Is U.S. income tax invalid?

You may not care that the interest rate for the US is set by the private London Company that is the FED.

The interest rate determines the level of debt, and that level sets the Tax rate. Jeeze, it's like talking to a baby.

Parados wrote, "The above is plagerized word for word…"



You do make I laugh; I find it impossible to take seriously a miss-spelt allegation.

The word is:


You are fixated by the author, when you should address the content. You ask others to prove a negative, which you should know is impossible. It is not my intention to convince you of anything; only to inform.

For example:

"As a result of bankers meeting at Jekyll Island during the week of November 22, 1910"

Are you seriously suggesting any casual reader would reasonably believe I was there?


Allegations, more allegations and personal insults: the last refuge of a lost cause.

There is a popular belief within certain members that you are attempting to turn this collection of works (probably the largest on the web) into some kind of joke.

My professional advice is: You should seek immediate medical attention.

(I mean that in a good way)




Rep. Louis T. McFadden (R. Pa.) rose from office boy to become cashier and then President of the First National Bank in Canton Ohio. For 12 years he served as Chairman of the Committee on Banking and Currency, making him one of the foremost financial authorities in America. He fought continuously for fiscal integrity and a return to constitutional government. The following are portions of Rep. McFadden's speech, quoted from the Congressional Record, pages 12595-12603:

"THE FEDERAL RESERVE BOARD, A GOVERNMENT BOARD, HAS CHEATED THE GOVERNMENTOF THE UNITED STATES AND THE PEOPLE OF THE UNITED STATES OUT OF ENOUGH MONEY TO PAY THE NATIONAL DEBT.

The depredations and the iniquities of the Federal Reserve Board and the Federal Reserve banks acting together have cost this country ENOUGH MONEY TO PAY THE NATIONAL DEBT SEVERAL TIMES OVER."

About the Federal Reserve banks, Rep. McFadden said, "They are private credit monopolies which prey upon the people of the United States for the benefit of themselves and their foreign customers; foreign and domestic speculators and swindlers; the rich and predatory money lenders. This is an era of economic misery and for the reasons that caused that misery, the Federal Reserve Board and the Federal Reserve banks are fully liable."

On the subject of media control he state, "Half a million dollars was spent on one part of the propaganda organized by those same European bankers for the purpose of misleading public opinion in regard to it."

Rep. McFadden continued, "Every effort has been made by the Federal Reserve Board to conceal its power but the truth is the Federal Reserve Board has USURPED THE GOVERNMENT OF THE UNITED STATES. IT CONTROLS EVERYTHING HERE AND IT CONTROLS ALL OUR FOREIGN RELATIONS. IT MAKES AND BREAKS GOVERNMENTS AT WILL.

No man and no body of men is more entrenched in power than the arrogant credit monopoly which operates the Federal Reserve Board and the Federal Reserve banks. These evil-doers have robbed this country of more than enough money to pay the national debt. What the Government has permitted the Federal Reserve Board to steal from the people should now be restored to the people."

"Our people's money to the extent of $1,200,000,000 has within the last few months been shipped abroad to redeem Federal Reserve Notes and to pay other gambling debts of the traitorous Federal Reserve Board and the Federal Reserve banks. The greater part of our monetary stock has been shipped to foreigners. Why should we promise to pay the debts of foreigners to foreigners? Why should American Farmers and wage earners add millions of foreigners to the number of their dependents? Why should the Federal Reserve Board and the Federal Reserve banks be permitted to finance our competitors in all parts of the world?" Rep. McFadden asked.

"The Federal Reserve Act should be repealed and the Federal Reserve banks, having violated their charters, should be liquidated immediately.

FAITHLESS GOVERNMENT OFFICERS WHO HAVE VIOLATED THEIR OATHS SHOULD BE IMPEACHED AND BROUGHT TO TRIAL", Rep. McFadden concluded.




Richard wrote, "That's fine. I can disagree without being disagreeable."

Amen to that brother; I predict it will fall on deaf ears!!!

