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Introduction to The Truth Behind The Income TaxVideo by: talos4cs Video Description: Introduction only. Introduces the basic issues revolving around the income tax. Learn about the nature of currency, and how employees of the Treasury Department, IRS, SSA, and other government agencies routinely misapply and subvert the law. Tags: constitution honesty law save-a-patriot tax introduction to the truth behind the income tax Related eBay ProductsNo items matching your keywords were found.Comments for this video: Show || Hide Tell a friend: |
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The Fed was created due to the 1907 Depression which caused a great banking crisis. The lender of last resort in 1907 was JP Morgan who provided liquidity as the Fed does now.
Talk about being in the hands of the bankers.
We were until the Fed was created.
The Fed Board of Governors sets monetary policy and those people are government appointed.
The 1907 Depression was the worst Depression in US history until the Great Depression.
Despite the appointment of Governers, none of them have any knowledge of the Fed Books. There are a few interviews of congressmen requesting information from the Fed to understand what we are going though. The Fed has become opaque (opposite of transparent) to government over site.
It was caused by reducing the amount of money freely available to the public. Which eventually, after a long period of time, caused the crash.
So, your theory is NY bankers caused their banks to fail to do what now?
I don't think so.
It's was much like what happened with Bear Stearns.
A speculative bubble burst causing bank losses from bad loans or investments which created fear of bank failure which meant runs on the banks which caused their failure since they ran out of liquidity due to the run on their reserves.
Did I say _all_ bankers? No, I just said bankers in general. There are a few in specific.
"Wages"/salary" and labor from "service" are all forms of "income." (<--The words I have in quotes are legal terms)
"Income" was legally defined by the Supreme Court, and only applies to money gained in a certain way. Not all kinds of money that a person recieves:
So. Pacific v. Lowe 247 U.S. 330, (1918)
Merchants Loan and Trust Co. v. Smietanka 255U.S. 509 (1921)
So. Pacific v. Lowe 247 U.S. 330, (1918)
Merchants Loan and Trust Co. v. Smietanka 255U.S. 509 (1921)
"...[B]een universally held by the courts of this republic..."
The circuit court is saying that the Supreme Court agrees with them and they agree with the Supreme Court.
Because he was an idiot twice??
I don't know anything about it, but you're wrong! LOL
Look up the difference between a Republic and a Democracy.
Pay-for-work is an even trade from one person (the worker) to another (the beneficiary, sometimes a company) and there is no divedend or gain involved.
They're referring to the sixteenth amendment in this case, and merely stating that because of people's misunderstanding of "income" (which they've already defined) shouldn't be enough of a reason to adopt a new method of taxation which the sixteenth amendment (nor the Constitution) wouldn't allow.
"An income tax is neither a property tax nor a tax on the occupations of a common right, but it is an excise tax...The legislature may declare as 'priveledged' and tax as such for state revenue, those pursuits NOT MATTERS OF COMMON RIGHT, but it has NO POWER to declare as a 'priveledge' and tax for revenue purposes, occupations that are of a common right." (emphasis added) Simms v. Ahrens, 271 SW 720 (1925)
Damn this 500 character limit, I've got more cases but oh well :)
"The provisions of the 16th Amendment conferred no new power of taxation but simply prohibited he 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..."Stanton v. Baltic Mining Co., 240 U.S. 103 (1916)
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,"
TP FAQ
"...'income', as used in the statue should be given a meaning so as not to include everything that comes in. The true function of the words 'gains' and 'profits' is to limit the meaning of the word 'income'" So. Pacific v. Lowe, 247 U.S. 330, (1918) and
items and sources of income that are Constitutionally exempt from taxation by the federal government. Not all income is Constitutionally taxable and is referred to as exempt income being the government "under fundamental law".