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Originally posted by grimreaper797
I show you a government report. Yes its from the reagan administration. The point of that document was to show it WAS paying for interest on the National debt.
Originally posted by grimreaper797
If the income tax is really paying for services now, what taxes are paying for the interest that the Reagan administration found the income tax was paying for back in 1984?
Originally posted by Regenmacher
I never said that Federal income tax does not pay for debt interest, but it's not enough to pay all the interest plus military, health, education, etc.
Second, that the contention that the Amendment treats a tax on income as a direct tax although it is relieved from apportionment and is necessarily therefore not subject to the rule of uniformity as such rule only applies to taxes which are not direct, thus destroying the two great classifications which have been recognized and enforced from the beginning, is also wholly without foundation since the command of the Amendment that all income taxes shall not be subject to apportionment by a consideration of the sources from which the taxed income may be derived forbids the application to such taxes of the rule applied in the Pollock Case by which alone such taxes were removed from the great class of excises, duties, and imposts subject to the rule of uniformity, and were placed under the other or direct class.
The statute provides that the tax should not apply to enumerated organizations or corporations, such as labor, agricultural or horticultural organizations, mutual savings banks, etc., and the argument is that as the Amendment authorized a tax on incomes 'from whatever source derived,' by implication it excluded the power to make these exemption .
Concord Moniter
"This situation is exploding so fast in this nation and internationally that the Illuminati around the world are becoming very aware," Brown said, referring to a rumored secret society that he believes has infiltrated the highest levels of the world's governments.
Originally posted by grimreaper797
Understand what I am trying to say?
2005 Financial Report of the United States Government (pdf) treas.gov
The current financial reporting model does not clearly and transparently show the wide range of responsibilities, programs, and activities that may either obligate the federal government to future spending or create an expectation for such spending. Thus, it provides a potentially unrealistic and misleading picture of the federal government’s overall performance, financial condition, and future fiscal outlook. The federal government’s gross debt* in the consolidated financial statements was about $8 trillion as of September 30, 2005. This number excludes such items as the gap between the present value of future promised and funded Social Security and Medicare benefits, veterans’ health care, and a range of other liabilities (e.g., federal employee and veteran benefits payable), commitments, and contingencies that the federal government has pledged to support. Including these items, the federal government’s fiscal exposures now total more than $46 trillion, up from about $20 trillion in 2000. This translates into a burden of about $156,000 per American or approximately $375,000 per full-time worker, up from $72,000 and $165,000 respectively, in 2000. These amounts do not include future costs resulting from Hurricane Katrina or the conflicts in Iraq and Afghanistan. Continuing on this unsustainable path will gradually erode, if not suddenly damage, our economy, our standard of living, and ultimately our national security.
*The federal government’s gross debt consists of debt held by the public and intragovernmental debt holdings.
Originally posted by Realtruth
Guess you don't pay property tax bills..
With two-thirds of everyone's personal income taxes wasted or not collected, 100 percent of what is collected is absorbed solely by interest on the Federal debt and by 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.
Originally posted by grimreaper797
I said the interest on it is all. The interest alone pretty much is enough to practically wipe out our income tax revenue, granted the interest rates are 9%.
Originally posted by grimreaper797
Can you imagine the reaction you would get from people if you told them you were borrowing money to pay off interest on the borrowed money, and if congress would just abolish the federal reserve bank, there would be no more interest charging? Imagine how people would feel.
Originally posted by grimreaper797
Regen, its a sad fact, but we are going to collapse either way. So we can either do it by our own hand and get a preemptive start on rebuilding it. Or we can let china do it unexpected and let chaos insue.
"[T]he contention that the Amendment treats a tax on income as a direct tax although it is relieved from apportionment and is necessarily therefore not subject to the rule of uniformity as such rule only applies to taxes which are not direct, thus destroying the two great classifications which have been recognized and enforced from the beginning, is also wholly without foundation since the command of the Amendment that all income taxes shall not be subject to apportionment by a consideration of the sources from which the taxed income may be derived forbids the application to such taxes of the rule applied in the Pollock Case by which alone such taxes were removed from the great class of excises, duties, and imposts subject to the rule of uniformity, and were placed under the other or direct class." Brushaber v. Union Pacific R.R. Co., 240 U.S. 1 (1916).
This statement was confirmed and explained by the Supreme Court in Stanton v. Baltic Mining Co., 240 U.S. 103 (1916), in which the court stated that "by the previous ruling [in Brushaber] it was settled that the provisions of the 16th Amendment conferred no new power of taxation, but simply prohibited the previous complete and plenary power of income taxation possessed by Congress from the beginning from being taken out of the category of INDIRECT taxation to which it inherently belonged, and being placed in the category of direct taxation...."
Therefore, the power to tax incomes without apportionment is not a new kind of power, but just a different classification of the "previous complete and plenary power of income taxation," taking it out of the category of direct taxation and placing it back in the category of indirect taxation "to which it inherently belonged."
(As noted above, some circuit courts refer to the income tax as a "direct non-apportioned tax" despite the explanations in the Brushaber and Stanton decisions. Regardless of the confusion in terminology, the courts are unanimous that the income tax is constitutional under the 16th Amendment.)
Originally posted by FredT
What exactly are your taxes used for?
For defence to preserve your right to complain about having to pay taxes
For medicare and other social programs
The roads you are going to use to get tot he guys house to support him etc etc etc etc.