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Old September 29th 11, 10:49 AM posted to sci.space.policy
William Mook[_2_]
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Default Sadness

On Sep 29, 12:00*am, Fred J. McCall wrote:
wrote:
On Sep 27, 6:54 am, Fred J. McCall wrote:
wrote:
Check this out;


Ever wonder why we didn't have income taxes before 1913?


Uh, we did.


No we didn't.


Yes we did. *Go look it up, you ignorant ****.


I did you removed them.

http://www.irs.gov/app/understanding...hm02_les03.jsp

Mookie lies removed unread


The IRS is mis-stating the facts.

THIS IS WHAT YOUR REFERENCE SAYS:

In 1862, Congress passed the first federal income tax law to ease the
burden of Civil War debts. This early tax was a progressive tax. It
applied only to people who made more than $600, ensuring that the tax
was based on citizens' ability to pay. The government relied on
voluntary compliance with the income tax. Before it was repealed in
1872, this federal income tax provided nearly a quarter of the war
revenue.

HERE ARE THE FACTS

The Revenue Act of 1861 was extended in 1862 and was terminated in
1866. What the IRS says is a 'repeal' in 1872 is actually the defeat
of an attempt to restore the Revenue Act which was defeated in 1872.
The Revenue Act died a natural death in 1866.

More specifically, the Revenue Act of 1861, formally cited as Act of
August 5, 1861, Chap. XLV, 12 Stat. 292. The Act, motivated by the
need to redeem a portion of the sovereign dollars spent into existence
to pay for Civil War and avoid inflation at the same time.

Rates under the 1861 Revenue Act were 3% on income above $800

This was replaced in 1862. The tax provision (Sections 49, 50 and 51)
was repealed by the Revenue Act of 1862. Sec.89, which replaced the
flat rate with a progressive scale of 3% on annual incomes beyond
$600.

Significantly the Act was explicitly temporary specifying termination
of tax in "the year eighteen hundred and sixty-six".

That's why the Sixteenth Amendment had to be ratified in 1913 to allow
the federal government to tax citizens' incomes directly.

THE MAIN POINT:

The United States CREATED THE MONEY IT NEEDED AS A SOVEREIGN POWER
WITHOUT BORROWING!!!! Doing so saved US citizens significant interest
and maintaining control of the money supply. Taxes when they were
levied were apportioned and were raised only to take excess money out
of circulation to control inflation.

It wasn't until the creation of the FEDERAL RESERVE that the Sixteenth
Amendment was passed which caused Americans to be taxed generally.

TODAY ALL TAXES ARE PAID DIRECTLY TO THE PRIVATE FEDERAL RESERVE TO
PAY FOR INTEREST ON LOANS OUTSTANDING. THE MONEY THAT IS SPENT BY
CONGRESS IS THAT MONEY LOANED TO CONGRESS BY THE FEDERAL RESERVE AFTER
CONGRESS AGREES TO CONDITIONALITIES IMPOSED BY THE PRIVATELY OWNED
FEDERAL RESERVE.

THE FEDERAL RESERVE IS A SCAM TO EXTRACT THE WEALTH OF THE AMERICAN
PEOPLE AND ISN'T NEEDED FOR OUR GOVERNMENT TO FUNCTION!!!

THE PRESIDENT CAN CAUSE MONEY TO BE CREATED AND SPENT INTO EXISTENCE
WITHOUT BORROWING IT FROM THE FEDERAL RESERVE (See JFK Executive Order
11110 and Lincoln's Legal Tender Act of 1861) With the Super
Congress Obama could impose a TOBIN TAX OF 1% RETROACTIVELY over last
year's trading and rise $33 trillion and pay off the US Debt of $17
trillion. He could then issue sovereign currency against the $16
trillion liability and do whatever was needed. Accounting and legal
fees run about 2% of trading volume, so a 1% tax would be easily
supported. The US exchanges transacted $3.3 Quadrillion in trades
last year.

The Revolutionary War wasn't about taxes on tea. It was about King
George III along with British Parlaiment prohibiting New England from
issuing paper currency as legal tender. This imposes a hardship on
the colonists of the region, many of whom are engaged in the trading
economy and who find hard currency increasingly scarce because they
keep sending it to England in order to pay debts.


--
"Ordinarily he is insane. But he has lucid moments when he is
*only stupid."
* * * * * * * * * * * * * * -- Heinrich Heine


Fred's an asshole to say that what I said previously was a lie. The
man's a friggin' jerk.