Purpose: Shift tax burden from PAYCHECKS to PROFITS
Method: Raise reporting "threshold"
The "threshold" is where you start paying income tax (2011 "1040 Instructions", p8)
2011 "threshold" was $10,000, with avg yearly pay @ $45,000
When 16th Amendment/"income tax" began, "threshold" was $5,000, with avg. yearly pay @ $345
Today's "threshold" is way too low:
Original: $5,000/$345=14.5X
Today: $10,000/$45,000=0.22X
That's 66X lower than it should be! (14.5/0.22=65.9)
Today's "threshold" should be $652,500 (=$45,000*14.5)
A minimum income "threshold" of $652,500 is the Congressional intent for the "income tax", which is:
SHIFTING THE TAX BURDEN OFF WORKING-CLASS "PAYCHECKS" ONTO "PROFITS" OF THE RICH.
We must also return to gold and silver currency to prevent "crashing the dollar"