There was NO INCOME TAX when the American Founders were alive because they believed that an income tax was TANTAMOUNT TO SLAVERY. Therefore, the Founders made it very difficult for Congress to have a “Direct Tax” on wages, real estate, and other property. In 1894, Congress decided to adopt an Read more…
There is currently a movement to provide reparations by certain members of Congress, academia, and, many of the Democrats that have declared that they are running for President in 2020. How would this even work, who would be eligible, and who would pay? No one living today was a slave Read more…
On this infamous day each year, usually the 15th, every United States citizen and resident, who has taxable income, is required to file their individual income tax return with the Internal Revenue Service (our version of the Gestapo), pay any taxes that still may be due, or, at the very Read more…
There are two predominant belief systems regarding the conduct and organization of human society. The first is derived from the “Old World” which stems from the conviction that government is the grantor and protector of human rights; and, is responsible for protecting and providing for the poor and down-trodden subjects. Read more…
In 1945, then Chairman of the New York Federal Reserve Bank of New York, Beardsley Ruml, made a speech to the American Bar Association entitled, Taxes for Revenue are Obsolete. According to Ruml, and understood by those familiar with Austrian Economics, the primary purpose of the federal income tax is Read more…