I've studied the word "income" for a while, and it is becoming more clear that 'income tax' is a profit tax.
Burton's Legal Thesaurus:
Profits-> income.
The question remains...why are employees that labor for a living, paying the income (profit) tax?
State and Federal income tax is a State and Federal profit tax.... the tax is profit for the State and Federal Government.
Burton's Legal Thesaurus:
Profits-> income.
The question remains...why are employees that labor for a living, paying the income (profit) tax?
State and Federal income tax is a State and Federal profit tax.... the tax is profit for the State and Federal Government.
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