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you have to have complete dominion over the accession
to wealth.
Complete dominion means you have to have some
guarantee that you will be allowed to keep the money.
That means at the end of the year you have to have the
entire amount in your possession.
* * * * * * *
These something that just occur on a daily basis
in the performance really of the job. Like, you know,
I do a lot of work with my eyes, my eyes get tired, I
use Visine, you know? Or develop headaches, you use
aspirin. So there are, I believe, expenses that result
in a reduction of the gross revenues.
* * * * * * *
So overall, I don’t believe I’m really liable to
anymore income tax because I didn’t have, based on my
calculation of my liabilities, future liabilities. I
didn’t derive taxable income that was in my complete
dominion, and of course, the money that I loaned to a
corporation for business purposes.
Petitioner persisted in his frivolous claims despite the
Court’s attempts to determine whether he had any properly
deductible items. Petitioner rejected the Court’s explanation of
the error of his assumptions, which had been addressed in cases
such as Reading v. Commissioner, 70 T.C. 730, 733-734 (1978),
affd. 614 F.2d 159 (8th Cir. 1980). Petitioner instead insisted
on quoting, out of context, various Supreme Court cases, stating:
“That’s the law. The Tax Court cases do not represent the law.
They are not binding on individuals or even the agency.”
In addition to claiming reliance on a hodgepodge of
quotations from Supreme Court cases, petitioner cited various
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