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Mapping the Real Deal: The Solari Solution

Mapping the Real Deal:

The Solari Solution
The American Tapeworm (Part 2)


A Responsible Way to Fund America's State and Local Government Deficits
or.. What To Do About The American Tapeworm
By Catherine Austin Fitts

"God does not bless a mess.”
---Bishop Alfred Owens

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The Solari Solution “In a Nutshell”

Debt = War
Equity = Peace
Learn How the Money Works
Vote With Our Time & Money
Get the Missing Money Back
Make Our Place Wonderful
Manage Our Risk

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The American Tapeworm -- Debt Up, Equity Down & Out

The real deal in US government financial matters today is that there are two plans to finance the current government deficits.

The first plan is the “American Tapeworm” model. ( See links below.) Under the leadership of the Bush Administration (and before that, the Clinton Administration) and with the support of Congress and the Supreme Court, the American Tapeworm model is to simply finance the federal deficit through warfare, currency exports, Treasury and federal credit borrowing and cutbacks in domestic “discretionary” spending.

The resulting state and local deficits will then be financed with state and local tax and user fee increases, cutbacks, employee layoffs and increased borrowing. This will then place local municipalities and local leadership in a highly vulnerable position – one that will allow them to be persuaded with bogus but high-minded sounding arguments to further cut resources. Then, to “preserve bond ratings and the rights of creditors,” our leaders can be persuaded to sell our water, natural resources and infrastructure assets at significant discounts of their true value to global investors. This process of persuasion will be with a carrot and stick, the carrot taking the form of a piece of the action and the stick taking the form of the threat of targeting by smear campaigns and covert operations.

Global investors will purchase our discounted natural resources and infrastructure by reinvesting the trillions of dollars that have been stolen from our pension funds through dot.com and Enron-type pump and dump fraud (the recent $1.4 billion settlement with Wall Street indicated that investors have lost $8 trillion) and through money stolen from federal accounts (for more on the officially documented $3.3 trillion in “undocumentable adjustments” from the Department of Defense (DOD) and $59 billion from Housing and Urban Development (HUD), see links below).

Global and institutional investors will then experience significant capital gains when multinational corporations raise the user fees on basic services to Americans by many multiples. This will all be described as a plan to “save America” by recapitalizing it on a sound financial footing. In fact, this process will simply shift more capital continuously from America to other continents and from the lower and middle classes to elites.

This parasitic plan is a criminal leveraged buyout of America -- buying a country for cheap with its own money and then jacking up the rents and fees to steal the rest. It has an infinite rate of return for the folks who are doing the stealing. It shifts equity wealth to a few in a manner that shrinks total wealth. It is the next step of the negative return on investment economy perpetuated by syndicates like the investors, banks, attorneys and senior managers of Enron, DynCorp and groups like them described in my last Mapping the Real Deal column, " The American Tapeworm."

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The Solari Solution -- Debt Down, Equity Up & In

In contrast, the Solari Solution, suggests that instead the American people should simply seize back stolen federal funds through the power of offsets. These offsets (which could take the form of, for example, the local assumption of a federal obligation) would be applied and managed by a locally created and controlled solari. In fact, the legal construct used by the federal government to try to destroy my company and me creates one of the precedents that can be used to do so. ( See links below.)

One of the many reasons that I am confident that the Solari plan works is the ferocity with which the federal government has tried to prevent me from implementing it. In an effort to destroy my last company, the federal government seized our company funds by “common law offset” whereby, without contract or statutory authority, the government declined to pay contractually-owed funds in the amount of the “offset,” leaving us to file suit to recover the money legitimately owed to us.

In other words, the government shifted the burden of proof so that instead of the government establishing in court that it had a claim to the money (which it could not do), it put the burden on my company to establish that the government had no such claim. If this were not enough, to date, through administrative delaying tactics and arguably illegal pressure through the courts, the Department of Justice has succeeded in preventing any case from going to trial for over five years, during which the government has control and use of our money. I suggest that we adopt this precedent the federal government and judiciary has now created to shut off the American Tapeworm once and for all.

