The enemy within - tax cheats!

Discussion in 'Economy' started by Wry Catcher, Jan 7, 2012.

  1. Wry Catcher
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    Wry Catcher Platinum Member

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    WASHINGTON (AP) -- "People and businesses underpaid their taxes by an estimated 17 percent in the most recent year studied, failing to send the government a massive $450 billion that it was owed, according to an Internal Revenue Service report released Friday.

    The study covered 2006, the most recent data the IRS said was available. The amount of underpaid taxes far exceeded the size of the entire federal budget deficit at the time."

    IRS estimate: 17 percent of taxes owed went unpaid - Yahoo! Finance
     
  2. Wry Catcher
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    Wry Catcher Platinum Member

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    I suppose this thead needs to be suppressed since most of the callous conservatives are motivated by greed and likely part of the enemy within.
     
  3. RetiredGySgt
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    RetiredGySgt Platinum Member

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    And yet what we see from History is No republican nominated for high office failed to pay their taxes, yet many Democrats nominated did, so many that Our Treasury Secretary was accepted even though he did not.

    GO FIGURE.
     
  4. whitehall
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    whitehall Gold Member

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    The assumption is that all money belongs to the government and they only let us use it for a little while. The politicians who created and amended the gigantic convoluted US Tax code weren't that smart. If they were they wouldn't become politicians. When someone smarter than them finds a loophole they cry foul, it's our money. The freaking Treasury Secretary was a tax cheat. He paid back about $35,000 when he was appointed.
     
  5. Wry Catcher
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    Wry Catcher Platinum Member

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    Avarice isn't a condition solely afflecting Republicans and not only Republicans cheat on their taxes.

    Cheating on taxes and the loss of revenue screams for reform, and yet the Congress does nothing.
     
  6. Middleoftheroad
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    Middleoftheroad Active Member

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    Geithner is not a democrat
     
  7. whitehall
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    whitehall Gold Member

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    Geithner ain't a democrat? I've seen politically naive theories before but this takes the cake. You might as well say that Van Jones isn't a communist.
     
  8. bripat9643
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    bripat9643 Diamond Member

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    Keeping your money out of government hands is an act of patriotism.
     
  9. pegwinn
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    pegwinn Top of the Food Chain

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    More reasons to simply enact the fairtax and repeal the sixteenth amendment.

    Keep Romney away from it though. He wants a VAT.
     
  10. Dont Taz Me Bro
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    Dont Taz Me Bro USMB Mod Staff Member Gold Supporting Member Supporting Member

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    Obviously, just like the 5 Obama cabinet appointees who were revealed to have cheated on their taxes and as a result had to withdraw their nominations, except for Mr. Geithner, of course. Running the IRS was his reward for cheating them.
     

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