What is taxable income? Part 2 of 3

The federal taxing agency are masters of deception and trickery. They have fooled and tricked the populace of America nearly 100 years into paying a tax which most Americans have never owed.

They would have you believe in their lies and “leave the thinking to them.” In fact most of your childhood is designed to make you a “non-thinking” person. You see, when you see your parents stressing out over paying taxes, as I did when I was a little boy, this gets implanted in your subconscious.

Their plan backfired with me though and I did just the opposite. Seeing my dad stress out made me question “Why was he paying taxes in the first place?” People are brainwashed into believing that federal taxes pay for our roads, bridges federal programs etc.


The federal government pays for those things the same way they pay for everything else, by loans from the federal reserve bank!!!


Types of Income Subject to Tax
So the feds would have you believe the following categories represent types of income, which may be subject to Federal/State income tax, as set forth by the IRS:

  • Wages and salaries
  • Tip income
  • Interest received
  • Dividends
  • Business income
  • Capital gains and losses
  • Pensions and annuities
  • Lump-sum distributions
  • Rollovers from retirement plans
  • Rental income and expenses
  • Farming and fishing income
  • Earning for Clergy
  • Unemployment compensation
  • Gambling income and losses
  • Bartering income
  • Scholarship and Fellowship grants
  • Social Security and equivalent Railroad Retirement Benefits
  • 401(k) plans
  • Passive activities (losses and credits)
  • Stock options
  • Exchange of Policyholder Interest for stock
  • Canceled debt
  • Alimony and child support

For a complete list of the types of income subject to tax, they tell you to see the IRS Publication 525 (Taxable and Nontaxable Income).

Income That Is Taxable

Wages, Salaries, and Other Job-Related Earnings ? This may include advance commissions, back pays, bonuses, awards, cash gifts from your employer, fringe benefits, unemployment compensation, and childcare services.

The bottom line:

The chances you owe federal income taxes are slim to none. You have been lied to, cheated and tricked into paying taxes all your life, just as your parents did. If you want to change this you should go to our website where we show PROOF POSITIVE that we have helped our clients to recover money they previously paid to the taxing agencies.

You need to consult with tax professionals to insure you get the biggest refund owed to you. To begin you can send us an email at endtaxes4ever@protonmail.com and visit our website http://endtaxes4ever.com/ for more information

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