Of course it has fallen on deaf ears. He shows he cannot listen by his posts. How many times do I have to repeat myself to this guy.
When people ask the IRS to cite them the law, they dont say title 26.. they dont say section 1.. they SAY NOTHING... period.

Ive shown this guy videos and such but he is too irrational and emotional to actually consider he has been fooled by this entire thing.

He doesnt understand the federal reserve, he doesnt understand how the income tax was created to finance the federal reserve, and ill bet he doesnt understand the first thing about treasury auctions either....

because if treasury "auctions" work like the "auctions" on the NYSE, or NASDAQ, then they are not auctions but private markets controlled by the specialists in each particular stock...

But dont knock Parados too much.. He's good at reading text books and regurgitating things; he just doesnt understand them...

and Parados; understanding only comes when you have an open mind enough to admit you might be wrong about something and are willing to look at it from the other side you arent familiar with.

You have been shown the law.

You have been shown that the IRS does cite the law on their website.

Who is the one refusing to see? Who is the one refusing to actually discuss the law itself? I can understand the IRS frustration of showing the law, but the people they show refusing to see. I can also understand the court's frustration. The courts have bent over backwards for the tax protester idiots but no more.

Every story has many sides. Think "Rashomon." But some of those sides don't make logical sense. Your side is one of those loony explanations that defies logic and rational thought.

When you are actually willing to discuss the law as the law is written then maybe we can find some common ground. As long as you live in your fantasy world and ignore the law we will never have a conversation on equal footing.


Here is a wonderful piece on the "tax-deniers" by a libertarian that says the income tax law may be immoral but it isn't illegal or unconstitutional.
http://www.fff.org/freedom/fd0703b.asp

The requirement to file an income tax return is not voluntary and is clearly set forth in sections 6011(a), 6012(a), et seq., and 6072(a). See also Treas. Reg. § 1.6011-1(a).

The Law: The requirement to pay taxes is not voluntary and is clearly set forth in section 1 of the Internal Revenue Code, which imposes a tax on the taxable income of individuals, estates, and trusts as determined by the tables set forth in that section. (Section 11 imposes a tax on the taxable income of corporations.)
Furthermore, the obligation to pay tax is described in section 6151, which requires taxpayers to submit payment with their tax returns. Failure to pay taxes could subject the noncomplying individual to criminal penalties, including fines and imprisonment, as well as civil penalties.

The Law: For federal income tax purposes, "gross income" means all income from whatever source derived and includes compensation for services. I.R.C. § 61. Any income, from whatever source, is presumed to be income under section 61, unless the taxpayer can establish that it is specifically exempted or excluded. In Reese v. United States, 24 F.3d 228, 231 (Fed. Cir. 1994), the court stated, "an abiding principle of federal tax law is that, absent an enumerated exception, gross income means all income from whatever source derived."

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Try,

Honestly he is not going to understand it. He doesnt even understand that the country rents its own currency from a private bank To him the debt and deficit will be 'unimportant'. A system of values that will be justified through the value of improvements to the national infrastructure, etcetera.

He doesnt understand. He either has cognitive dissonance or he has a vested interest in maintaining an ambigious tax code for his own benefit.

First I am compelled to attend to the following:


"Today, unlike the 50's anyone can purchase US treasury securities in the auction. You only need to open an account, put up the money, and bid."


For once you are quite right, probably a mistake on your part, but nevertheless accidents do happen.

Why were the rules changes after 100 years?

Yes! You guessed it; the stench of corruption became so powerful and the accounts of the few so large it had to be made to appear as if it were open and honest.

So go try to open an account and buy something…Good luck!

What's with the FED?


I keep getting asked all the time, the same old question over and over; "Ok $hit for brains, so what's the answer?"




Before I reveal the answer I would like to make it clear; that if the government steals it…I want $10,000,000



THE SOLUTION

Currently all we do is exchange FED money (interest attached) for real U.S. money (interest-free) dollar for dollar as Kennedy tried to do. We should not be required to pay interest on our own currency. According to Benjamin Franklin, this was one of the primary reasons we fought the Revolutionary War. Today we are still fighting the same family of bankers.

