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Politics : Right Wing Extremist Thread -- Ignore unavailable to you. Want to Upgrade?

To: DMaA who wrote (31473)	12/29/2002 7:02:42 PM
From: Father Terrence	Respond to of 59480

He has proven that the U. S. Tax Code applies only to corporate income, not individual income. My youngest brother lives in Las Vegas and knows Schiff personally. Irwin is in his 70s now. When he goes the United States will have lost a great man, a great thinker and a great patriot. ------ "Conventional wisdom," even when provably incorrect, is a very powerful thing. People often find it uncomfortable to question things they have always taken for granted. The sky is blue; one plus two equals three; and most Americans owe federal income taxes. Everyone knows that. Contrary to what "everyone knows," the truth of the matter is this: Congress could not, and did not, impose a tax on the income of most Americans, because of the strict limits on federal power imposed by the Constitution. Instead, they imposed a far more limited income tax, applicable primarily to income from certain types of international and foreign commerce, but wrote the law in such a way that it could easily be misinterpreted. The law itself is perfectly valid and constitutional; it is simply being misrepresented and misapplied by the tax professionals and government officials. As a result, tens of millions of Americans now make payments to the IRS based on the false assumption that they are just paying "their taxes." In reality they are being defrauded via the myth that the income of most Americans is taxable. Of course such a claim at first sounds absurd, but the evidence does not lie. Here is a very brief summary of the issue: 1) The federal income tax is imposed upon "taxable income" (not all income). 2) "Taxable income" generally means "gross income" minus deductions. 3) "Gross income" is generally defined as "all income from whatever source derived," including compensation, interest, rents, dividends, etc. Up to this point, the tax professionals agree. It is what comes next that they are either unaware of, or unwilling to accept when they see it in plain English in the law books. 4) Certain sections of the law specifically describe in which situations income from inside the United States is taxable. 5) While those sections show income to be taxable when it derives from certain kinds of international and foreign commerce, they do not show the income of United States citizens living and working only in the 50 states to be taxable. Amazingly, points 4 and 5 above are specifically and repeatedly stated in the federal income tax regulations, yet most tax professionals simply refuse to believe it. As if that were not bad enough, there is yet another, completely independent way that the regulations prove the truth. 6) The regulations show that the types of income listed in the general definition of "gross income" (such as compensation, interest, rent, etc.) are in some situations excluded for federal income tax purposes. 7) The income tax regulations give a specific list of those types of income which are not exempt (i.e. which are taxable), and while that list includes income derived from certain types of international and foreign commerce, the income of the average American is not listed as being non-exempt (i.e., taxable). ------- taxableincome.net Site to Irwin Schiff: paynoincometax.com