Nomenclature in the art of political entities purposely confuses ‘Fed’ using it interchangeably between Federal Government and Federal Reserve Bank. By the headlines, you can never be sure which one is being referred to while both are in effect taking the blame.
And TopQuark, what are you talking about? Just trying to confuse the issue? I suggest you wrap your mind around the legal definition of ‘income’ before you start in on taxation. I can see very well where, the argument that labor is worthless and compensation is a gain when applied to work ethic, in your case.
Not at all. I am only asking for clarifications, being confused myself --- by the nonsense spewed by Ron Paul and his conspiracy ilk.
"I suggest you wrap your mind around the legal definition of ‘income’ before you start in on taxation."
It's poor manners making a suggestion such as this without giving at least the essence of the answer.
I am not aware of a universal "legal" definition of income: lawyers tend to define such things in the preamble to each document. For the purpose of the discussion at hand, the economic definition It suffices for me know that income is a change in wealth.
"I can see very well where, the argument that labor is worthless and compensation is a gain when applied to work ethic, in your case."
Sorry I could not decipher the thought you were trying to express.