The Peter Schiff Show (6/29/2012)
Weekdays LIVE and FREE on http://www.SchiffRadio.com
Follow me on Twitter @SchiffRadio
Friend me on http://www.Facebook.com/PeterSchiff
Buy my new book at http://www.tinyurl.com/RealCrash
The Schiff Report – 6/28/2012 Two wrongs do not make a right. The fine for not buying health insurance is not a tax, its a penalty. And even if it is a tax, its unconstitutional anyway, as its a direct tax that must be apportioned. The Supreme Court is wrong twice.
Note on the Income Tax. The Supreme Court in the Pollock case struck down the Income Tax taxes because it was an unapportioned direct tax, as it taxed wages and rents, which amounted to direct taxes on land and labor. After the 16th amendment was passed, the court in Burshaber ruled that the Income Tax, to be consistent with Pollock (a descison the court said it was in no way changing), must be imposed not as direct tax, but as an indirect, excise tax. According to the court, that meant separating income from its source. So for example, neither wages nor rents would be taxable, only the income derived from wages and rents, once both were first separated from their source, such as labor or land. The only way to do that is through a corporate balance sheet, so according to the Supreme Court, the only income that congress may tax indirectly, without apportionment is corporate income. Taxes on personal income, such as wages or rents are direct taxes, and must be apportioned, which is why the present personal income tax is voluntary. A mandatory personal income tax would violate the apportionment provision of the U.S Constitution, as confirmed by the Supreme Court in both Pollock and Burshaber. Of course, if you do not volunteer, you go to jail, which is why the current income tax is being enforced unconstitutionally.
Listen to The Peter Schiff Show Weekdays LIVE and FREE on http://www.SchiffRadio.com
Follow me on Twitter @SchiffRadio
Friend me on http://www.Facebook.com/PeterSchiff
Buy my new book at http://www.tinyurl.com/RealCrash
The Institute for Justice presents a symposium discussing the current need for courts to remain active in preserving individual liberties. IJ’s President, Chip Mellor begins the symposium by discussing the responsibilities of the courts, the objectives of CJE, and introduces the first speaker, Randy Barnett.
Read more about the symposium speakers:
http://ij.org/center-for-judicial-engagement-symposium-bios
Panel 1 of CJE’s Judicial Engagement Symposium. Institute for Justice’s, Elizabeth Price Foley, moderates panel of distinguished Professors, David Bernstein, Kurt Lash and Eric Claeys as they each discuss the role of the Courts in Enforcing Property Rights.
Read more about the symposium speakers:
http://ij.org/center-for-judicial-engagement-symposium-bios
Bestselling author Tom Woods urges Iowa radio host Steve Deace, who has a large evangelical audience, to endorse Ron Paul for president. http://www.TomWoods.com http://www.facebook.com/ThomasEWoods
Newt Gingrich’s dismissal of the Paul Ryan plan and support for the individual healthcare mandate are simply the latest examples of the former House speaker’s long established statism.
Judge Andrew Napolitano joins the conversation on Fox and Friends to explain the procedural outlook for the Supreme Court’s review of Obamacare. Join Campaign for Liberty’s effort to “End the Mandate” at the following link: www.chooseliberty.org
February 10, 2011 – Campaign for Liberty’s opening panel at CPAC 2011 covers the important issues of the day and announces plans for the upcoming year. Dr. Mike Vasovski gives a medical professional’s perspective on the health care overhaul in America, and relays the vision for true health freedom. Sign Campaign for Liberty’s petition to “End the Mandate” at www.chooseliberty.org
Judge Andrew Napolitano joins Shepard Smith on FOX News to discuss today’s ruling by a federal district court judge in Florida that the new health care law is unconstitutional, and that the entire law must be voided. Sign up at www.CampaignForLiberty.com for more updates.
An important announcement from C4L President John Tate on Ron Paul’s bill to End the Insurance Mandate. www.campaignforliberty.com Contact Congress: www.campaignforliberty.com Current cosponsors: Rep Rodney Alexander, [LA-5] Rep John Boozman, [AR-3] Rep John R. Carter, [TX-31] Rep John J. Duncan, Jr., [TN-2] Rep Ralph M. Hall, [TX-4] Rep Peter Hoekstra, [MI-2] Rep Lynn Jenkins, [KS-2] Rep Walter B. Jones, Jr. [NC-3] Rep Doug Lamborn, [CO-5] Rep Tom McClintock, Tom [CA-4] Rep Sue Wilkins Myrick, [NC-9] Rep Bill Posey, [FL-15] Rep Michael K. Simpson, [ID-2] Rep Todd Tiahrt, [KS-4] Rep Don Young, [AK]