The chart below lists annual federal individual tax payments as of FY1999 and our resident population. An American resident’s pro rata share of $3.3 trillion of undocumentable adjustments (that is approximately $11,700 per American) from the Department of Defense (DOD) and the Department of Housing and Urban Development (HUD) is approximately twice your 1999 tax bite.

If you multiply the 1999 individual tax payments in your state times two and compare that to what you are being told about your current state and local deficits you will notice one thing no matter where you live -- if we bring transparency to federal accounts and hold the federal government legally responsible for compliance with the laws that require audited financial statements and reliable financial systems, there will be plenty left over both to fund your state and local deficits and to properly capitalize (through the use of locally controlled solaris) attractive municipal asset privatizations and infrastructure and small business investment.

In addition to reengineering government investment locally and the flow of equity capital to small business and locally controlled privatization transactions, the Solari Solution significantly increases both individual and total wealth and restores the positive return-on-investment economy. This is how we can address our overhang of debt and liabilities.
More on how to do that is described in my recent Mapping the Real Deal column, “ Solari Rising,” and the links therein. ( See links below.)

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The California Example

Let's look at an example so we can understand the power of the Solari Solution to solve our most pressing problems.

In FY 1999, according to IRS data, California residents and those making individual payments on their behalf paid approximately $185 billion in individual taxes. That means that Californians citizens’ pro rata share of the missing $3.3 trillion at the Department of Defense and approximately $59 billion missing at Housing & Urban Development is approximately $370 billion. According to recent reports, California's deficit is approximately $35 billion. That means if California simply had access to its share of the missing money (through a solari-type offset or otherwise), it could fund the current state deficit for ten years.

It sounds to me like there ought to be a lot of attorneys in California willing to get together over at the Chamber of Commerce or the Farm Bureau and figure out how to start a solari and use it to ensure that our tax dollars are managed in accordance with the law in a manner that preserves jobs, pays for health care and builds local equity.

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Real Cash Flowing Out of Through the Tapeworm’s Criminal Enterprise

When discussing this plan, I hear numerous comments as to why we can't do the Solari Solution and should keep sending $5,000 plus a year per person to the US federal governmental apparatus even though approximately 85% is going to agencies who under corporate guidelines would loose their ability to issue securities as they were deemed not worthy of playing with other people’s moneys under the law and stock exchange guidelines.

First, the arguments go, the $3.3 trillion in undocumentable adjustments are accounting adjustments and no cash is necessarily missing. This is good spin – but it is not true. When a large organization has had all the time and money in the world to comply with basic legal standards of transparency and fiduciary management and has systematically refused to do so and moreover indicates that it is severely troubled and cannot account for its money, we know there is fraud.

It is likewise a form of fraud on Americans for the federal government to tolerate federal financial officers’ failure to produce audited financial statements as required by law, to pay billions of dollars to defense contractors for the creation and management of federal financial systems that result in no audit trail, no reliable financial controls, and the continued employment of these same contractors following repeated failures to perform. If the law were applied to these bare facts, this is gross negligence constituting criminal fraud even before exploring the issue of how much cash is missing and where it went.

The $3.3 trillion of undocumentable adjustments surely is an unreliable number, since it is produced by an unreliable source (i.e., the federal financial statement). The federal books have been cooked in a manner that is significantly outside the boundaries of the law. But be assured that when the government makes “undocumentable adjustments against Treasury” in the trillions of dollars, this is government-speak for theft of real taxpayer money. As a leader of the movement advocating transparency in federal accounts, I and my company have been systematically targeted for eight years and my company's private software tools designed to bring transparency were seized and, as a practical matter, destroyed by agents of the federal government.

