1913 Was a Terrible Year for the Constitution and Liberty | Path to Liberty Podcast
One of the worst years ever, 1913 gave us the tools that support the largest government in history.
Stay updated with breaking news from 16th Amendment. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
One of the worst years ever, 1913 gave us the tools that support the largest government in history.
The question presented in Moore is: “Whether the 16th Amendment authorizes Congress to tax unrealized sums without apportionment among the states.” Specifically in the Moore case, the question is whether Congress may tax as income the Moores’ pro rata share of the undistributed earnings of a corporation in which they are shareholders.
His yacht. and by doing so, he is able to deduct a very large amount of money from his taxes, based on the amount of money that business ostensibly loses each year. what propublica has turned up which appears to be true is that it's all a lie. that this company only exists to service his yachts and his yachts alone, that it's not a profit seeking business, that it's not a business expense in that he is manipulating and exploiting the tax code for illegal purposes. i think it's important we take a step back here ayman. the supreme court literally just took up a case is designed to rollback the ...
The amount of money that business ostensibly loses each year. what propublica has turned up which appears to be true is that it's all a lie. that this company only exists to service his yachts and his yachts alone, that it's not a profit seeking business, that it's not a business expense in that he is manipulating and exploiting the tax code for illegal purposes. i think it's important we take a step back here ayman. the supreme court literally just took up a case that's designed to roll back the 16th amendment. that's the one that allows for an income tax. when you see clarence thomas hanging...
The plaintiffs in this case say they received no actual income from their investments in an indian company, but they still got a tax bill. they sued, alleging that the tax was unconstitutional under the 16th amendment, which grants congress the power to levy and income tax, because they claim that their investment doesn't actually qualify as income, the case essentially revisits the laws definition of income, and whether individuals and companies must realize or receive profits from their investments before incurring taxes on them. there is a larger mode of driving this case, petitioners are a...