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Message Subject Supreme Court to hear income tax case?
Poster Handle Anonymous Coward
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Here is the Federal Reserve law that is being brought up

[link to www.law.cornell.edu]

However it doesn't matter. You can can call your money or your labor whatever you want. But at the end of the day they are still tangable things.

The same laws cleary spell out whats income is
[link to www.law.cornell.edu]


Except as otherwise provided in this subtitle, gross income means all income from whatever source derived, including (but not limited to) the following items:

You can't pick and choose which laws best suit your desires.

So whether you are "paid" in Federal Reserve Notes, United States Notes, or premium coffee beans, you are obligated to find a fair market value of that "income" and pay taxes on it. Period.

[link to www.irs.gov]


Bartering occurs when you exchange goods or services without exchanging money. An example of bartering is a plumber doing repair work for a dentist in exchange for dental services. You must include in gross income in the year of receipt the fair market value of goods and services received in exchange for goods or services you provide.

If all you were paid for an entire year was bags of rice, at the end of the year you would have to convert some of that rice into cash and pay the IRS the cash. That is what the law says.

The system is setup very tightly. If they didn't have income tax, they would simply find something else to tax you through. Government hasn't changed in thousands of years.
 
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