I have documented numerous examples of intentional policies that cause the Federal Housing Administration accounts at HUD to lose billions of fund monies unnecessarily. Why are they doing this? Because the policies they are using make it easier to steal -- that's why! When this much time and money is spent trying to destroy the credibility of the people bringing transparency, it is because transparency is feared greatly.

My worse fears of the illegality of the government financial operations were confirmed when the chief of staff to the chairman of the HUD appropriations committee told me in the summer of 2000 that HUD was being run "as a criminal enterprise." HUD can only be run as a criminal enterprise if the Department of Treasury, the Department of Justice, the NY Fed as depository and a group of contractors like Lockheed, DynCorp, AMS, & JP Morgan Chase run it as a criminal enterprise.

If the lead attorneys and accountants for the US government are running HUD as a criminal enterprise, that means that the US government is being run as a criminal enterprise. In short, the accounting, finances and the securities issuance operations of the US government are part of a criminal enterprise.

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The Power of the Federal Credit in the Hands of a Criminal Enterprise

Another comment that I hear is that $3.3 trillion is more than could possibly have been stolen in three years, given the flow of taxes and the size of the budgets at the DOD and HUD. This is not correct. The nature of the federal apparatus is such that theft of such an amount can be organized with relatively little cash using the federal credit: through the continuously recycled purchase of federal guaranteed securities such as Treasury debt, Ginnie Mae securities and other federal credit assets.

We have a securities issuance operation not constrained by reliable systems or transparency. We have computer and accounting systems under the control of private corporations and banks with no provision to insure information sovereignty by government employees. We have leading banks like JP Morgan-Chase engaging in alleged fraudulent transactions such as secured debt issuance without perfection of collateral liens and manipulation of the international gold market. In short, we have all the conditions necessary for a financial coup d'etat. How do we know how much federal credit has been issued and is trading in the market place?

Without legally required and reliable audited financial statements and systems, we have no way of knowing the true state of federal financial affairs. Without an accurate account and servicing by unbiased and independent professionals, we have no basis to believe that the federal government has not engaged in significant over-issuance of securities and other types of securities fraud. Until we have audited financial statements from reliable auditors produced from systems created, managed and controlled by government employees reasonably protected from covert operations and “control files”, America is a financial banana republic whose securities are ripe for de-listing by global investors.

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Indecent Excuses

Indeed, the excuses for the failure to provide Americans with the audited financial statements, place-based reporting and intelligible contracting budgets grow ever more offensive.

The reasons given by the Army for the failure to comply with the requirement for audited financial statements in 2001 was due to, "the loss of financial management personnel sustained during the September 11 terrorist attack." Hence, the US military cannot stop terrorist attacks despite prior warnings, then can not protect their own headquarters an hour after the first act of war, but are rewarded with an increase in appropriations of $48 billion. Despite being flush with so much new cash, they have been so devastated by the impact of 9-11 on their financial operations, which are located in another state, that they can not produce financial statements a year later.

Are you willing to endure further cutbacks in local services and sales of natural resources that our very lives depend on in order to turn over another year of tax payments to a group that comes up with such implausible explanations? Or does this sound like a good time to get with local attorneys about our right as localities to create local federal tax set-asides under common or statutory law. Its time for local management and oversight of local expenses.

How many contractors are earning $25-250 a hour for jobs we can do excellently in our own community for much less? How about retiring our pro-rata share of the federal debt until the federal government can produce financial statements that account for all the federal cash and credit we have generated since 1995, when federal laws went into effect to require proper financial and accounting disclosure? What would the IRS do to you if YOU had refused to produce accurate financial statements to the federal government since 1995? I suspect you would be in jail.

Holding the federal government accountable to obey the law and to obey the most basic principles of fiduciary management and Judeo-Christian stewardship sounds like a better plan to me than cutbacks, issuing IOUs and selling our drinking water and other natural resources.

