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Posts Tagged ‘Income tax’

Taxation Is Robbery….. by Frank Chodorov

May 30, 2013 5 comments
bigbrowatch

bigbrowatch (Photo credit: GunnyG1345)

 

 

 

 

 

 

 

 

 

 

 

 

 

The Encyclopaedia Britannica defines taxation as “that part of the revenues of a state which is obtained by the compulsory dues and charges upon its subjects.”

 

 

 

That is about as concise and accurate as a definition can be; it leaves no room for argument as to what taxation is. In that statement of fact the word “compulsory” looms large, simply because of its ethical content.

 

The quick reaction is to question the “right” of the State to this use of power. What sanction, in morals, does the State adduce for the taking of property?

 

Is its exercise of sovereignty sufficient unto itself?

 

 

 

Read more…

Taxation is Robbery Part 2 – Frank Chodorov – Mises Daily

April 16, 2013 1 comment

[From Out of Step: The Autobiography of an Individualist, by Frank Chodorov; The Devin-Adair Company, New York, 1962, pp. 216-239.]

 

gophum

gophum (Photo credit: GunnyG1345)

 

 

 

A basic immorality becomes the center of a vortex of immoralities. When the State invades the right of the in­dividual to the products of his labors it appropriates an authority which is contrary to the nature of things and there­fore establishes an unethical pattern of behavior, for itself and those upon whom its authority is exerted.

 

Thus, the income tax has made the State a partner in the proceeds of crime; the law cannot distinguish between incomes derived from production and incomes derived from robbery; it has no concern with the source. Likewise, this denial of owner­ship arouses a resentment which breaks out into perjury and dishonesty.

 

Men who in their personal affairs would hardly think of such methods, or who would be socially ostracized for practicing them, are proud of, and are com­plimented for, evasion of the income tax laws; it is con­sidered proper to engage the shrewdest minds for that purpose.

 

obamadash

obamadash (Photo credit: GunnyG1345)

 

 

 

 

 

 

 

More degrading even is the encouragement by bribes of mutual spying. No other single measure in the history of our country has caused a comparable disregard of principle in public affairs, or has had such a deteriorating effect on morals.

 

 

 

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Tax Day by Murray N. Rothbard… “Stick ‘Em Up! ~ The Truth About Taxes”

April 15, 2013 4 comments

This unsigned editorial, written by Murray N. Rothbard, appeared in the April 15, 1969, issue of The Libertarian (soon to become The Libertarian Forum).

 

April 15, that dread Income Tax day, is around again, and gives us a chance to ruminate on the nature of taxes and of the government itself.

 

English: Murray Rothbard in the 90's

English: Murray Rothbard in the 90′s (Photo credit: Wikipedia)

 

 

 

The first great lesson to learn about taxation is that taxation is simply robbery. No more and no less. For what is “robbery”? Robbery is the taking of a man’s property by the use of violence or the threat thereof, and therefore without the victim’s consent. And yet what else is taxation?

 

 

 

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3.8% Tax: What’s True, What’s Not

October 25, 2012 Leave a comment

Rumors about the 3.8% Medicare tax continue to circulate. Here’s the definitive word on what’s true and what’s not on how the tax impacts real estate.

 

romino

romino (Photo credit: GunnyG1345)

 

Ever since health care reform was enacted into law more than two years ago, rumors have been circulating on the Internet and in e-mails that the law contains a 3.8 percent tax on real estate.

 

NAR quickly released material to show that the tax doesn’t target real estate and will in fact affect very few home sales, because it’s a tax that will only affect high-income households that realize a substantial gain on an asset sale, including on a home sale, once other factors are taken into account. Maybe 2-3 percent of home sellers will be affected.

 

obamadash

obamadash (Photo credit: GunnyG1345)

 

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Nearly Unanimous: All American Should Pay Income Taxes

September 28, 2012 Leave a comment

 

Fox News has come out with a poll showing overwhelming agreement that all Americansshould pay income taxes.

 

obamadash

obamadash (Photo credit: GunnyG1345)

 

 

 

Seventy-nine percent say everyone should pay something, according to a Fox News poll released Thursday. That includes 85 percent of Republicans, 83 percent of independents and 71 percent of Democrats.

