William M. Leggett - Page 6

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          689-690 (9th Cir. 1971), affg. per curiam T.C. Memo. 1969-159;              
          Tokarski v. Commissioner, 87 T.C. 74, 77 (1986).                            
               Furthermore, petitioner did not introduce into evidence his            
          Social Security checks or any documents establishing the amount             
          of his Social Security checks.  If a party fails to introduce               
          evidence within that party’s possession, we may presume the                 
          evidence would be unfavorable to that party.  Wichita Terminal              
          Elevator Co. v. Commissioner, 6 T.C. 1158, 1165 (1946), affd. 162           
          F.2d 513 (10th Cir. 1947).                                                  
               Petitioner’s only argument regarding the taxability of the             
          income in issue is a shopworn argument characteristic of tax-               
          protester rhetoric that has been universally rejected by this and           
          other courts.  Wilcox v. Commissioner, 848 F.2d 1007 (9th Cir.              
          1988), affg. T.C. Memo. 1987-225; Carter v. Commissioner, 784               
          F.2d 1006, 1009 (9th Cir. 1986).  We shall not painstakingly                
          address petitioner’s assertions “with somber reasoning and                  
          copious citation of precedent; to do so might suggest that these            
          arguments have some colorable merit.”  Crain v. Commissioner, 737           
          F.2d 1417, 1417 (5th Cir. 1984).                                            
               Accordingly, we sustain respondent’s determination regarding           
          the amount of taxable income received by petitioner.                        
               B.   Self-Employment Tax                                               
               Section 1401 imposes self-employment tax on self-employment            
          income.  Section 1402 defines net earnings from self-employment             






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