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Subject:  Re: Best Way to Lose $5 Billion Dollars Date:  2/1/2018  5:59 PM
Author:  TMFBreakerOrion Number:  87169 of 94579

The Founders weren't stupid. They understood that taxes are required to maintain a free society and specifically gave Congress the power to tax. Since the Founders didn't have a problem with notion of taxes, why should you?

Except that in the beginnings of our country the federal government could only tax via tariffs and excise taxes. It wasn't until 1913 that the 16th Amendment was added.

The US Supreme Court ruled the income tax unconstitutional, the 10th amendment forbidding any powers not expressed in the US Constitution, and there being no power to impose any other than a direct tax by apportionment.

In 1913, the Sixteenth Amendment to the United States Constitution made the income tax a permanent fixture in the U.S. tax system.

I expect the founding fathers would be appalled by the current size and scope of the US government as they did everything in their power to keep the federal government small and to maximize individual freedom. The states were to be far more various with their taxes and power compared to the federal government.

Can we really be said to own our home and land when we have to pay considerable yearly taxes to retain them?

Currently we are taxed on every type of transaction imaginable and we are supposed to be thankful when a tax code provides us with some form of "exemption".

A true simplification of the tax code is very past due.
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