The Brad Weisman Show
Welcome to The Brad Weisman Show, where we dive into the world of real estate, real life, and everything in between with your host, Brad Weisman! Join us for candid conversations, laughter, and a fresh take on the real world. Get ready to explore the ups and downs of life with a side of humor. From property to personality, we've got it all covered. Tune in, laugh along, and let's get real! #TheBradWeisman #Show #RealEstateRealLife
The Brad Weisman Show
IRS Whistleblower to Financial Empowerment: Dr. Sherry Peel Jackson's Journey
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Former IRS agent Dr. Sherry Peel Jackson joins us to reveal her eye-opening journey from the bowels of the IRS to becoming a whistleblower and GOING TO JAIL for financial justice. Dr. Jackson's story sheds light on the pressures faced within the IRS to target mom-and-pop operations harshly, while large corporations often skate by unscathed. Her courageous transformation from an IRS insider to a vocal advocate for tax reform highlights the need for transparency and the audacity required to stand up to such a formidable institution.
Join us as Dr. Jackson unravels the complexities of federal income tax laws and the controversies surrounding their legitimacy. Drawing from her rich experiences and significant court cases, she navigates the murky waters of income tax fraud, challenging the often-misunderstood differences between personal earnings and corporate income. With real-world examples, Dr. Jackson provides a thought-provoking perspective on the ongoing debate about the constitutionality of federal income taxes, fostering a deeper understanding of the challenges and potential avenues for change.
Embark on a journey towards financial empowerment with Dr. Jackson’s KPG system—Keep, Protect, and Grow what you earn. Discover actionable strategies for escaping the "rat race," reducing debt, and investing wisely in hard assets like real estate and precious metals. Uncover how meticulous record-keeping and awareness of audit red flags can secure your financial future. By navigating the tax code for personal benefit, listeners gain insights into achieving financial freedom and confronting the societal issues that stifle economic progress for many. Tune in now to harness the knowledge that could reshape your financial destiny.
"Stick it to the IRS", is the theme of this episode and the name of her book! My guest Dr. Sherry Peel Jackson was once an IRS Agent, and now she questions the legitimacy of it. She refused to pay/file her Federal Income Taxes for 4 years and ended up in jail because of it. She shares "the red flags" to avoid an audit and shares the qualifications that the IRS looks for to work there" - Brad Weisman
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Welcome to The Brad Weisman Show (formerly known as Real Estate and YOU), where we dive into the world of real estate, real life, and everything in between with your host, Brad Weisman! 🎙️ Join us for candid conversations, laughter, and a fresh take on the real world. Get ready to explore the ups and downs of life with a side of humor. From property to personality, we've got it all covered. Tune in, laugh along, and let's get real! 🏡🌟 #TheBradWeismanShow #RealEstateRealLife #realestateandyou
Credits - The music for my podcast was written and performed by Jeff Miller.
From real estate to real life and everything in between, the Brad Wiseman Show and now your host, brad Wiseman. All right, we are back, and thank goodness we're back. I'll tell you what. The reason I'm laughing is that the guest that we have today is just probably one of the most passionate, brave souls that I've had on the show ever. I learned about her through I think through like a management company, and they said you should have her on your podcast and I looked her up and I was like oh my gosh. And then, you know, the last couple of days I've been researching her.
Speaker 1:This lady is unbelievable. She has gone up against the IRS. She actually did jail time because of going up against the IRS. She worked for the IRS at one point. She's a CPA, also a certified fraud examiner, and she's helped over 100,000 individuals and businesses keep, protect and grow their earnings using her proprietary KPG system. She's got 35 years of experience. Sherry is an expert in tax reduction and wealth building. Through her speaking books and consulting, she has shared her wealth of knowledge not to just educate but also create lasting wealth and security. Dr Jackson is the author of impactful books like how to escape the rat race Also with social media of 44,000 people following her. She's just, she's just amazing and I want to bring her on because I want her to tell her story about how she went up against the IRS, who she calls the beast. Actually, how you doing, sherry?
Speaker 2:Hi Brad, Thank you for having me on.
Speaker 1:You're very welcome.
Speaker 2:I actually call them the insidious representatives of Satan.
Speaker 1:That was the other thing. I heard you say this what I'm saying, everything you say, cracks me up. So yeah, what is it the insidious?
