The 16th Amendment is the income taxes. The actually words are: The Congress shall have power and collect taxes on income, from whatever source derived, without appointment among the several States, and without regard to any census or enumeration. Keep in mind: this amendment give the power to congress.
Next is to move on to a quick history of the 16th Amendment.
To raise revenue to fund the Civil War, the income tax was introduced in the United States with the Revenue Act of 1861. In 1895, In the Supreme Court case of Pollock Verse Farmer’s Loan and Trust with a ruling of 5–4, the Court held that the act violated the Constitution since it imposed taxes on personal income derived from real estate investments and personal property such as stocks and bonds; this was a direct taxation scheme, not apportioned properly among the states The 16th Amendment was removed. Then on February 3, 1913, 16th Amendment was ratified the same year the Federal Reserve Act took place on December 23, 1913.
In conclusion, as I was doing my research on the 27 Amendments I did come across a informative documentaries that explain the 16th Amendments very great detail it is about 2 hours long. What I thought that was very interesting is: In this documentary it explains that Americans are not required to pay Federal income taxes because there is no law that requires you do so. In 24 court cases where people in court for tax invasion. They ask to see the law that requires them to pay Federal Taxes they where Acquittal.
In conclusion, as I was doing my research on the 27 Amendments I did come across a informative documentaries that explain the 16th Amendments very great detail it is about 2 hours long. What I thought that was very interesting is: In this documentary it explains that Americans are not required to pay Federal income taxes because there is no law that requires you do so. In 24 court cases where people in court for tax invasion. They ask to see the law that requires them to pay Federal Taxes they where Acquittal.
No comments:
Post a Comment