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To: Paddy Irish
Flat tax my @$$! The 16th Amendment Income tax is actually supposed to be a flat tax on corporate profit (see Peter Schiff's father's book, The Great Income Tax Hoax by Irwin Schiff).

With apportionment for direct taxes and excise taxes for indirect taxes, we had the best system of taxation in the world before the abuse of the 16th amendment.

4 posted on 09/18/2012 4:11:30 PM PDT by Stepan12
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To: Stepan12

If only the progressives of a hundred years ago could see what they wrought, the destruction of our republic.


6 posted on 09/18/2012 4:37:03 PM PDT by Jacquerie (Exterminate rats.)
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To: Stepan12

We have two taxes on corporate profit in addition to the income tax. These are out VAT tax, called the “corporate tax,” and the capital gains tax, which Warren Buffet has been tricking people into thinking is the same as the income tax. Of course, there are countless little taxes that eat into profits, but those are the out in the open ones. Then there’s the death tax, which was deliberately designed to get another bite at it.


8 posted on 09/18/2012 4:50:51 PM PDT by Tublecane
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