- 6 - 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-employmentPage: Previous 1 2 3 4 5 6 7 8 9 10 Next
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