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| Budget and Taxes Do you feel that raising taxes will help solve the debt of the United States? Are you a fan of Reaganomics? |
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| | #31 (permalink) | |||||||||||||||||||||
| Community Leader ![]() Join Date: Dec 2005 Location: New England Shoreline Gender: ![]() Posts: 865 Country: ![]()
| Jefferson, that's not an option at this point in time. Our Task must be to free ourselves... by widening our circle of compassion to embrace all living creatures, the whole of nature, and its beauty. Albert Einstein Hans Küng: "There will be peace on earth when there is peace among the world religions." Last edited by teethandclaws; 05-13-2006 at 11:22 PM. | |||||||||||||||||||||
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| | #32 (permalink) | ||||||||||||||||||||||
| Banned Join Date: Feb 2006 Location: Omaha Beach Posts: 7,298
| Quote:
If you're not old enough to do that, tell me what your mommy & daddy's 1040 line 34 said. | ||||||||||||||||||||||
| | #33 (permalink) | ||||||||||||||||||||||
| Banned Join Date: Feb 2006 Location: Omaha Beach Posts: 7,298
| Quote:
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| | #34 (permalink) | |||||||||||||||||||||
| Citizen ![]() Join Date: May 2006 Location: Texas Republic Gender: ![]() Posts: 112
| Control always lies in deception, no matter what, from Bible or Man, if they can get you to not think and investigate things for yourself, the battle is but half won. Then what they do is begin to lie to you and give contradictions to you and CHANGE the MEANINGS of words and Concepts, etc. For someone to determine his federal income tax liability (if any), he must first determine his taxable income. Enclosed are six important questions about how to do that properly, according to the law itself. Though the IRS’ stated mission includes helping Americans “understand and meet their tax responsibilities,” the IRS has been very non-responsive—often even insulting and threatening—to those who have asked similar questions in the past. Questions Regarding Determining Taxable Income 1) Should I use the rules found in 26 USC § 861(b) and 26 CFR § 1.861-8 (in addition to any other pertinent sections) to determine my taxable domestic income? 2) If some people should not use those sections to determine their taxable domestic income, please show where the law says who should or should not use those sections for that. Reason for first two questions: The regulations at 26 CFR § 1.861-8 begin by stating that Sections 861(b) and 863(a) state in general terms “how to determine taxable income of a taxpayer from sources within the United States” after gross income from the U.S. has been determined. Section 1.861-1(a)(1) confirms that “taxable income from sources within the United States” is to be determined in accordance with the rules of 26 USC § 861(b) and 26 CFR § 1.861-8 (see also 26 CFR §§ 1.862-1(b), 1.863-1(c)). Cross-references under 26 USCS § 61, as well as entries in the USC Index under the heading “Income Tax,” also refer to Section 861 regarding income (“gross” and “taxable”) from “sources within U.S.” 3) If a U.S. citizen receives all his income from working within the 50 states, do 26 USC § 861(b) and 26 CFR § 1.861-8 show his income to be taxable? Reason for question: Section 217 of the Revenue Act of 1921, predecessor of 26 USC § 861 and following, stated that income from the U.S. was taxable for foreigners, and for U.S. corporations and citizens deriving most of their income from federal possessions, but did not say the same about the domestic income of other Americans. The regulations under the 1939 Code (e.g. §§ 29.119-1, 29.119-2, 29.119-9, 29.119-10 (1945)) showed the same thing. The current regulations at 1.861-8 still show income to be taxable only when derived from certain “specific sources and activities,” which still relate only to certain types of international trade (see 26 CFR §§ 1.861-8(a)(1), 1.861-8(a)(4), 1.861-8(f)(1)). 