 

According to the IRS, last year approximately 41 percent of tax filers did not pay federal income tax. The Tax Policy Centerestimates that will increase to 46 percent this year.

 

RPREVOLU

RPREVOLU (Photo credit: GunnyG1345)

 

 

 

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Supreme Errors by Peter Schiff (“The Evil Republicans Will Never Repeal O-Care They love power and pelf, too. Article by Peter Schiff.”)

July 4, 2012 4 comments

In the wake of my last commentary on the horrendous Supreme Court decision upholding Obama’s health care plan, several people have pointed out that I erred in saying that the income tax is a “direct tax.” While it is technically correct that the Court ultimately declared it to be an excise, not a direct tax, it is important to understand how it arrived at that opinion and why the decision has no practical relevance to the way the tax has been enforced.

beerdrinkundawg

beerdrinkundawg (Photo credit: GunnyG1345)

 

Just as it has done with Obamacare, the Court came up with a technically constitutional pathway to allow the government to collect a tax in a blatantly unconstitutional manner.

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(“Dr. No is on one side. The Republicrat Party is on the other……”) Alan Stang — Republican Party, Red From the Start

April 6, 2012 2 comments

EXCERPT

Look away! Look away!

Look away! Look away! (Photo credit: Norm Walsh)

 

…..So, again, the Republican Party did not “go wrong.” It was rotten from the start. It has never been anything else but red. The characterization of Republican states as “red states” is quite appropriate.

What do these revelations mean to us?

Again, Dr. Paul is an aberration. He is not a “traditional Republican.” A “traditional Republican” stands for high taxes, imperial government and perpetual war.

Dr. Paul is much more a traditional Democrat.

I refer of course to the Democrat Party before the Communist takeover, which began with the election of Woodrow Federal Reserve-Income Tax-World War I Wilson and was consummated with the election of liar, swindler, thief, traitor and mass murderer Franklin Delano Roosevelt.

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‘Nobody Considers That a Tax’ (Americans need to expand our idea of what a tax is)

March 5, 2012 1 comment

We Americans need to expand our idea of what a tax is. Some may contend that an expenditure is only a tax when government labels it as such and there’s a rate or assessment attached to it. Those people are sophists. Provided that it is not a penalty for an illegality, any government-caused expense that must be paid should be regarded as a tax.

Tax

Tax (Photo credit: 401K)

When government policies make the prices of essentials higher than they would be in a free market, we’re talking taxes. We hear journalists talk about rising oil prices as a tax hike. If such prices are due to government energy policies, like not drilling in ANWR or not building the Keystone XL pipeline, then the journalists are right, the higher prices are a tax. Whether he understands it or not, President Obama was talking about tax hikes in a videotaped interview with the San Francisco Chronicle when he said:

“Under my plan of a cap-and-trade system, electricity rates would necessarily skyrocket … Coal-powered plants, you know, natural gas, you name it, whatever the plants were, whatever the industry was, they would have to retrofit their operations. That will cost money. They will pass that money on to consumers.”

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(THE DE FACTO NATIONALIZATION OF THE US ECONOMY) USA Slipping and Sliding Towards Fascism – The Dollar Vigilante Blog -

February 23, 2012 Leave a comment

I never watch the State of the Union in the US. I just can’t stand someone looking into my eyes and lying to me for an hour. But I sometimes like to skim the transcripts after, mostly for entertainment, to see how they spin everything.

But the one thing I’ve noticed is there are never any tangible plans or strategies laid out. It’s pure demagoguery. But, behind the scenes, the US Government is working to transform the country in leaps and bounds… and not for the better.

Buried deep in Barack O’Bomber’s 2013 budget is actually a plan to all but outright nationalize the US Economy.

EXCERPT

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Obama’s college transcripts hit Rush

January 18, 2012 1 comment

PALM BEACH, Fla. – As pressure continues to build on Republican presidential candidate Mitt Romney to release his tax records, top-rated radio host Rush Limbaugh says the former Massachusetts governor should have a ready response whenever asked about the matter.

