I have an income tax theory. what do you think? possible?Submitted by TimJitsu on Wed, 04/24/2013 - 19:43
so i found myself at work, day dreaming. When i had this idea, if the government feels they can tax our wages because it is a "payment for services rendered", and doesn't recognize your time of life as something you are exchanging for that money... what if I were to write up a private legal contract between myself and my employer, recognizing that my time of life is valued at X amount of dollars and they are willing to exchange X amount of dollars for my time spent on their property. This would recognize my wage as an equal exchange for my time of life. therefor there is no profit being made for either party. technically this would make my wages not taxable right? and also makes my wages a business expense for my employer wouldn't it?
so i went in and talked to the head office lady at my work and asked her if there were any documentation of my employment. anything stating my "services" to the company. She said no. then i asked if there is any requirement for them to state my services there, again she said no.
you guys understand what im getting at? what do you think?