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(WSJ) The use of company-issued mobile phones could trigger new federal income taxes on millions of Americans as a "fringe benefit," spurring efforts by the wireless industry and others to kill the idea.
The Internal Revenue Service proposed employers assign 25% of an employee's annual phone expenses as a taxable benefit. Under that scenario, a worker in the 28% tax bracket, whose wireless device costs the company $1,500 a year, could see $105 in additional federal income tax. READ MORE
Reason number 654,324 to load-shed the godforsaken 16th Amendment and the IRS thereby.
Thursday, June 11, 2009
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Purpose of July 12 movement:
ReplyDeleteWe are attempting to get all Americans who think the way you do to unite through the power of the Web and with one resounding chorus to demand that the government be returned to WE THE PEOPLE! A special site has been set up where Americans can sign a "2nd Declaration of Independence" like the one our forefather patriots did. All of the web groups out there are invited to co-promote and co-sponsor this July 12th movement regardless of the solutions they sponsor. July 12th 2009 has been declared a National Day of Mourning as it is the Centennial of the birth of personal income taxation! Gathering millions to participate in this movement will greatly increase the awareness of our sleeping fellow Americans to our common PROBLEM. Only then will attention be paid to the solutions offered by various groups. Americans Unite! Sign the Declaration at http://www.repealincometax.com/DOM/?T=0612-gajth .