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Thread: Taxes?
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07-10-2008, 08:20 PM #101
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07-10-2008, 08:47 PM #102
"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." - this isn't what Oklahoma voted to ratify...
Apparently the US Court of Appeals sees it differently
Benson and Beckman did not discover anything; they rediscovered something that Secretary Knox considered in 1913. Thirty-eight states ratified the sixteenth amendment, and thirty-seven sent formal instruments of ratification to the Secretary of State. (Minnesota notified the Secretary orally, and additional states ratified later; we consider only those Secretary Knox considered.) Only four instruments repeat the language of the sixteenth amendment exactly as Congress approved it. The others contain errors of diction, capitalization, punctuation, and spelling. The text Congress transmitted to the states was: "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." Many of the instruments neglected to capitalize "States," and some capitalized other words instead. The instrument from Illinois had "remuneration" in place of "enumeration"; the instrument from Missouri substituted "levy" for "lay"; the instrument from Washington had "income" not "incomes"; others made similar blunders.Find me on SRP's official chat in ##srp on Freenode. Link is at top of SRP's homepage
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07-10-2008, 08:49 PM #103
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Thanked: 21Where is your quote from?? Any whack job can post anything they want on the web. A bit of citation info goes a long way here.
Try http://www.geocities.com/CapitolHill...amendment.html
and http://caselaw.lp.findlaw.com/script...s/498/192.html footnote 7Last edited by ScottS; 07-10-2008 at 08:52 PM.
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07-10-2008, 08:51 PM #104
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07-10-2008, 09:06 PM #105
I believe the best tax, if it were to be income based would be something like a flat tax, such as the biblical tithe(10%), it wouldnt matter who made what, 10% would be the rule no exceptions, no exemptions. There should also be a law of equal importance stating that the government could not spend more than it takes in with this tax or bonds sold. Personally I would also like to see the gold standard return, so that the dollar I earn today will still have the same worth/value tommorrow.
Last edited by nun2sharp; 07-10-2008 at 09:09 PM.
It is easier to fool people than to convince them they have been fooled. Twain
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07-10-2008, 09:45 PM #106
About the so called Amendment.
I've said it before but.....
Isn't it curious that this is the only amendment that gives power to the government rather than limits it?
Every other amendment defines vague area of the constitution in order to better define the limits of government. This is the sole example of a place where the original constitution was overwritten to expand the effect of the government upon its citizens.
Scott,
By your comparison of a rich person paying more to sit in first class a poor person should pay more in taxes than a rich one.
The first class seat is a greater benefit than the coach seat so the buyer pays for the greater service. Thereby the poor should pay the greatest amount in tax since they are the ones who want and receive the greatest service from the government.
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07-10-2008, 10:22 PM #107
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07-11-2008, 03:16 AM #108
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Thanked: 50There's a lot to recommend a flat tax, but getting there would be tough because most of us have ordered our lives (and finances) on the old system.
Consider what would happen if the real estate deduction disappeared. Most of us (in the middle class) live in our largest investment, and if the deduction went away, values might -- and probably would -- plummet. That's to say, they'd drop even more than they are right now. On top of the bursting of the real estate bubble, this thing could get truly ugly.
Instead of realizing a profit on a very significant investment for most of us, we'd very likely be in a position of owing more on the mortgage than the property could sell for.
What's the answer? I wish I knew.
j
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07-11-2008, 01:23 PM #109
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07-11-2008, 01:43 PM #110
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Thanked: 21They're given the choice of where they want to locate, just like any business. If they don't feel the environment they have is worth the taxes they pay, they're free to find something better. Isn't this consistent with the libertarian "supply-and demand should rule all" outlook?