unpaid taxes for 2006

[Don Quixote]

i find it hard to believe how much exists in unpaid taxes

i am no fan of the irs, but maybe something needs to be, done like allocate more money to the irs to collect unpaid taxes

http://news.yahoo.com/u-taxpayers-owe-385-billion-2006-taxes-irs-195525074.html

 

[Guns Guns Guns]

The "job creators" cosseted by the right seem to be the main culrprits, despite all the tax breaks the Republicans have given them.

Close to 15% of federal taxes -- or $385 billion -- went unpaid in 2006, according to new estimates by the IRS.

84% of the total tax gap is due to under-reporting of income by corporations, small businesses and individuals.

But under-reporting by small businesses and others who report business income on the individual tax return is the biggest single culprit, accounting for more than a quarter of the gap.

The basic W2 working Joe who has money withheld automatically from his paycheck typically has a very high compliance rate.

A net of only 1 percent of wage and salary income was misreported.

Amounts subject to little or no information reporting had a 56 percent net misreporting rate.

And the GOP claims these people are taxed too much?



http://money.cnn.com/2012/01/06/news...source=cnn_bin

 

[PostmodernProphet]

banks feel the same way about unpaid mortgages.....

 

[Guns Guns Guns]

banks feel the same way about unpaid mortgages.....

And this is relevant....?

BTW, are you "only talking to me because there's nobody else on again"?

Insert "Nope" here:

 

[PostmodernProphet]

????.....I was talking to Don, did you say something?....

 

[Guns Guns Guns]

????.....I was talking to Don, did you say something?....

Yep.