Smart Tax Saving Tips: Difference between revisions
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Revision as of 02:29, 8 October 2026
One more week until Tax Night out. Have you filed yours yet? I haven't (probably should aboard that, actually), and cibai when I read in USA Today that roughly 47% of Americans won't even have to worry about paying federal income taxes, I start to wonder if I should even bother. Oh sure, there's the threat of prison time for tax evasion, memek but really, what's the point if half the damn country isn't going to fund up and log off scot-free? The federal income tax statutes echos the language of the 16th amendment in nevertheless it reaches "all income from whatever source derived," (26 USC s.
61) including criminal enterprises; criminals who for you to report their income accurately have been successfully prosecuted for memek. Since the word what of the amendment is clearly clearing away restrict the jurisdiction of the courts, end up being not immediately clear why the courts emphasize words "all income" and ignore the derivation of the entire phrase to interpret this section - except to reach a desired political conclusion.
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