4) Should one use 26 CFR § 1.861-8T(d)(2) to determine whether his “items” of income (e.g. compensation, interest, rents, dividends, etc.) are excluded for federal income tax purposes? Reason for question: The regulations (26 CFR § 1.861-8(a)(3)) state that a “class of gross income” consists of the “items” of income listed in 26 USC § 61 (e.g. compensation, interest, rents, dividends, etc.). The regulations (26 CFR §§ 1.861-8(b)(1)) then direct the reader to “paragraph (d)(2)” of the section, which provides that such “classes of gross income” may include some income which is excluded for federal income tax purposes. 5) What is the purpose of the list of non-exempt types of income found in 26 CFR § 1.861-8T(d)(2)(iii), and why is the income of the average American not on that list? Reason for question: After defining “exempt income” to mean income which is excluded for federal income tax purposes (26 CFR § 1.861-8T(d)(2)(ii)), the regulations list types of income which are not exempt (i.e. which are subject to tax), including the domestic income of foreigners, certain foreign income of Americans, income of certain possessions corporations, and income of international and foreign sales corporations; but the list does not include the domestic income of the average American (26 CFR § 1.861-8T(d)(2)(iii)). 6) What types of income (if any) are not exempted from taxation by any statute, but are nonetheless “excluded by law” (i.e. not subject to the income tax) because they are, under the Constitution, not taxable by the federal government? Reason for question: Older income tax regulations defining “gross income” and “net income” said that neither income exempted by statute “or fundamental law” were subject to the tax (§ 39.21-1 (1956)), and said that in addition to the types of income exempted by statute, other types of income were excluded because they were, “under the Constitution, not taxable by the Federal Government” (§ 39.22(b)-1 (1956)). (This is also reflected in the current 26 CFR § 1.312-6. Last edited by RidinHighSpeeds; 05-15-2006 at 06:03 PM. | |||||||||||||||||||||
| | #35 (permalink) | |||||||||||||||||||||
| Community Leader ![]() Join Date: Jan 2006 Posts: 694
| The foregoing breaks down to the fact that Government was never granted the power to lay a direct tax upon the inhabitants of the States. Last edited by indago; 05-14-2006 at 08:00 PM. | |||||||||||||||||||||
| | #36 (permalink) | ||||||||||||||||||||||
| Banned Join Date: Feb 2006 Location: Omaha Beach Posts: 7,298
| Quote:
But try reversing that now! | ||||||||||||||||||||||
| | #37 (permalink) | ||||||||||||||||||||||
| Community Leader ![]() Join Date: Dec 2005 Location: New England Shoreline Gender: ![]() Posts: 865 Country: ![]()
| Quote:
If that's BS and an excuse, so be it. Our Task must be to free ourselves... by widening our circle of compassion to embrace all living creatures, the whole of nature, and its beauty. Albert Einstein Hans Küng: "There will be peace on earth when there is peace among the world religions." | ||||||||||||||||||||||
| | #38 (permalink) | ||||||||||||||||||||||
| Banned Join Date: Feb 2006 Location: Omaha Beach Posts: 7,298
| Quote:
Stop being a crybaby about it. Stop acting like it's somebody else's fault that you don't make more money than you do. Stop blaming the government. Be grateful that you have a family. Be grateful that you have all the things you already have. | ||||||||||||||||||||||
| | #39 (permalink) | ||||||||||||||||||||||
| Super Moderator Join Date: Feb 2005 Location: Seattle (grew up around D.C.) Gender: ![]() Posts: 7,868 Country: ![]()
| Quote:
Just like it was the "choice" of the residents in New Orleans. It seems you are completely out of touch with poverty in America. --- help me Instant Runoff Voting, you're my only hope --- There is little doubt that the world in general is more liberal than it was 50 years ago and beyond. Conservatives are simply roadblocks on the path to an ever more progressive and liberal world. What a sad existence. | ||||||||||||||||||||||
| | #40 (permalink) | ||||||||||||||||||||||
| Banned Join Date: Feb 2006 Location: Omaha Beach Posts: 7,298
| Quote:
Not even close. Not relevant. Pick again! | ||||||||||||||||||||||
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