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2/19/2012 Is This the End of Market Democracy?
The 2012 election will offer voters a stark choice between right and left alternatives. President Obama is calling for: investing in things like education that gives everybody a chance to succeed. A tax code that makes sure everybody pays their fair share. And laws that make sure everybody follows the rules. That’s what will transform our economy. That’s what will grow our middle class again. Republicans, in turn, are denouncing the expansion of a Democratic “entitlement society” and what they see as a trend toward European social democracy. They are calling for sharply reduced taxes, regulation and government spending to free market forces and revive private sector economic growth. While Americans are going to be able to choose between two contrasting ideologies, what if both choices are off the mark? What if the legitimacy of free market capitalism in America is facing fundamental challenges that the candidates and their parties are not addressing? Here are some of the issues that are making some politicians and political thinkers uneasy: Are large segments of the American workforce — millions of people — at a structural disadvantage in the face of global competition, technological advance and ever more sophisticated forms of automation? Is this situation permanent? Will the share of profits from improving corporate productivity flowing to capital and to high-earning C.E.O.s continue to grow, while the income of wage earners stagnates and their share of profits declines? Has the surging wealth and income of the top one percent and of the top 0.1 percent reached a tipping point at which the political leverage of the very affluent decisively outweighs the influence of the electorate at large? Is it possible that in the United States and Europe, democratic free market capitalism is no longer capable of providing broadly shared benefits to a solid majority of workers?
(New York Times)
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posted: 2/21/12                   0       4
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4/17/2011 America's two-class tax system: Records bear out that corporations and the wealthy live by a different set of U.S. rules from everyone else.
Eric Cantor, who has represented a section of Richmond, Va., in Congress since 2001 and now is the House majority leader, appears to want to craft a permanent U.S. tax system that caters exclusively to those at the top. So does Michele Bachmann, the Republican representative from Minnesota, a onetime tax lawyer who hopes to make a run for the White House. Likewise, Tim Pawlenty, the former two-term Republican governor of Minnesota, who also sees himself sitting in the Oval Office. Needless to say, none state their proposals like that. But that's the way their numbers and provisions add up. Like others in Congress and the media, Cantor, Bachmann, and Pawlenty insist that American businesses are paying too much in corporate income tax. They claim the onerous tax burden is killing jobs and forcing companies to move abroad. To reverse the nation's fortunes, they say, all Washington need do is slash the corporate tax rate, thereby reducing the amount of taxes these businesses are forced to pay. What's scary is a growing number of citizens believe them. That means a forecast made years ago by William J. Casey, a wily Republican from another era who liked to dabble in the intelligence world's black arts inside and outside the country, and who helped craft the election of Ronald Reagan, is coming true. After taking office, President Reagan installed Casey as head of the CIA in 1981. After his first staff meeting at the agency, Casey was quoted as saying: "We'll know our disinformation program is complete when everything the American public believes is false." One of the more egregious falsehoods being peddled by the corporate tax cutters is that companies doing business in the United States are taxed at an exorbitant rate. Not so. Though the United States has one of the highest statutory rates on the books at 35 percent, the only fair way to measure what companies actually pay is their effective rate

what they ultimately pay after deductions, credits, and assorted write-offs. By that yardstick, companies in the United States consistently pay taxes at rates lower than corporations in Japan and many nations in Europe.
(The Philadelphia Inquirer)
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posted: 4/18/11                   0       3
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1/1/2010 History of the Income Tax in the United States
The nation had few taxes in its early history. From 1791 to 1802, the United States government was supported by internal taxes on distilled spirits, carriages, refined sugar, tobacco and snuff, property sold at auction, corporate bonds, and slaves. The high cost of the War of 1812 brought about the nation's first sales taxes on gold, silverware, jewelry, and watches. In 1817, however, Congress did away with all internal taxes, relying on tariffs on imported goods to provide sufficient funds for running the government.
(Tax Foundation)
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posted: 11/28/10                   0       1
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2/9/2009 Harry Reid says paying income tax in America is Voluntary
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#4 



8/16/2008 During the Saddleback Civil Forum, John McCain is asked to define what rich means, and after trying to punt on the question throws the number five million out there. (CNN)
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posted: 5/25/10      
            
