Not Written for You: The Income Tax Hidden in Plain Sight
Part 9 of 13 No Chapter for You The Internal Revenue Code organizes its withholding provisions into chapters. Each chapter addresses a specific collection mechanism…
Tag: Finance
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Not Written for You: The Income Tax Hidden in Plain Sight
Part 7 of 13 The Privilege Tax In Part 6, we established that the Constitution permits only two classes of tax: direct taxes, which must…
While the World Sells Bonds, Bitcoin Rises Through It
The world is finding out, all at once, what a government’s promise is actually worth. The U.S. 10-year is sitting near 5.3%, a yield this…
Not Written for You: The Income Tax Hidden in Plain Sight
Part 5 of 13 The Command Nobody Read There are more than two hundred federal taxes. There is exactly one statute that commands payroll withholding.…
Not Written for You: The Income Tax Hidden in Plain Sight
Part 4 of 13 Trade or Business: Official Use Only In many states, government vehicles carry a sticker that reads “For official use only.” That…
Not Written for You: The Income Tax Hidden in Plain Sight
Part 3 of 13 What Are You Signing? You have signed a W-4. You have probably signed a W-9. You signed both without reading the…
Not Written for You: The Income Tax Hidden in Plain Sight
Part 2 of 13 Who Is the “Employee”? From Part 1, we know that when Congress uses the word “includes” in a definition, the listed…
Bitcoin Is the Collateral of the Next System
Bitcoin Is the Collateral of the Next System Washington has stopped pretending that monetary policy sits above politics. Look at the numbers, because the numbers…