Rush Limbaugh - Caricature

Image by DonkeyHotey via Flickr

“Some answers ought to just roll off your tongue. Some answers ought to now just be automatic coming out of the oral cavity,” Limbaugh said today. “But Mitt appeared to be stumbling and unsure of some things when this income-tax challenge came up [in Monday's debate in South Carolina]. What Romney should have said: ‘OK, I’ll release my income tax as soon as Obama releases his college transcripts.’”

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Gullible Americans by Walter E. Williams

December 26, 2011 Leave a comment

The fact of the matter is that the founders of our nation so feared the imposition of direct taxes, such as an income tax, that Article 1, Section 9 of the Constitution says, “No Capitation, or other direct, Tax shall be laid, unless in Proportion to the Census or Enumeration herein before directed to be taken.” It was not until the Abraham Lincoln administration that an income tax was imposed on Americans. Its stated purpose was to finance the war, but it took until 1872 for it to be repealed. During the Grover Cleveland administration, Congress enacted the Income Tax Act of 1894. The U.S. Supreme Court ruled it unconstitutional in 1895. It took the 16th Amendment (1913) to make permanent what the founders feared.

Another camel’s nose in the tent lie that’s threatening the economic collapse of our country is the Medicare lie. At its beginning, in 1966, Medicare cost $3 billion. The House Ways and Means Committee, along with President Lyndon Johnson, estimated that Medicare would cost an inflation-adjusted $12 billion by 1990. In 1990, Medicare topped $107 billion. That’s nine times Congress’ prediction. Today’s Medicare tab comes to $523 billion and shows no signs of leveling off. The 2009 Medicare trustees report put the unfunded Medicare liability at $89 trillion. The 1966 Medicare cost estimate was simply a congressional and White House lie to get the American people to buy into their agenda. But not to worry; the real Medicare crisis won’t hit the nation until today’s beneficiaries and political supporters are dead. It’s today’s children who’ll bear the burden of our profligacy.

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Is The Income Tax a Giant Hoax on the American People?| The Post & Email

November 5, 2011 2 comments

…The mind-bending complexity of the facts concerning the income tax uncovered by Peter Hendrickson and others (including writer Devvy Kidd, Attorney Tom Cryer, and former IRS-CID Special Agent Joe Banister), and the stunning distortion of the English language that is employed to disguise the truth, did not come about by accident.

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Nein! Nein! Nein! The wild world of Cainonomics

September 29, 2011 Leave a comment

Herman Cain’s 9-9-9 proposal — a 9 percent personal-income tax, a 9 percent corporate-income tax, and a 9 percent federal sales tax, to replace all current federal taxes — is attractive in many ways. It is not a flat tax, but it is a flattish tax; it eliminates some (but by no means all) of the divide-and-conquer features of the federal tax code; it simplifies taxes for most households and many businesses; it might reduce compliance costs. All to the good.

A few things should be understood about the 9-9-9 plan. The first is that 9-9-9 is not Herman Cain’s real fiscal plan. He proposes 9-9-9 as an intermediate step en route to his preferred solution, the so-called Fair Tax, about which I have some serious reservations, along the lines of those spelled out by Ramesh Ponnuru here. In fact, Mr. Cain proposes an unwieldy and unnecessarily complex multistep program on the way to the Fair Tax, 9-9-9 being Phase 1, Part 2 (“Phase 1 Enhanced,” in his words). Getting Phase 1, Part 1 would be difficult enough, and the program is marked by Mr. Cain’s most distressing hallmark: wishful thinking that borders on fantasy. How is he going to get to Phase 2, the Fair Tax, a radical restructuring of U.S. public finances that invites not only fiscal questions but constitutional ones as well? “Amidst a backdrop of the economic boom created by the Phase 1 Enhanced Plan,” Mr. Cain writes, “I will begin the process of educating the American people on the benefits of continuing the next step to the Fair Tax.” May I propose a Williamson’s Rule of Politics? Here it is: “Any plan that includes the words ‘educating the American people’ will fail.” Mr. Cain’s proposals are always bolstered by that economic boom he sees just around the corner, but he never is able to answer the question: What if the boom fails to show up on schedule? What then? And that is one important reason Herman Cain should not be the Republican nominee. (Based on my single encounter with Mr. Cain, at a meeting with National Review’s editors, I would have hesitated to hire him to run a pizza company, much less the country.)