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Flushing Out the American Tapeworm

America does not have deficits -- we have a white-collar crime drain that is a financial tapeworm.

Let's stop the drain and get back the money that has been siphoned off by criminals to offshore and private bank accounts.

Let's not allow more hard earned funds to be drained out of our bank and pension fund accounts and lost through dollar devaluation.

Let us refuse to sell off our water and other precious natural resources to private investors who will jack up our water and utility bills by 1000% the way they have done in Latin America and Eastern Europe as global financial predators move in for their economic warfare kill.

The federal government refuses to obey the law. That is the definition of a criminal. The federal government is engaged in gross negligence and criminal enterprise. My story and the missing $3.36 trillion proves it . The federal government's criminality is disobedient to all principles of fiduciary soundness and stewardship -- whether under the laws of the United States, the standards of global investment, or the spiritual principles of Judeo-Christian and other world religions.

Tell your Congressional Representatives you are voting for the Solari Solution -- and tell them to get your money back now.

But don't wait for them.

Organize a solari. Find your local attorneys and determine what rights of set-aside and escrow are appropriate for us as citizens to ensure that our tax money is managed directly by us under local control for proper governmental purposes in compliance with the law.

Vote now for the Solari Solution.

********* ENDS ***********

APPENDIX I - Related Links:

The Solari Solution:
http://www.scoop.co.nz/mason/stories/HL0304/S00197.htm

To Vote online for the Solari Solution:
http://www.solari.com/vote.php

The American Tapeworm:
http://www.scoop.co.nz/mason/stories/HL0304/S00228.htm

For Links on the DynCorp-Enron Economy & the $3.3 Trillion Missing Money:
http://www.scoop.co.nz/mason/stories/HL0304/S00158.htm

Background for Tennessee Citizens on Our Missing Money
http://www.scoop.co.nz/mason/stories/HL0207/S00031.htm#a

Background on Federal Efforts to Stop the Solari Model:
http://www.solari.com

To Vote online for the Solari Solution:
http://www.solari.com/vote.php

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APPENDIX II - ANNUAL TAXES TO AGENCIES NOT IN COMPLIANCE

by

Catherine Austin Fitts
May 22, 2002


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US CITIZENS HAVE ALREADY LOST....

Two of the agencies that cannot produce working financial systems, DOD and HUD, have reported $3.3 trillion of undocumentable adjustments for fiscal 1998, 1999 and 2000. That works out to about $11, 700 per US resident, based on April 2000 census of 281,421,906 Americans.

Every year, approximately 85% of our taxes go to agencies that, according to the most recent reports of the oversight committees, did not have reliable financial systems and audited financial statements.

US CITIZENS ARE SENDING INTO A FINANCIAL BLACK HOLE....

USA AVERAGE

Residents (April 2000 census): 281,421,906
1999 IRS Individual Taxes: $1.6 trillion
Taxes per Resident: $5,688
2002 Proposed Appropriations to Federal Agencies Without Reliable
Financial Systems and/or Audits per Resident...$4,835

IF YOU LIVE IN ALABAMA

Residents (April 2000 census): 4,447,100
1999 IRS Individual Taxes: $15.9 billion
Taxes per Resident: $ 3,572
2002 Proposed Appropriations to Federal Agencies Without Reliable
Financial Systems and/or Audits per Resident...$3,078

IF YOU LIVE IN ALASKA

Residents (April 2000 census): 626,932
1999 IRS Individual Taxes: $2.7 billion
Taxes per Resident: $4,290
2002 Proposed Appropriations to Federal Agencies Without Reliable
Financial Systems and/or Audits per Resident...$3,750

IF YOU LIVE IN ARIZONA

Residents (April 2000 census): 5,130,632
1999 IRS Individual Taxes: $19.2 billion
Taxes per Resident: $3,749
2002 Proposed Appropriations to Federal Agencies Without Reliable
Financial Systems and/or Audits per Resident...$3,234

