Pay No Taxes legally -End the FED -synopsis page 8-Why are waiting for someone to do it for us like Ron paul

The IRS will not go for this.

JP Morgan said before the Pujo Committee: “Gold is money, everything else is credit”
Think about that for a minute and don't focus on the "gold" part.
I would add that silver is also "money" plus anything minted by the US mint as directed by CONgress is "money". The paper slips in your wallet are nothing more then a claim for the before mentioned items. Unfortunately CONgress stopped minting gold and later silver. However they still mint for general circulation the tokens that jingle in our pockets. The paper slips are still a claim on those items. But where do those paper slips originate from?
The Federal Reserve is the correct answer. The top of those slips say "Federal Reserve Note" It is nothing but bank credit by which you can redeem for the stuff that jingles in your pocket. The Fed as we should all know at this point is a private bank chartered by CONgress.

Now lets take a trip in the wayback machine to 1819. In McCulloch v. Maryland, 17 U.S. 316, the State of Maryland was trying to tax the Federally chartered 2nd bank of the US. The SCOTUS said that a State cannot tax a creation of the federal government. It also said that a federally chartered central bank WAS constitutional.

Now come forward to just after the Civil War. 1869 in Veazie Bank v. Fenno, 75 U.S. 533 the State bank of Veazie was pissed at the federal gov's gigantic tax on currency issued by state chartered banks. The SCOTUS said the tax was justifiable as the state bank was issuing currency essentially in competition with the exclusive federal power to control the money supply under the commerce, coined money, and borrowed money clauses of the US constitution. Article 1 section 8 clause 5 gives CONgress the exclusive authority to "coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures" Anyone else dabbling in this area can be taxed and regulated. Even banks, state or federal who practice fractional reserve banking and emit their own currencies not issued directly by the US Treasury. Enter the Federal Reserve in 1913......and the rest is history.

"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning."

Henry Ford

you have no proof of that, go to the irs website see if they call usc12 sec411 a scam.

still waiting...

Let me know how this works out for you when you are in jail.

You'll have plenty of waiting time

Another cheer leader for the "rule by fear team".

So, I am going to be put in jail for OBEYING the LAW and demanding my right to redeem Federal Reserve Credit for lawful money.

At least you are good for a laugh!! Thank you for your posts!

Just ask Ed and Elaine Brown, Irwin Schiff, Larkin Rose and many others.

Hello rken.

This is DZ.

I don't think it really matters. What matters is did you accept bank credit (aka Federal reserve credit)? Governed by the federal reserve act, a creation of CONgress and as such can be regulated/controlled/taxed including those who benefit from its emissions under the commerce clause.

Central Bank Authority: McCulloch v. Maryland, 17 U.S. 316 (1819), Congresses ability to charter corporations.

Authority to tax bank credit: Veazie Bank v. Fenno, 75 U.S. 533 (1869), Indirect taxing clause, Commerce Clause, Coined money and Borrowed money clause

OR

Did you accept lawful money of the U.S.. Governed by the Constitution Article 1 section 8 clause 2 & 5

Your paycheck is essentially a "bill of credit" if you redeem it for bank credit you engage in a voluntary taxable activity. Bank credit competes with congresses EXCLUSIVE authority to control the monetary system. When you drink from that well you have to play by their rules and taxes. When you drink from the well setup by the Constitution you are protected from the taxes by the direct tax clauses.

Very well put! The endorsement creates the "taxable event" the demand for lawful money/non-endorsement creates not only a non-taxble event, it makes me the creditor and the US Treasury the DEBTOR.

Simply put, every dollar I demand redeemed for my labor, goods and services counts as a DEBT owed to me by the US Treasury.

That is right, THEY OWE ME the money, because I refuse to accept Federal Reserve Credit in return for my labor, goods and services!

Think about the ramifications of that!

nice to here from you DZ. still adrift in the middle east sea.

You guys are dealing with the IRS and it has unlimited funding and power.

You guys are dealing with the IRS and it has unlimited funding and power.

Post doom

i've been reading about redemption for lawful money, i've been depositing money for a while now 'for credit on account or exchanged for lawful.. and all checks redeemed for lawful money, but how do i fill out the 1040 form, do u have an example 1040