LEGAL
DISCLAIMER I am not a Tax Lawyer, Nor do I play Dan Evans on the internet. I am not a Certified Public Accountant, Nor do I play Paul Thomas on the internet. I am not an Enrolled Agent, Nor do I play Richard Macdonald on the internet. DO NOT TAKE MY WORD FOR ANYTHING ON THIS PAGE. Go look it up for yourself. |
The reader again, should note that a definition is not a command to action, nor a duty imposed. It is simply a description of what the term, or the words of a term, mean.
"All income from whatever source derived" is a phrase you will see again in another chapter. This phrase has a specific meaning under the U.S. Constitution. As such it has specific limits as to what it covers. This section 61 is written so that the average reader will think "income" means revenue, receipts, or "all that comes in". Deceived thus, the casual reader of the Code would not look any deeper in the written words of law. I will challenge this deliberate legerdemain later. For now, go ahead and consider the word "income" to mean "all that comes in" just like "they" want you to do. If one does not have income, then one can
not have gross
income.
If one does not have gross income, then one can not have taxable income. If one does not have taxable income, then one can not have an income tax imposed. The question now shifts and becomes Do I have income? However, because of the nature of the obfuscation deliberately put in the written words of law, this is actually two questions depending upon the meaning of "income". The question splits: Do I have any money (receipts, revenue) coming in? Do I have Constitutionally defined income coming in? Whether married or unmarried, IRC section 61 does not differentiate between three internationally renown burger flippers. |