Speaker 2:representatives of Satan.
Speaker 1:Insidious representatives of Satan. If I can remember that, I'm going to use that. If you don't mind, I love it. You worked for the IRS. How did you? And once again, it's Dr Sherry Peel Jackson right? And what do you have your doctorates in?
Speaker 2:just before we get started, I have a doctorate in ministry. That's what I thought, yeah.
Speaker 1:That's awesome, that's really cool. And then you also have your CPA and all those other things. Well, I'm a retired CPA.
Speaker 2:I retired based on what we're going to talk about. I got rid of all those licenses.
Speaker 1:Good for you. Good for you. Yeah, your story is amazing. It really is. So let's go backwards. So you worked for the IRS, right, yes and OK. So what was that like working at the IRS? I mean, were you busting people's chops all the time, or what was your position in the IRS?
Speaker 2:We were supposed to be busting people's chops. But you know, I wanted to be fair with the people because what I saw was a disparity where the larger corporations that had CPAs and attorneys, they would get off. You know, they would have a negotiation and then they would, you know, go to appeals and all that. But the poor mom and pop, they didn't have money for an attorney and they were the low hanging fruit. So when I audited them I was trying to be gentle and made sure that they didn't go out of business, because I didn't want to see anybody go out of business.
Speaker 1:No, I can understand. So you had a heart, so you were the. You were the one of the only people at the IRS to have a heart. Is what you're trying to?
Speaker 2:say, yeah, they hire people based on the fact that they don't have a life or they don't have a heart, because they want mean, hard people Get out of here. They were not going to hire me because I had a cold when I went in for my interview and I was talking very low and they said, well, you know you're too soft. And I said, no, I'm not soft. I have a cold, you know, so you have to prove you're not soft.
Speaker 1:It's probably the only job in the world where they say, oh you're, you're not, you're not bad enough, we need you to be really, really mean. Yeah, that is incredible. They want intimidation. That's really what they want.
Speaker 2:Yes, the whole thing is about intimidation. It is. The whole tax system is run by intimidation.
Speaker 1:It's incredible. Now you're not the only one that felt the way after you left the IRS. Now, did you quit? Did you get let go? Did they walk you out the door because you weren't mean enough? I mean what happened.
Speaker 2:I quit the IRS. It didn't have anything to do with me learning that the income tax is being misrepresented and misapplied. I actually, as a Christian mother and wife, I felt like they were getting too much of my time. I was moving up in rank and having to spend much more time on the job than I needed to. My family was suffering. I would be fighting with CPAs and attorneys and come home with a headache and feed my children peanut butter and jelly, and that just was not to be so.
Speaker 1:No, not, not good, it's not a life, that's not the life you wanted. Yeah, and you. That's amazing. So so you get from that. So now, once you get out and I know you also said there's other people that were in the IRS, there's a lot of people shouldn't just say other people there's a lot of people that end up leaving there and realizing that this wasn't really what most people think is going on Like. This is not, they're not nice, they are. They're beating up the people that are giving them the money, which, to me, is just amazing.
Speaker 1:I was always taught if you wanted money, be nice. You know what I mean, but that's not the theory. And they treat us also like we're the enemy. Yeah, you know, I've been on the phone with the IRS. I mean, I know what it's like. They treat you like you're the enemy and it's just not a fun thing. So you go from that, you leave the IRS. Now what makes you go to the next step, which is basically saying to people you know what? I don't know? This is just. This doesn't seem right. Why are we doing this? Why are we spending all this money to the IRS?
Speaker 2:So there were people that I guess were afraid to talk to me about it when I was an agent. But when I left and started my CPA firm, people from all walks of life started to come to me and say, hey, you know what I hear? The income tax has been misrepresented and misapplied to the American people. It was from, you know, people on the streets all the way up to there was a Texas state senator that came to me and said that when we were in a meeting. So I'm thinking to myself you know, there are a lot of different people saying that this is a fraud thing here. So let me, you know, put that in the back of my head. After that, you know, my CPA firm is running and everything. And one of my clients said I need you to talk to this lady. She's giving me all this information. So this lady literally waterhosed me down with information and then two weeks later she said hey, you need to go pick up the USA.
