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. |
Shyster1040 v. Dale E.This is a record of my attempt to get this named individual to debate with me point by point in a one on one dialog in the news:misc.taxes news group. |
Re: Ed Brown et
Ux - another sore
loser bites the dust. Perhaps Mr. & Mrs. Brown should have
tried reading 26 USC Sec. 1, "a tax is hereby imposed...." Cite ....Upon taxable income. No taxable income- no tax. Your move Shyster. Quote section 63. Cite Do you really want this horse-whipping again, Dale? Cite No taxable income- no tax. Your move Shyster. Quote section 63. Cite Oh, goody, now we're going to play "I can't answer questions, so I'm just going to restate what I said before." Dale, do you really want that horse-whipping over taxable income again, or don't you? If you don't state an affirmative answer, either "yes" or "no" you will be presumed to have answered "yes," in which case I shall proceed to tan your lilly-livered hide once again. Cite No taxable income- no tax. Your move Shyster. Quote section 63. Or are you afraid of the written law? Cite I'll take that as a "yes," namely, that you want to get your hide tanned, once again. Section 1 imposes a tax on individuals in an amount expressed as a percentage of the individual's taxable income. Section 63 defines taxable income as gross income less allowed deductions. Section 61 defines gross income as all income, from whatever source derived, and includes a non-exclusive list of certain items that are specifically included in gross income. Cite |
Here's
section 61 in it's entirety: -EXPCITE- TITLE 26 - INTERNAL REVENUE CODE Subtitle A - Income Taxes CHAPTER 1 - NORMAL TAXES AND SURTAXES Subchapter B - Computation of Taxable Income PART I - DEFINITION OF GROSS INCOME, ADJUSTED GROSS INCOME, TAXABLE INCOME, ETC. -HEAD- Sec. 61. Gross income defined -STATUTE- (a) General definition Except as otherwise provided in this subtitle, gross income means all income from whatever source derived, including (but not limited to) the following items: (1) Compensation for services, including fees, commissions, fringe benefits, and similar items; (2) Gross income derived from business; (3) Gains derived from dealings in property; (4) Interest; (5) Rents; (6) Royalties; (7) Dividends; (8) Alimony and separate maintenance payments; (9) Annuities; (10) Income from life insurance and endowment contracts; (11) Pensions; (12) Income from discharge of indebtedness; (13) Distributive share of partnership gross income; (14) Income in respect of a decedent; and (15) Income from an interest in an estate or trust. (b) Cross references For items specifically included in gross income, see part II (sec. 71 and following). For items specifically excluded from gross income, see part III (sec. 101 and following). Please focus on the phrase "all income from whatever source derived." As in "Gross income means all income from whatever source derived." Let X = the phrase "all income from whatever source derived"... Whatever that income is, and whatever source it comes from. Thus "Gross income means X"... What ever and where ever X comes from. Do you have any problem with this equate so far? Cite |
Shyster1040 chose
to ignore the above
thread. How's he going to give me that "horse-whipping
again" if he ignores the
thread where stated he was going to give me that "horse-whipping
again"? I think he knows if he answers, I am going to decimate his "everything that comes in is gross income" lie. |