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Looks guys.., why start calling names.., I mean, does it make your stance
any stronger..?? Frankly, this tread started out with the question of buying an aircraft and paying a tax. Both of you (and the other bystander) have moved the subject over to a discussion of an "income" tax, as apposed to a simple fee, licensing, and/or a property tax issue.., and you are correct..! However, the subject of whether an "individual", as opposed to a "business".., has a "liability" to pay a tax on the smiple purchase and operation of an aircraft is getting your balls in an uproar. True again, the 16th amendment (as ratified.., another subject?) does give congress the authority to levy and collect a tax on "incomes", but "income" in this case is NOT derived from the purchase or ownership of an aircraft..., unless it is used in a business..!! Oh, and by the way, I have a copy of the incorporation papers for the IRS in the state of Delaware in front of me as I write (smile) which gives it some authority to act as an "agency" with limited powers to collect taxes with regards to alcohol, tobacco, and firearms since it's realignment with the DEA, BATF some years ago. Please keep searching the IRS code for the definition of "income"..!! Now.., back to the subject 45 treads back..., and no name calling..!! |
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