By Sam Jacobs, includes “… Complying with the byzantine U.S. tax code is estimated to cost the American economy hundreds of billions of dollars annually … Worse still, this tax has become a political weapon for Washington to incentivize certain activities (home ownership, charitable giving, etc.) and to punish others. … Read on to learn the history of the 16th Amendment – which authorized the federal collection of an income tax – and how that power has ultimately meant the growth of Washington at the expense of just about everyone else.”
Read the full article on: The Daily Bell