IF YOU LIVE IN ARKANSAS

Residents (April 2000 census): 2,673,400
1999 IRS Individual Taxes: $12. 3 billion
Taxes per Resident: $ 4,598
2002 Proposed Appropriations to Federal Agencies Without Reliable
Financial Systems and/or Audits per Resident...$3,983

IF YOU LIVE IN CALIFORNIA

Residents (April 2000 census): 33,871,648
1999 IRS Individual Taxes: $185.2 billion
Taxes per Resident: $5,467
2002 Proposed Appropriations to Federal Agencies Without Reliable
Financial Systems and/or Audits per Resident...$4,724

IF YOU LIVE IN COLORADO

Residents (April 2000 census): 4,301,261
1999 IRS Individual Taxes: $29.4 billion
Taxes per Resident: $6,833
2002 Proposed Appropriations to Federal Agencies Without Reliable
Financial Systems and/or Audits per Resident...$5,916

IF YOU LIVE IN CONNECTICUT

Residents (April 2000 census): 3,405,565
1999 IRS Individual Taxes: $31.4 billion
Taxes per Resident: $9,232
2002 Proposed Appropriations to Federal Agencies Without Reliable
Financial Systems and/or Audits per Resident...$7,959

IF YOU LIVE IN DELAWARE

Residents (April 2000 census): 783,600
1999 IRS Individual Taxes: $6.1 billion
Taxes per Resident: $7,810
2002 Proposed Appropriations to Federal Agencies Without Reliable
Financial Systems and/or Audits per Resident...$6,706

IF YOU LIVE IN FLORIDA

Residents (April 2000 census): 15,982,378
1999 IRS Individual Taxes: $ 76.5 billion
Taxes per Resident: $4,787
2002 Proposed Appropriations to Federal Agencies Without Reliable
Financial Systems and/or Audits per Resident...$4,136

IF YOU LIVE IN GEORGIA

Residents (April 2000 census): 8,186,453
1999 IRS Individual Taxes: $43.6 billion
Taxes per Resident: $5,324
2002 Proposed Appropriations to Federal Agencies Without Reliable
Financial Systems and/or Audits per Resident...$4,595

IF YOU LIVE IN HAWAII

Residents (April 2000 census): 1,211,537
1999 IRS Individual Taxes: $4.8 billion
Taxes per Resident: $3,947
2002 Proposed Appropriations to Federal Agencies Without Reliable
Financial Systems and/or Audits per Resident...$3,424

IF YOU LIVE IN IDAHO

Residents (April 2000 census): 1,293,953
1999 IRS Individual Taxes: $5.4 billion
Taxes per Resident: $ 4,197
2002 Proposed Appropriations to Federal Agencies Without Reliable
Financial Systems and/or Audits per Resident...$3,633

IF YOU LIVE IN ILLINOIS

Residents (April 2000 census): 12,419,293
1999 IRS Individual Taxes: $90.7 billion
Taxes per Resident: $7,304
2002 Proposed Appropriations to Federal Agencies Without Reliable
Financial Systems and/or Audits per Resident...$6,314

IF YOU LIVE IN INDIANA

Residents (April 2000 census): 6,080,485
1999 IRS Individual Taxes: $29.7 billion
Taxes per Resident: $4,880
2002 Proposed Appropriations to Federal Agencies Without Reliable
Financial Systems and/or Audits per Resident...$4,207

IF YOU LIVE IN IOWA

Residents (April 2000 census): 2,926,324
1999 IRS Individual Taxes: $12.1 billion
Taxes per Resident: $4,145
2002 Proposed Appropriations to Federal Agencies Without Reliable
Financial Systems and/or Audits per Resident...$3,591

IF YOU LIVE IN KANSAS

Residents (April 2000 census): 2,688,418
1999 IRS Individual Taxes: $13.7 billion
Taxes per Resident: $5,086
2002 Proposed Appropriations to Federal Agencies Without Reliable
Financial Systems and/or Audits per Resident...$4,372

