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How can Americans legally reduce their reportable income?
Deal with relatives and trusted friends - that have uniqued skills
Offer to help doing carpentry, etc.
The relative - or - trusted friend - then gives you a “personal loan”
These “personal loans” can be exchanged with others
It will take a bit of fine tuning and keeping “personal loan” records
But it is not illegal to give a relative or a trusted friend a personal loan - with no interest charged
Starve the bastards in DC!
They can not hit you with income taxes if you are below a certain level -
No different actually then the physician swapping services with an attorney or a dentist - or a plumber
A long tradition exists of professionals bartering services or goods
Hey Doc! I got your chicken here - and your car is fixed too!
Can your son do me a favor and stop by and cut my grass next week? Thanks!
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Simplified, it’s the barter system. exchanging goods for goods or for services.