Tthe Sixteenth Amendment of the United States Constitution was ratified (illegally) on February 3, 1913.
The Federal Reserve System, created in 1913, is a private banking system of the United States.
Are these events connected in that the government knew that by creating the Federal Reserve, they could print up money and go into debt almost without limit; however to pay for all the interest on sums of money that the Federal Reserve "loans" to the government using bonds, the government knew they would need a massive new income tax to finance the interest payments on all the debts? How do you feel knowing that the government is taking the money you worked for and is using it to pay the interest payments on reckless and unethical spending?
2007-12-17
10:52:08
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5 answers
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asked by
Anonymous
in
Politics & Government
➔ Politics
The 16th allegedly authorizes the personal income tax even though it contradicts other constitutional amendments.
2007-12-17
10:53:20 ·
update #1