IF YOU LIVE IN KENTUCKY

Residents (April 2000 census): 4,041,769
1999 IRS Individual Taxes: $ 14.8 billion
Taxes per Resident: $ 3,671
2002 Proposed Appropriations to Federal Agencies Without Reliable
Financial Systems and/or Audits per Resident...$3,182

IF YOU LIVE IN LOUISIANA

Residents (April 2000 census): 4,468,976
1999 IRS Individual Taxes: $ 13.6 billion
Taxes per Resident: $3,034
2002 Proposed Appropriations to Federal Agencies Without Reliable
Financial Systems and/or Audits per Resident...$2,630

IF YOU LIVE IN MAINE

Residents (April 2000 census): 1,274,923
1999 IRS Individual Taxes: $4.5 billion
Taxes per Resident: $3,531
2002 Proposed Appropriations to Federal Agencies Without Reliable
Financial Systems and/or Audits per Resident...$3,037

IF YOU LIVE IN MARYLAND & DC

Residents (April 2000 census): 5,868,545
1999 IRS Individual Taxes: $ 44.9 billion
Taxes per Resident: $7,658
2002 Proposed Appropriations to Federal Agencies Without Reliable
Financial Systems and/or Audits per Resident...$6,622

IF YOU LIVE IN MASSACHUSETTS

Residents (April 2000 census): 6,349,097
1999 IRS Individual Taxes: $ 50.9 billion
Taxes per Resident: $8,022
2002 Proposed Appropriations to Federal Agencies Without Reliable
Financial Systems and/or Audits per Resident...$6,926

IF YOU LIVE IN MICHIGAN

Residents (April 2000 census): 9,938,444
1999 IRS Individual Taxes: $ 63.7 billion
Taxes per Resident: $6,406
2002 Proposed Appropriations to Federal Agencies Without Reliable
Financial Systems and/or Audits per Resident...$5,538

IF YOU LIVE IN MINNESOTA

Residents (April 2000 census): 4,919,479
1999 IRS Individual Taxes: $ 42.8 billion
Taxes per Resident: $ 8,694
2002 Proposed Appropriations to Federal Agencies Without Reliable
Financial Systems and/or Audits per Resident...$ 7,506

IF YOU LIVE IN MISSISSIPPI

Residents (April 2000 census): 2,844.658
1999 IRS Individual Taxes: $ 8.0 billion
Taxes per Resident: $ 2,824
2002 Proposed Appropriations to Federal Agencies Without Reliable
Financial Systems and/or Audits per Resident...$2,430

IF YOU LIVE IN MISSOURI

Residents (April 2000 census): 5,595,211
1999 IRS Individual Taxes: $33.2 billion
Taxes per Resident: $ 5,926
2002 Proposed Appropriations to Federal Agencies Without Reliable
Financial Systems and/or Audits per Resident...$5,116

IF YOU LIVE IN MONTANA

Residents (April 2000 census): 902,195
1999 IRS Individual Taxes: $2.7 billion
Taxes per Resident: $2,984
2002 Proposed Appropriations to Federal Agencies Without Reliable
Financial Systems and/or Audits per Resident...$2,605

IF YOU LIVE IN NEBRASKA

Residents (April 2000 census): 1,711,263
1999 IRS Individual Taxes: $9.8 billion
Taxes per Resident: $5,701
2002 Proposed Appropriations to Federal Agencies Without Reliable
Financial Systems and/or Audits per Resident...$4,929

IF YOU LIVE IN NEVADA

Residents (April 2000 census): 1,998,257
1999 IRS Individual Taxes: $9.6 billion
Taxes per Resident: $4,811
2002 Proposed Appropriations to Federal Agencies Without Reliable
Financial Systems and/or Audits per Resident...$4,152