But let’s take a look at 9-9-9 on its own merits. Mr. Cain says the proposal would be revenue-neutral. I have my doubts. The federal government took in about $2.2 trillion last year. Based on personal-income and business-income figures from the IRS, and consumer-spending figures from the Gallup survey, my English-major math suggests that a 9 percent tax on all of the above produces about $1.7 trillion in revenue, meaning that 2010’s $1.7 trillion deficit would have been more like a $2.2 trillion deficit — from calamity to catastrophe. If Mr. Cain’s team is building in some growth assumptions into the fiscal forecasts, they must be sunny indeed.

In any event, Mr. Cain has not spelled out in any detail a spending proposal that would allow the federal government to get by on $2.2 trillion, much less on $1.7 trillion. If the Tea Party stands for anything, it stands for smaller government, meaning lower spending. And yet the allure of magical thinking on taxes is so powerful that the tea-party favorite has given a great deal more detail about his tax proposals, with actual figures and everything, than he has about his spending proposals, which remain remarkably vague: Spending must be “reviewed with a keen eye and a red pen,” he says. Well, gee willikers, why didn’t I think of that. (Other than his pie-in-the-sky growth assumptions, my least favorite thing about Herman Cain is that his response to every challenge is to appoint a committee of smart guys to do the right thing. He seems incapable of appreciating the fact that moral failing is not the only reason Washington fails to do the right thing.) As I have argued before, the real danger of tax-cuts-and-growth utopianism is that it draws attention away from spending cuts, which is where the real action is needed. Mr. Cain is nibbling at that bait.

The 9-9-9 proposal also creates some perverse incentives. With business income taxed at 9.0 percent while dividends and capital gains are taxed at 0.0 percent, there is an excellent reason to pay out something approaching 100 percent of business income as dividends, or to hide it by “reinvesting” it in the business. I like dividends and am sympathetic to the case for giving them preferential tax treatment — a company that concentrates on paying a high dividend rather than on raising its share price probably is a better-behaved company, in most cases — but it is always and everywhere true that if government creates a tax shelter it will be exploited to maximum effect.

What about that national sales tax? Though I remain hesitant about imposing a federal sales tax, on both Burkean and prudential grounds, Andrew Stuttaford and others have argued persuasively that income shouldn’t carry the entire tax burden, and that consumption has to carry a piece, too. I can live with that. But Fair Tax enthusiasts ought to be ready to deal with the emergence of a very large black market in untaxed consumer goods — a 30 percent sales tax will ensure that. You may get to abolish the IRS, but the sales-tax enforcers might prove just as expensive and intrusive.

Which is to say: There is no easy way out of this mess. Cain’s 9-9-9 program and the Fair Tax might very well constitute improvements on the status quo, but neither is a substitute for comprehensive entitlement reform and deep cuts in discretionary spending, the sine qua non of serious fiscal-reform efforts.

via Nein! Nein! Nein! The wild world of Cainonomics.

Why An Income Tax is NOT Necessary to Fund the U.S. Government

September 26, 2011 Leave a comment

Can this statement possibly be true? In order to answer this question, Americans must first understand what is the source of the money that funds the government and where it goes. Contrary to the sound bites issued by the two mainstream political parties, the reality of how the system actually works will not only open your eyes, but hopefully stimulate the American people to demand that the thievery underway come to an end.

Where do your “income” tax dollars go?

The best place to look for an answer to this question would be a government report, so let’s take just one at random:………..

MORE…..

via Why An Income Tax is NOT Necessary to Fund the U.S. Government.

Is The Income Tax a Giant Hoax on the American People?| The Post & Email

September 9, 2011 Leave a comment

“A POWERFUL CRIMINAL CONSPIRACY

by David F. LaRocque

Is there anything in the U.S. Constitution or Bill of Rights authorizing the creation of the Internal Revenue Service?

(Sep. 9, 2011) — The fraudulent income tax is perhaps the most frightening and significant manifestation of the corruption which has overtaken our government, as described so well by Colonel Lawrence Sellin in his September 3 article at Canada Free Press:

The present United States Government is riddled with corruption, complicity and complacency. As such, America will not survive.