Speaker 2:Today they have an article in their full page ad and it's saying all the stuff I told you a couple of weeks ago. So here we go. I went and found a paper stand and then there was a full page ad by a group called we, the People Foundation for Constitutional Education and it said dear we, the people, the income tax is a a fraud. Within the body of that paper were two things that caught my eye. Number one there was a fifty thousand dollar challenge from a guy named william conklin to prove that we had to file and pay income tax the people that live and work in the 50 states. And then there was another one.
Speaker 2:There was a former irs criminal investigation division agent that had written a report. He took two and a half years of his own time on weekends and in the evenings investigating all these crazy people that said the income tax was a fraud. And at the end of the two and a half years he wrote a report and basically said these people are right and I'm supposed to be with upholding the Constitution. Wow. Well, when he turned in his report they told him you know you need to take a couple of days off to decide whether you're going to drop this thing or tender your resignation, because we're not answering this thing and he took some days off and then he resigned. So he they put the little report in a book and I wanted to get those books. And when I did order the books he called me and said he almost fell out of his chair. So that's, we all started to combine and join, based on the fact that all of us were kind of getting to the same conclusion.
Speaker 1:Wow, and you're doing that individually. It's not like it's, because a lot of times in a conspiracy type setting, you're doing it together, you come together for something and then all of a sudden it becomes. But when you're finding out the same truths all separately and then come back and come together and share notes and you're like, wait a minute, that's what I saw. You know, that's what I saw. And I saw you on another podcast or a show where you said that when you guys would be on the phone at the IRS, they would give you pamphlets. They didn't really give you the laws of what was in the books. It was like, no, no, here's. Here's what we're saying. You need to say or you need to do.
Speaker 2:Right. So we went through several series of training, from the time I walked in the door and all the way up until we left. I left, and these trainings were based on booklets that were put together.
Speaker 1:We didn't have the thick code books or the regulations. They were pamphlets that were put together and you learn the pamphlet and you get what. This is unconstitutional. I don't believe the federal government has the right to collect a federal income tax, which do do any of us actually even know where that's written? Is there a place that that's written that there's federal income tax?
Speaker 2:It's interesting that you say that because there, besides myself, there were several others that were actually prosecuted. One of them was a Shreveport Louisiana lawyer named Tommy Cryer. Tommy Cryer when he went to trial he took a 109 page memo. It was a thick memo and he got a chance to sit there and tell the jury all these Supreme Court cases and state Supreme Court cases that say that income is corporate profits. Tommy Cryer was acquitted three months before my trial. When my trial came up, they sent people from Washington DC to prosecute me. They would not let me use Tommy Cryer's information. Every time I started to talk about the law, the judge would say I will instruct the jury on the law. So when a when a football team Brad is is 100 percent winning and they lose to somebody, the first thing they do on Monday morning is go back to the drawing board and figure out what we need to do not to lose again.
Speaker 1:They look at the tapes. They look at the tapes, they know what they do. Is they cover it and they go. Okay, we know what this quarterback is going to do, we know what this person is going to do. So what they did is they looked at the tapes and said we can't have this happen again.
Speaker 2:Yes, yes.
Speaker 1:Well, the whole system would fold Right.
Speaker 2:So income is corporate profits.
Speaker 1:Income is corporate profits.
Speaker 2:Let me give you an example.
Speaker 2:I think I need to break it down for people. You and I make an agreement that I'm going to cut your grass in exchange for a hundred dollars. I come to your house, I cut your front and backyard. I use my arms, I use my legs and my brain to cut your grass in exchange for the hundred dollars I used my life force. I'll never get that time back Right. So that's an even exchange. And if we flip the coin over to the smallest Walmart in the United States, last you know, yesterday they made a hundred thousand dollars. But they have utilities, they have rent, they have salaries to pay and all kinds of other expenses. And let's say, out of that hundred thousand dollars, eighty thousand dollars of that was expenses. Yeah, they don't pay tax on the hundred thousand dollars that they made yesterday. They only pay tax on the twenty thousand that's left. That's corporate profit and that's what we've learned was taxable, not our life force. Our, our founding documents say we hold these truths to be self-evident that all men are created equal and they have certain unalienable rights.
Speaker 1:I heard you say that before. Is it really unalienable rights?
Speaker 2:It's unalienable. What is inalienable?
