Yes, that's it!
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Direct taxes at the federal level has only been assessed on two objects: real estate and slaves.
Springer v. United States (1880).
I must correct that: Giles Jacob. He was associated with one of the best law dictionaries evarr.
Related: A new law-dictionary: containing, the interpretation and definition of words and terms used in the law: and also the whole law, and the practice thereof, under all the heads and titles of the same (1739)
I don't think so. Here's a direct tax from 1798. http://ctcwarrior.com/lawfuldirecttax.pdf
SPRINGER v. U S, 102 U.S. 586 (1880)Quote:
It will thus be seen that whenever the government has imposed a tax which it recognized as a direct tax, it has never been applied to any objects but real estate and slaves.
Re: slave - perhaps see also employee, servant.
Attachment 2086
Doug, I'm starting to create my supporting schedule based on one of the example templates, but I'm confused. My schedule lays out every entry on the year-end payroll register (see below w/o amounts), with a corresponding column for any Lawful Money reduction as applicable to each (not shown below). If I may ask some questions to clear this up for me, please:Quote:
Doug: 1040, Line 21 has "See Attached" on it right after its description. The TaxACT Program then create a separate schedule that has Lines 1 & 2 available for your use. See example below. The Line 21 amount will always have a preceding dash to indicate a negative amount of "Other income", and it should always be greater than your Gross Income amount, because of adding in the "withholding" transactions amounts that were legitimately presumed by the employer to be provided in the default FRN currency.
1) One Lawful Money reduction would be the total amount of all the deposits made in Lawful Money, correct? In my case this is virtually the same amount as the Net Pay (I missed literally one check - long story).
2) The Fed Withholding is your Gross Pay withheld towards a tax. However, if you redeemed all or virtually all of the Net Pay then the Fed Withholding is not applicable in that sense (a tax). So can some/all of Fed Withholding be added as an offset? See 3 below relative to this...
3) Regarding the text I bolded in your quote above, I believe you are saying that "Other Income" (in this simple example) would be (Net Pay + Fed Withholding). I believe you are saying that "Other Income" should be greater than 'Gross Pay'; or 'Adjusted Gross Income'? How can that be, with all the other non-redeemable deductions in play? Just not seeing it clearly yet.
Sorry for my confusion. This is my first-time RILM and I'm trying to comprehend it overall and relative to filling out the 1040. Any help or clarification is most appreciated.
Sincerely,
IMM
Payroll Register entries...
Gross Pay Regular
Gross Pay OT
Gross Pay Bonus
Net Pay
Fed Withholding Tax
SS Withholding Tax
Medicare Tax
State Withholding Tax
Attachment 2087
See above comments.
There are no NET amounts in above Schedule.
All amounts are from Payroll Register in YTD amounts.
Column 1 minus column 2 = column 3, since the LM demand started about mid-September in this example.