Quote:
Originally Posted by RN7
8) The IRS is created to collect the taxes which are used for the debt repayments. The IRS pays the income tax to the IMF which pays it to the British Crown.
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They know that that IRS was not created till 1862 right?
The IRS was created when the tempoary measure of income tax was brought in to help pay for the civil war. Before this US taxes were collected as excise taxes on the importation of goods (see the Tariff Act of 1789). Income tax was made a perment fixture as was the Congress`s power to pass tax laws with the rafication of the the 16 amendment in 1913.
Also the IMF was not founded till 1944, this statement also fails to meation the Anglo-American Loan Agreement which was made in 1946 and paid in full in 2006.