Dr. Jerome R. Corsi
Movement Expected to Gain Momentum in 2011
Dr. Jerome R. Corsi, Ph.D. - Next year, 2011, may well be the year in which a movement to abolish the Internal Revenue Service and eliminate the income tax can move forward vigorously.
The United States has reached a point where half of all Americans no longer pay income tax.
In 2009, roughly 47 percent of all U.S. households, roughly 71 million households, will not owe any federal income tax, according to estimates by the www.taxpolicycenter.org/index.cfm Tax Policy Center, money.cnn.com/2009/09/30/pf/taxes/who_pays_taxes/?postversion=2009093012 as reported by CNN.
The top 10 percent of earners - households making an average of $326,400 in 2006, pay approximately 73 percent of the income tax collected by the federal government, www.usatoday.com/money/perfi/taxes/2010-04-07-income-taxes_N.htm according to an Associated Press report.
Meanwhile, the bottom 40 percent end up making a profit from the federal government, because they get more money in tax credits than they owe in taxes, with the result that the government sends them a check at tax time.
The vast majority of the households that pay no federal income tax, 63.5 million households in total, fall into the category of making under $50,000 a year.
Moreover, almost 20 percent of all U.S. households will get tax "refunds," in the form of earned income tax credits, even though they have paid no income tax in the first place.
When all income taxes are paid by half of all U.S. households, the pressure to expand social welfare entitlement payments to the half of all households that pay no income tax will be overwhelming, to the point of pushing the United States further into bankruptcy.
In 2011, the Tea Party movement will continue to grow, as middle-class Americans increasingly say "No" to a redistribution of what little remains of dwindling family income in economic times unlikely to ease under current Obama administration economic policies.
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With near parity between the number of households that pay income tax and those that pay no income tax, President Obama's continued theme of "tax the rich" threatens class warfare in an environment where Tea Party tax protests are certain to increase.Even more importantly, there is no basis in the Constitution that provides for an income tax and, as such, the income tax is unconstitutional and should be abolished.
Throughout the coming year, 1776 Nation is going to lead a movement to eliminate the income tax, beginning with a resolve to review critically the various alternatives, starting with a fair tax.
Dr. Jerome Corsi - The call to "Eliminate the Income Tax Now!" is the call 1776 Nation will champion, beginning today, with this statement of purpose.
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