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This weekend, President Trump tweeted that a: “Big TAX REFORM AND TAX REDUCTION will be announced [on] Wednesday.” This is great news. However, as we go through the process of improving the tax code, we must encourage our politicians to do two things:
1.) Eliminate the unconstitutional federal income tax.
2.) Reduce hidden taxes that politicians eternally use to offset tax “cuts”—namely increases in federal spending.
Our founders understood that your first piece of private property is your body and the fruits of any labor completed through the toil of your mind and/or body are exclusively yours. All just human law is rooted in natural law (reason) and there is no natural law indicating that the government has a right to the fruits of your labor. Taxing labor is a form of extortion.
One in two Americans believes that the federal government relies on personal income taxes to fund at least three quarters of its operating costs, according to a new survey by Ipsos. In reality, income taxes only fund about a third of total government spending.
1.) Eliminate the unconstitutional federal income tax.
The federal income tax was implemented via the 16th Amendment to the Constitution in 1913
I can't remember when it started- was it the civil war, or when the bankers took over?
I tracked every dollar in and out of my pocket in 2015, and around 50% of every dollar earned went to tax. Now that Amazon collects sales tax, that number just went up.
originally posted by: Bluntone22
a reply to: Boadicea
The article states that an income tax is unconstitutional.
The 16th amendment covers income tax does it not?
Or did I misunderstand the 16th?
originally posted by: dfnj2015
a reply to: intrptr
Help pay for the interest payments on the bank bailouts.
originally posted by: Boadicea
a reply to: lordcomac
I can't remember when it started- was it the civil war, or when the bankers took over?
If I remember history correctly, a temporary income tax was implemented during/after the Civil War to pay off war debts; the permanent income tax was established when the banksters took over.
I tracked every dollar in and out of my pocket in 2015, and around 50% of every dollar earned went to tax. Now that Amazon collects sales tax, that number just went up.
Yup! That's what we figured out as well. How long until that number is MOST of our income??? I don't want to find out!
We should have a 10%-15% flat tax on income. This shoulders the majority of taxes where it's supposed to be - on those with much higher income.
You can't say it's not fair, because everyone pays an equal percentage.
Do this and get rid of all the complicated BS with exceptions and brackets and close loopholes.
Trying to remove the income tax altogether goes hand in hand with a federal sales tax. This is another attempt to push the tax burden off on the middle class, who power the consumer market.