Did you know income tax only pays for the interest on our debt to the private fed res bank.?

Not true. That particular conspiracy theory is based upon a MISREADING of the Grace Commission report. What the Grace Commission actually stated was that 1/3 of income taxes went to interest on the debt, another 1/3 was wasted through government bureaucracy, and the final 1/3 was not collected or was lost to tax cheating. Nowhere did the Grace Commission make the claim that all income taxes went to the Federal Reserve.

The Federal Reserve has a complicated structure that confuses many people. The structure can be understood by an accurate reading of the law that governs it. See my answer at http://answers.yahoo.com/question/index;...

As for McFadden, explain why he did nothing about the Federal Reserve while he was Chairman of the Committee on Banking and Currency. http://publiceye.org/conspire/flaher... and http://en.wikipedia.org/wiki/Louis_Thoma...

As for the income tax, the authority for an income tax comes from Article 1, Section 8, Clause 1. The first income tax law in the U.S. was passed in 1862. In 1865, a lawyer named William Springer protested the seizure of his land for payment of taxes. He took his case all the way to the Supreme Court. In Springer v. U.S., 102 U.S. 586 (1880), the Supreme Court decided that an income tax was an excise or duty and not a direct tax that needed apportionment. That income tax law was allowed to expire in 1872. In 1894, Congress enacted another income tax law. This time, in two separate decisions, the Supreme Court determined that a tax on income from personal property (i.e. rental income) and a few other sources of income were the same as a tax on the property itself and therefore a direct tax. However, the court did specifically mention that a tax on income from wages was previously held to be a constitutional duty or excise. See Pollock v. Farmer's Loan, 157 U.S. 429 (1894) and Pollock v. Farmer's Loan, 158 U.S. 601 (1895).
http://bulk.resource.org/courts.gov/c/US/102/102.US.586.html
http://bulk.resource.org/courts.gov/c/US/157/157.US.429.893.html
http://bulk.resource.org/courts.gov/c/US/158/158.US.601.893.894.html

As for who should do more research, you need to learn where to get reliable information because you have obviously been reading conspiracy theory nonsense.

Utter conspiracy theorist nonsense.
Any net revenues of the Fed are paid to Treasury - so any interest paid to the Fed is in effect paid to Treasury.
And yes - Jackson fought against the recharter of a central bank - and brought about the worst economic growth period in the US history. The periods in between the charters of the 1st and 2nd bank and the 2nd bank and the Fed are characterized by frequent, long, deep recessions. 50% of that time was spent in recession.

There is absolutely nothing fraudulent about the ratification of the 16th amendment. Knox proclaimed the amendment was ratifed by three fourths of the states - because it was. Delaware became the 36th state to ratify it on Feb 3 1913.

It is common to fear what we don't understand - but the answer is not to believe these lies that stoke that fear - rather educate yourself and try to understand.

Interesting story, but not true.
The interest paid on the national debt last fiscal year was about 230 billion dollars. Income tax received was around 1 and a half trillion dollars.
Not a single one of the twelve Federal Reserve Banks is owned by international bankers.
The 16th Amendment was properly ratified and Income tax is quite legitimate.
No, you can't simply print money to pay off all debts, as that would lead to hyperinflation.

the fed sux. True. But jackson had plans for His Own central bank to replace the one he was attacking. And he was the guy who did the worst to native americans. He was no saint.

Cool story, bro.

Actually, the federal reserve is an income producer, thanks to the interest on loan repayments to the central banks.

i did know that but most dont know and most dont care