Speaker 1:Well, I always thought that I always thought somebody was going to come down a flying saucer. When they say that I mean. I was always like and I just never asked because people are like he's dumb if he doesn't know that. But it's unbelievable, Alenable, Alenable.
Speaker 2:In the original documents there's a U-N, not an A. Now people say they mean the same thing, but words have been used to trick people, Like remember when Bill Clinton was saying it depends on what the definition of is is. Oh, I remember that. So you have to be careful about words. And unalenable. We have God, unalienable rights, and right now they're being usurped.
Speaker 1:Yeah, Interesting, and and it's happening more and more, unfortunately everywhere we're losing our freedoms. Yes, More and more so now um USA versus Sherry Peel Jackson, number 081065111 circuit court 2008. How did that go?
Speaker 2:It was a three ring circus because I didn't get a chance to do the things that well, let's go back. Remember Joe Bannister. Yeah, joe Bannister is the guy that wrote the little the book and, uh, he had a trial first and he was the darling of the tax movement and they just knew they were going to get him. He had a thinking jury. His lawyers got a chance to show video of him teaching people and at least nine times in the video he said because I went out to California and spent two weeks out there for his trial he was saying I'm not telling you what to do, but this is what I learned. I'm not telling you what to do, but this is what I learned.
Speaker 2:They didn't let me show any videos. They didn't let me do any of the things that joe did. They didn't let me do any things that tommy did. Every time I tried to explain to the jury where I came up with the fact that the income tax is being misrepresented, she would shut me down.
Speaker 1:So it was a three-ring circus. You know what's funny. So the jury was afraid. I mean, I mean, I mean I'm, I'm thinking right now I'm gonna get audited again because I have you on the show. I I'm also just open the door right now, give them my wallet, all my paperwork and that's about it. But, um, you know, seriously, people are afraid. And you know what was interesting too, when I saw the actual, I thought I printed it out, but I didn't the docket of that, when it, when it said that you were guilty or whatever, there was a thing at the bottom where there's a statement that basically it was put into that finding or the final finding that is there to scare the crap out of everybody.
Speaker 2:And.
Speaker 1:I forget exactly what it said, but when I read it I'm like oh boy, you know this. No wonder nobody wants to go against this, because it's such a threat to anybody else trying to come up with you know or saying that this is is true what you're saying. You know what I mean. It was. It's incredible, it really is.
Speaker 2:I've come across people that say it I don't care what the law says, I care what the IRS can do to me, and I think that's the consensus for at least 95% of the people in the country.
Speaker 1:Yeah, I agree with you. Oh yeah, it's probably probably more than 95% of people in the country. Let's go moving on. So tell us about the book you wrote how to Escape the Rat Race. What's that about?
Speaker 2:Okay, so you know, of course, the prison thing came along. I hit rock bottom and started to dig. I lost my marriage and everything and I had to start over. So I developed the KPG system, which is keep, protect and grow what you earn.
Speaker 2:And turn that into a book how to escape the rat race for keys to acquire the life of your dreams. There are four things that I did, you know, and they have little categories, but four things that I did to make sure that I got back to six figures again. You know, I was not going to stay down like that. They, you know, my father, always bragged about the fact that he raised me in such a way that if you drop me out of a helicopter in the middle of Siberia on a banana peel, I would still survive and I would thrive.
Speaker 1:And he was right and I don't doubt that you would, I know you would, I can tell.
Speaker 2:Yeah. So basically escaping the rat race includes, first of all, getting out of debt. It includes increasing your income once you're getting out of debt. It includes making sure you're saving and making sure you're investing properly, and so in the book I go through all of those things. You know creative ways to get out of debt and decrease your expenses, and all the way up to investing international investing. I'm a budding real estate investor. Oh cool, I have a property in Costa Rica, internationally, and I saw that on your Facebook page.
Speaker 1:I think, yeah, I saw it, yeah, I heard it's beautiful down there. I've never been.
Speaker 2:It is.
Speaker 1:Yeah, good for you. Now you have an investment property down there. Is it to somewhere? Is that where you go to, just a vacation?
Speaker 2:Yeah, I do rent it out when I'm not there and then I'm building also and that'll also be rental income. You know I like multiple streams of income and that's what I do, yeah.
