Friday, October 1, 2010

Income Tax: The Truth.

 Time to power you mind! Learn more about income tax. MadOne.


This is the absolute truth, we are being robbed of our money in plain site. Here is more from a former IRS agent below.


16th Amendment

The Sixteenth Amendment (Amendment XVI) to the United States Constitution allows the Congress to levy an income tax without apportioning it among the states or basing it on Census results. This amendment exempted income taxes from the constitutional requirements regarding direct taxes, after income taxes on rents, dividends, and interest were ruled to be direct taxes in Pollock v. Farmers' Loan & Trust Co. (1895). It was ratified on February 3, 1913.
In Pollock v. Farmers' Loan & Trust Co. the Supreme Court declared certain taxes on incomes — such as those from property under the 1894 Act — to be unconstitutionally unapportioned direct taxes.

Article I, § 8, Clause 1 grants to the Congress the power to impose taxes, but requires excise taxes to be geographically uniform. The Constitution states that all direct taxes are required to be apportioned among the states according to population. This basically refers to a tax on property, such as a tax based on the value of land, as well as a capitation.
Article I, § 8, Clause 1 grants to the Congress the power to impose taxes, but requires excise taxes to be geographically uniform
The Constitution states that all direct taxes are required to be apportioned among the states according to population. This basically refers to a tax on property, such as a tax based on the value of land, as well as a capitation.

To raise revenue to fund the Civil War, the income tax was introduced in the United States with the Revenue Act of 1861. It was a flat tax of 3% on annual income above $800. The following year, this was replaced with a graduated tax of 3-5% on income above $600 in the Revenue Act of 1862, which specified a termination of income taxation in 1866.

Since the ratification of the Sixteenth Amendment, it is immaterial with respect to income taxes, whether the tax is a direct or indirect tax.

No comments:

Post a Comment