Quote:
Originally Posted by txdot-guy
Please allow me to correct your incorrect statements.
https://www.investopedia.com/terms/s...-amendment.asp
The 16th amendment to the constitution was enacted specifically to allow for the income tax.
The 16th Amendment to the U.S. Constitution was ratified in 1913. It allows Congress to levy a tax on income from any source without apportioning it among the states and without regard to the census.
The 16th Amendment to the U.S. Constitution allows Congress to levy a tax on income from any source.
The change was supported generally by states in the South and West.
Prior to the 16th Amendment, the Constitution required direct taxes to be proportionate to each state's population. Most Federal revenues came from tariffs and excise taxes.
The first national income tax was enacted in 1894 but was struck down by the Supreme Court in the case of Pollock v. Farmers' Loan & Trust Co. (1895). The 16th Amendment was passed in response to this court case.
The income tax is now the largest source of Federal government revenue.
https://famguardian.org/Subjects/Mon...e/const.htm#30
As for the issue of fiat currency the matter is not specifically enumerated in the constitution. However it is not forbidden either. Numerous courts have upheld the right of the congress to regulate the printing and distribution of paper money as well as other forms of currency.
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Up to date, there are still some debates on whether the 16th Amendment is constitutional or not. America’s Founding Fathers who designed the constitution wanted the power between the federal government and the states to be balanced. Therefore, the national government was not allowed to collect taxes from individuals directly. This means that the government could still collect revenue from the states in accordance to population, but it would leave the method of collection to the states. The federal government would use other methods which were less intrusive such as excise taxes, tariffs, and consumption taxes. This way the amount that the government could collect by its own authority was limited.
Most of the Founding Fathers did not like the idea of taxing individuals. In fact, the taxing of individuals was regarded as a last resort option and could only be implemented during war or other emergencies. It was not until during the Civil War that the first income tax was imposed, and it was repealed soon afterwards. When the Amendment was adopted in 1913, it only applied to 2 percent of the labor force, with the highest rate being 7%. This primed the way for the government’s unlimited access to revenue.
Was the 16th actually ratified?
https://givemeliberty.org/features/t...otratified.htm
Constitutional money;
Read in conjunction with the Ninth and Tenth Amendments, and the obligation-of-contracts clause (Art. I, sec. 10, cl. 1), we can identify five monetary policies that are constitutionally requisite in the United States:
The basic unit is the dollar, a silver coin containing 371.25 grains of pure silver.
Only gold or silver coins and currency (specie-backed banknotes) can be legal tender.
No state may issue coins or currency.
No one may counterfeit U.S. Government-issued coins or currency.
Neither the states nor Congress may issue fiat money notes (‘bills of credit’).