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It was established when we adopted our 3rd central bank called the Federal Reserve. Since each dollar put into circulation is actually borrowed from the Federal Reserve with interest due, the Income tax is a way for the everyday person to pay for privilege of that fiat currency.
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[–] Vladimir_Komarov 0 points 1 point 1 point (+1|-0) ago
It was established when we adopted our 3rd central bank called the Federal Reserve. Since each dollar put into circulation is actually borrowed from the Federal Reserve with interest due, the Income tax is a way for the everyday person to pay for privilege of that fiat currency.