Yes, that’s how I see it. Of course the probable outcome is that the Supreme Court will set down a definitive definition of the term “income”. And we will go on from there.
Of course if that happens then a lot of wiggle room will be taken away from the IRS and Employers and Employees just might come up with a different form of compensation. Now that would be interesting, don’t you think?
“Of course if that happens then a lot of wiggle room will be taken away from the IRS and Employers and Employees just might come up with a different form of compensation.”
You should see how the IRC defines “employee.”