By Douglas Holtz-Eakin
The young drop coverage to avoid higher premiums
Independent voices from the TWT Communities
The Financial Management Service (or FMS) is a bureau of the United States Department of the Treasury and provides several financial services for the federal government. These services include centralized payment, collection, and reporting services, oversight of a daily cash flow of nearly $58 billion into and out of federal accounts, disbursement of more than $1.5 trillion to more than 100 million individuals via Social Security and veterans' benefits, issuance of tax refunds and other federal payments, collection of more than $2.67 trillion per year in payments to the government through financial institutions, and collection of delinquent debts owed to the government. - Source: Wikipedia
"Dear Warren: I have solved your problem. You have mentioned in passing that you feel unhappy that you do not pay enough money to the government each year in taxes," writes Americans for Tax Reform president Grover Norquist, in an open letter to billionaire investor Warren Buffett.
