Page 7 - 16th Amendment News Today

This way. when the 16th amendment was ratified in 1913, it gave congress the power to establish for only the second time in our history a federal income tax. the first time was back in abe lincolns day to pay for the civil war. and when the war ended, so did the tax. so how did that 1913 income tax look? well, for starters, you werent even taxed until you made over $67,000 in todays money. at a rate of only 1%. it stayed that way until you made todays equivalent of $375,000, when the rate double...

Youve got the potential offering of democratic candidates not to run in placement for possible high-level offices. theres a lot of stuff out there, and if anything is found true, we should hold those people accountable. >> i want to go through what your ad says. you stand by the ad, of course? >> absolutely. >> okay. lets talk about the progressive income tax. would you like to replace it? >> absolutely. id love to replace it with a fair tax. >> and youd like to get rid of the 16th amendment to ...

Fraud, tax evasion. the potential offering of democratic candidates not to run in replacement for possible high-level offices, a lot of stuff out there and if anything is found true we should hold those people accountable. >> i want to go through what your ad says. you stand by the ad, of course? >> absolutely. >> okay. lets talk about the progressive income tax. would you like to replace it? >> absolutely. id love to replace it with a fair tax. >> and youd like to get rid of the 16th amendment ...

Then been comith illegal acs? >> again, you just look back over the years. there are several caught for tax fraud, tax evasion. youve got the potential offering of democratic candidates not to run in placement for possible high-level offices. theres a lot of stuff out there, and if anything is found true, we should hold those people accountable. >> i want to go through what your ad says. you stand by the ad, of course? >> absolutely. >> okay. lets talk about the progressive income tax. would you...

Thats my choice. because with national, i roll past the counter... and choose any car in the aisle. oh, buck chooses the blue one! [ male announcer ] go national. go like a pro. choosing your own car? now, thats a good call. an ex-con is back in politics. traficant filed papers today to run for congress in ohios 17th district. thats tim ryans district as an independent. traficant is one of the more colorful members to serve in congress. he served seven years in prison for racketeering, taking ...

Country up to the next level above the shining city on the hill that we have become because of ronald reagan, we have to have lower taxes, less government. it isnt going to work to slow the growth of government. we are now going to have to come back in, after november with new majorities and cut real government spending and delay out for the long term to get to a balanced budget in a short period of time. >> sean: im concerned that were now crossing a threshold, irreparable damage. i dont know h...

Country up to the next level above the shining city on the hill that we have become because of ronald reagan, we have to have lower taxes, less government. it isnt going to work to slow the growth of government. we are now going to have to come back in, after november with new majorities and cut real government spending and delay out for the long term to get to a balanced budget in a short period of time. >> sean: im concerned that were now crossing a threshold, irreparable damage. i dont know h...

Take more money from us. >> what if this is a scheme to make a deal to satisfy folks like you and mark, post tone if not eliminate the planned increase in taxes on the upper income if they got this. >> first of all, theyre not cutting a deal because democrats never get rid of taxes, they add them on top of one another. lets repeal the 16th 16th amendment and capital gains and outlaw property taxes because theyre just the government as land lords. you want to get rid of that, we can talk about ov...

Consideration. the idea of a federal 5% sales tax, which would be a quarter of what the average is in europe, is under serious consideration if for no other reason than to pay for all this spending. >> absolutely. and do you see any modifications, simplification of the income tax, the 16th 16th amendment? no talk about having a flat tax that steve forbes and dick army promoted effectively and the national retail sales tax completely eliminating the federal income tax, with getting rid of the 16t...

Order to pay for it and the suggestion of a value added tax. whatever happened to that promise that nobodys taxes would go up if they made under dlar 123$250,000. it would raise everyones taxes and the government doesnt care. the government used taxpayers as a bottomless pit. >> leave it to you to tell us in our notes that the constitution originally prohibited the feds from collecting income taxes. oh, how times have changed! >> yes, they have. in 1913, the 16th amendment was enacted that allow...