The Church of Kharma Futures

The Rev's views on politics, events,faith, and the world. All content copyright Church of Kharma Future 2007-2015 All rights Reserved

More info in IRS and Income Tax

Posted by revkharma on June 20, 2014

It was all a political ploy!’

According to Jay Starkman, writing in the Wall Street Journal, the Sixteenth amendment was merely a trick, employed to allow the Congress to pass an excise tax on business.

The Senate boss, Finance Committee Chairman Nelson Aldrich, together with President William Howard Taft concocted a compromise to stop the income tax bill that the House had passed. Congress would immediately pass a 1% “excise” tax on corporate income over $5,000—in effect the rich were being taxed. As a further sop to income-tax advocates, Aldrich would sponsor an income-tax constitutional amendment.

Aldrich was quite candid about his scheme to block the House bill that had been passed, declaring to the Senate: “I shall vote for the corporation tax as a means to defeat the income tax.”

But of course it was not something which those who imposed it had any desire subject themselves to :

After the tax law was passed, judges embraced it—for everyone else, just not themselves. Judges across the land proclaimed that the Constitution prohibited diminishing their salaries (and those of the president and state employees) through taxation. They emphasized the point by issuing court rulings in their own favor, excusing themselves from the tax. This lasted until the Depression, when the force of public opinion essentially shamed them into relenting. Under a law passed in 1932, Franklin Roosevelt became the first president subject to the income tax, but he refused to pay an increased rate that he helped enact in 1934. FDR insisted on paying the lower 1932 rates.

Now they just use the IRS to attack enemies and destroy those who oppose them.

Nice work.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

 
%d bloggers like this: