Comment: Was the definition of income

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Was the definition of income

Was the definition of income left vague, perhaps unconstitutionally vague, to fleece the people? Definitely. While it is vague, legal codes often ask you to reason by analogy. For example, what do we DEMONSTRABLY know is income based on IRC 61??

(1) Compensation for services, including fees, commissions, fringe benefits, and similar items;

(3) Gains derived from dealings in property;
(4) Interest;
(5) Rents;
(6) Royalties;
(7) Dividends;
(8) Alimony and separate maintenance payments;
(9) Annuities;

(11) Pensions;

You may ask yourself how the Constitution can possibly be interpreted without a definitions section. The answer is the common meaning at the time of ratification of the document. The courts often get this wrong. Many have basically adopted the Haig-Simons definition.

Ventura 2012