OK to cheat on taxes?

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In a recent IRS poll, 8 percent of Americans said they believe it’s OK to cheat on taxes “a little here and there.”

Meanwhile, 4 percent said it was perfectly fine to lie to the government “as much as possible."

http://www.thedailybeast.com/blogs-and-stories/2011-04-15/tax-return-whats-your-1040-tendency/


Tax evasion has cost the U.S. government $3 trillion over the past decade......every individual tax filer will have to pay an extra $2200 in 2010 tax to "subsidize" the tax cheats...the bulk of tax evasion is being done by wealthy Americans, particularly small business owners like doctors, lawyers and restaurateurs...in estimating the tax gap, the IRS found that the largest share of tax evasion — over 50 percent — was by individuals with business income..."

http://finance.yahoo.com/blogs/daily-ticker/tax-cheats-cost-uncle-sam-3-trillion-cost-173224779.html




 
considering that the cost of getting caught cheating on your taxes is usually an armed IRS team busting down your doors with automatic weapons wanting to kill you and your family, I don't think it's worth it. Of course, the raiding team is only if you're one of the mundanes and not one of the elites.
 
lamewood claims we don't know if he bashed things under bush that he doesn't bash under obama....well....notice how he completely ignored obama's tax cheats...

:)
 
"Render unto Caesar" is my philosophy, morally speaking.

That said, I also believe there is a time and place for tax evasion. But we haven't even come close to reaching that point yet...
 
Ass clowns think deems cheat and repulse don't.
I saw an cnbc special on shoplifting, ten percent of retail goods are stolen. I think the 8 percent is low.
 
Topspin said:
Ass clowns think deems cheat and repulse don't.
I saw an cnbc special on shoplifting, ten percent of retail goods are stolen. I think the 8 percent is low.
Click to expand...

How many democrats in the Obama admin. have had tax problems?

Can you name as many in any other admin?

That said, cheating isn't worth it. Pay your shit and relax. Stress is no replacement for money
 
WinterBorn said:
Nope, not ok to cheat on taxes. It is immoral.
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If it wasn't OK to cheat on taxes the government would not allow it..... would they?
Of course, it depends who is doing the cheating. Multi rich who would not notice the difference to their bank accounts, OK.
Poor people for whom the saving might knock a few of the sharp corners off their lives - definitely NOT OK.
 
Its funny to me how many people make the determination on whether to cheat or not based on the punishment they will receive if they are caught.
 
The Top Five Corporate Tax Cheats

Before pushing grandma down the stairs by ‘reforming’ her Medicare and Social Security benefits out of existence, why not go after these god-awful drains on our treasury? Here are five examples of profitable corporations that pay no or low federal income taxes, yet extract much of their profit margin from the American economy. It’s past time for them to pay, as a percentage of their income, at least as much as the average public school teacher or firefighter in Wisconsin.

Want to balance the budget? Start here:

1. General Electric has made over $26 billion in profits in the past five years, with $5 billion from the US market just last year, on which it paid zero federal income taxes. It’s also received a hefty $4.1 billion refund from the IRS. Despite this generosity on the part of the American taxpayer, over the last nine years GE has shipped one-fifth of its jobs overseas and used every trick available to avoid paying US taxes. This is bringing good things to life? (BTW, Jack Welch, former CEO of GE, is sometimes called the father of modern outsourcing.)

2. ExxonMobil. This oil giant paid no federal income taxes in 2009 on $19 billion in profit, and even received a tidy $156 million rebate from the IRS. How do you get a tax rebate when you haven’t paid any taxes? On what planet does this make any sense?

3. Goldman Sachs paid only 1.1 percent in taxes on a profit of $2.9 billion in 2008, on top of the $800 billion provided by US taxpayers to save them from extinction. Time for another bonus, boys?

4. Citigroup ‘earned’ more than $4 billion in profits last year, yet paid no federal income taxes. Incidentally, like Goldman Sachs, they’re only in business thanks to a generous bailout from the US taxpayer; for Citigroup, that came to a neat $2.5 trillion. Despite this, Citibank continues to raise its fees and specialize in providing poor service to its customers.

5. Bank of America racked up $4.4 billion in profits last year, and received a $1.9 billion refund from the IRS. Since US taxpayers saved BoA from extinction with a $1 trillion bailout, why are they getting a $1.9 billion refund? I’m tired of asking on what planet this makes any sense.

And this is only the tip of our economic Titanic’s iceberg. If we’re going to have any future that doesn’t include our citizens rooting through dumpsters for dinner, these profitable corporations, et al, and the wealthy people who run them, are going to have to pay their fair share in taxes. For some reason, Paul Ryan forgot to include this in his hilarious Republican ‘budget.’

By RS Janes
 
signalmankenneth said:
Before pushing grandma down the stairs by ‘reforming’ her Medicare and Social Security benefits out of existence, why not go after these god-awful drains on our treasury? Here are five examples of profitable corporations that pay no or low federal income taxes, yet extract much of their profit margin from the American economy. It’s past time for them to pay, as a percentage of their income, at least as much as the average public school teacher or firefighter in Wisconsin.

