Comments on: How To Shrug — A Legal Tax Protest That Might Make A Difference

By: Gaylen Robison

Gaylen Robison — Mon, 23 Mar 2009 00:38:23 +0000

When the Government causes inflation due to deficit spending (printing paper currency that is not backed by something of intrinsic value), our money becomes worth less. That represents a loss of profit value. That is clearly a legitimate reason to deduct that loss on a tax return. You can find the true Inflation Rate, month by month, online, to determine the monthly rate of our losses. Looks like we will have some large deductions now.
Is there any question now as to why Gold and Silver was determined by the Founders of our Constitution to be the best way to back our money and preserve our property rights and other natural liberties?

By: The Liberty Papers »Blog Archive » How Effective Would Reduced Withholding Be?

Wed, 11 Mar 2009 19:33:09 +0000

[...] Dave C: Rangel Rule.. write that on your return and you are covered against any fines levied against you.. [...]

By: Dave C

Dave C — Wed, 11 Mar 2009 14:01:31 +0000

Rangel Rule..

write that on your return and you are covered against any fines levied against you..

By: Robert Bell

Robert Bell — Wed, 11 Mar 2009 01:21:03 +0000

I’ve claimed the maximum number of dependants for years…the idea of lending Uncle Sam money, interest free, never really appealed to me.

By: Below The Beltway » Blog Archive » So You’re Thinking About “Going Galt”

Tue, 10 Mar 2009 21:25:26 +0000

[...] at The Liberty Papers, Brad Warbiany suggests you put your money where your mouth is: Tax day is coming up. Assuming your earnings are pretty similar to the previous year, it’s pretty [...]

By: Another Way To Protest « Justbkuz

Another Way To Protest « Justbkuz — Tue, 10 Mar 2009 21:14:53 +0000

[...] March 10, 2009 in Can’t Stop The Signal | Tags: tax protest, Taxes No tea parties being held near you, or not into that? Don’t own a business, but want to make your own going Galt statement? Make a perfectly legal statement to the government that will get their attention by having a W-4 party: [...]

By: aNON-E-MUS

aNON-E-MUS — Tue, 10 Mar 2009 20:08:17 +0000

Ha. OK, anyway…. I actually underwithheld one year by more than the 90% taxable rate. It was based on uncertainty related to changing jobs. When I received all my forms (sometime in February I received the last one) I wrote the IRS a conciliatory letter along with a check that brought me up to the 90% level. Then I mailed in the final 10% on April 15. No penalty.

Obviously, there’s a little more risk involved with this if you’re doing it intentionally. Good luck. :)

By: Brad Warbiany

Brad Warbiany — Tue, 10 Mar 2009 16:38:14 +0000

Diffus, The IRS has a calculator, and I think as long as you are within the 90% of 2009's withholding, you'll be okay. From here: "“Most taxpayers will have paid enough tax to avoid this penalty if they have paid at least 90% of the tax shown on the return for the current year, or 100% of the tax shown on the return for the prior year, whichever is smaller." So if you set it to 90% of your expected 2009 tax burden, you should be okay.

By: David Gross

David Gross — Tue, 10 Mar 2009 16:34:25 +0000

That’s a good start, but it’s really too timid, don’t you think? The times call for something a little more bold. Why not take a page from the war tax resisters, who have been doing this sort of thing for years now and know how to navigate the risks pretty well (see for instance http://nwtrcc.org/).

You can eliminate your income tax legally and by-the-book — not by using some weird crank “sovereign citizen,” “there is no law” sort of theory, but simply by keeping your income below the tax line and using legitimate deductions and credits.

Here’s how one tax resister does it: http://sniggle.net/Experiment/index.php?entry=howto

By: Diffus

Diffus — Tue, 10 Mar 2009 16:09:52 +0000

Last time I checked, the rule was that, to avoid a penalty, the total of withholding, quarterly payments and any additional payments you choose to make must equal 100% of the previous year’s tax liability or 90% of the current year’s.

Also, you can’t get around this by paying in nothing throughout the year and loading up with a payment on December 31. The IRS will assess a penalty if you haven’t made at least quarterly payments during the year.

By: The American W-4 Party | QandO

The American W-4 Party | QandO — Tue, 10 Mar 2009 14:44:18 +0000

[...] For the full instructions, read the whole thing. [...]