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Originally Posted by ezrhythm
[b]In other words, said the Supreme Court, in order for there to be "income", there MUST be profits or gains received in the exercise of a privilege granted by government.[b]
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The Supreme Court has never said any such thing. In fact, it has said the exact opposite:
“But natural rights, so called, are as much subject to taxation as rights of lesser importance. An excise is not limited to vocations or activities that may be prohibited altogether. It is not limited to those that are the outcome of a franchise. It extends to vocations or activities pursued as of common right.” Charles C. Steward Machine Co. v. Davis, 301 U.S. 548, 580-1 (1937) (footnote omitted).