The U.S. Government can buy back the FED at any time for $450 million (per Congressional record). The U.S. Treasury could then collect all the profit on our money instead of the 300 original shareholders of the FED. The $4 trillion of U.S. debt could be exchanged dollar for dollar with U.S. non- interest bearing currency when the debt becomes due. There would be no inflation because there would be no additional currency in circulation.

Personal income tax could be cut if we bought back the FED and therefore, the economy would expand. According to the Constitution, Congress is to control the creation of money, keeping the amount of inflation or deflation in check. If Congress isn't doing their job, they should be voted out of office. Unfortunately, voters can't vote the FED or its Chairman out of office.

If the government has a deficit, we could handle it as Lincoln and Kennedy did. Print money and circulate it into the economy, but this time interest-free. Today the FED, through foreign banks, owns much of our debt and therefore controls us. The FED will cease to exist as taxpayers become informed and tell other taxpayers. The news media and Congress will have no choice but to meet the demands of grass roots America.



Can anyone find a single fault with that line of thinking?


Apart from Parados; all comments most welcome.

To pay its bills, the government printed money, pushing inflation to the highest levels in the world.

Tryagain wrote:

First I am compelled to attend to the following:


"Today, unlike the 50's anyone can purchase US treasury securities in the auction. You only need to open an account, put up the money, and bid."


For once you are quite right, probably a mistake on your part, but nevertheless accidents do happen.

Why were the rules changes after 100 years?

Yes! You guessed it; the stench of corruption became so powerful and the accounts of the few so large it had to be made to appear as if it were open and honest.

So go try to open an account and buy something…Good luck!

So rather than deal with reality you will just pretend reality doesn't exist. Lots of people buy treasuries with personal accounts. I would suggest it as the best way as opposed to using the secondary market where institutional sellers mark up the treasuries.

Quote:

What's with the FED?


I keep getting asked all the time, the same old question over and over; "Ok $hit for brains, so what's the answer?"




Before I reveal the answer I would like to make it clear; that if the government steals it…I want $10,000,000



THE SOLUTION

Currently all we do is exchange FED money (interest attached) for real U.S. money (interest-free) dollar for dollar as Kennedy tried to do. We should not be required to pay interest on our own currency. According to Benjamin Franklin, this was one of the primary reasons we fought the Revolutionary War. Today we are still fighting the same family of bankers.

The U.S. Government can buy back the FED at any time for $450 million (per Congressional record). The U.S. Treasury could then collect all the profit on our money instead of the 300 original shareholders of the FED. The $4 trillion of U.S. debt could be exchanged dollar for dollar with U.S. non- interest bearing currency when the debt becomes due. There would be no inflation because there would be no additional currency in circulation.

Personal income tax could be cut if we bought back the FED and therefore, the economy would expand. According to the Constitution, Congress is to control the creation of money, keeping the amount of inflation or deflation in check. If Congress isn't doing their job, they should be voted out of office. Unfortunately, voters can't vote the FED or its Chairman out of office.

If the government has a deficit, we could handle it as Lincoln and Kennedy did. Print money and circulate it into the economy, but this time interest-free. Today the FED, through foreign banks, owns much of our debt and therefore controls us. The FED will cease to exist as taxpayers become informed and tell other taxpayers. The news media and Congress will have no choice but to meet the demands of grass roots America.



Can anyone find a single fault with that line of thinking?


Apart from Parados; all comments most welcome.

Let's start by examining some of the factual errors. Kennedy didn't print money to handle the deficit. The government borrowed money when Kennedy was President.

See Table 1.1 and Table 7.1 here
http://www.gpoaccess.gov/usbudget/fy08/pdf/hist.pdf

Not only did the amount of debt held by the Public go up while Kennedy was President so did the debt held by the Federal Reserve.

The second glaring error is the idea that the government could print as much money as it wanted to without inflation. Elementary economics tells you that when a government prints money instead of using tax revenue it creates inflation. It doesn't matter who controls the monetary system for the government.
http://googolplex.cuna.org/12433/ajsmall/story.html?doc_id=407

Quote:

To pay its bills, the government printed money, pushing inflation to the highest levels in the world.