Sarah Palin, during her speech at the Tea Party of America’s “Restoring America” event in Indianola, Iowa on September 3, 2011, described it well:

It’s the collusion of big government and big business and big finance to the detriment of all the rest – to the little guys.

The United States is now ruled by an oligarchy, where power effectively rests, not with the American people, but with relatively small elite, who enhance their personal wealth by looting the country and maintain their control by adjusting the levers of government and regulating the press.

The oligarchy owns the politicians and the mainstream media, a political-media complex, which assists them in maintaining the status quo…

The Democrat and the Republican parties have violated the Constitution, subverted the rule of and lied to and betrayed the American people………………

MORE…..

via Is The Income Tax a Giant Hoax on the American People?| The Post & Email.

Was the Income Tax Amendment Ever Ratified? | The Post & Email

September 3, 2011 1 comment

U.S. SUPREME COURT HAD STRUCK DOWN A DIRECT TAX IN 1895

by Sharon Rondeau

Philander Knox was a lawyer, a U.S. Senator from Pennsylvania, U.S. Attorney General from 1901-1904 and U.S. Secretary of State from 1909-1913. He was considered an ally of big business and helped to establish the U.S. Steel Company in 1901.

(Sep. 2, 2011) — On May 21, 1895, the U.S. Supreme Court ruled that a direct tax on personal income was unconstitutional as a result of the case of Pollock v. Farmers‘ Loan and Trust Company. The lawsuit had been precipitated by the 1894 Income Tax Act. The Supreme Court’s 5-4 decision stated that a “direct tax” on the “income of real and of personal property” was “unconstitutional and void.”

The Wilson-Gorman Tariff Act, also passed in 1894, sought to lower tariffs, which were the major source of revenue for the federal government at the time, and impose a 2% tax on incomes which surpassed $4,000 annually. However, over 600 amendments were added to the original bill, which reportedly diluted its intended effect.

Wikipedia reports that the Supreme Court’s decision of 1895 was later “nullified” “by Amendment XVI to the US Constitution.” Another report states that “…in 1894 Congress enacted a flat rate Federal income tax, which was ruled unconstitutional the following year by the U.S. Supreme Court because it was a direct tax not apportioned according to the population of each state. The 16th amendment, ratified in 1913, removed this objection by allowing the Federal government to tax the income of individuals without regard to the population of each State.”

Can a U.S. Supreme Court decision be “nullified?” Can a law passed by Congress be declared unconstitutional by a court?……………..

 

MORE…..

*****

via Was the Income Tax Amendment Ever Ratified? | The Post & Email.

Taxed Into Oblivion ~ “yet it is being done so stealthily that most Americans don’t even realize what is happening”

August 17, 2011 Leave a comment

Taxed Into Oblivion

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The Economic Collapse

Aug 17, 2011

Taxed Into Oblivion Taxed Into Oblivion

In the United States today, we are being taxed into oblivion, yet it is being done so stealthily that most Americans don’t even realize what is happening. Most people are fixated on federal income tax rates, but the federal income tax is only one of the dozens of different taxes that each of us pay each year. The politicians have learned that people get really upset when income tax rates are raised, so they have found hundreds of other ways to raise taxes on us.

via BLOGGER.GUNNY.G.1984(+): Taxed Into Oblivion ~ “yet it is being done so stealthily that most Americans don’t even realize what is happening”.

There is No Such Thing as a “Fair” Tax| The Post & Email

July 14, 2011 Leave a comment

IS ANY TAXATION THE ANSWER?

by JB Williams, ©2011

Cartoon from 1933 regarding the argument about a sales tax vs. an income tax. Why have Americans accepted the imposition of many different taxes on their earnings?

(Jul. 14, 2011) — Nothing in life is more certain than death and taxes. But the notion that there is or will ever be anything fair about either of these life realities, is just plain foolhardy.

Ever heard the phrase – you can’t get blood from a turnip…? Sounds like a silly old analogy from days gone by, but it happens to remain true today. People who can’t pay taxes don’t pay taxes, and that’s why people, who can pay, will always pay for everyone. Fairness isn’t even part of the equation.

