The IRS is Not Invincible
Looks like the impenetrable wall of the IRS has been pierced – at least a tiny bit. Tommy Cryer, an attorney from Shreveport, Louisiana, was unanimously found not guilty on two counts of failure to file. I’m not sure I fully understand his argument, but I believe he is claiming that the paycheck he receives is not profit and therefore can not be taxed. Cryer said, “What I earned was my own personal labor. I am giving something in exchange. I’m giving my property and I don’t belong to anyone else.”
Although I have no leanings one way or the other on income tax and its legality, the government needs taxes to sustain itself. If these taxes don’t come from income taxes, they’ll come from some other method of taxation.
Found at Consumerist.com
Originally from Shreveport Times
Bad Credit Payday Cash Advance Makes Circumstances Easy…
With too much of happenings in our life, very often we come across emergency financial crisis. The sudden arise of ends for which we are not well prepared leave us in perplexed state and we seek for some instant cash aid. The challenge becomes harsher …
ACTUALLY the Grace Commission Report that Reagan, er, commissioned in 1984, found that none of the money from income taxes goes towards government spending. IF you actually do the research, all the money the government spends comes from other forms of taxation; the income tax is used to pay the interest owed by the Federal Government to the Federal Reserve. The following is just right from Wikipedia:
The Report said that one-third of all income taxes is consumed by waste and inefficiency in the Federal Government, and another one-third escapes collection due to the underground economy. “With two-thirds of everyone’s personal income taxes wasted or not collected, 100 percent of what is collected is absorbed solely by interest on the Federal debt and by Federal Government contributions to transfer payments. In other words, all individual income tax revenues are gone before one nickel is spent on the services which taxpayers expect from their Government.”
It’s an equal trade of time for money… there is no profit