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Dispelling myth's

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  • lg900df@rock.com
     Question: I went to a seminar and the speaker rocked the room when he said he had proof the IRS was a Puerto Rico sham corporation!! 
    Message 1 of 1 , May 7, 2012

       Question: I went to a seminar and the speaker rocked the room when he said he had proof the IRS was a Puerto Rico sham corporation!! 


      He said the IRS is a Corporation registered in Puerto Rico; neither the Federal Reserve Bank System nor the IRS are agencies of the United States Government, they are Private Corporations. Is it true?


      A lot of these myths can be dispensed with.


      For example…here is a related one…”The IRS is a registered corp. in Delaware”.


      Ok…let’s look:





      So what did you see? Some accountants being clever wanted to name a business after whom they file returns for. BIG DEAL.


      Ok…here is another one . “A court case identifies a Secretary of the Treasury and he’s NOT the same Washington dude…so all taxes are paid to THAT Puerto Rico Secretary of the Treasury, hence the IRS is there in Puerto Rico.”

      And here indeed is the court case.




      What did you see? Yep… a secretary of the treasury by a HISPANIC name.

      Well no DUH…its Puerto Rico. Here he is again.





      Look who signs this:…yep…a Puerto Rico Secretary of the treasury.



      Myth source:




      Anyone can look here for the IRS and see if they find it as a corporation in Puerto Rico. Good luck.





      Another myth propagated is “This case abolished common law”:



      Here is what it actually says:

      Except in matters governed by the Federal Constitution or by acts of Congress, the law to be applied in any case is the law of the state. And whether the law of the state shall be declared by its Legislature in a statute or by its highest court in a decision is not a matter of federal concern. There is no federal general common law. 


      But law in the sense in which courts speak of it today does not exist without some definite authority behind it. The common law so far as it is enforced in a State, whether called common law or not, is not the common law generally but the law of that State existing by the authority of that State without regard to what it may have been in England or anywhere else. ...

      'The authority and only authority is the State, and if that be so, the voice adopted by the State as its own (whether it be of its Legislature or of its Supreme Court) should utter the last word.'




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