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8/12/2008 Most firms pay no income taxes -Congress: Study finds that the majority of domestic and foreign corporations in the United States avoid paying federal income taxes.
Nearly two-thirds of U.S. companies and 68% of foreign corporations do not pay federal income taxes, according to a congressional report released Tuesday. The Government Accountability Office (GAO) examined samples of corporate tax returns filed between 1998 and 2005. In that time period, an annual average of 1.3 million U.S. companies and 39,000 foreign companies doing business in the United States paid no income taxes

despite having a combined $2.5 trillion in revenue. The study showed that 28% of foreign companies and 25% of U.S. corporations with more than $250 million in assets or $50 million in sales paid no federal income taxes in 2005. Those companies totaled a combined $372 billion in sales for the largest foreign companies and $1.1 trillion in revenue for the biggest U.S. companies.
(CNN)
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posted: 9/27/10                   0       1
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7/9/1999 THE POWER TO DESTROY; Is income tax legal? Evidence suggests; 16th Amendment never ratified
Evidence strongly suggests that the 16th Amendment, which establishes the income tax, was not approved properly as required by the Constitution and was fraudulently ratified. "If this evidence is true, the income tax is the greatest hoax ever perpetrated on the American people," says Robert L. Schulz. Schulz is head of We the People Foundation for Constitutional Education, Inc., a New York state-based organization that hosted a symposium in Washington last week on the topic, "Are the Income and Social Security Taxes Legal?" The foundation twice sent registered letters to President Clinton, Senate President Pro Tempore Trent Lott, and House Speaker Dennis Hastert, as well as the Internal Revenue Service, asking them to send representatives to the symposium who could explain the government's case for the legality of the income tax. They received no response, much less a speaker, but part of the conference was covered by C-SPAN and that resulted in hundreds of friendly responses from viewers. A key speaker at the symposium was William J. Benson, author of a two-volume investigative report on the ratification of the 16th Amendment entitled "The Law That Never Was."
(World Net Daily)
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posted: 11/28/10                   0       1
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1/12/1984 GRACE COMMISSION REPORT
I realize some of you may be thinking "What will support the services offered by the government if none of us pay Federal Income Tax?" Well, below is a report requested by President Ronald Reagan to see just where the Federal Dollar goes. The Grace Commission Report has no copyright notice in it. Since it appears to be in the public domain, the beginning of the report is found below. The Grace Commission confirms the allegation that the income tax revenues go 100% to pay the interest on the national debt and not a single nickel of it goes to the government. Whatever government services we have, they are not being financed by the income tax. The underlined section of this report is from the Grace Commission that proves that none of the personal income tax goes to pay for any government services and is used to pay only the interest on the national debt.
(Grace Commission)
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posted: 11/28/10                   0       1
#8 
keywords: Federal Power Marketing Administration, Grace Commission, Income Tax, Military, United States, Veterans Add New Keyword To Link



1/1/1919 Income tax in the United States: Ratification of the Sixteenth Amendment
In response, Congress proposed the Sixteenth Amendment (ratified by the requisite number of states in 1913),[12] which states: The Congress shall have power to lay and collect taxes on incomes, from whatever source derived, without apportionment among the several States, and without regard to any census or enumeration. The Supreme Court in Brushaber v. Union Pacific Railroad, 240 U.S. 1 (1916), indicated that the amendment did not expand the federal government's existing power to tax income (meaning profit or gain from any source) but rather removed the possibility of classifying an income tax as a direct tax on the basis of the source of the income. The Amendment removed the need for the income tax to be apportioned among the states on the basis of population. Income taxes are required, however, to abide by the law of geographical uniformity. Some tax protesters and others opposed to income taxes cite what they contend is evidence that the Sixteenth Amendment was never properly ratified, based in large part on materials sold by William J. Benson. In December 2007, Benson's "Defense Reliance Package" containing his non-ratification argument which he offered for sale on the Internet, was ruled by a federal court to be a "fraud perpetrated by Benson" that had "caused needless confusion and a waste of the customers' and the IRS' time and resources."[13] The court stated: "Benson has failed to point to evidence that would create a genuinely disputed fact regarding whether the Sixteenth Amendment was properly ratified or whether United States Citizens are legally obligated to pay federal taxes."[14] See also Tax protester Sixteenth Amendment arguments.
(Wikipedia)
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posted: 9/27/10                   0       1
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keywords: Income Tax, Internal Revenue Service, Sixteenth Amendment, US Constitution, US Supreme Court, Union Pacific Railroad, United States, William Benson Add New Keyword To Link



12/31/1969 Internal Revenue Service
is the revenue service of the United States federal government. The agency is a bureau of the Department of the Treasury, and is under the immediate direction of the Commissioner of Internal Revenue. The IRS is responsible for collecting taxes and the interpretation and enforcement of the IRC (Internal Revenue Code).
(Wikipedia)
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posted: 9/27/10                   0       1
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