Clearing up misconceptions on Income Tax

Did you know:

  1. “Income” tax is a tax on profits not wages or salaries.
  2. When you do work for money it is an even exchange –there is no profit.
  3. You can only give your wages or salary away voluntarily, unless .........
  4. You Deposit Them Into A Bank Account.

The following information is based on New Zealand and American Tax laws. It is the result of many good men’s efforts to find out the truth of the income tax. Many people are either behind bars or suffering relentless harassment from tax departments today because we are told that the payment of Income Tax is voluntary.

However if/when we do not pay it the Tax Department comes down on us like, well, like the Tax Department.

We now know why.