Are the millions of small business owners that don't pay themselves wages, are their incomes reported to the government?Yes.
`SEC. 903. WAGES TO BE REPORTED TO SOCIAL SECURITY ADMINISTRATION.
`(a) IN GENERAL- Employers shall submit such information to the Social Security Administration as is required by the Social Security Administration to calculate Social Security benefits under title II of the Social Security Act, including wages paid, in a form prescribed by the Secretary. A copy of the employer submission to the Social Security Administration relating to each employee shall be provided to each employee by the employer.
`(b) WAGES- For purposes of this section, the term `wages' means all cash remuneration for employment (including tips to an employee by third parties provided that the employer or employee maintains records documenting such tips) including self-employment income; except that such term shall not include--
`(1) any insurance benefits received (including death benefits);
`(2) pension or annuity benefits received;
`(3) tips received by an employee over $5,000 per year; and
`(4) benefits received under a government entitlement program (including Social Security benefits and unemployment compensation benefits).
`(c) SELF-EMPLOYMENT INCOME- For purposes of subsection (b), the term `self-employment income' means gross payments received for taxable property or services minus the sum of--
`(1) gross payments made for taxable property or services (without regard to whether tax was paid pursuant to section 101 on such taxable property or services), and
`(2) wages paid by the self-employed person to employees of the self-employed person.
Again, -- it would be entirely voluntary to report your income. Granted, no reported income, no SS benefits later on.
Honesty outlives the lie. It always has. It always will.
Your Nightmare: Honesty outlives the lie. It always has. It always will. 348 -- today
Yes... If they don't they won't get their full Social Security benefits. The SSA won't know how much to give them without their wages.
If a person chooses to collect social security. The purpose of the clause is to ensure that people may retain their social security benefits by paying into social security..
It says "shall," not "may." Doesn't sound like it's voluntary to me. 353
Te Social Security Administration (SSA) retains the regulations for whether a person must report their income to the government. The clause you referenced is subordinate or secondary to SSA regulation.
Thankfully President Bush understands that people need the right to chose social security, or not.
"Honesty outlives the lie. It always has. It always will." -- Zon 10/05/2002 -- 12
It most certainly appears that you want the government to force people to report their incomes to government.
I don't.
The government has no business knowing what my income is.
The primary cause for the government to force people to report their incomes is so politicians and bureaucrats can continue receiving unearned/usurped paychecks. A secondary cause is to effect manipulation of the people via social engineering.
How specifically you are hitching a ride on their coattails -- what your vested interest is -- you have yet to divulge.
I'm a proponent of individual rights, private property rights and the right to freely chose to enter contracts.
You want to violate one or all of those rights by enlisting government agents to initiate force and fraud against innocent people -- myself included.