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Your Money or Your Life: Why We Must Abolish the Income Tax

Book by Sheldon Richman · 2 quotes · Income Tax, 16th Amendment, Big Government

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Your Money or Your Life: Why We Must Abolish the Income Tax Quotes

“Tax relief through deductions is very precarious. It is a way for the government to let you keep a little cash without conceding that it is your money. Tax deductions can be taken away. . . "An income tax deduction is a matter of legislative grace," the U.S. Supreme Court said in 1943. In other words, all income belongs to the state. If it allows you to use some of it for purposes it chooses, be grateful. But don't think it is yours as a matter of right. That is where the Sixteenth Amendment to the U. S. Constitution has delivered us.”

LibertarianismIncome TaxPrivate Property16th AmendmentTax Deductions
Book:Your Money or Your Life: Why We Must Abolish the Income Tax
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