Comment: FEDCOME is A Better Term For What is Actually Taxable

In post: Income Tax Gets Supreme Court Review

In reply to comment: From day 1 of Income Tax (see in situ)

FEDCOME is A Better Term For What is Actually Taxable

Submitted by KMoore1223 on Wed, 09/26/2012 - 21:28. Permalink

They don't call it the federal income tax for nothing.

The term “income” is not defined in the 70,000 plus pages of the internal revenue code. “The general term “income” is not defined in the Internal Revenue Code.”
U.S. v. Ballard, 535 F.2d 400, 404 (8th Circuit, 1976).

No court has ever ruled that all money received is income subject to federal income tax.

Employers don't just tell the IRS how much money they paid you. They testify on the record with IRS Form(s) 1099 MISC. and W2's they paid you "income" subject to federal income tax.

We are not required to assume the ordinary earnings we receive automatically qualify as “income” subject to federal income tax.

This is not complicated. It’s elementary.

—

KMoore
May our efforts in support of Congressman Ron Paul be blessed with supernatural success.