History Brief: the Income Tax and the Federal Reserve

This video gives a brief description of Woodrow Wilson's role in creating the Federal Reserve and why the United States needed to adopt an income tax.
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[@accent77]

It is awing how much damage Woodrow Wilson did to America.

[@cutty02]

Im surprised you didnt mention his regret for creating the FED

[@29kalel]

This video forgot to mention that the federal reserve bill was never ratified and Wilson signed the federal reserve act after he was guaranteed a re-election and then regretted turning the country’s money over to a private bank

[@MomentsInTrading]

I used to practice that cello prelude by Bach on my electric bass.

[@DailyDoseDocumentary]

Oh so HE'S responsible for my tax bill :)

[@DailyDoseDocumentary]

I wonder if today tariffs could compete with income tax for revenue given our level of import?

[@justmepraying]

Yelp and if I'm not mistaken he was a Democrat

[@justmepraying]

@@DailyDoseDocumentary that's what Trump was trying to do

[@sammyg.8532]

Does this mean that ordinary working citizens are responsible for providing the government with funds?

[@cutty02]

yes it does

[@understandingoptional]

@@cutty02 are you sure they don’t just type some zeros into a computer and give themselves more money, and chuck into an “IOU” file?

[@cutty02]

@@understandingoptional that's exactly what they do but they also pay "interest" on the imaginary money.

[@understandingoptional]

@@cutty02 “interest” - like, it’s “interesting”… how people in masses just roll over for the few… seems to have been a problem throughout history and even up until today.

[@MrE073]

The fed and irs creation are the biggest crime against the american people ever.

[@richardgray2935]

#1 The 16th amendment was not properly ratified.
#2 According the Grace commission, 100% of federal income tax goes to pay interest to the Federal Reserve for loans the government takes out.

[@juanleyva1289]

Great video

[@readingthroughhistor]

Thank you.