The Mother of All IRS Scams >>

EPISODE #63

AIRED: 12-02-2017

Shawn O’Connor and Joe Banister explore what Joe in gallows humor style referred to as the mother of all IRS scams, namely the horrifically unjust and illegal IRS practice of treatment of declaring that Americans have a zero basis in their labor, that their labor has no value whatsoever. Shawn and Joe explore how ludicrous the IRS’s argument is that one’s own labor, which the courts have repeatedly ruled is one’s most sacred and inviolable property, has zero value and how the IRS then uses this faulty and deceitful argument to claim that you have derived/realized a 100% taxable gain from your daily labor. Shawn and Joe also illustrate the preposterous IRS zero-value-to-your-labor argument by comparing the way the IRS treats the taxation of the sale/exchange of one’s labor to the way the IRS treats the taxation of one’s sale/exchange of stock or one’s sale/exchange of an old house for a new house or even the sale/exchange of toy trains and garage sale items. Shawn and Joe further urge listeners to tell 10 friends to tell 10 friends about this monumental injustice so that the American people can rise up and put a stop to it.

website: shawnoconnor.org

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