Jul 172012
 

The Schiff Report – 6/28/2012 Two wrongs do not make a right. The fine for not buying health insurance is not a tax, its a penalty. And even if it is a tax, its unconstitutional anyway, as its a direct tax that must be apportioned. The Supreme Court is wrong twice. Note on the Income Tax. The Supreme Court in the Pollock case struck down the Income Tax taxes because it was an unapportioned direct tax, as it taxed wages and rents, which amounted to direct taxes on land and labor. After the 16th amendment was passed, the court in Burshaber ruled that the Income Tax, to be consistent with Pollock (a descison the court said it was in no way changing), must be imposed not as direct tax, but as an indirect, excise tax. According to the court, that meant separating income from its source. So for example, neither wages nor rents would be taxable, only the income derived from wages and rents, once both were first separated from their source, such as labor or land. The only way to do that is through a corporate balance sheet, so according to the Supreme Court, the only income that congress may tax indirectly, without apportionment is corporate income. Taxes on personal income, such as wages or rents are direct taxes, and must be apportioned, which is why the present personal income tax is voluntary. A mandatory personal income tax would violate the apportionment provision of the US Constitution, as confirmed by the Supreme Court in both Pollock and Burshaber. Of course, if you do

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Original post: The Supreme Court is wrong: ObamaCare is UNCONSTITUTIONAL

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May 282012
 

www.sh1ny.com. Peter Schiff at his best on 04-23-2012. For LIVE gold price visit http

http://www.youtube.com/v/iif7Porm6l0?version=3&f=videos&app=youtube_gdata

Read more here: Peter Schiff lectures Socialist Obama on 04-23-2012

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May 312010
 

YES WE CAN! REAL HOPE FOR AMERICA! campaignforliberty.com