Posted on 01/29/2008 1:06:35 PM PST by george76
Edited on 01/29/2008 2:53:41 PM PST by Admin Moderator. [history]
No need to travel. I get to enjoy communism right here in Ohio.
Thank you for the links.
Probably was paying the employer part of fica on the face value, saving a small fortune.
Forgot to paste the guys name.
Sheldon Cohen, who was IRS commissioner and general counsel in the 1960s.
Real piece of cake. Talks out of both sides of his mouth.
That much I can see, but I can hardly see any such savings outweighing the loss created by selling (say) a 1-oz gold eagle worth $800 (then) for fifty bucks! (1-oz Au Eagles are stamped with a $50 face value) Or any of the other variations of transacting bullion coins for face value, all of which lose about 90% of market value.
Maybe I missed the point of the story. I thought the employer was paying his employees. So if the employee was getting $800 a week, the employer would buy one Eagle($800), pay the employee, who would accept it, knowing it was worth $800.
Smoked?
LOL.
He beat the criminal charges. He still owes every penny of tax, penalty and interest. Plus whatever he paid to his criminal lawyers.
And, he'll probably be disbarred. He's a LAWYER (and an idiot.) Who ought to know better. Of course, this is Louisiana, so who knows.
That entire piece is absolute and total BS.
Why do you post crap like that? Are you a tax-protester? Or just an idiot?
>>That entire piece is absolute and total BS.
Why do you post crap like that? Are you a tax-protester? Or just an idiot?<<
No, just more into civilized discorse than you.
apparently...
Meanwhile, there’s more!
http://www.wnd.com/news/article.asp?ARTICLE_ID=44956
Interesting in different ways.
I also know of a pilot that won on a similar level a few years ago. She had claimed 99 deductions on her w2. Her case was simple: Show me where, in the code, it says my wages are taxable and I will gladly pay. They didn’t so she didn’t. They (the IRS) took her to court. She won.
The case is building...
Actually, you seem to be the only one defending the IRS on this thread so far.
The employer and the employee were telling the IRS they were earning $50/wk. and paying taxes on $50/wk.
yitbos
Why do you hate us?
My daughters best friend is really smart (book smart, that is). She became an IRS agent out of college a few years ago. She was fairly quickly promoted to a position where she is one of the ones that shows up at a business to enforce a search warrant and confiscation of records.
Intersting thing is that part of her training was done on a firing range. She wears a kevlar vest and carries a handgun to her “appointments”.
I thought the Snipes trial was about Darwin and monkeys, what’s up with that?
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