Speaker 1:Yeah, real estate's the place to do it too. It's some good, there's some good passive income. You don't want to say to people you know they talk about the stock market, talk about everybody else everything else you can invest in real estate is never worth zero. Right, it might depreciate or it might go down, down in value. We'll go back up, it might come back down, but it's never worth zero. And Ron was worth zero after people invested and it went down. You're, you know when the guy, when people lie that are in positions of of CEOs and stuff and the, the companies go under, you're, you're done. You lose everything that you put into it. So, with nice and about real estate is, you're in control of it and it's never worth zero.
Speaker 2:That's awesome. I have no IRAs, 401ks, mutual funds, stocks or bonds at all. I believe in hard assets. Yeah, good for you Real estate is the biggest hard assets that I have. Something that I can hold in my hand, like silver and gold and something I can plant my feet on.
Speaker 1:Good for you. She's awesome, I told you she was good.
Speaker 2:I had a brother. He died when I was 18. So I've been an only child since 18.
Speaker 1:Oh, wow, that's amazing. Sorry for your loss. That stinks. So tell me about um. This is the one I really was into the guide to cutting taxes without risking an IRS audit. What are the red flags for an IRS audit? You, you should, you should know that because as, because, as a self-employed person and also I own partners with I have two partners for Keller Williams here and we're owners and there's a lot of things you have LLCs, you have corporations. You always think about those red flags, like if we do something, even if it's not wrong, but is it a red flag to say, oh, we got to audit these guys? Yes, there's, we got to audit these guys.
Speaker 2:Yes, there are several red flags. Usually they're along the sole proprietor you know they like the low hanging fruit.
Speaker 2:They don't like realtors into the corporations with the attorneys and all that. It's easier on the mom and pop companies. The biggest red flag that people have, I believe, is using round numbers on your expenses. They know that that's a guess. Numbers on your expenses. They know that that's a guess. So, for example, when I used to audit tax returns done by H&R Block and those companies, 99.9% of the time they were adjustments because the people would come into the H&R Block and they'll say, oh, I think my expense was whatever. And all those rounded numbers when you come into an audit. Well, when I would go, because I was a field agent, I would go out to the audit. They didn't have those receipts.
Speaker 2:The major problem that people have in the situation where they're audited is they don't keep the receipts. If you don't keep the records, then it's a gotcha situation. Another red flag is that you have a home-based business, which you know. That's something that we all need to do. Small businesses are the backbone of the United States. Absolutely, we need to have them, but we just need to keep our records. One of the other things that they they look for is excessive travel expenses. They yeah, they look for excessive mileage, those type, those type of expenses that and you know, and there the standard deduction is basically taking away the itemized deduction, so you don't have much of an issue there anymore. When you move up and rank on the IRS, you start auditing like partnerships and corporate C-Corps and S-Corps. It gets a little dicier because you know these people have attorneys and CPAs that basically know how to get around things and that's where the great tax credits come in. But the little people can do it too. They just, nine times out of ten, don't know about it.
Speaker 1:Yeah. So what's interesting? You know, and I always think about this too If you're getting a W-2, it's really hard to hide, it's really hard to get any kind of benefit from the IRS not hide. It's really hard to get any kind of benefit from the IRS. If you're getting a 1099 or you're getting, you know, k ones and things like that, it tends to be a little bit. There's definitely more loopholes or more ways to to save a couple bucks. And it's like I said, nothing's. I'm not saying they're illegal, I'm saying following the rules.
Speaker 2:but you can definitely get you know, some more benefit from that than W2. I don't know, how you could ever save any, how you can do anything. They love the w2 because, again, that the w2 people don't have, but maybe seven. You know deductions, yeah, when you have a your own business or even if you are just, uh, you know you're a 1099 or you can write off everything but the kitchen sink yeah, yeah, exactly so.
Speaker 1:Don't write off the kitchen sink, though, because that's a red flag, though, cause that's a red flag, right, exactly, yeah, that's a red flag.
Speaker 2:Actually, you know, uh, if you're taking business use of home and you do your work in your kitchen, if you have a special area of your kitchen that you do, you can write that off.
Speaker 1:Yeah, we were told as realtors we were. And when you said about the home office, we were told as realtors because we're 1099, we work for ourselves that they always say, yes, you can definitely write off an office in your house, but be very careful because it is a red flag.
Speaker 2:It is a red flag. However, you take your measurements and keep up with everything. Add up your utilities, add up all of that.
