Posts Tagged ‘income’
DEBATE: All “income” in the I.R.C. is “foreign”
EDITORIAL: This debate deals with the subject of whether ALL income in the I.R.C. Subtitle A is “foreign income” and WHAT precisely foreign income means. The article that sparked this debate is: What YOUR GOVERNMENT Thinks “Foreign” Means, FTSIGhttps://ftsig.org/what-your-government-thinks-foreign-means/ If you understand this debate, you will be able to prove with evidence that you earn…
Read MoreDEFINITIONS: “foreign income”
EDITORIAL: Lessons learned about “foreign”: The above are substantiated at: PROOF OF FACTS: “Deferred earnings” paid in connection with government retirement earned as a “U.S. person” are not “foreign income” or taxable under I.R.C. 864(c), FTSIGhttps://ftsig.org/proof-of-facts-deferred-retirement-earnings-not-taxable/ There are lots of reasons why the geographical “United States” defined at 26 U.S.C. §7701(a)(9) and (a)(10) and 4…
Read MoreMicrosoft Copilot: FDAP under 26 U.S.C. 871(a)(1) is a tax on gross receipts and not profit. Does that mean it doesn’t apply to people residing within states of the Union and protected by the Constitution?
EDITORIAL: To summarize the approach to nonresident alien taxation on this website: It seems that the latitude Congress is given in Sixteenth Amendment varies depending on activity or recipient. It could be from: Social Security under 26 U.S.C. 871(a)(3) fits in EITHER 3 or 4 above, depending on where you are from. For a nonresident…
Read MorePROOF OF FACTS: “U.S source” does NOT include anything but payments DIRECTLY from the government and excludes even payments from “taxpayers”
1. Evidence and law: 1. The U.S. Supreme Court has held that Congress cannot authorize or license the VERY activity that is the subject of the current income tax. “Thus, Congress having power to regulate commerce with foreign nations, and among the several States, and with the Indian tribes, may, without doubt, provide for granting…
Read MorePROOF OF FACTS: Capital v. Income
TABLE OF CONTENTS 1. Distinguishing Between Capital and Income What it the difference between capital and income, and what is the relationship between them? This should be Basic Economics 101, but this distinction has become an economic riddle that few seem inclined to solve. The distinction between capital and income is explained in the 1913 Congressional…
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