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Taxes and Tax Preparation
Microsoft Corporation
Barack Obama

The government takes all our money through taxes yet he is the only one who is legally allowed to produce money where does the money go if not to him?

Answer

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Wiki User
March 22, 2012 7:10PM

NOT get to tax you on just having money, or (at least federally) on having any other asset.

Anyone is allowed to issue their own money or vouchers, etc. Look at a casino and it's chips. Or any institution and it's bonds, or gift cards, etc. so ye