Quote Originally Posted by Treefarmer View Post
Hello realname Welcome to the forum.

I highly recommend you read this somewhat lengthy treatise, while you pay your income taxes on your W-2 "income" conventionally, to save yourself much agony and expenses in the future.

Even though you can redeem your paychecks for lawful money AFTER you receive the "taxable income", you still owe the income taxes because you signed W-4s, which result in W-2s, which means that you are receiving "taxable income" as far as the IRS is concerned.

So-called lawful money returns are still new to the IRS right now. Give them about 2 years and watch what happens.

They have 7 years to mess around with a return you file for any given tax year.

Just because they issue refunds for a while doesn't mean that "it worked".

The IRS will demand those refunds back later, plus penalties and interest, and with frivolous filing fees piled on top.

I don't mean to put a damper on your enthusiasm, but after experiencing the HENDRICKSON disaster, I would hate to see more people fall into this trap.

Lawful money is real, it exists, but unless you are being paid in cash or coin, you are not getting lawful money.

If you signed W-4s you volunteered to be a taxpayer-slave via the trade or business scam.

Please be careful.
The real rub here is that filling out the W-4 Form is a mandatory part of employment in America. If the employer fails to collect the W-4 Forms from all the employees there can be fines and other penalties for the employer.


Quote Originally Posted by Treefarmer View Post
Keep in mind that the term "lawful money" does not exist in the IRC.

The word lawful occurs about 3 times or so, but not in connection with money, and money is mentioned many times, but not in connection with lawful.

I suspect that the reason for this is similar to the reason why footballs are not described in the rules for tennis or golf: different ball game.

If the IRS is involved in any way, then lawful money isn't.

The IRS has nothing to do with lawful money and doesn't know what that is (not that it will admit to anyways).

My advice is to stay away from lost horizons; there's a reason why they are lost.
This reminds me of the LOST TV series. I watched the entire six seasons only to find that it was a post-death hallucination - all of it! It was a remake of Occurance at Owl Creek Bridge, and Jacob's Ladder in my opinion. Beware the linguistics of anything LOST!


Quote Originally Posted by realname View Post
Finished watching David Merrill’s movie again (3rd time I believe). It is fascinating how information in the movie gets more and more clear with each view (admitted I did quite a bit of reading in between). It is like a sponge, which takes water very slowly at the beginning then faster and faster with each passing second. Seems like I am a very “dry sponge” hopefully, will get wet enough at end – and there is not observable final degree of wetness. Assuming that I am swimming in the clean/pure water and not in a toxic swamp.

Getting back to the topic though. The fact that I am involved in “trade or business” and federal employee (signature on W-4) doesn’t prevent me from demanding lawful money, use them and pay NO fee/taxes on them. I might not be able to declare withheld money as lawful, but what was given to me (thanks IRS for not withholding 100%. IRS it is not a tip) and not bound by signature/converted to lawful money are mine to deduct (seems to be an incorrect word but cannot come up with a better one) from the “income”.
Thank you for the video commentary. It has prompted me to Review of My Videos - new threads coming soon. I know there are things I have confirmed as well as am embarrased to have said. Like with HENDRICKSON that is a problem about publishing where you are at that time, when life is a learning process.

The evolved comment in your second paragraph Realname, is that we can be full-fledged State Banks and still make our demand for lawful money. That in fact is who (what) the remedy is intended for - state banks who have been issued Federal Reserve notes. There are suitors earning over $100K/year gainfully employed.


Regards,

David Merrill.