Gas $1.99/gallon!
"KLC Lewis" wrote in message
et...
"Dave" wrote in message
...
On Mon, 29 Jan 2007 00:01:10 -0500, Larry said:
[G]ross income means all income from whatever source derived, including
(but not limited to) the following items:
(1) Compensation for services, including fees, commissions, fringe
benefits, and similar items;
(2) Gross income derived from business;
(3) Gains derived from dealings in property;
(4) Interest;
(5) Rents;
(6) Royalties;
(7) Dividends;"
The point EXACTLY. INCOME has NOTHING TO DO WITH WAGES....
IT DOESN'T SAY WAGES....IT SAYS INCOME FROM PROFITS!
Hate to burst your bubble, Larry, but wages are compensation for
services--the first item mentioned.
Naturally. The lawyers who wrote it didn't include "wages," "labor," or
"salary" for the simple reason that they had never heard those words
before. But they *would* have included them if they had ever heard about
them.
Item #2 is particularly amusing: "Gross income means all income derived
from...Gross income derived from business."
Yeah. Exactly. lol
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