"100% of what is collected is absorbed solely by interest on the Federal Debt
… all individual income tax revenues are gone before one nickel is spent on the
services taxpayers expect from government."
-Grace Commission report submitted to President Ronald Reagan - January 15, 1984
archive.org/stream/TheGraceCommissionReport-RevealedIrsFrontForBankingDynastiesIn1984/TheGraceCommisionReport-RevealedIrsFrontForBankingDynastiesIn1984_djvu.txt