debt. In the event that the Fed does not redeem the notes in terms of public money, then the private credit will become unsustainable.
If using private credit is compulsory, then the responsibility of making a return of the income is now voided. On the other hand, it proved to be disadvantageous to possibly close out all of the bank accounts.
In connection to the personal income tax, this is believed to be not a real tax. Instead, people may consider it as a burden or an obligation. This is voluntarily assumed and is raised by means of voluntary contributions. This may even be spent for the purposes that are not known in the constitution. True taxes should be entirely spent in meeting the public purposes. However, taxation is simply instituted in loaning or giving money to the private individuals and business enterprises. This is proven to be illegal and thus, a problem to many.