In his July 11 Part III of his Economic Vision statement, presidential candidate Herman Cain does his best to pitch the “Fair Tax” – a libertarian economic proposal that offers to replace the federal income tax with a national sales (consumption) tax.

via There is No Such Thing as a “Fair” Tax| The Post & Email.

JB Williams — There is no such thing as a fair tax

July 12, 2011 Leave a comment

Ever heard the phrase – you can’t get blood from a turnip…? Sounds like a silly old analogy from days gone by, but it happens to remain true today. People who can’t pay taxes don’t pay taxes, and that’s why people, who can pay, will always pay for everyone. Fairness isn’t even part of the equation.

In his July 11 Part III of his Economic Vision statement, presidential candidate Herman Cain does his best to pitch the “Fair Tax” – a libertarian economic proposal that offers to replace the federal income tax with a national sales (consumption) tax.

The Fair Tax concept would replace a federal tax on gross income with a national sales tax on everything you purchase. The allure is the idea of no more withholdings from your paycheck and that idea is embraced by a lot of people who are sick and tired of working 1/3 of their job for the federal government and then watching the federal government waste their earnings and then some.

But the problems with a national sales tax are significant

• The tax rate would be at least 30% in order to deal with the insane level of federal spending

• A direct 30% tax on consumer activity will absolutely reduce consumer activity

• A consumer driven economy must have healthy consumer activity

• We would pay taxes…………………………

 

via JB Williams — There is no such thing as a fair tax.

One Sure Thing in Life by J.H. Huebert ~ “The Constitution Doesn’t Protect You From Paying Taxes To pretend it does sends you to the gulag.”

July 2, 2011 1 comment

One Sure Thing in Life

The constitution will not save you from death or taxes

by J. H. Huebert

by J. H. Huebert

I have a message for every liberty lover out there who knows that the federal income tax is a moral outrage, nothing more than legalized theft, and something many of our country’s founders would have found unconscionable.

The message is, “Pay it anyway.”

No, I didn’t sell out to the feds during my recently completed clerkship with the U.S. Court of Appeals. But that experience did hit me with a dose of reality that made me more certain than ever that you can’t beat the federal government at its own game, on its own turf, so you must be careful to choose your battles wisely and well.

If you try to beat the feds at their own game, you will lose.

Many people know, or know of, someone who thinks he doesn’t have to pay federal income taxes. It’s not that this person doesn’t earn any income, or has a lot of deductions, or keeps his money offshore. Instead, this person thinks he has discovered the ultimate loophole in the tax code and the income tax just doesn’t apply to him, period.

Often, people like this believe some combination of the following:

* The tax code doesn’t actually tax income, therefore I don’t owe any federal income taxes.

* The Sixteenth Amendment was never properly ratified, therefore I don’t owe any federal income taxes.

* I am a citizen of my state, and not the United States, therefore I don’t owe any federal income taxes.

* I was a U.S. citizen, but now I have become a “non-resident alien,” therefore I don’t owe any federal income taxes.

* The Social Security Act established a constructive trust in my name upon my birth, and I don’t earn any income myself — my salary is actually paid to the trust, which happens to share my name — and therefore I don’t owe any federal income taxes.

Those of you who have never met these people may want to check out Brian Doherty‘s excellent article going inside the movement for more details.

The tax protesters may have some interesting legal, historical, or philosophical points. Maybe, for example, the Sixteenth Amendment wasn’t properly ratified. I don’t know, and I don’t care, because I know the only thing that matters: If you don’t pay your taxes, you will be forced to pay them, and then you will go to jail. And what if you resist, physically? Then, if they deem it necessary, the feds will kill you. It’s just that simple.

No judge is going to listen to your stories about the Sixteenth Amendment, sovereignty, or constructive trusts for one minute. Why? First and foremost, because when the federal government takes anyone to court, it’s a rigged game, because agents of the federal government are both prosecutor and judge. We have “separation of powers” on paper, but the reality is that no judge is going to declare the taxes that support his paycheck unconstitutional. Consider also that every federal judge is appointed by the President of the United States. Can you think of any president during your lifetime who would appoint such a judge?