Zimbabwa inflation

First I am compelled to attend to the following:


"Today, unlike the 50's anyone can purchase US treasury securities in the auction. You only need to open an account, put up the money, and bid."


For once you are quite right, probably a mistake on your part, but nevertheless accidents do happen.

Why were the rules changes after 100 years?

Yes! You guessed it; the stench of corruption became so powerful and the accounts of the few so large it had to be made to appear as if it were open and honest.

So go try to open an account and buy something…Good luck!






What's with the FED?


I keep getting asked all the time, the same old question over and over; "Ok $hit for brains, so what's the answer?"




Before I reveal the answer I would like to make it clear; that if the government steals it…I want $10,000,000



THE SOLUTION

Currently all we do is exchange FED money (interest attached) for real U.S. money (interest-free) dollar for dollar as Kennedy tried to do. We should not be required to pay interest on our own currency. According to Benjamin Franklin, this was one of the primary reasons we fought the Revolutionary War. Today we are still fighting the same family of bankers.

The U.S. Government can buy back the FED at any time for $450 million (per Congressional record). The U.S. Treasury could then collect all the profit on our money instead of the 300 original shareholders of the FED. The $4 trillion of U.S. debt could be exchanged dollar for dollar with U.S. non- interest bearing currency when the debt becomes due. There would be no inflation because there would be no additional currency in circulation.

Personal income tax could be cut if we bought back the FED and therefore, the economy would expand. According to the Constitution, Congress is to control the creation of money, keeping the amount of inflation or deflation in check. If Congress isn't doing their job, they should be voted out of office. Unfortunately, voters can't vote the FED or its Chairman out of office.

If the government has a deficit, we could handle it as Lincoln and Kennedy did. Print money and circulate it into the economy, but this time interest-free. Today the FED, through foreign banks, owns much of our debt and therefore controls us. The FED will cease to exist as taxpayers become informed and tell other taxpayers. The news media and Congress will have no choice but to meet the demands of grass roots America.



Can anyone find a single fault with that line of thinking?


Apart from Parados; all comments most welcome.

Like Ive said before Parados, you just keep believing what you want thats fine.. Im not going to try and change your mind.. That can only come from you. After all, there was a time I believed everything you did, but then I learned there was more to it.

Still the simple pretext of showing the law would solve this problem. The IRS wont do it ever.

Not just once or twice but all the time they refuse to do this one very simple thing which would invalidate many a tax protesors argument.

The argument cannot be solved from you nor I because we do not speak for the IRS.

Until the IRS shows the law; its a moot point.

They will not show the law and are basically forcing the issue to go through the Supreme Court - which will take years. One cannot help but wonder why.

A suggestion I have for you though is when you read and learn do not try to just memorize what you're reading, but understand it from other angles. Study what happened in the year 1913 and really think about it. We all know that every story has 2 sides to it so try thinking about the facts until you understand both sides.

The requirement to file an income tax return is not voluntary and is clearly set forth in sections 6011(a), 6012(a), et seq., and 6072(a). See also Treas. Reg. § 1.6011-1(a).

The Law: The requirement to pay taxes is not voluntary and is clearly set forth in section 1 of the Internal Revenue Code, which imposes a tax on the taxable income of individuals, estates, and trusts as determined by the tables set forth in that section. (Section 11 imposes a tax on the taxable income of corporations.)
Furthermore, the obligation to pay tax is described in section 6151, which requires taxpayers to submit payment with their tax returns. Failure to pay taxes could subject the noncomplying individual to criminal penalties, including fines and imprisonment, as well as civil penalties.

The Law: For federal income tax purposes, "gross income" means all income from whatever source derived and includes compensation for services. I.R.C. § 61. Any income, from whatever source, is presumed to be income under section 61, unless the taxpayer can establish that it is specifically exempted or excluded. In Reese v. United States, 24 F.3d 228, 231 (Fed. Cir. 1994), the court stated, "an abiding principle of federal tax law is that, absent an enumerated exception, gross income means all income from whatever source derived."