IF YOU LIVE IN NEW HAMPSHIRE

Residents (April 2000 census): 1,235,786
1999 IRS Individual Taxes: $6.3 billion
Taxes per Resident: $5,047
2002 Proposed Appropriations to Federal Agencies Without Reliable
Financial Systems and/or Audits per Resident...$4,364

IF YOU LIVE IN NEW JERSEY

Residents (April 2000 census): 8,414,350
1999 IRS Individual Taxes: $69.4 billion
Taxes per Resident: $8,250
2002 Proposed Appropriations to Federal Agencies Without Reliable
Financial Systems and/or Audits per Resident...$7,133

F YOU LIVE IN NEW MEXICO

Residents (April 2000 census): 1,819,046
1999 IRS Individual Taxes: $5.5 billion
Taxes per Resident: $ 3,007
2002 Proposed Appropriations to Federal Agencies Without Reliable
Financial Systems and/or Audits per Resident...$2,584

IF YOU LIVE IN NEW YORK

Residents (April 2000 census): 18,976,457
1999 IRS Individual Taxes: $ 145.8 billion
Taxes per Resident: $7,681
2002 Proposed Appropriations to Federal Agencies Without Reliable
Financial Systems and/or Audits per Resident...$6,639

IF YOU LIVE IN NORTH CAROLINA

Residents (April 2000 census): 8,049,313
1999 IRS Individual Taxes: $35.4 billion
Taxes per Resident: $4,394
2002 Proposed Appropriations to Federal Agencies Without Reliable
Financial Systems and/or Audits per Resident...$3,797

IF YOU LIVE IN NORTH DAKOTA

Residents (April 2000 census): 642,200
1999 IRS Individual Taxes: $2.4 billion
Taxes per Resident: $3,690
2002 Proposed Appropriations to Federal Agencies Without Reliable
Financial Systems and/or Audits per Resident...$3,230

IF YOU LIVE IN OHIO

Residents (April 2000 census): 11,353,140
1999 IRS Individual Taxes: $ 66.7 billion
Taxes per Resident: $5,876
2002 Proposed Appropriations to Federal Agencies Without Reliable
Financial Systems and/or Audits per Resident...$5,079

IF YOU LIVE IN OREGON

Residents (April 2000 census): 3,421,399
1999 IRS Individual Taxes: $ 16.1 billion
Taxes per Resident: $ 4,687
2002 Proposed Appropriations to Federal Agencies Without Reliable
Financial Systems and/or Audits per Resident...$4,042

IF YOU LIVE IN PENNSYLVANIA

Residents (April 2000 census): 12,281,054
1999 IRS Individual Taxes: $70.6 billion
Taxes per Resident: $5,751
2002 Proposed Appropriations to Federal Agencies Without Reliable
Financial Systems and/or Audits per Resident...$4,966

IF YOU LIVE IN RHODE ISLAND

Residents (April 2000 census): 1,048,319
1999 IRS Individual Taxes: $5.5 billion
Taxes per Resident: $5,288
2002 Proposed Appropriations to Federal Agencies Without Reliable
Financial Systems and/or Audits per Resident...$4,617

IF YOU LIVE IN SOUTH CAROLINA

Residents (April 2000 census): 4,012,012
1999 IRS Individual Taxes: $15.8 billion
Taxes per Resident: $3,943
2002 Proposed Appropriations to Federal Agencies Without Reliable
Financial Systems and/or Audits per Resident...$3,412

IF YOU LIVE IN SOUTH DAKOTA

Residents (April 2000 census): 754,844
1999 IRS Individual Taxes: $3.0 billion
Taxes per Resident: $3,999
2002 Proposed Appropriations to Federal Agencies Without Reliable
Financial Systems and/or Audits per Resident...$3,481

IF YOU LIVE IN TENNESSEE

Residents (April 2000 census): 5,689,283
1999 IRS Individual Taxes: $ 29.4 billion
Taxes per Resident: $5,175
2002 Proposed Appropriations to Federal Agencies Without Reliable
Financial Systems and/or Audits per Resident...$4,472

IF YOU LIVE IN TEXAS

Texas Residents (April 2000 census): 20,851,820
1999 IRS Individual Taxes: $104.4 billion
Taxes per Resident: $5,007
2002 Proposed Appropriations to Federal Agencies Without Reliable
Financial Systems and/or Audits per Resident...$4,324

IF YOU LIVE IN UTAH

Residents (April 2000 census): 2,233,169
1999 IRS Individual Taxes: $ 8.8 billion
Taxes per Resident: $ 3,934
2002 Proposed Appropriations to Federal Agencies Without Reliable
Financial Systems and/or Audits per Resident...$ 3,406

IF YOU LIVE IN VERMONT

Residents (April 2000 census): 608,827
1999 IRS Individual Taxes: $2.5 billion
Taxes per Resident: $4,109
2002 Proposed Appropriations to Federal Agencies Without Reliable
Financial Systems and/or Audits per Resident...$3,634

IF YOU LIVE IN VIRGINIA

Residents (April 2000 census): 7,078,515
1999 IRS Individual Taxes: $ 40.1 billion
Taxes per Resident: $5,667
2002 Proposed Appropriations to Federal Agencies Without Reliable
Financial Systems and/or Audits per Resident...$4904

IF YOU LIVE IN WASHINGTON

Residents (April 2000 census): 5,894,121
1999 IRS Individual Taxes: $ 38.4 billion
Taxes per Resident: $6,521
2002 Proposed Appropriations to Federal Agencies Without Reliable
Financial Systems and/or Audits per Resident...$5,631

IF YOU LIVE IN WEST VIRGINIA

Residents (April 2000 census): 1,808,344
1999 IRS Individual Taxes: $4.4 billion
Taxes per Resident: $2,434
2002 Proposed Appropriations to Federal Agencies Without Reliable
Financial Systems and/or Audits per Resident...$2,064

IF YOU LIVE IN WISCONSIN

Residents (April 2000 census): 5,363,675
1999 IRS Individual Taxes: $28.6 billion
Taxes per Resident: $5,340
2002 Proposed Appropriations to Federal Agencies Without Reliable
Financial Systems and/or Audits per Resident...$4,615

IF YOU LIVE IN WYOMING

Residents (April 2000 census): 493,782
1999 IRS Individual Taxes: $1.9 billion
Taxes per Resident: $3,976
2002 Proposed Appropriations to Federal Agencies Without Reliable
Financial Systems and/or Audits per Resident...$3,360

BASED ON

Audit reports and testimony by federal agency inspectors general and the General Accounting Office for federal fiscal 1998-2000, "report cards" from Congressman Horn's subcommittee of the House Government Reform Committee and Chairman Thompson's report on Senate Governmental Affairs Committee, "Government on the Brink."


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Catherine Austin Fitts is the President of Solari, Inc.( http://www.solari.com), a founding member of UnAnsweredQuestions.org ( http://www.unansweredquestions.org) and member of the Advisory Board of Sanders Research Associates ( http://www.sandersresearch.com).

Ms. Fitts is former Assistant Secretary of Housing-Federal Housing Commissioner in Bush I and a former managing director and member of the board of directors of Dillon Read & Co. Inc.
You can vote for Solari at http://www.solari.com/vote.php . Ten percent of all donations are tithed to an Independent Media Fund managed by Venture Collective.

If this "Mapping the Real Deal" was useful for you, you can leave comments and send a gift to Catherine Austin Fitts and Scoop Media through Affero: http://svcs.affero.net/rm.php?r=Catherine&p=Mapping_the_Real_Deal and receive future columns for free by e-mail - see... Free My Scoop to sign up.

Anti©opyright Catherine Austin Fitts – April 2003

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