Another point to keep in mind is that the courts have heard it all before, more than once, and have summarily rejected these arguments. The IRS has helpfully cataloged some of these cases for you here. I can assure you that the legal knowledge you acquire in your self-study on this matter will not stun any of these courts such that they will suddenly change their minds. The constitution is a mere document, and not very good to begin with, so despite any false impressions your government-school civics class may have given you, the constitution is powerless to save you from the feds.

Of course, I don’t doubt that there are people out there who have gotten away with these tax schemes, and who will encourage you to do the same. And I’m sure they will come up with clever new legal theories, too. But after you read their testimonials, and hear their sophisticated-sounding arguments, look at the case law, and you will see that person after person has tried it and gone to jail. Every one of them thought the law was somehow on their side when they stopped paying taxes, and every one of them was wrong.

So let us summarize: No legal argument will magically exempt you from income taxes. Period. If it were possible, entrepreneurs would have jumped on top of it and made a killing on books explaining how to do it, and then the government would have closed the loophole.

via One Sure Thing in Life by J.H. Huebert.

Coincidence? I think Not!

April 18, 2011 Leave a comment

Coincidence? I think Not!

Coincidence? I think Not!

Powerline Blog ^ | April 18, 2011 | John

Posted on Monday, April 18, 2011 7:54:29 PM by RobinMasters

Two of today’s headlines seem as though they may be linked:

45 Percent of Americans Don’t Owe 2010 Federal Income Taxes.

43 Percent of Americans Say They Are Paying About the Right Amount of Federal Income Taxes.

If I weren’t paying any income taxes, I might be happy with the status quo, too.

via Gunny G: BLOGGER 1984 +: Coincidence? I think Not!.

Gallup:43% say their Fed Inc tax about right (Wouldn’t that be the same 45% that pay no tax???)

April 18, 2011 Leave a comment

Gallup:43% say their Fed Inc tax about right (Wouldn’t that be the same 45% that pay no tax???)

Gallup:43% say their Fed Inc tax about right (Wouldn’t that be the same 45% that pay no tax???)

http://www.gallup.com/poll/147152/Americans-Split-Whether-Taxes-High.aspx ^

Posted on Monday, April 18, 2011 6:00:19 PM by macquire

PRINCETON, NJ — Half of Americans believe the amount they pay in federal income taxes is too high, while 43% consider it about right and 4% too low. The 50% now calling their taxes “too high” is within the 46% to 53% range found each year since 2003. It is significantly lower than the 65% recorded in 2001, prior to implementation of former President George W. Bush’s first round of federal tax cuts.

(Excerpt) Read more at gallup.com …

via Gunny G: BLOGGER 1984 +: Gallup:43% say their Fed Inc tax about right (Wouldn’t that be the same 45% that pay no tax???).

Another ‘Blunder’ of the Progressive Era by Thomas Schmidt…

January 21, 2011 Leave a comment

Another ‘Blunder’ of the Progressive Era

by Thomas Schmidt
by Thomas Schmidt
Recently by Thomas Schmidt: Motive

Perhaps you have seen crystallized the “revolution within the form” that is the current US political arrangement in Angelo Codevilla’s essay, “America’s Ruling Class – And the Perils of Revolution.” Dr. Gary North explains the smug contempt of the ruling class for what Codevilla calls the “country class” as arising from the Progressive Era: “(p)rogressivism is a bipartisan monster… As the 19th century ended, the educated class’s religious fervor turned to social reform: they were sure that because man is a mere part of evolutionary nature, man could be improved, and that they, the most highly evolved of all, were the improvers… Thus began the Progressive Era. When Woodrow Wilson in 1914 was asked ‘can’t you let anything alone?’ he answered with, ‘I let everything alone that you can show me is not itself moving in the wrong direction, but I am not going to let those things alone that I see are going down-hill.’” If Puritanism, paraphrasing Mencken, is the sneaking suspicion that someone, somewhere, is having a good time, Progressivism is surely the suspicion that someone, somewhere, is having a good time at some State-unapproved activity.

Still, when examining the Progressive Era, one wonders how the ruling class came to have such a death-grip on the populace at large. Progressive-era “innovations” like the Federal Reserve (1913), the Income Tax (ditto), the War emergency act that permitted Roosevelt’s 1933 seizure of gold (1917), the FBI/Hoover (1917), and other depredations have helped cement that hold, but could at some point have been repealed by the people. Ah, but how to limit the power of the people? How to decrease the ability of a person to run for Congress without raising a large sum of money? How to dilute concentrations of libertarians and progressives in seas of moderates so as to remove their voices from the national legislature?

