Wednesday, July 18, 2012

earnings Tax Act - This is the Law That is Passed to turn the Existing Tax Laws

#1. earnings Tax Act - This is the Law That is Passed to turn the Existing Tax Laws
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earnings Tax Act - This is the Law That is Passed to turn the Existing Tax Laws

There have been many dissimilar income tax act that become law ever few years. Each one adding to the 16th amendment what was supposedly ratified by ¾ of the states back in 1913. Since there were 48 states in the union at that time, 36 of those states must have ratified this amendment before it could become law. It was announced by then Secretary of State, Philander Knox, that 38 states did ratify this amendment in February of 1913.

earnings Tax Act - This is the Law That is Passed to turn the Existing Tax Laws

In 1984, Bill Benson started to look into this ratification process and found some imaginable results. The state of Kentucky voted down this part by a 22 to 9 vote against its ratification, but they are on the list of states that ratified this amendment. The state of California never recorded a vote on this amendment so no ratification could have happened. The state of Minnesota never received any information from Washington Dc about ratifying this amendment so no vote occurred again. Then, the state of Oklahoma precisely changed the wording of the amendment to preclude the federal government from instituting a federal income tax. This leaves only 34 of the required 36 states that needed to ratify this amendment so it could become law.

32 other states made changes to the amendment like Oklahoma did. The problem was that the states did not nor do they now have the power to change any amendment that is sent to them, just a yes or no is permitted.

That leaves only 2 states that precisely ratified the 16th amendment so that any hereafter income tax act would be based on as invalid. But the Us government will do as they want and if you do not pay your income taxes each year, you could end up in prison.

Of course, the above is not legal or accounting guidance -- it is for informational purposes only. Before manufacture any decisions regarding legal or tax matters, it is vital that you consult a licensed professional lawyer or tax accountant.

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