The Schiff Report - 6/28/2012 Two wrongs do not make a right. The fine for not buying health insurance is not a tax, its a penalty. And even if it is a tax, its unconstitutional anyway, as its a direct tax that must be apportioned. The Supreme Court is wrong twice. Note on the Income Tax. The Supreme Court in the Pollock case struck down the Income Tax taxes because it was an unapportioned direct tax, as it taxed wages and rents, which amounted to direct taxes on land and labor. After the 16th amendment was passed, the court in Burshaber ruled that the Income Tax, to be consistent with Pollock (a descison the court said it was in no way changing), must be imposed not as direct tax, but as an indirect, excise tax. According to the court, that meant separating income from its source. So for example, neither wages nor rents would be taxable, only the income derived from wages and rents, once both were first separated from their source, such as labor or land. The only way to do that is through a corporate balance sheet, so according to the Supreme Court, the only income that congress may tax indirectly, without apportionment is corporate income. Taxes on personal income, such as wages or rents are direct taxes, and must be apportioned, which is why the present personal income tax is voluntary. A mandatory personal income tax would violate the apportionment provision of the U.S Constitution, as confirmed by the Supreme Court in both Pollock and Burshaber. Of course, if you do not volunteer, you go to jail, which is why the current income tax is being enforced unconstitutionally. Listen to The Peter Schiff Show Weekdays LIVE and FREE on http://www.SchiffRadio.com Follow me on Twitter @SchiffRadio Friend me on http://www.Facebook.com/PeterSchiff Buy my new book at http://www.tinyurl.com/RealCrash ... https://www.youtube.com/watch?v=NNCyEC9r_mk

OAN's REAL AMERICA -- Dan Ball W/ Peter Schiff Recorded 11/8/23 ? Join my Locals community to get The Peter Schiff Show ad-free! Plus get access to special live reports and Q&As. Visit https://schiffradio.com/premium/ to become a member. ? Invest like me: https://schiffradio.com/invest ? Book Store: https://schiffradio.com/books/ ? Follow Peter Schiff on Twitter: http://www.twitter.com/peterschiff ? Follow Peter Schiff on Instagram: https://instagram.com/peterschiff ? Follow Peter Schiff on TikTok: https://www.tiktok.com/@peterschiffofficial ? Follow Peter Schiff on Facebook: http://www.facebook.com/peterschiff #uaw #union #strike ... https://www.youtube.com/watch?v=bZM8FzmGL1U

The Peter Schiff Show Podcast - Episode 206 Sign up for my free newsletter: http://www.europac.net/subscribe_free_reports Peter Schiff Gold News: http://www.SchiffGold.com/news Buy my newest book at http://www.tinyurl.com/RealCrash Friend me on http://www.Facebook.com/PeterSchiff Follow me on http://www.Twitter.com/PeterSchiff ... https://www.youtube.com/watch?v=HcMK541jHDA

Peter Schiff on Fox Business (2/18/13) Listen to the Peter Schiff Show Weekdays 10am to noon ET on http://www.SchiffRadio.com Buy my newest book at http://www.tinyurl.com/RealCrash Friend me on http://www.Facebook.com Follow me on http://www.twitter.com/PeterSchiff ... https://www.youtube.com/watch?v=DbDAH369bKQ