Shades of Gray

Congress Trying To Eliminate Income Tax For Themselves?

Posted in D.C., General, House of Representatives, IRS by Wayland Abernathy III on March 22, 2009

Get a load of this little tidbit of information:

SEC. 938. INCOME FROM SOURCES WITHIN THE DISTRICT OF COLUMBIA.

‘(a) General Rule- In the case of an individual who is a bona fide resident of the District of Columbia during the entire taxable year, gross income shall not include–

‘(1) income derived from sources within the District of Columbia, and

‘(2) income effectively connected with the conduct of a trade or business by such individual within the District of Columbia.

Check here for the full text of the bill. Thanks a lot Mr. Gohmert.

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