And what is income exactly? If one refers to a "legal" dictionary they would discover the term business has two meanings:
1. That which occupies a man's time with an intent to realize a profit.
2. That which occupies a man's time in the ordinary course of life.
One then must ask what is the definition of profit? Profit is a gain or benefit realized above and beyond costs including the value of labor. For instance ...
If I offer to do work for you I may only seek to exercise a natural and fundamental right to work for the value of my labor where you pay for materials. If I quoted you on behalf of a company I would be seeking a profit above and beyond materials + costs + labor which is gain also known as income.
The courts in their absurd wisdom and logic have decreed a person does not have a basis in their labor but that is a whole conversation in itself.
Want DP delivered to your inbox daily? Subscribe here: