Win / GreatAwakening
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Reason: None provided.

Technically, "income" means "profit." With regards to the 16th amendment, only a corporation (a "legal entity" or "legal fiction" AKA not a natural person) can accumulate profit. A person engaged in trade, AKA a "like kind exchange," which includes the exchange of labor for other goods and services does not include any profit.

When you get into the exchange of money however (Federal Reserve Notes), things get a little more tricky. Exchanging FRNs for labor is not a like kind exchange because money has no value, on the contrary, it is a note of debt. It is kinda like negative value. Labor on the other hand has positive value. Exchanging something with negative value for something with positive value is not a "fair" exchange, and thus has different rules. Those rules (called the Tax Code) are up to the corporation that owns that "money" (the Federal Reserve). Or more specifically, their agency that makes all those rules, the private organization called the IRS. They dictate the rules of money. The Tax Code and Federal Law (illegally created, but "law" nonetheless) are sometimes congruent, but not always.

I think the way they manage it is because there may be a corporation, a trust, that is created in your name, through Social Security, and that is what is taxed. You are not subject to paying "income taxes" but the corporation, that has the same name as you, is. And you, as a signatory to your Social Security Number (or Taxpayer Identification Number) are legally bound to pay the taxes for that corporation.

I still need to figure out exactly how this is accomplished, but I think that is how it works.

1 year ago
1 score
Reason: None provided.

Technically, "income" means "profit." With regards to the 16th amendment, only a corporation (a "legal entity" or "legal fiction" AKA not a natural person) can accumulate profit. A person engaged in trade, AKA a "like kind exchange," which includes the exchange of labor for other goods and services does not include any profit.

When you get into the exchange of money however (Federal Reserve Notes), things get a little more tricky. Exchanging FRNs for labor is not a like kind exchange because money has no value, on the contrary, it is a note of debt. It is kinda like negative value. Labor on the other hand has positive value. Exchanging something with negative value for something with positive value is not a "fair" exchange, and thus has different rules. Those rules are up to the corporation that owns that "money" (the Federal Reserve). Or more specifically, their agency that makes all those rules (called the Tax Code), the private organization called the IRS. They dictate the rules of money. The Tax Code and Federal Law (illegally created, but "law" nonetheless) are sometimes congruent, but not always.

I think the way they manage it is because there may be a corporation, a trust, that is created in your name, through Social Security, and that is what is taxed. You are not subject to paying "income taxes" but the corporation, that has the same name as you, is. And you, as a signatory to your Social Security Number (or Taxpayer Identification Number) are legally bound to pay the taxes for that corporation.

I still need to figure out exactly how this is accomplished, but I think that is how it works.

1 year ago
1 score
Reason: None provided.

Technically, "income" means "profit." With regards to the 16th amendment, only a corporation (a "legal entity" or "legal fiction" AKA not a natural person) can accumulate profit. A person engaged in trade, AKA a "like kind exchange," which includes the exchange of labor for other goods and services does not include any profit.

When you get into the exchange of money however (Federal Reserve Notes), things get a little more tricky. Exchanging FRNs for labor is not a like kind exchange because money has no value, on the contrary, it is a note of debt. It is kinda like negative value. Labor on the other hand has positive value. Exchanging something with negative value for something with positive value is not a "fair" exchange, and thus has different rules. Those rules are up to the corporation that owns that "money" (the Federal Reserve). Or more specifically, their agency that makes all those rules (called the Tax Code), the private organization called the IRS. They dictate the rules of money. The Tax Code and Federal Law (illegally created, but "law" nonetheless) are sometimes congruent, but not always.

I think the way they manage it is because there may be a corporation, a trust, that is created in your name, through Social Security, and that is what is taxed. You are not subject to paying "income taxes" but the corporation, that has the same name as you, is.

I still need to figure out exactly how this is accomplished, but I think that is how it works.

1 year ago
1 score
Reason: Original

Technically, "income" means "profit." With regards to the 16th amendment, only a corporation (a "legal entity" or "legal fiction" AKA not a natural person) can accumulate profit. A person engaged in trade, AKA a "like kind exchange," which includes the exchange of labor for other goods and services does not include any profit.

When you get into the exchange of money however (Federal Reserve Notes), things get a little more tricky. Exchanging FRNs for labor is not a like kind exchange because money has no value, on the contrary, it is a note of debt. It is kinda like negative value. Labor on the other hand has positive value. Exchanging something with negative value for something with positive value is not a "fair" exchange, and thus has different rules. Those rules are up to the corporation that owns that "money" (the Federal Reserve). Or more specifically, their agency that makes all those rules (called the Tax Code), the private organization called the IRS. They dictate the rules of money. The Tax Code and Federal Law (illegally created, but "law" nonetheless) are sometimes congruent, but not always.

1 year ago
1 score