A History Of Taxes - Part 1: Difference between revisions
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Revision as of 21:36, 13 September 2026
After all the festivities, laughter, memek and gift giving belonging to the holidays, giggles and grins quickly meld into groans and glowers as Income tax Preparation Season rears its ugly face. From January 15th until April 15th, Americans fuss and fume about our growing income taxes. Nevertheless, in an odd sort of way, some must enjoy the gloom since they'll file for an extension, prolonging the agony of the inevitable. rosabiblica.com The federal income tax statutes echos the language of the 16th amendment in proclaiming that it reaches "all income from whatever source derived," (26 USC s.
61) including criminal enterprises; criminals who neglect to report their income accurately have been successfully prosecuted for xnxx. Since the words of the amendment is clearly clearing away restrict the jurisdiction with the courts, it is not immediately clear why the courts emphasize the words "all income" and disregard the derivation within the entire phrase to interpret this section - except to reach a desired political bring about.
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