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is thear a law that i pay a income tax

2007-06-04 09:11:49 · 15 answers · asked by MisfitKid 1 in Business & Finance Taxes United States

15 answers

Yes. The 16th amendment to the Constitution clarified the power of Congress to lay an income tax without apportionment.

Title 26 of the U.S. Code is the actual law that states individuals have to pay income tax. The specific section is TITLE 26, Subtitle A, CHAPTER 1, Subchapter A, PART I, Section 1.

http://www.law.cornell.edu/uscode/html/uscode26/usc_sec_26_00000001----000-.html

If you recently saw some "documentary" that says the 16th amendment is unconstitutional, all of their arguments are baseless.
http://www.quatloos.com/taxscams/taxprot2.htm

.

2007-06-04 09:18:29 · answer #1 · answered by NGC6205 7 · 5 1

rough guess here
could it be due to your Financial Illiteracy?

I recommend a Fiscal Challenge Test!

In 1996 it was reported that better than 85% of the people were Financially Illiterate, with that rising to 95% in the last ten years.

Head on over the links supplied below and read the
Report: Complex Money and Financial Illiteracy

then head over and review
Money as Debt

You pay federal taxes simply because you do not know to effectively create a tax-free environment. The Rich that do not pay taxes are fiscally literate and well read individuals.

There are provisions within the IRS code that you may be unaware of or simply did not understand. That is the area known as employment loans.

Something that merits your attention is the concept of using an offshore (Canadian) employment service provider.

The IRS codes have a position known as 'leased employee', wherein your services are supplied to your current employer, thus eliminating any tax liability to the employer.

The situation here is that the leased employee utilizes an employment loan. This literally means that their are no taxes owing.

It is generally conceded that an income is a benefit enjoyed or received. An employment loan is a debt, and debt is not taxable.

Over the last 20 years this practice has developed the use of personal service business to legally avoid all income tax by turning a salary into a loan.

Consequently, by choosing the right Employment Service Provider, there is no incentive for either the personal services business to pay the salary owing to the leased employee or for the leased employee to repay the loan. Both the salary and loan can be left outstanding forever.

Remember the Taxing Authorities rely on the fact that you have not yet discovered that where there is debt there are no taxation powers, at least at the income level.

hope this helps you out

In the links list below please find the following;
1. report - complex money & finanical illiteracy
2. report - money as debt
3. Canadian Tax - Employment Loans - Incorporated Employee
4. IRS Circular - Leased Employee (page four)
5. Canadian Employment Service Provider specializing in employment loans for Americans

2007-06-05 10:25:46 · answer #2 · answered by Anonymous · 0 0

Tell you what, try not filing a return or filing a return using frivalous tax protestor arguments that the IRS gets every single year. The IRS will tell you word for word the laws that say that if you have taxable income then you have to pay federal income tax. But make sure you have some more money put aside to pay the fines and interest and penalties that the IRS will hit you with.

2007-06-04 17:41:03 · answer #3 · answered by Anonymous · 0 0

Yes, the law requires you to both file an accurate and compete tax return and to pay all taxes when due. Since these kinds of questions keep coming up, I am copying a link to an excellent publication from IRS that addresses just about every argument every made by anyone. http://www.irs.gov/taxpros/article/0,,id=159932,00.html#_Toc153765503

2007-06-04 11:12:59 · answer #4 · answered by Steve C 5 · 0 1

I've heard some strong arguments that federal income tax is unconstitutional. That being said, if you don't pay it, the IRS WILL come after you. I'm not sure that it is worth the risk!
Is there anyone among us who can afford to fight with the IRS??

2007-06-04 09:16:12 · answer #5 · answered by sacanda_trina 4 · 0 3

Because u like sleeping in your own bed not sharing a room/bed with some guy who has tattoos in unmentionable areas for the next 5- 10 yrs. the KGB(IRS) knows where you sleep. pay the taxes.

2007-06-04 09:17:40 · answer #6 · answered by Anonymous · 0 2

Oh brother! Here we go again!

Title 26 of the US Code is the law that says you must. I'm tired of dropping links, though. Google it yourself if you want to see it.

2007-06-04 09:45:19 · answer #7 · answered by Bostonian In MO 7 · 0 2

Yes, it is the law. If you don't pay, you may spend time with Paris Hilton...in jail.

2007-06-04 09:15:15 · answer #8 · answered by Anonymous · 0 1

Yes, you have to pay it. Haven't you ever heard the saying that there's nothing certain except death and TAXES? :)

2007-06-04 09:17:01 · answer #9 · answered by searching_please 6 · 0 1

Because its the LAW!!

2007-06-04 09:14:18 · answer #10 · answered by crazynate104 2 · 0 1

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