Example : For simplicity we will here presume that the nation is just starting out and that there is no money in existence. The process will hence proceed as follows :

1. Government wants to have 1 billion dollars in circulation to aid commerce within the nation.
2. Government issues 1 billion dollars into circulation to both aid commerce and to pay for government activities.
3. Government is funded by monies received via indirect taxes.
4. Government owes no money, either interest or principle, to any private interest as a result of this process.
5. No " direct " taxes ( such as a income tax ) are either needed nor imposed for either the functioning of government or to pay t...

Example : For simplicity we will here presume that the nation is just starting out and that there is no money in existence. The process will hence proceed as follows :

1. Government wants to have 1 billion dollars in circulation to aid commerce within the nation.
2. Government issues 1 billion dollars into circulation to both aid commerce and to pay for government activities.
3. Government is funded by monies received via indirect taxes.
4. Government owes no money, either interest or principle, to any private interest as a result of this process.
5. No " direct " taxes ( such as a income tax ) are either needed nor imposed for either the functioning of government or to pay the principle or interest of any loan to any private corporation.
6. FACTS : Under Principle 1 our nation grew to be the greatest nation in the world ( most powerful and wealthiest ) WITHOUT a income tax.
7. So much revenue was produced by Principle 1 to run the government that the legislators in Washington literally didn't know how to spend it all and had regular surpluses in government funding.

For the mass majority of the history of the nation THERE WAS NO INCOME TAX.