Constitution Study Radio: Lesson 23 - Income Tax and the Federal Reserve

Through the Constitution with Douglas V. Gibbs

The 16th Amendment established an allowance for Congress to enact direct taxation. The same year the Federal Reserve Act went into action. The Progressive Era gained full steam in 1913, followed shortly after by the 17th Amendment. Direct taxation was never supposed to be enacted, and it was a political game connected to the Bailey Bill that created the environment needed to "soak the rich." As for the Federal Reserve Act, the democrats split the republican vote to achieve their dream of private international bankers issuing, and manipulating, American currency. The more things change, the more they stay the same.

Join Douglas V. Gibbs of Political Pistachio as he journeys through the United States Constitution. We study the concepts, principles, and direct text of the U.S. Constitution from the original point of view of the Founding Fathers.

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