Posted on 05/11/2006 5:46:17 PM PDT by Man50D
$3.69?
So the 1895 decision directly superceeded the 1911 decision. I don't think so.
Read again, the Flint (1911) decision is just an amplification of the Pollock (1895) decision in validating that income taxes were constitutional regardless of whether they were used to tax the wage, salary and other labor income of the individual, or the business income of the corporation and trades as was clearly held to be Constitution by Pollock(1895) and the earlier decisions of Springer (1880).
Flint vs Stone which was based in part on the Pollock (1895) decision and the even earlier Springer (1880) case law having roots in all prior decisions upholding excise taxes in principle whether they be corporate or on the individual in his income producing activities:
The only tax that Pollock (1895) threw out for being levied in an unconstitutional manner were taxes on income from real estate, and stocks and bonds in the form of dividends and interest. It left untouched the decisions of Springer as regards taxation of wages, salaries and other compensation for employments, professions etc.
All are cases upholding taxes on labor and business as constitution and valid prior to the ratification of the 16th amendment and have never been overturned by any Supreme Court decision.
All the 16th Amendment ever accomplished was to assure that rents, dividends and interest (i.e. investment) income were treated the same as labor and business income,( i.e. all were treated as excises on business and financial activities.)
In short the only thing that ever got in the way of Congress levying income taxes at the same time they were hitting the American citizen with all kinds of consumption taxes of that era, was the electorates ire should they try to do so.
The only thing that would go away with repeal of the 16th Amendment, is Congress' power to levy taxes on income from real and personal property without apportionment, such as is mentioned in Pollock (1895).
$3.90. It's 30% tax on top of the $3.00.
Since $0.90 out of the $3.90 price is tax, they call it a 23% tax. But you have to add 30% to the selling price to get the FairTax price.
Will the 23% national tax apply to the purchase of gasoline?
The base price of gasoline without the state and federal excises that are levied at the pump, yes. Just as profits and wages that are paid for out of business receipts from the sales of gasoline are taxed today under the income/payroll tax system.
What the FairTax legislation does is repeal federal income/payroll taxes in total, and replaces them with a single tax at the first retail sale of any new product or service.
Awesome!
The FairTax Bill doesn't repeal the 16th, it just makes that recommendation that it be repealed which obviously isn't going to happen.
That's one of numerous problems with the plan. We end up with both an income tax and sales tax when the FairTax fails miserably.
They should've had this FairTax rally at NOON, and served a FREE LUNCH.
You are going to win an award someday for thread spamming.
See as may posts are always in response to specific statements made in the existing thread, and are germane to the issue raised, any spamming is only in the eyes of those who find their misinformation and illogical statements refuted.
Once again you resort to denigration rather than addressing merit of the issue. A pity, it seems that is all are are capable of when you run out of reason, trash the messenger seems to be your only response. Unfortunately an all too typical response by you on these threads.
Obviously you are talking about pigdog, right?
Where the shoe fits it should be taken to heart, including your own goodself from time to time I have noticed.
You talk like Gandalf sometimes.
Remember, if you can't come, send a letter. Boortz is going to pour out all of the letters on the stage. Here is your link:
http://boortz.com/
You really should keep your x-rays private. And I see your ping list is not growing. LOL.
Don't bother sending letters. If he doesn't get any, he'll just make them up any way. Same end result. Less effort for the FairTaxers.
That is rich. The fair tax will turn the legislature into the Federal Reserve Bank. Connecting some weird dots there, boy.
We already presented AG with that award. It was part of the award ceremony where most of you SQL's were presented with the negative trophy and the lack of ideas plaque.
I heard you call Boortz today. He ripped you a new one. Too bad. You really should study the dates on top of page one of the NYT's.
You talk like Gandalf sometimes.
Chuckle, that could be good or bad depending on one's perspective. Now if you were Saruman, I might be concerned about your reference.
However, since both Gandalf and Saruman are fictional characters in any case. I'm not too concerned.
I consider it nice me that you would compare me to that "good and powerful wizard, counselor to the hobbit Frodo and his allies, and rival to the evil wizard Saruman."
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