The vast majority of people are familiar with the 1040 Form,
which is an Individual Tax Return form. This is the basic form in which you
take all your account statements and add up the total income it all so suggest
that you are a federal employee. Depending on how much you made in a given
year, you pay a certain amount of tax. Most people are familiar with the Income
section of the 1040 Form in which they report their income from wages on a W-2
Form. You will probably recognize that there is a box on the W-2 for reporting
income earned from employee wages, but there are also boxes in which you can
report money that is withheld from you by the employer - i.e. money that
doesn't get added to your income.
which is an Individual Tax Return form. This is the basic form in which you
take all your account statements and add up the total income it all so suggest
that you are a federal employee. Depending on how much you made in a given
year, you pay a certain amount of tax. Most people are familiar with the Income
section of the 1040 Form in which they report their income from wages on a W-2
Form. You will probably recognize that there is a box on the W-2 for reporting
income earned from employee wages, but there are also boxes in which you can
report money that is withheld from you by the employer - i.e. money that
doesn't get added to your income.
We established before how you don't have to pay taxes on
non-income (sales tax and others aside for the moment). Recall also that you
have an Employee Identification Number (EIN) that is the same as your SSN and
this makes you an employee of the State - your job being to act as a trustee
and manage the trust that bears a similar name to yours. Instead of getting
paid in wages, you get paid in benefits, privileges, and services, cutting out
the middle man, which is all money is, really.
non-income (sales tax and others aside for the moment). Recall also that you
have an Employee Identification Number (EIN) that is the same as your SSN and
this makes you an employee of the State - your job being to act as a trustee
and manage the trust that bears a similar name to yours. Instead of getting
paid in wages, you get paid in benefits, privileges, and services, cutting out
the middle man, which is all money is, really.
Now, if you have a checking account, a savings account, and
a credit card account, these are all independent accounts with different
numbers, yet you are the creator of all of them. So they are all part of one
system - your system. You might have these accounts vested in different banks,
and to the bank, it looks like they are gaining or losing when you move money
around, but it's all still under your system. It hasn't actually left your
control. In much the same way, there are many SSNs and EINs, yet they all trace
back to the Federal Reserve, the SSA, and the IRS. It is all one system - the
State's system. They may have their property in the hands of different persons,
and to the individual, it may look like he is gaining or losing money, yet it
all remains under the control of the State. It hasn't really gone anywhere. So
while the rental cars might change drivers, they haven't changed owners.
a credit card account, these are all independent accounts with different
numbers, yet you are the creator of all of them. So they are all part of one
system - your system. You might have these accounts vested in different banks,
and to the bank, it looks like they are gaining or losing when you move money
around, but it's all still under your system. It hasn't actually left your
control. In much the same way, there are many SSNs and EINs, yet they all trace
back to the Federal Reserve, the SSA, and the IRS. It is all one system - the
State's system. They may have their property in the hands of different persons,
and to the individual, it may look like he is gaining or losing money, yet it
all remains under the control of the State. It hasn't really gone anywhere. So
while the rental cars might change drivers, they haven't changed owners.
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