Jeff Jacoby notes: “By 1910, the United States had 92 million citizens. In 1911, President Taft signed a bill expanding the House to 435. The ratio of congressmen to citizens now stood at 1 to 200,000.” The size has been fixed at 435 since. Take a look at the following table:

CONTINUED…

http://www.lewrockwell.com/schmidt/schmidt24.1.html

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MAKING SENSE OF THE FEDERAL INCOME TAX…

January 5, 2011 Leave a comment

MAKING SENSE OF THE FEDERAL INCOME TAX

King George III relinquished Britain’s proprietary power over the Northwest Territory to the original thirteen States in the Treaty of Paris of 1783 and that is the source of the power of Congress to lay and collect taxes on incomes, which is the subject of the Sixteenth Amendment.

Students in my Basic Course in Law and Government learn how George Washington and the rest of the Founding Fathers aborted the adoption of the Constitution of September 17, 1787 by a government bound by written oath “to support this Constitution,” leaving Congress free to “tax” without  any restraints.

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Why An Income Tax is NOT Necessary to Fund the U.S. Government

October 17, 2010 Leave a comment

Where do your “income” tax dollars go?The best place to look for an answer to this question would be a government report, so let’s take just one at random:President’s Private Sector Survey On Cost ControlA Report to The President ReaganJanuary 15, 1984. Available from the Congressional Research Service.

The excerpt below can be found on page 12. “Importantly, any meaningful increases in taxes from personal income would have to come from lower and middle income families, as 90% of all personal taxable income is generated below the taxable income level of $35,000. Further, there isn’t much more that can be extracted from high income brackets. If the Government took 100% of all taxable income beyond the $75,000 tax bracket not already taxed, it would get only $17 billion, and this confiscation, which would destroy productive enterprise, would only be sufficient to run the Government for several days.

Resistance to additional income taxes would be even more widespread if people were aware that: With two-thirds of everyone’s personal income taxes wasted or not collected, 100% of what is collected is absorbed solely by interest on the Federal Government contributions to transfer payments. In other words, all individual income tax revenues are gone before one nickel is spent on the services which taxpayers expect from their government.”So what we have is a central bank issuing worthless paper “money” that controls our economy, our lives and our future.

This private banking cartel was unconstitutionally granted this power by a devious, scheming group of senators back in 1913. In essence what they did was place the American people into indentured servitude by forcing The People to pay usury on worthless fiat currency paper money created out of nothing, not to fund the government, but to enrich the bankers and fund wars in which America should never be involved.

This system exists not to fund the government, but to allow the U.S. Congress carte blanche power to continue funding unconstitutional agencies and programs by providing them with a bottomless source of worthless ink.

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Why an Income Tax is Not Necessary to Fund the U.S. Government ~ By: Devvy (via ~ The GUNNY “G” BLOG & E-MAIL ~)

September 23, 2010 1 comment

reblog

Why an Income Tax is Not Necessary to Fund the U.S. Government Also available on audio for free; click here.

Download to a CD or IPod and help get the truth to family and friends Devvy Kidd Originally published and copyrighted in June 2001 Changes in text (c) 2005

Can this statement possibly be true?

In order to answer this question, Americans must first understand what is the source of the money that funds the government and where it goes. Contr …

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via ~ The GUNNY “G” BLOG & E-MAIL ~

Why an Income Tax is Not Necessary to Fund the U.S. Government ~ By: Devvy

December 9, 2009 8 comments

Why an Income Tax is Not Necessary
to Fund the U.S. Government

Also available on audio for free; click here.
Download to a CD or IPod and help get the truth to family and friends

Devvy Kidd
Originally published and copyrighted in June 2001
Changes in text (c) 2005

Can this statement possibly be true? In order to answer this question, Americans must first understand what is the source of the money that funds the government and where it goes. Contrary to the sound bites issued by the two mainstream political parties, the reality of how the system actually works will not only open your eyes, but hopefully stimulate the American people to demand that the thievery underway come to an end.

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