Corporations, or strawmen, exchange commercial paper, such as promissory notes, by banking law.
The "Federal Reserve" creatures-from-Jekyll-island had a big stake in the Fed Act.
Rothschilds' wanted control over a Nation's lawful money supply, so that they could lien everything for their benefit (a.k.a. taxation), via Fed Act.
The taxman has jurisdiction because a lien exists. The role of the I.R.S. is obvious with a "Notice of Lien," since they're only interested in liened private credit from the Fed that you hold as unredeemed notes. Fortunately, they cannot dispute lawful money, or they'd spill the beans.
The redemption clause by restricted endorsement of all items for deposit is the only way out of the legal matrix and into the lawful private common law side.
Legislation is how they installed this current banking system, and for every other bankrupted country. Libya recently went bankrupt by this Western influence.
Of course it's not taught in school...
Theft is theft, whether it is done by a thug on the street, by a mob of people with pitchforks and torches, or by a mob of politicians with a stack of verbiage-on-paper. Therefore, objectively, taxation is theft.
Let the government charge for services it provides to earn its money (and put control of the money supply back in the hands of Congress, where it rightfully belongs, rather than in the hands of a secretive, largely unaccountable and privately-owned business), and most of the problems go away. The government should have no lien against the sweat and toil of the people, given that the government provides precious little in the way of value for the money taken by force of government (up to and including at the barrel of a gun, making it de facto theft).
Do away with the welfare system and return it to being the local society's (usually the church's, but not necessarily restricted to that) responsibility to take care of their own and we not only get rid of a massive waste and a magnet for every moocher in the world, but we have better social cohesiveness, less loneliness, more people with an incentive to work, less need to patrol the border for illegals, fewer mental issues and fewer people acting out violently.
Of course, the democrats, as part of their ideology, reject religion, so they must replace the social fabric of a church with the faux-fabric of 'government as god'. And from this, they raise up 'priests' who must not be questioned under penalty of personal and professional destruction ala witch trials... hence we get such debacles as CAGW, a wholly money-driven and political-power-driven attempt at instituting global governance of the same variety as the big-government the liberals (socialists all) want for our Federal government, only much larger, much more menacing and much more able (and likely) to infringe upon personal rights and freedoms. In order to do this, though, they must disarm the populace, hence the liberal's constant attack against the 2nd Amendment.
How anyone not in on the scam can be induced to go along with it is beyond me... there truly are "useful idiots" in the world.
Have you read any of Rand's work?