The funniest, or saddest part is that when we turn in tax documents, we are declaring any money received for our time as income/gain, which is then taxed. This means that we accept their premise that our time has no value. If we exchange an agreed to amount of our time (such as 1,800 hours) for an agreed to amount $100,000 - because that’s the fair market value of it, then it was actually an even exchange. An even exchange is not a gain and should not be taxed. An income tax on you = you are owned, not free.
The funniest, or saddest part is that when we turn in tax documents, we are declaring any money received for our time as income, which is then taxed. This means that we accept their premise that our time has no value. If we exchange an agreed to amount of our time (such as 1,800 hours) for an agreed to amount $100,000 - because that’s the fair market value of it, then it was actually an even exchange. An even exchange is not a gain and should not be taxed. An income tax on you = you are owned, not free.