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FRIDAY, APRIL 18, 2014 | TIPS Subscribe to the breaking newsWhat is RSS?
COVER Page ALL News CHOICE VIDEOS User COMMENTS
SATURDAY, JAN 19, 2013| 7 comments
Before the Income Tax

This year — 2013 — marks the 100th anniversary of the modern income tax, a tax that dominates the revenue scheme of the federal government today. Individual income taxes accounted for about 45 percent of all federal tax revenue in 2012, along with 35 percent for Social Security and Medicare payroll taxes (which are also a tax on income), 10 percent for corporate income taxes, and only 10 percent for all other tax sources.

It wasn’t always so. Prior to ratification of the 16th (income tax) Amendment in February 1913, the federal government managed its few constitutional responsibilities without an income tax, except during the Civil War period. During peacetime, it did so largely — or even entirely — on import taxes called “tariffs.” Congress could afford to run the federal government on tariffs alone because federal responsibilities did not include welfare programs, agricultural subsidies, or ...


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· Page 1 ·  Found: 7 user comment(s)
News Item1/21/13 12:37 PM
jpw  Find all comments by jpw
it shows to me that we are a spineless generation, a don quixote generation that would rather chase windmills than stand firm in truth and righteousness. yes, the power of a preacher who says it all, and the sweet move of the Holy Spirit that brings restoration!
7

News Item1/21/13 12:32 PM
Mike | New Yorkl  Find all comments by Mike
jpw wrote:
---
why do we keep repeating what we heard in 8th grade civics when what we live in is not that?
We need hear what should be over and over, that we not forget. Most have forgotten precisely because they do not hear it. Kind of like back slidden lukewarm Christians, who do not hear the power of truth preached, so it becomes cloudy, then fritters away.
6

News Item1/21/13 12:02 PM
jpw  Find all comments by jpw
Rufus -- it almost seemed the poster was trying to introduce confusion, but was the 16th Amendment even properly ratified?

They told me in school that the gov was 3 branches -- leg, exec, and jud. the first two being elected with checks and balances.

since then I have seen that the printing of money, income taxes and all things money was given to european bankers and called the "FED" and in Greenspan interviews he clearly says he doesn't answer to anyone.

why do we keep repeating what we heard in 8th grade civics when what we live in is not that?

5

News Item1/21/13 10:52 AM
Rufus | Fort Worth, TX  Protected NameFind all comments by Rufus
Smith wrote:
No, reject this progressive nonsense.
It was the Import taxes and tariffs that were a denial of God-given free markets and always resulted in a reduction of trade and a reduction in the wealth of nations and in freedom. It was not for nothing that tea was thrown into the docks.
Freedom requires the free flow of ideas, knowledge, capital, goods and people.
It is progressive/communistic ideology that brought in the 16th amendment and the "income" tax and took a formerly free people and turned them into tax and debt slaves to international banksters. How one could define the rejection of this ideology as "progressive nonsense" is quite baffling.
4

News Item1/19/13 10:46 PM
Smith  Find all comments by Smith
Rufus wrote:
1913 was a major nail in the coffin of this republic and a major victory for the building of an empire. It was the end of freedom for Americans and a beginning in their enslavement. An end of national sovereignty and the beginning of global government and a new world order.
No, reject this progressive nonsense.

It was the Import taxes and tariffs that were a denial of God-given free markets and always resulted in a reduction of trade and a reduction in the wealth of nations and in freedom. It was not for nothing that tea was thrown into the docks.

Freedom requires the free flow of ideas, knowledge, capital, goods and people.

3

News Item1/19/13 10:02 AM
Mr. B | N.Y.  Find all comments by Mr. B
Amen bro Rufus . Amen. You said it all.
2

News Item1/19/13 9:51 AM
Rufus | Fort Worth, TX  Protected NameFind all comments by Rufus
1913 was a major nail in the coffin of this republic and a major victory for the building of an empire. It was the end of freedom for Americans and a beginning in their enslavement. An end of national sovereignty and the beginning of global government and a new world order.
1
There are a total of 7 user comments displayed | add new comment |Subscribe to these comments
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