Unpaid taxes are as much a burden to law-abiding taxpayers as any spending item. People who withhold taxes they owe are stealing from the government in the same way as someone who falsely files for TANF benefits, except the sums are likely much larger. The IRS estimated that in 2001, more than $340 billion in taxes went unpaid, an amount that is roughly equal to 20 times federal spending on TANF in that year.
1) Tax collections should be serious (the IRS must get tough with people who lie and cheat) and it should focus on the people who owe the most money. Only 1 in 20 people who earn more than $1 million a year get audited. By contrast, 1 in 5 people who file for the earned income tax credit (EITC) has their returns reviewed. The most that anyone can cheat the government out of on the EITC is $4,500 a year.
Shouldn't we be going after the BIG fish?
Who's really going to cheat the government out of more money? I think we ALL know the answer to that one...
Thoughts?
2007-12-03
14:26:12
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4 answers
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asked by
It's Your World, Change It
6
in
Politics & Government
➔ Other - Politics & Government
Really? $340 BILLION ($340,000,000,000) in unpaid taxes and you're worried about $4500.00 per family? It would take 75,555,555 families cheating the US government to reach the $340 BILLION dollar figure. That would mean 25% of the US population (300,000,000) would be filing for EITC. Why are you more intersted in going after the little fish instead of the BIG fish?
2007-12-04
02:33:30 ·
update #1