STATE TAXATION
Actually this part is easy. Title 18 USC § 8 and Title 12 USC § 411 both state that “Federal Reserve Notes are United States
obligations”:
18 U.S.C. § 8. Obligation or other security of the United States defined.
The term ''obligation or other security of the United States'' includes all bonds,
certificates of indebtedness, national bank currency, Federal Reserve notes, Federal Reserve bank notes,
coupons, United States notes, Treasury notes, gold certificates,
silver certificates, fractional notes, certificates of deposit, bills, checks, or drafts for money, drawn by or upon authorized
officers of the United States, stamps and other representatives of value, of whatever denomination, issued under any Act of
Congress, and canceled United States stamps.
18 USC 8
12 U.S.C. § 411. Issuance to reserve banks; nature of obligation; redemption.
Federal reserve notes, to be issued at the discretion of the Board of Governors of the Federal Reserve
System for the purpose of making advances to Federal reserve banks through the Federal reserve agents as hereinafter set forth
and for no other
purpose, are authorized. The said notes shall be obligations of the United States and shall be receivable
by all national and member banks and Federal reserve banks and for all taxes, customs, and other public dues. They shall be
redeemed in lawful money
on demand at the Treasury Department of the United States, in the city of Washington, District of Columbia, or at any Federal
Reserve bank.
12 USC 411
And Title 31 USC § 3121 states:
31 U.S.C. § 3124. Exemption from taxation
(a) Stocks and obligations of the United States Government are exempt from taxation by
a State or political subdivision of a State. The exemption applies to each form of taxation that
would require the obligation, the interest on the obligation, or both, to be considered in
computing a tax, except -
(1) a nondiscriminatory franchise tax or another nonproperty tax instead of a franchise
tax, imposed on a corporation; and
(2) an estate or inheritance tax. (emphasis added)
31 USC 3124
Now, unless you got paid in gold or silver coin, you were paid with some form of Federal Reserve Notes ?
This is because there are only two forms of legal tender in the U.S. - gold & silver under the
Constitution, and Federal
Reserve notes under the Federal Reserve Act of Congress (1913). If you were not paid in gold & silver, then you were paid in
Federal Reserve notes- obligations
of the United States. So how can your State tax those Federal obligations (notes) ?
You see, the truth is, the Federal Reserve Bank was not only designed to undermine the sovereignty of the
federal government by making it directly beholden to the "Banksters" (instead of the people) for "money" (thus utterly destroying
the representative nature of that government), it was also designed to undermine
the sovereignty of the State governments by destroying their power to tax within their own jurisdiction.
By allowing all of the lawful "money" (gold and silver coin) to be replaced
with non-taxable (at least, to the States)
Federal Obligations (evidence of federal debt - Federal Reserve Notes (FRN)), the states have completely and entirely
given up and lost their power to tax anything in the state except real estate and corporations.
At least according to the laws documented here.
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