The result: the first ever iteration of what would henceforth become the most hated form in US history.
Wow Sammy super work love all the comments waking up the sheeple people.
On February 3rd, 1913, one of the two most historic events in US history took place: the ratification of the 16th amendment, which established Congress' right to impose a Federal income tax on Americans, and overturned Article I, Section 9 of the US Constitution which explicitly prohibited a general income tax.
And it's Superbowl Sunday
Last edited by Chex; 02-03-13 at 09:56 PM.
Ah yes. Technically, 1862 saw the first federal Income Tax form: http://www.robinsonlibrary.com/socia...venue/1862.htm
In searching for the history of US notes, I keep finding remarks about Treasury issuing $10 demand notes beginning in 1861, bearing Lincoln's portrait. I would really like to see an example of one of those.
At any rate, the Legal Tender Act of 1862 and National Bank Acts coincide with the 1862 income tax.
I don't think it's coincidental that US notes and income tax begin at the same time.
Originally Posted by Keith Alan
Not at all! One has to understand the new trust funding the War of Rebellion was a not-quite Territory called Colorado.
That was executed from the SW Corner of this Golden Rectangle of Masonic Monuments. I am growing in confidence to say that this Treasury Vault is or represents the $300M gold backing the US notes in "circulation" (in the Fed banks so they don't wear out) today. Think about it. It is difficult to believe this Golden Rectangle is an accident and represents nothing.
The US graduated to a total fiat by accepting GILPIN's script was acceptable just because of Emergency. Please notice the Date when LINCOLN reconvened Congress for the Extraordinary Occasion. (Does April 15 ring a bell?) I am convinced that Treasury Vault is a significant part of the monuments.
Even if I am wrong about this decryption you have to admit my life is more interesting because of this interpretation - maybe even good reading here!
The first income tax statutes were passed in 1861.
Revenue Act of 1861
Last edited by shikamaru; 02-06-13 at 09:45 PM.
Yes. But note the income tax provision (Sections 49, 50 and 51) of the 1861 Act was repealed by the Revenue Act of 1862. I'm not certain it ever collected any income tax.
http://www.taxhistory.org/thp/readin...8?OpenDocumentThe law included a direct tax as originally proposed by Treasury Secretary Chase, as well as 3 percent levy on all incomes exceeding $800. 49 With such a high exemption, only the richest were expected to pay; historians have estimated that this first income tax applied to only 3 percent of the population. 50 Congress levied the tax on money earned during calendar year 1861, with payment due within six months. They left collection methods, however, largely unspecified. States were encouraged to assume the direct tax and collect the money as they saw fit. Collection for other federal taxes was left up in the air. With Congress slated to return from recess later in the year, the law was widely considered provisional. 51
[42] Clearly, the income tax posed the biggest collection problems. For its part, the Treasury Department was less than enthusiastic about the new tax.
It didn't. The Revenue Act of 1862 superseded the previous act before collection could start.
Notice it went from a flat tax to a progressive tax.
That Treasury Vault is a permanent fixture but in the video, the adjacent room has a display called Money of the Civil War.
Interestingly, that is the security guard allowing me to photograph.
Last edited by David Merrill; 02-06-13 at 04:17 PM.
In that 1040 return on #2 I don’t see line for the SS# and see the way it wants the taxpayer to put in a address?
……..anyway……
You think the fiat currency congress printed could have been well spent towards the fiat currency deficit?
For fiscal year 2009, the U.S. Congress appropriated spending of approximately $12.624 billion of "discretionary budget authority" to operate the Department of the Treasury, of which $11.522 billion was allocated to the IRS.
The first income tax was assessed in 1862 to raise funds for the American Civil War, with a rate of 3%.
Today the IRS collects over $2.4 trillion each tax year from around 234 million tax returns. http://en.wikipedia.org/wiki/IRS
Where does the trillions go?
By the way check your IMF for these codes: http://en.wikipedia.org/wiki/Potenti...erous_taxpayer
NY Time newspaper clip. http://query.nytimes.com/mem/archive...DE405B848DF1D3
Sometimes it takes a bit more of explanation and follow the yellow brick road to see things through.
Government of the United States. The federal government of the United States is the central United States governmental body, established by the United States Constitution. The federal government has three branches: the legislative, executive, and judicial. Through a system of separation of powers and the system of "checks and balances," each of these branches has some authority to act on its own, some authority to regulate the other two branches, and has some of its own authority, in turn, regulated by the other branches. The policies of the federal government have a broad impact on both the domestic and foreign affairs of the United States. In addition, the powers of the federal government as a whole are limited by the Constitution, which, per the Tenth Amendment, reserves all power not directed to the National government, to the individual states, respectively, or "to the people". The seat of the federal government is in the federal district of Washington, D.C. http://en.wikipedia.org/wiki/Portal:..._United_StatesLearnTheLaw said
The term "United States" may be used in any one of several senses. [1] It may be merely the name of a sovereign* occupying the position analogous to that of other sovereigns in the family of nations. [2] It may designate the territory over which the sovereignty of the United States** extends, or [3] it may be the collective name of the states*** which are united by and under the Constitution.
http://savingtosuitorsclub.net/showt...nt-think/page8
This revenue ruling emphasizes to taxpayers, promoters and return preparers that all U.S. citizens and residents are subject to federal income tax.
The seat of the U.S. federal government in Washington is a federal district known as the "District of Columbia", which is not part of any state. In main addition, the U.S. government has several other kinds of "federal districts" which are not specifically related to a capital city: http://en.wikipedia.org/wiki/Federal_district
In United States law, a "federal enclave" is a parcel of federal property within a state that is under the "Special Maritime and Territorial Jurisdiction of the United States."[1] As of 1960, the latest comprehensive inquiry,[2] only seven percent of federal property had enclave status, of which four percent (almost all in Alaska and Hawaii) was under "concurrent" state jurisdiction.
International law rule
Congress provided no civil laws to govern these enclaves. So in 1885, the Supreme Court held that the "international law rule," applied. That rule provides that when a territory is transferred from one government to another (such as when a federal enclave is ceded), laws for the protection of private rights continue in force until abrogated or changed by the new government.[13][14]
Under the doctrine of extraterritoriality, a federal enclave was treated as a "state within a state" until 1953, and therefore enclave residents were not residents of the state.[15] They could not vote in state elections,[16] attend public schools,[17] obtain a divorce in state courts,[18] or call upon state law enforcement officers to protect them from criminals.[19] http://en.wikipedia.org/wiki/Federal_enclave
These three named States were selected as containing Federal real properties representative of such properties in all the States. Information was procured concerning the practices and problems related to legislative jurisdiction of the 23 Federal agencies controlling real property, and of the advantages and disadvantages of the several legislative jurisdiction statuses for the various purposes for which federally owned land is used. http://www.supremelaw.org/rsrc/fedjur/fedjur2.htm
Last edited by Chex; 02-06-13 at 05:41 PM.
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