Posts Tagged ‘proof capacityPUB tax’
PROOF: Proving that I.R.C. Subtitle A is a tax on Public CapacityPUB and not “income”
INTRODUCTION: Most Americans assume the federal income tax is a levy on “income.” The Internal Revenue Code itself encourages this belief with definitions of gross income, taxable income, and adjusted gross income. But when the Code is examined through the lens of constitutional limits, statutory construction, and the PUB/PRI capacity framework, a very different picture…
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