Speaker 1:It's a percentage of the house, right, it's really what it is, yeah.
Speaker 2:You have your documents, then you're going to you're going to have a no change audit at the end of the day, which means that they audited you, there are no changes and normally they don't touch you for at least three more years after that If you get a no change.
Speaker 1:Yeah. So, um, I always felt it's pretty much their word against yours and they win. I mean, it seemed that way for me because you know, we fought. I had a CPA, a really well-known one in the area, doing my taxes. But when we, when, when they came up with this thing and it was a it was just a dumb thing and my exposure was only $4,000. So it wasn't like it was a ton of money, that that, that's all they made.
Speaker 1:Extra, which I thought was interesting, they had this person come out for four or five days, I'm thinking. They didn't make any money off of me. You know, think about it like for $4,000, that's, that's that person's, that's their salary or whatever. So when they came out, they were saying oh well, you did this wrong. Well, my account is like. Well, no, the, the, the, the letter of the law says this. And then they're like well, that's your interpretation. I was like what is this? The Bible? You know what I mean? Like everybody has a different interpretation. It was interesting. So it's like it's your word against theirs and you have somebody that's very educated, that's doing your taxes. At the end of the day, the IRS goes no, you're wrong. I mean, that's the way it felt to me.
Speaker 2:Well, I'll tell you a secret. Yeah, that happens, but then if you threaten to appeal, then it things can change, because when it gets to the appeals department then they don't want to take this to court and they usually will acquiesce. Oh, interesting. I've had several cases where the the attorney or the CPA was fighting with the IRS agent and then you know, once they got it to the appeal situation, yeah they, they dread going to court.
Speaker 2:they don't like they don't like to go, yeah interested in dollars for hours, just like you said yep, and they figured that the fight that one wasn't going to be worth it yeah, exactly what was that accountant is no longer my accountant.
Speaker 1:They got fired after that because uh, here's a little quick story. So what ended up happening? My exposure exposure was $4,000, right, well, the accountant firm that was helping me get through this charged me nine grand to fight it. And I said to them I said, wait a minute, if you knew my exposure was 4,000, why did you let me spend 9,000 to fight it? I would have rather just paid the IRS the $4,000 because, now I'm at $13,000 out you know, so yeah they got fired after that, so you have to remember also that CPAs are scared.
Speaker 2:I've had clients, hey, you know, uh, my, my, my accountant told me to kind of hold $5,000 worth of expenses over here to the side, just in case we get audited. And I was appalled.
Speaker 1:Right, right.
Speaker 2:You deserve those expenses. Now they're. They're the ones that are afraid.
Speaker 1:Yeah, yeah, we're all afraid of the IRS. I mean, come on, except for you, we know you're not afraid of the IRS. Okay, so before we get done here, I just want to go through some other stuff. So what are you doing now? You're going out there and telling this story. Is that your passion now is to get the word out to as many people as possible, to let them know that you don't have to pay a ton of money, that you can use the law the way that's written and save some money.
Speaker 2:What I do is I teach people the KPG system. I teach them to keep, protect and grow what they earn.
Speaker 2:So if they're business owners that are floundering because they're drowning in taxes, or highly paid employees that want to escape the rat race. In other words, even if you're making like I've got clients that make over $300,000, but they don't have any deductions. So what I do is help them start a home-based business and you know the real estate or whatever they want to do, so that they will have deductions, cause right now they don't have any. Yeah, yeah.
Speaker 1:So what is your favorite? So real estate's your favorite. So if I came to you right now I say look, I'm making $300,000 a year, it's all W-2'd, I have my house right off, that's it. My taxes are not that high my income, property taxes and what do you suggest? You say go buy some real estate, or is that what you would say?
Speaker 2:Well, there are different things. A real estate professional you get to write off the passive income again. It turns from passive income into active income when you get that write that off. Also, short-term rentals can get you more write-offs and the depreciation from all that. So, yes, there are several things that surround starting some kind of a business.
Speaker 1:Yeah, do you hear they're talking about trying to get rid of the 1031 tax exchange?
Speaker 2:No, I did not.
Speaker 1:Oh yeah, it's a bill. That's a bill. That's a bill in congress. It's a bill in congress. Yeah, if that gets passed, it's bad news, that's bad well, the unrealized capital gains is even worse oh, yeah, oh, that would. That to me blows my mind. So we're going to get taxed. We're going to get taxed on something I don't even see, I don't have are you going to give the people losses?
