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Thread: Pete HENDRICKSON's Lost Horizons - Solutions?

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  1. #11
    Quote Originally Posted by Rock Anthony View Post
    In my opinion, for those that accept that the various income taxes are actually excises levied on the activity of banking within the Federal Reserve System:

    Pete's book doesn't provide much, if anything at all, that is useful because:
    If you bank within the FRS, then Title 26 applies to you. Pete's book is not going to help you.

    If you do not bank within the FRS, then Title 26 does not apply to you. Again, Pete's book is not going to help you.
    I have read Pete's book from cover to cover. I was almost convinced, but there were just a few things that didn't sit well with me - prosecution and conviction of Pete.

    His methods just do not work. And now I know why.
    I would definitely appreciate some feedback regarding my past (and current) experience with CtC - particularly since finding this amazing site! For the past 3 years I have filed a 'CtC-educated' return - owning a business (medical practice), I have rebutted any 1099-misc that was reported. I have not had any problems with the "Service" - they have even sent a refund of monies that were withheld because I refused to submit a W-9 to one particular company. I didn't even ask for any type of refund. For the past three years, the total of 1099's submitted has usually been below $6K. With the present law now requiring 1099-K's (from credit merchant companies), the Service is now going to receive "false-evidence" of a much larger amount of "income" (since many patients pay with credit card). Of course, if I follow my past filing strategy, I would simply rebut these 1099-K's. However, the 'Service' is now going to see a much larger amount of "income" relative to my past three years of filing, and I have some concern about this. I wonder if they have left me alone because the past 1099-misc amount has been so low, or have they actually followed the law in my case (which is quite possible due to the high profile nature of CtC returns)? Since recently learning the information from David and this great site, I am now demanding lawful money and I will file a notice with the USDC (as was suggested in another thread)! Does anyone have any OPINIONS (not legal advice!) as to how how they might proceed if confronted with similar circumstances as April 17 approaches? Is there a way to "protect" myself if I file as I have been (given this new found lawful money knowledge)? My other thought is to file a "standard" return, pay the extortion (ugh!), and move forward from this point armed with my demand for lawful money. I really can't stand the thought of feeding the corrupt, immoral gravy train a single penny though! Any insight would definitely be welcomed and appreciated. Thanks, Hugh.
    Last edited by Gregory Harold; 04-03-12 at 04:22 PM.

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