Determined to find the law that requires American citizens to pay income tax, producer Aaron Russo set out on a journey to find the evidence. The film exposes the systematic erosion of civil liberties in America since 1913 when the Federal Reserve system was fraudulently created. Through interviews with U.S. Congressmen, former IRS and FBI agents and tax attorneys and authors, Russo connects the dots between money creation, federal income tax, and the national identity card, showing that America is moving towards a fascist police state.