Fact: The Government Owns ALL our Money

Congress is thinking about removing the tax deduction for interest paid on mortgages. The mortgage interest deduction is said to be one of the most popular provisions of the tax code. What does any deduction assume? It assumes that if there were no deductions the Federal government theoretically could claim all our money.

How do we get deductions? The government gives them to us. I’m reminded of a comment made by the biblical character Job: “Naked I came from my mother's womb, and naked I shall return there. The Lord gave and the Lord has taken away. Blessed be the name of the Lord” (Job 1:21).

Job could say this because his life and possessions were a gift from God. What God gave, He could take away, “since He Himself gives to all people life and breath and all thing” (Acts 17:25).

The Declaration of Independence assumes the truth of Job’s own declaration: We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.”

Governments, as they are understood in God’s economy, do not give or take away rights; they are in the business to protect what God has freely given.

In our day, the State has declared itself to be god, and as we saw in the last election, the majority of voters like it that way. They’ve picked their Caesar.

We could modernize Job’s declaration so it better reflects the way civil government operates in the 21st century:

“Naked I came from my mother's womb if my mother didn’t abort me since the State has made killing pre-born babies legal, and naked I shall return possibly prematurely in order to save on medical expenses since the new healthcare legislation has gone into effect. The State gave and the State can take it away if 51 percent of voters say it can. Blessed be the name of the government program that sends me redistributed wealth in the name of fairness.”

We start with 100 percent of our income. The government passes laws that allow us to claim certain deductions. The more deductions we have, the less we have to pay the State. The fewer deductions we have, the more we have to pay the State.

Who gives us the deductions? The government. We don’t get to choose what we can deduct. The State gives, and the State takes away. When the tax code was revamped by reducing rates, certain deductions were eliminated, for example, interest that was paid on credit cards. Over time, the rates have increased, but the credit card interest deduction was not reinstated.

Talk about deductions and closing “loop holes” are designed to divert attention away from the real issue. When the State owns our money, it owns our time; when it owns our time, it owns us.

It’s a shame that we don’t have an opposition party that can articulate these ideas. Of course, the reason we don’t is because the majority of Republicans are in the wealth redistribution business as well.


About Gary DeMar
Gary is a graduate of Western Michigan University (1973) and earned his M.Div. at Reformed Theological Seminary in 1979. He is the author of countless essays, news articles, and more than 27 book titles.
  • hardtruth

    The Talmud is the well of evil and it's operatives are the army against Christianity and our Republic.They will not be happy until they kill all of us. They are educated and crafty. There motto is, "We shall war by lies and deceptions". If that's not a wake up to you, then we are all doomed. They did 911 as they did the USS Liberty in 1967. We have had no terrorist in this Country except the Talmudist [ operatives ] all events were staged. Yes, every one.Underwear bomber, 911, Oklahoma bombing and all the rest of it. Staged and they own the news media plus our politicians and President. They are the promoters of "The New World Order". They are wolves killing off the sheep.

  • David S. McQueen

    Gary DeMar is wrong in the sense that money belongs to the government. It is personal property of the individual. The government taxes income and allows some income to be exempt from said taxation. I don't really get the biblical quote, anyway. When a person provides labor, he is compensated for that labor, usually by legal tender (money) and often also by "benefits" (health care, stock options, 401K matches, etc.).

    • dixon757

      Paper money originates with the government, of course, but when that government spends (mostly to buy votes or pay off constituencies) it relinquishes ownership. That makes a good case for gold and silver, which have intrinsic value not limited to artistic inscription and are not easily conjured up.

      • David S. McQueen

        So if you're dying of thirst in the middle of the desert and had a ton of gold and silver, what would be the value of those metals? A quart of water?

  • http://www.facebook.com/profile.php?id=1836584278 Diane Nusz

    Contact your members of the House of Rep to vote Boehner out. on Jan 3. His term is up. He booted out 4 conservatives . We need a new Speaker of the House or none at all. In fact the Speaker does not even have to be a residing member of the House. He can be someone like Allen West. Or Romney. We need a good leader, Someone to stand up to Obama. God help this nation. Send us a leader out of this mess.

    • dixon757

      Allen West is available, I believe, and is a man of principle. We need to deploy such assets.

  • Progressive Republican

    "Fact: The Government Owns ALL our Money". You guys just now figuring this out? Really? Pretend like you're paying attention and catch up to the rest of us. Obtw, the government owns all the property too. Don't believe me? See what happens when you stop paying your property taxes/rent.

    • anonymous

      It's called tax evasion. It's illegal for a reason.

  • OBUMMER IS MENTALLY DERRANGED

    THe BIBLE also says THE EARTH IS THE LORD'S AND ALL THAT IS IN IT.PROVERBS 22-7 AND THE BORROWER SHALL BE SERVANT TO THE LENDER.We are just stewards down here.Even the idiots in the highest levels of govt will have to stand before Jesus to be judged for this time down here.Jesus also said"TO WHOM MUCH IS GIVEN MUCH WILL BE REQUIRED.

  • Conservativesniper

    The 13 colonies became a country because of oppressive taxation. The government needs to be reminded of this, by whatever means necessary. Whenever whatever level of government takes money out of your pocket, IT IS A TAX.

    Also, the ludicrous assertion that the government "owns all our money" could only be put forth by someone utterly devoid of contact with reality. This is not a socialist country.

    Finally, let me quote Thomas Jefferson,"We hold these truths to be self-evident, that all men are created equal,
    that they are endowed by their Creator with certain unalienable Rights,
    that among these are Life, Liberty and the pursuit of Happiness.--That
    to secure these rights, Governments are instituted among Men, deriving
    their just powers from the consent of the governed, --That whenever any
    Form of Government becomes destructive of these ends, it is the Right of
    the People to alter or to abolish it, and to institute new Government,
    laying its foundation on such principles and organizing its powers in
    such form, as to them shall seem most likely to effect their Safety and
    Happiness.". This also needs to be communicated, by whatever means necessary, especially the last sentence.

  • anonymous

    So this article saying it's a bad thing that the government that is responsible with the well being of its people is not letting them keep their money so they can blow their income on booze, gambling and cars instead of healthcare, education and safety? Well it's defiantly giving that impression.