A VERY BRIEF HISTORY OF TAXATION IN AMERICA

Jon Alternative Media, Blogosphere, Economy, Fiscal Policies, Government, Real Estate

‘100% of what is collected is absorbed solely by interest on the Federal Debt … all individual income tax revenues are gone before one nickel is spent on the services taxpayers expect from government.’ ~The Grace Commission Report, 1984
As April 15 nears…thought you would find this research on taxation in America timely if not interesting.
No one living before the Constitution of 1787 could have believed the seven ways to Sunday Americans are now taxed. Under the Declaration of Independence and the first American constitution of 1777, The Articles of Confederation and Perpetual Union, association among the confederate states and a state’s interaction with federal authorities was 100% voluntary.
Though paying taxes was a voluntary act, the federal legislature (never referred to as government), did have legitimate operating expenses, and depended on property taxes collected from and given by the states voluntarily in varying amounts. It was this inconsistent funding that historians thereafter have considered the deal-breaker issue for what has been called the ‘failure’ of this first American union.

This post was published at The Daily Sheeple on MARCH 28, 2016.