3 votes

I have an income tax theory. what do you think? possible?

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?

Trending on the Web

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.

Criminals took over.

When the criminals take over they do what criminals always do, they steal everything they can from their targeted victims.

That is not an Income Tax Theory. That is a well documented fact.



I see it like this...

First of all, samadamscw is right about how people find themselves in a tax system in which they don't belong.

However, the tax system is no different than any other system in which there are rules. And I think you have stumbled upon a major point in the issue, but it needs to be thought about in the proper way.

As an employer, you have a painting company that paints fences. You charge $20/hour for the service. You pay your employee $12/hour for his work and you keep $8. So when you file your tax return you don't pay tax on $20. You deduct your cost of preforming that hour of work which is $20 - $12 = $8. Your profit is $8.

Now, you don't employ anyone, but do all the painting yourself. You charge $20/hour. When filing taxes, you get to deduct the cost of doing that business. You have a contract that proves, indisputably, that your time is worth $20/hour. So every $20 you make per hour costs you one hour of your life, which is valued a $20. So now you should be able to deduct $20 as the cost of doing business. You declare $20 - $20 = $0 profit.

I think that they (IRS and GOVT) would have a really bad PR time if they tried to claim that the value of your life was not a valid deduction. I can hear it now over the radio: "man's life worth nothing says the IRS." If that doesn't let people know they're slaves, nothing but prison camp will.

I'm sure that the income tax is a function 14th Amendment citizenship, but I'm not sure, once you're wrapped up in the system, that your life is actually worth nothing. I just don't know of anyone who has tried to account for it before.

Good luck. But before you try this, do some research on cases lost by the IRS. See if there is a court in which a majority of those cases were heard. Try to find or create a jurisdiction in which the IRS has no standing. And if the IRS starts to give you flack have a plan in place to take them to court before they get you stuck in their own kangaroo court. Be a very loud bulldog!

~ Engage in the war of attrition: http://pacalliance.us/redamendment/

Actually the government/IRS

Actually the government/IRS doesn't say that ones life is worth nothing; they say that an individual's life/time is worth $6400/year -this is the total amount one can make while not having to pay taxes.

The taxes a person pays is due to the fact that the government/IRS decided that nobody is worth more than $6400/year, and also that the government will decide what an individual's time is worth. Technically it is not an individual's time which is valued at $6400/year, because whether a person earned that $6400 in one second, one day, or 365 days is of no importance.

Plus, there is a distinction between the business and the individual. Your example of $20-$20=$0 is from the business's perspective. The individual will have to claim what they earned working for their own business, and once that amount is greater than $6400/year, the individual must pay taxes.

Your original premise is flawed. It because of the value of

your time that they claim they can tax you.

The gain or profit doesn't come into play because you or your time are considered worthless.

The gain or profit comes into play because you are exercising a government granted privilege.

Now, ask yourself, "what privilege?" And when you find the answer, you'll see if the tax applies to you or not in your specific case.

Most people find themselves ensnared in a tax system that they have no business being in, mostly because they don't understand the law, and neither do those who enforce it.

The problem isn't so much even how the law is written, though it could be written more clearly. The problem is stupid people are missapplying it, and even dumber people are voluntarily complying when they don't have to - further confusing the issue of just who is, and who is not, supposed to comply.

Where I'm from,

Where I'm from, there'd be one hell of a VAT attached.

a depreciation write off

Its like writing off depreciation or the oil depletion allowance. Say you get paid x dollars per year and at the end of that year you are a year older, so you write off that used up year like you would write off depreciation on equipment or a building. You will need a good attorney and an understanding jury!