Speaker 1:if they, if they that's what I keep saying if your stock goes down afterwards, let's just say, in 2024, I make fifty thousand dollars on my, on my stock gains or on my you know 401k, whatever it is right. So I pay tax on it that year. So the next year it drops by 50. Do I get it back right?
Speaker 2:I highly doubt that anything that says it does. So that's the whole thing. You know they're just making up stuff and it's you know. The bottom line is people need to decide what they're going to do for themselves and family. I personally don't want all of my resources taken away by the insiders representatives and so what I do is I make sure that you know all of my ducks are in a row and that I use the tax code. The tax code is written for businesses. We learned that when Hillary Clinton and Donald Trump were debating in 2016,. She said Donald Trump didn't pay his taxes and everybody sucked all the wind out of the room. The man said I'm a smart man. Well, he's a smart man.
Speaker 1:He's a very smart man.
Speaker 2:You know. So he knows how to use the tax code for his benefit, and that's what I teach people also.
Speaker 1:And that's the part that they. They victimize people when they use the code that they wrote. Yeah, I mean, they wrote the code. If it's legal and I don't have to pay tax that year because of the code you wrote, why are you victim? Why are you making? Why are you making a jerk out of me? It doesn't make sense, right? It's not right. It's just definitely again, you know, what I really like, too is I want you to do this. You did a really good impression of the judge. Okay, that sentenced. You can do. You remember what you said on that. I think I'll never forget that, you know, because you do the southern accent and everything yes, yes, he was a southern judge and after they came back with the four counts on my mind.
Speaker 2:You, brad, is a misdemeanor charge.
Speaker 1:I got how did you get four years for misdemeanor?
Speaker 2:four years, because there were four years that I made six figures and I didn't file the tax returns because I was keeping what I earned Right and they, instead of doing them concurrent, all at the same time because it was only one charge a willful failure to file, which is a misdemeanor.
Speaker 2:Yes, they did in consecutive and they gave me a four year sentence and then when we went to sentencing, the prosecution asked for an upward departure. So I got more time than the normal. Time would have been Unbelievable Because they called me a subversive or whatever it was. But she said to me after you know I'm arguing, you know because I fired the attorney and I'm arguing for myself, with the help of some other people that put some paperwork together and she looked at me and she says I know you homeschool your shield at me and she says I know you homeschool your shield on this, jackson, and I know you got a lot of family support, but you can't run around the country telling people not to file income taxes. And I looked at her in the face and I said I've never done that because I've never done that. We never told, we never had to never tell people to file or not to file, or pay or not to pay. We were just sharing the information that we learned concerning the income tax.
Speaker 1:Yeah, and then they make their own decision. Right, we're all adults. I mean, nobody can ever force you to not file your income taxes. Nobody can ever force you to not pay your income taxes. We're adults, we give the information. It's like anything else you know, you give the information, you make the decision that you need to make from that, and that's why I wanted to bring you on here is because of that. I wanted to get the, the get this idea. It's an idea and it's a conversation that I think needs to happen, because if we don't have people like yourself starting to but the system or or just say you know, let's think about it a different way, you know, I think they will tax us to death.
Speaker 2:They really will. I mean, look at how the country started Taxation without representation.
Speaker 1:Yeah, right back there again.
Speaker 2:Yeah, he's representing me. Well, in my thing too, I won't get out my soapbox about the things that are going on in this country. You all, you all know that. But that's not representing me at all. As a matter of fact, it's draining my pockets. I need. I need to have myself and my family in a position where we have a great life, just like the Federal Reserve owners and the others.
Speaker 1:Yeah, yeah, absolutely, absolutely. Yeah, it's unbelievable. So I'll tell you what we're going to have to wrap it up, but I really, really enjoyed our conversation and I'm excited about having you on again sometime. How's that sound? Yeah, that'd be great. That'd be great, awesome, awesome. All right, well, I'm going to say goodbye. Thanks so much. All right, there you have it. That was a great show. She was amazing, right, dr Sherry Peel Jackson. She was an IRS agent and retired, and she is just incredible. We'll be back again next Thursday 7 pm. Thank you so much.
