You are so very wrong. But a good try. You indeed follow the norm of
the public misconception. Further you did not even look up the
regulations on sec. 1 if you look up code section 1.1-1 of title 26CFR
you see this
Sec. 1.1-1 Income tax on individuals.
(a) General rule. (1) Section 1 of the Code imposes an income tax
on
the income of every individual who is a citizen or resident of the
United States and, to the extent provided by section 871(b) or 877(b),
on the income of a nonresident alien individual. For optional tax in
the
case of taxpayers with adjusted gross income of less than $10,000
(less
than $5,000 for taxable years beginning before January 1, 1970) see
section 3. The tax imposed is upon taxable income (determined by
subtracting the allowable deductions from gross income).
(b) Citizens or residents of the United States liable to tax. In
general, all citizens of the United States, wherever resident, and all
resident alien individuals are liable to the income taxes imposed by
the
Code whether the income is received from sources within or without the
United States.
This is one of the sections the IRS claims to make you liable for the
income tax. The other one they claim is section 61. Section 61 of
title 26 USC looks like this(
Sec. 61. Gross income defined
-STATUTE-
(a) General definition Except as otherwise provided in this subtitle,
gross income means all income from whatever source derived, including
(but not limited to) the following items:).
Then it goes on to show a list.
(1) Compensation for services, including fees, commissions, fringe
benefits, and similar items;
(2) Gross income derived from business;
(3) Gains derived from dealings in property;
(4) Interest;
(5) Rents;
(6) Royalties;
(7) Dividends;
(8) Alimony and separate maintenance payments;
(9) Annuities;
(10) Income from life insurance and endowment contracts;
(11) Pensions;
(12) Income from discharge of indebtedness;
(13) Distributive share of partnership gross income;
(14) Income in respect of a decedent; and
(15) Income from an interest in an estate or trust.
But this list is made up of items not sources.
And best of all the CFR says what this list is for take a look at
this.
Sec. 1.61-1 Gross income.
(a) General definition. Gross income means all income from whatever
source derived, unless excluded by law. And there is more.
Section 61 lists the more common items of gross income for purposes of
illustration. That’s right for the purposes of illustration. Meaning
to show you what might be gross income not what is.
Remember the word sources. It has been mentioned three time so maybe
there’s something to that?
And there is. There is a code section on sources. Title 26USC 861-865
and it’s corresponding regulations found in title 26CFR 1.861-1.865.
Pay close attention to 1.861-1/1.861-8T you will find what I am
talking about. But you must read it very carefully.
And for the matter of interpretations if the law were so vague then it
would be void for vagueness that my friend is the law. In fact it is
your bill of rights. The law has to be writen in a matter so that the
common man can under stand it.
Also in the same bill of rights ignorance of the law is no excuse.
That works both ways just because you don’t know the law does not mean
it does or does not exist. You as a Citizen must know how the law
applies to you.
lets put it this way if I can look this stuff up and read it anyone
can. Because I am a carpenter not a CPA or A law expert.
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A nice array of options, including one in my home city. I've arranged
to have by soda picked up for repair Thursday. That's exactly what I
wanted.
i have already found this epoxy, and it did not work out too well
this is great. the only thing lacking is clients and revenue streams/pricing.