Five Trillion Dollars Is Not Enough
The federal government seized from the American people almost $5 trillion ($4.896119 trillion) in fiscal year 2022 (Oct. 1, 2021 through Sept. 30, 2022), according to The Monthly Treasury Statement of Receipts and Outlays of the United States Government (MTS),...
The 16th Amendment: How the U.S. Federal Income Tax Became D.C.’s Favorite Political Weapon
The American Revolution was sparked in part by unjust taxation. After all, the colonists in Boston rebelled against Britain for imposing “taxation without representation,” and summarily tossed English tea into the harbor in protest in 1773. Nowadays Americans...
Prior to 1913 No One Paid Income Tax. Why Now?
As a nation under the U.S. Constitution we are 230 years old. It may surprise readers to learn that for the first 124 of these years we had no federal income tax and handled our expenses quite well. According to a tax attorney today the 55% who pay federal income...