The following is from Chapter 17 of the book.FRB: Federal Reserve Bank
FRN: Federal Reserve Notes (the Dollar notes)
The link does not appear to work any moreTAXES
"Bank paper must be suppressed, and the circulating medium must be restored to the nation to whom it belongs….the American People ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around (the banks), will deprive the people of their properly until their children will wake up homeless on the continent their fathers conquered." (Thomas Jefferson. 3 U.S. President)
The Congressional Research Service (CRS) updated a report on May 7,2001. by legislative attorney John Lucky. (
http://www.givemeliberty.org/NoRedress/HistoricalDocs/AAA--CRS-FAQ-Rebuttal.pdf)). It's called Frequently asked Questions about the Federal Income Tax.. We present one section only, which we have discussed earlier. This is to drive it home. Then we pose questions that were not addressed (deliberately?) in the report.
3. What does the court mean when it states that the income tax is in the nature of an excise tax? "An excise tax is a tax levied on the manufacture, sale, or consumption of a commodity or any various taxes on privileges often assessed in the form of a license or fee. In other words, it is a tax on doing something to property or on the privilege of holding some property or doing some act, not a tax on the property itself. The tax is not on the property directly, but rather it is a tax on the transaction.
when a court refers to an income tax as being in the nature of an excise, it is merely stating that the tax is not on the property itself." Now turn to a U.S. Supreme Court case (Flint v. Stone Tracy Co., 220 US 107 (1911))
“Excises are taxes laid upon the manufacture, sale or consumption of commodities within the country, upon licenses to pursue certain occupations, and upon corporate privileges: The CRS summarized court decisions. It tells us that the income tax is in the nature of an excise tax. You see above the definition of excise. we offer this question for which we have not the answer. "if men and women are engaging in commerce, could that be a privilege?”
The FRN is a commodity in international commerce. It is outright owned by a private corporation. we have seen compelling evidence that said corporation is foreign to the United States. Could the activities of the purchase and/or sale of this commodity with your labor be the subject of excise? Could the consumption/transfer of this commodity, and/or their transfer in inheritance or gills be the activities subject to excise? Does the nature of the FRN fit the term “commodity” subject to excise in Flint V. Stone Tracy? Is it possible that we may be buying these FRNs when we are exchanging our labor for them at the end of the work week, and alternately, selling these FRNs for our food. shelter, pleasure. etc.? Would the use of this commodity be deemed a taxable event under excise tax?
Pretend this property (FRNs) were truly yours after you had paid a tax upon receiving it. why then would that property be subject to another tax upon you leaving a large sum of “what is yours” to your children as an inheritance? ln other words, is transacting (transferring) in or with this foreign owned property (FRNs) a commercial activity subjecting you to commercial regulatory (tax and other) laws of the United States? Is use of the FRB’s property (FRNs), which is in international commerce, the act that places you “subject to the jurisdiction thereof?” would that render you a citizen of a corporation (United States) subject to all its rules and regulations? would you be considered in contract with that corporation and subject to Admiralty/Maritime law? would this then eliminate any claim you have to your own labor? would this also eliminate your ties to the law of the land and its solemn Rights?
Consider an answer to one of the most perplexing questions regarding taxes ever. Americans have been bewildered for generations how they can be taxed for bartering, no currency involved. After all, it is an “even” exchange, say a car for a home remodel. So if no gain or profit, how is that transaction legally taxed? Oops, no one knew that the car was liened, as were all the products for remodel. And those bartering didn't know that they were insolvent. in debt to a hidden creditor, and could only contract subject to the creditor's terms and conditions. Could the income tax on barter be a transfer tax on the property that is liened for (property of) the Creditor? A tax similar to the transfer of FRNs (property of the FRB) from one to another? Remember, you not owning anything places a hidden third party to all your transactions you conduct with property of the Creditor. Is the Creditor the real party in interest, the lien holder or “legal” owner, who permits your use (possession) and transactions (transfer) by (taxable) privilege, not by Right?
We close this chapter with this easy to understand analogy. You have a mortgage on your house. The real owner is the creditor until the house is paid off You are allowed to sell it and the next “buyer” can assume the loan for an assumption fee. So, you must inform the creditor and pay him the transfer “fee.” Each subsequent “buyer” must pay the assumption fee. Does this also fit the scheme of the “inheritance” or gift tax? Are you paying a transfer fee (excise tax) for the privilege of transferring the creditor's liened property to your new assignee?
