Among
all the great stories and conversations passed down from the ages, probably my
favorite is one from the ancient historian Lucius Cassius Dio about Roman
emperor Caracalla.
Caracalla ruled in the second century AD, and he was notorious for bankrupting the Roman treasury and waging costly, unnecessary wars.
Dio tells us that Caracalla made "one excuse after another and one war after another; but he made it his business to strip, despoil, and grind down all the rest of mankind."
Under Caracalla, Rome was broke. And Dio recounts a story between the emperor and his mother Julia:
Julia to the emperor: "There is no longer any source of revenue, either just or unjust, left to us."
The emperor replied, pointing to his sword, "Be of good cheer, mother: for as long as we have this [the sword], we shall not run short of money."
Caracalla's words summed up Roman tax policy at the time. It is perhaps not too far from modern tax policy either.
Today is tax day in the Land of the Free-- the deadline for roughly 150 million individual tax returns to be filed.
Of course, those who refuse will be hauled off to prison at the point of a gun (we've advanced beyond swords). And everybody knows it.
The IRS is legendary in this respect. Those three simple letters inspire fear, dread, and panic across the world.
The IRS "brand" is probably almost as famous as Coca Cola... but for all the wrong reasons.
It seems completely incongruent for a nation that is supposed to stand for the ideals of freedom and justice to be world famous for its medieval prosecution of tax policy.
And there's one clear example that I want to tell you about today.
If you are a US taxpayer with foreign financial accounts (such as a bank, brokerage, or potentially even a gold storage account overseas), there's a fairly new disclosure form that you must file to the IRS today along with your 1040.
It's called form 8938. And if you've never heard about it, I definitely recommend you speak to your tax advisor pronto.
Like all of these other tax forms, they threaten you with all sorts of fees, interest, penalties, and of course, jail time.
(The US is one of the only civilized countries in the world where taxation creates criminal liability. Again, totally incongruent.)
What's interesting about this is that it's possible there could be certain instances and certain places in the world where the local privacy laws could make it illegal to disclose this information to the IRS.
But the US government doesn't care.
And on page 7 of the instructions for form 8938, they say that even if "a foreign jurisdiction would impose a civil or criminal penalty on you if you disclose the required information," then they still expect you to file the form.
File the form and go to jail. Don't file the form and go to jail.
Is this really what a 'free society' puts its citizens through?
Caracalla ruled in the second century AD, and he was notorious for bankrupting the Roman treasury and waging costly, unnecessary wars.
Dio tells us that Caracalla made "one excuse after another and one war after another; but he made it his business to strip, despoil, and grind down all the rest of mankind."
Under Caracalla, Rome was broke. And Dio recounts a story between the emperor and his mother Julia:
Julia to the emperor: "There is no longer any source of revenue, either just or unjust, left to us."
The emperor replied, pointing to his sword, "Be of good cheer, mother: for as long as we have this [the sword], we shall not run short of money."
Caracalla's words summed up Roman tax policy at the time. It is perhaps not too far from modern tax policy either.
Today is tax day in the Land of the Free-- the deadline for roughly 150 million individual tax returns to be filed.
Of course, those who refuse will be hauled off to prison at the point of a gun (we've advanced beyond swords). And everybody knows it.
The IRS is legendary in this respect. Those three simple letters inspire fear, dread, and panic across the world.
The IRS "brand" is probably almost as famous as Coca Cola... but for all the wrong reasons.
It seems completely incongruent for a nation that is supposed to stand for the ideals of freedom and justice to be world famous for its medieval prosecution of tax policy.
And there's one clear example that I want to tell you about today.
If you are a US taxpayer with foreign financial accounts (such as a bank, brokerage, or potentially even a gold storage account overseas), there's a fairly new disclosure form that you must file to the IRS today along with your 1040.
It's called form 8938. And if you've never heard about it, I definitely recommend you speak to your tax advisor pronto.
Like all of these other tax forms, they threaten you with all sorts of fees, interest, penalties, and of course, jail time.
(The US is one of the only civilized countries in the world where taxation creates criminal liability. Again, totally incongruent.)
What's interesting about this is that it's possible there could be certain instances and certain places in the world where the local privacy laws could make it illegal to disclose this information to the IRS.
But the US government doesn't care.
And on page 7 of the instructions for form 8938, they say that even if "a foreign jurisdiction would impose a civil or criminal penalty on you if you disclose the required information," then they still expect you to file the form.
File the form and go to jail. Don't file the form and go to jail.
Is this really what a 'free society' puts its citizens through?
3 comments:
Sounds like you need to study 'Crackin the Code' by Pete Hendricks and all the information on the Lost Horizons website. The IRS has refunded millions of dollars who speak to them correctly. See:
http://losthorizons.com/
"The Great IRS Hoax: Why We Don't Owe Income Tax is a an amazing documentary that exposes the deception that misguided or malicious "public servants" have foisted upon us all these years:
"That we are liable for IRC Subtitle A income tax as American Nationals domiciled in the 50 states of the Union with earnings from within the 50 states of the Union that does not originate from the government and is not connected with the "trade or business" franchise."
Through a detailed and very thorough analysis of both enacted law and IRS behavior unrefuted by any of the 100,000 people who have downloaded the book, including present and former (after they learn the truth!) employees of the Treasury and IRS, The Great IRS Hoax reveals why Subtitle A of the Internal Revenue Code is private law/special law that one only becomes subject to by consensually engaging in an excise taxable activity called a "trade or business", which is a defined as a "public office" in the U.S. government. It proves using the government's own statutes and publications and court rulings that for everyone domiciled in states of the Union who has not availed themselves of this excise taxable franchise/privilege of federal office, Subtitle A of the I.R.C. creates no force of obligation upon them to pay an income tax to the federal government. The book also explains how Social Security is the de facto mechanism by which "taxpayers" are recruited, and that the program is illegally administered and misrepresented in order to illegally expand federal jurisdiction into the states using private law."
http://famguardian.org/Publications/GreatIRSHoax/GreatIRSHoax.htm
U.C.C. 2013032035
.....what is this......?
IF THE 'CORPORATE' ENTITY IS FORECLOSED....
WHAT GRANTS / GIVES THIS 'STANDING'....
WHO AUTHORIZES...IT ....?
.....you do.....and will you continue to / too.....?
hold the vibe.....love, Ed
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