Want to balance the budget? Start here:

1. General Electric has made over $26 billion in profits in the past five years, with $5 billion from the US market just last year, on which it paid zero federal income taxes. It’s also received a hefty $4.1 billion refund from the IRS. Despite this generosity on the part of the American taxpayer, over the last nine years GE has shipped one-fifth of its jobs overseas and used every trick available to avoid paying US taxes. This is bringing good things to life? (BTW, Jack Welch, former CEO of GE, is sometimes called the father of modern outsourcing.)

2. ExxonMobil. This oil giant paid no federal income taxes in 2009 on $19 billion in profit, and even received a tidy $156 million rebate from the IRS. How do you get a tax rebate when you haven’t paid any taxes? On what planet does this make any sense?

3. Goldman Sachs paid only 1.1 percent in taxes on a profit of $2.9 billion in 2008, on top of the $800 billion provided by US taxpayers to save them from extinction. Time for another bonus, boys?

4. Citigroup ‘earned’ more than $4 billion in profits last year, yet paid no federal income taxes. Incidentally, like Goldman Sachs, they’re only in business thanks to a generous bailout from the US taxpayer; for Citigroup, that came to a neat $2.5 trillion. Despite this, Citibank continues to raise its fees and specialize in providing poor service to its customers.

5. Bank of America racked up $4.4 billion in profits last year, and received a $1.9 billion refund from the IRS. Since US taxpayers saved BoA from extinction with a $1 trillion bailout, why are they getting a $1.9 billion refund? I’m tired of asking on what planet this makes any sense.

And this is only the tip of our economic Titanic’s iceberg. If we’re going to have any future that doesn’t include our citizens rooting through dumpsters for dinner, these profitable corporations, et al, and the wealthy people who run them, are going to have to pay their fair share in taxes. For some reason, Paul Ryan forgot to include this in his hilarious Republican ‘budget.’

By RS Janes
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First of all, if you are going to call them "Cheats", please tell us where or how they actually cheated?

Second of all, your comment of "...why not go after these god-awful drains on our treasury?" is bogus. How do these companies drain our treasury?
 
signalmankenneth said:
Before pushing grandma down the stairs by ‘reforming’ her Medicare and Social Security benefits out of existence, why not go after these god-awful drains on our treasury? Here are five examples of profitable corporations that pay no or low federal income taxes, yet extract much of their profit margin from the American economy. It’s past time for them to pay, as a percentage of their income, at least as much as the average public school teacher or firefighter in Wisconsin.

Want to balance the budget? Start here:

1. General Electric has made over $26 billion in profits in the past five years, with $5 billion from the US market just last year, on which it paid zero federal income taxes. It’s also received a hefty $4.1 billion refund from the IRS. Despite this generosity on the part of the American taxpayer, over the last nine years GE has shipped one-fifth of its jobs overseas and used every trick available to avoid paying US taxes. This is bringing good things to life? (BTW, Jack Welch, former CEO of GE, is sometimes called the father of modern outsourcing.)

2. ExxonMobil. This oil giant paid no federal income taxes in 2009 on $19 billion in profit, and even received a tidy $156 million rebate from the IRS. How do you get a tax rebate when you haven’t paid any taxes? On what planet does this make any sense?

3. Goldman Sachs paid only 1.1 percent in taxes on a profit of $2.9 billion in 2008, on top of the $800 billion provided by US taxpayers to save them from extinction. Time for another bonus, boys?

4. Citigroup ‘earned’ more than $4 billion in profits last year, yet paid no federal income taxes. Incidentally, like Goldman Sachs, they’re only in business thanks to a generous bailout from the US taxpayer; for Citigroup, that came to a neat $2.5 trillion. Despite this, Citibank continues to raise its fees and specialize in providing poor service to its customers.

5. Bank of America racked up $4.4 billion in profits last year, and received a $1.9 billion refund from the IRS. Since US taxpayers saved BoA from extinction with a $1 trillion bailout, why are they getting a $1.9 billion refund? I’m tired of asking on what planet this makes any sense.

And this is only the tip of our economic Titanic’s iceberg. If we’re going to have any future that doesn’t include our citizens rooting through dumpsters for dinner, these profitable corporations, et al, and the wealthy people who run them, are going to have to pay their fair share in taxes. For some reason, Paul Ryan forgot to include this in his hilarious Republican ‘budget.’

By RS Janes
Click to expand...

I imagine they get a great deal of tax breaks.

Corporations have steadily been a smaller and smaller part of the total revenue pie in the US (in the 40's, they paid as much income tax as individuals, these days they pay about a fifth of what individuals pay), despite the nominal rate remaining steady. It's not surprising that some don't pay any taxes.
 
Since the government cheated by usurping the Constitution, then it is fair play to evade taxation whenever possible.
 
I just prefer to simply do it right so I don't have to worry later. The few dollars I would "save" by cheating are never worth the peace of mind simply doing it right buys you.
 
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