![Taxation is theft. Capitalism works [480x475 - 391KB]](https://pic8.co/sh/IOxSfR.png){kind=link}
The 16th Amendment, which gave Congress the power to levy an income tax, became part of the Constitution in 1913; in October of that year, a new income tax law introduced a graduated tax system, with rates starting at 1 percent and rising to 7 percent for taxpayers with income above $500,000.
What else happened in 1913? The creation of the Federal Reserve Bank.
Your income tax is primarily used to pay the interest on the money that the "Federal" Reserve Bank conjures into existence out of thin air.
> The 16th Amendment, which gave Congress the power to levy an income tax, became part of the Constitution in 1913; in October of that year, a new income tax law introduced a graduated tax system, with rates starting at 1 percent and rising to 7 percent for taxpayers with income above $500,000.
What else happened in 1913? The creation of the Federal Reserve Bank.
Your income tax is primarily used to pay the interest on the money that the "Federal" Reserve Bank conjures into existence out of thin air.
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