The content discusses various aspects of income tax, capital gains tax, and the use of gold as a financial resource. It also mentions the impact of modern monetary theory and the potential consequences of proposed tax changes. Additionally, it touches on the possibility of Texas introducing a gold-backed currency.
Category Archives: income tax
God’s Tax: Equal Protection of the Laws
The biblical concept of stewardship emphasizes tithing, a tenth of one’s increase, to the Lord. This practice circumvented class divisions and ensured equal percentage contributions. Tithing is upheld in the New Testament, and many churches advocate for it to support their operations. The tithe, set at 10%, is seen as the standard for ecclesiastical taxation.
What funded the federal government before the income tax?
In 1913, Amendment XVI was ratified by the states, changing the constitutional funding of the federal government from taxes on goods and services to an individual income tax. Learn the history behind the 16th Amendment from The Constitution Annotated: Amdt16.2 Historical Background on Sixteenth Amendment Before the income tax, taxes on imported goods funded our …
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