All we did was, we paid the interest on the debt in this example.

It's my right to do my duty.

That has nothing to do with it.

We have a legal obligation to pay our taxes.

The orange slice is what's discretionary.

An individual has rights and responsibilities.

Today they steal hubcaps, tomorrow they come with blood on their hands.

But the problem with Santa Clause is, if you look at the mandatory spending of what these folks have been doing and promising folks, it turned out that in 1967, 38 percent was mandatory spending on what we call entitlements.

My liabilities are this, you can view that as debt because

We think that it's our duty to pay taxes.

Duty?

He was bound to pay his father's debt.

It is the obligation of every worker to pay taxes.

My mortgage actually might be something like 4,000 a month.

I have to.

But unlike mortgages, a lot of corporate debt, they just pay the interest.

The laws oblige all citizens to pay taxes.

And why is it a liability?

God who slights it. Woe to him whom this world charms from

okay.

Serve who?

Once you subtract that out, then you actually have your pre tax income, and if we assume that we have to pay taxes, this is how much we pay in taxes, and this is actually the net income that goes to the owners of the company.

First interest

That's why God made fathers.

Honor, duty, glory.

What kind of duty, Imran sir?

Fulfill your duty.

What about Emory's responsibility?

I shouldn't have to defend myself to you, Sara.

Number of payments per year

It should be noted that the duty continues after a notice of allowance is mailed and the issue fee is paid.

And, if my principles would permit it, I would simmer down for your sake.

Those records are supposed to be confidential.

This guy, he does have interest.

You know I'm not required to disclose that,ray.

The Hippocratic Oath

Consumers are different than citizens.

Payable to the City of San Francisco.

He has no interest. So his pre tax income is 30,000.

They bought all these loans.

So we still have the same amount of debt.

He neglected his duties.

Every village must do its share.

Did you serve?

You are not to neglect your duty.