Monday, July 30, 2007

What Is Taxed.Com Weighs In Thanks To QFFT Visitor Jeremy...

Jeremy wrote in the comments section of this blog the following:

Why do you say we are responsible for doing our taxes. When according to...continued below

1. "a foreign taxpayer... gross income (whether domestic or foreign source)"
[e.g. "all income from whatever source"]

2. "gross income of a DISC or a FSC"
[domestic international sales or foreign sales corporation]

3. "gross income of a possessions corporations"
[possessions are places like Puerto Rico, the Virgin Islands, etc]

4. "Foreign earned income"
[the requirements for making this are greater than you think. Data mine the definition of foreign earned income]

U.S. citizens are not required to pay tax.

Also what about when we buy something where is the law that says we are supposed to pay tax on items we purchase.

4:57 PM

Read more here.

2 Comments:

Blogger TruePatriot said...

New York city is planning to pass a ban, which will make it illegal to film or photograph withing the ciy limits by passing another Orwellian law!

Visit the following link to see for yourself & then call (212)489-6710 to tell those malfeasant bastards that we will NOT allow them to pass such a law!!!

http://youtube.com/watch?v=_yKmbhg7vtk

12:53 AM  
Blogger Scott C. Haley said...

Whatistaxed.com is a GREAT source of ammunition in this tax battle.

BE SURE to watch the two short videos. [Not only the Govt can make use of data mining to its advantage---we can too.]

1:21 AM  

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