Commissioner v. Glenshaw Glass Co. 1955.
Any increase in wealth is concidered income except for certain exceptions that Congress has declared in the tax code, most notably gifts, bequests and some scholarships. Any increase in wealth. If you find five bucks in the street, thats taxable income. You may not like it, but it is legal.
Supreme Court ruling that has not been overturned.
Case closed.
2006-09-05 20:32:53
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answer #1
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answered by pcguarino 2
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Look. Repeated arguments just because you don't like the law.
Let's start again with the 16th Amendment: "The Congress shall have power to lay and collect taxes on incomes, from whatever source derived, without apportionment among the several states, and without regard to any census or enumeration."
What part of that is unclear?
And your uncited quotes allegedly from the Supreme Court are meaningless. Cite the cases. Then read the cases, and you'll realize that whoever you're quoting doesn't know what they are talking about.
I've read several dozen cases from federal courts including the Supreme Court, and the quote that keeps getting bandied about is so badly taken out of context that is laughable.
{EDIT to pcguarino} Thank you for the case citation. (second link)
Definition affirmed in C.I.R. v. Kowalski, 434 U.S. 77 (1977).
2006-09-05 20:01:48
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answer #2
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answered by coragryph 7
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If you want to dig real deep, you'll find that income tax was never, ever, even meant for citizens. It was only meant for foreign entities in this country and Corporations. There is not now, nor has there ever been a law to tax the people on their income.
2006-09-05 20:11:39
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answer #3
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answered by oldman 7
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This is such an old argument. While what you say is somewhat true, maybe your time would be better spent researching those that have gone to prison for tax evasion using exactly these same arguments. This is nothing new, hon.
2006-09-05 20:04:22
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answer #4
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answered by Chloe 6
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I totally agree with "Coragryph", I do not know where you got your info, but you need to do further research on the matter. I hope you can find the info you need. Try checking out the link below...Good luck...
2006-09-05 20:10:35
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answer #5
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answered by tinytinker79 3
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I think that people who post an opinion thinly disguised as a question, especially an uninformed opinion, are immature and/or simpleminded.
JMB
2006-09-05 20:09:34
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answer #6
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answered by levyrat 4
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I know this already.
What do I think?
I think the government is greedy and doesn't play by its own rules.
2006-09-09 18:39:59
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answer #7
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answered by BeachBum 7
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the gov. gives you plenty of tax breaks; if yur smart enough to read
2006-09-05 20:07:00
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answer #8
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answered by pahump1@verizon.net 4
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See you in prison.
2006-09-05 20:02:34
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answer #9
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answered by Anonymous
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Yeah, good luck with that.
2006-09-05 20:03:44
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answer #10
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answered by Anonymous
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