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#22
posted to rec.boats.cruising
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"Dave" wrote in message ... On Sat, 27 Jan 2007 10:28:39 -0600, "KLC Lewis" said: The "Income Tax" is not levied upon "Income," it is levied upon "Gross Income." Prof. Griswold, the author of one of the classic treatises on the federal income tax used to start his first day of class with the following advice: "Before you sit down and think great thoughts, read the Code. Then read the regulations. Then read the cases. Then if you haven't found the answer you can sit down and think great thoughts." Note that he didn't mention some lunatic's blog (well, in fairness when I sat through his class there were no such things as blogs). Before pontificating based on some lunatic's blog, I suggest you read Section 1 of the Internal Revenue Code. Then read Section 63, and finally Section 61. Then maybe, just maybe, you can tell us what the income tax is levied on. Actually, no. I've been studying the Income Tax for over ten years, as a Citizen layperson, and still cannot find any definition, in that code, of the word "Income." They have power on their side, so I pay the taxes. But I still agree with the "tax protesters" on a fair number of their arguments. Compare this issue to that of "Marriage." There is currently a flurry of activity in the various State legislatures, modifying their laws so that "Marriage" is defined as "...the Union between One Man and One Woman." Why? Because without the word "Marriage" being defined, the courts are rightly ruling that to deny marriage to Gays is unconstitutional (for that matter, denying it to Gays will be unconstitutional anyway, but I digress...). When ambiguity exists, it is incumbent that the words being used are precisely defined. This ambiguity is made apparent by the definition of the phrase "Gross Income," but not the word, "Income." All of my research into this area shows that the only entities originally intended to be considered as having "Income" were corporations -- not individuals. Karin |