How the Liberals were fooled by the Leftists

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Butcher Bob
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How the Liberals were fooled by the Leftists

Post by Butcher Bob »

Here's a couple things to chew on...


Janet Yellen (Treas Sec) has written a recommendation to the IMF that a minimum corporate tax of 15% be established world-wide, under the guise of stopping big corporations from tax shopping countries for the lowest rate. What they don't mention is how this creates a huge entry barrier for domestic corporations in developing countries...or how tarifs can easily eliminate tax shopping. :whistle:


Saw someone's 80 year timeline theory for the US. Theory is that aboot every 80 years, we start at the end of a catastrophic event, and procede to another catastrophic event to end the 80 year period. They went even further breaking down the 80 year period into four 20 year generations. Not sure if I buy into it, but...
End of Revolutionary War...1783
End of US Civil War...1865
End of WW II...1945
?????????...2028 <--- was his prediction of when this period's catastrophic event will end.

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How the Liberals were fooled by the Leftists

Post by roller24 »

Janet is opening the gate of global taxation. Remember that the original income tax in the U.S. was only imposed on corporations. It was introduced to the individual's income during ww2 and was called the Victory Tax, and was only and by law supposed have a life of 2 years... well that didn't work out very equitably. :roflmao: No doubt, the impending onset of ww3 will give way to another "victory tax" for the global citizen.
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How the Liberals were fooled by the Leftists

Post by Butcher Bob »

roller24 wrote:
Tue Jul 13, 2021 11:41 am
...income tax in the U.S. ...was introduced to the individual's income during ww2 and was called the Victory Tax, and was only and by law supposed have a life of 2 years...
False. The US permanent form of individual income tax was established in 1913. While billed as a method for the government to help cover it's costs, the true nature of the tax was to allow the country to incur debt using the ability to collect future taxes as collateral for that debt.

https://en.wikipedia.org/wiki/Income_ta ... es#History

https://en.wikipedia.org/wiki/Victory_Tax

...just sayin'. :p

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How the Liberals were fooled by the Leftists

Post by roller24 »

Yes, but the income was not that of labor but of gains.
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.
When I said "income" below, I was thinking "labor income".
The 16th Amendment began the individual taxation of corporate gains.
The victory tax was when they began to determine that wages were also income.... if I remember, I quite researching taxes a while back.
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How the Liberals were fooled by the Leftists

Post by roller24 »

fairly significant development as simplistically, we all became indentured to the FRB
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How the Liberals were fooled by the Leftists

Post by Butcher Bob »

roller24 wrote:
Tue Jul 13, 2021 2:38 pm
...Brushaber v. Union Pacific Railroad, 240 U.S. 1 (1916)...
This case, as well as many others since then, was to clarify the distinction between income derived from property and income derived from labor. The reason for this was because income derived from property was supposed to be apportioned equally among the states based on population...whereas that requirement did not apply to income derived from labor. The court had to determine which classification various types of income fell under, because of that difference.

Hit this...
https://en.wikipedia.org/wiki/Income_ta ... _top_rates
...and scroll down to the table labeled 'History of income tax rates adjusted for inflation (1913–2013)'. The useful information provided are: the number of tax brackets, the tax rate of the first bracket, the tax rate of the top bracket, and the dollar threshold of the top bracket.

The historical significance of tax rates was never really addressed in my tax courses in college. So when I did the research for writing 'Paying for...the cost of war', I was horrified to discover...we quit paying for our wars in 1982, and started putting those costs on the national debt. And we have continued that practice ever since. :facepalm:

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How the Liberals were fooled by the Leftists

Post by rSin »

amongt us tax protestors was the knowledge that it took decades for wages to be concidered income
which is wasnt in the beginning...


https://foundationfortruthinlaw.org/Gri ... ticle.html
the intolerance of the old order is emerging from the rosy mist in which it has hitherto been obscured.

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Post by roller24 »

I never saw those 82- numbers, that does tell a story.
But back to my original remark on Yellen, I still see it as the gateway tax to an individual global tax, which may very well be enforced by the corporations too with a VAT tax or some other method of sourced collection.
Inflation is the real tax increase coming.
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How the Liberals were fooled by the Leftists

Post by roller24 »

rSin wrote:
Tue Jul 13, 2021 7:17 pm
amongt us tax protestors was the knowledge that it took decades for wages to be concidered income
which is wasnt in the beginning...


https://foundationfortruthinlaw.org/Gri ... ticle.html
https://www.law.cornell.edu/supremecourt/text/498/192

This was before the supreme court when I was running with Save A Patriot out of Hagerstown.
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How the Liberals were fooled by the Leftists

Post by rSin »

did the sovereign citizen thing for roughly 10 years here in LA basin

had a shelf of paperwork ready to throw in the face of any cop pulled me over

knew dozens of laws by code number
and the cases they rested on
all the key phrases
could fucking spit it out

refused to register my vehicle
had custom plates made that said embassy

heh

had one situation escalate to the tow trucks lifted my front end, but
talked him down


this was back in the years before theyd figured out to call us paper terrorists



back then the cops would just shake their head in bewilderment
see your obviously working and NOT a type on his radar
cept the weird plates

and that way i wasnt his job


and let you walk every time

nearly
the intolerance of the old order is emerging from the rosy mist in which it has hitherto been obscured.

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