Tax cheats: The 11% who don't fear the IRS
These respondents told the agency as much to its face, but budget cuts and public distrust of its enforcement tactics won't make it easy to stop them.
Thinking about cheating on your taxes but just waiting for some sort of sign that it'll work out. Well, 11% of your neighbors say go for it.
The Internal Revenue Service Oversight Board released the results of its telephone poll on Tuesday and discovered -- as it has for several years running -- that roughly 90% of Americans plan to play it by the book this tax season.
These are the kind of folks who'll spackle and paint over every hole in the wall before moving, bring a fistful of singles to a bed and breakfast just in case it has an honor bar for snacks and count every item in their shopping cart before selecting a checkout lane. They're the "cross on the green, not in between" folks.
Then there's the other 11% -- who openly plan to cheat "a little here and a little there" or "as much as possible," according to the survey. These are the folks who ride helmetless on motorcycles or fly in small planes even though they know what happened to Buddy Holly, Richie Valens and The Big Bopper. The risk-takers.
While it's still somewhat surprising that any of the 1,500 people surveyed voluntarily tell the IRS that they plan to cheat, general disdain for the tax man's seemingly arbitrary enforcement habits isn't a new development. While 43% of those surveyed said they think the IRS maintains a proper balance between enforcement and taxpayer service, 30% said the agency devotes too many resources to enforcement.
The IRS claims it audits only 1% of all returns. Last year, The Atlanta Journal-Constitution noted that budget and staff cuts at the IRS would mean fewer audits. This year, Business Insider cited TurboTax while claiming that people making more than $1 million were eight times more likely to be audited than anyone else. And Accounting Today notes that whistleblowers are far less likely to help the IRS find audit targets than they've been in the past.
IRS cutbacks mean less customer-service help for those on the straight-and-narrow, and fewer audits mean potentially less tax revenue for everyone. Both also mean folks in the IRS phone survey have little to fear in telling it like it is.
They're the 11%. They're cutting corners, and they're just daring the understaffed, underfunded IRS to do something about it.
cheat all you can the illegals are doin it for years no taxes, they drive nice cars and buy homes with cash what america its illegal america , born and raised here i never got one break on taxes but i can come here from mexico and break the law and pay no taxes but thats ok mr obama says id like to move to another country and do that but id be put in jail for breakin the law and throw the key away
Anyone dumb enough to answer a phone survey and state that they would stretch or cheat is deserving of an audit. Have they not heard of caller ID.
If you are honest, you have no reason to fear the IRS. Even if you have made an honest mistake or undergoing an audit, if you believe you did the right thing, there should be no fear.
That's not to say you shouldn't fear additional taxes and penalties!
Demos are elected by parasites(tax users). Demos don't care about that. They have their cushy lifetime jobs. Limit congress to eight years.
TAXPAYER 1&SOMEONE: You`ll both be in a better mood when your welfare ckeck
Or how about free Social Security for the illegal's when they turn 65 and they never paid a dime into the Social Security system ever. All they need to do is visit the US use a relative's address and get a SS card, cross the border to return and not stamp their passport and wham. . . they get SS when they turn 65. What a great scan. . . .Taxes are the least of our worries, they are draining us in SS and Medicare. Thank you democarates for making it so easy for them.
Social Security Facts
Franklin Roosevelt, a Democrat, introduced the Social (FICA) program. He promised. . . .
1. Participation in the program would be completely voluntary.
2. Participants would only have to pay 1% of the first $1,400 of their annual incomes into the program.
3. The money the participants elected to put into the program would be deductible from their income for tax purposes each year.
4. The money the participants put into the independent “Trust Fund” rather than into the general operating fund, and therefore, would only be used to fund the Social Security Retirement Program, and no other government program.
5. The annuity payments to the retirees would never be taxed as income.
Which political party took Social Security from the independent “Trust Fund” and put it into the general fund so that Congress could spend it?
Answer: It was Lyndon Johnson and the democratically controlled House
Which political party eliminated the income tax deduction for Social Security? (FICA) withholding?
Answer: The Democratic Party.
Which political party started taxing Social Security annuities?
Answer: The Democratic Party, with Al Gore casting the “tie-breaking” deciding vote as President of the Senate, while he was VP of the US.
Which political party decided to start giving annuity payment to immigrants?
This is my favorite. . . .
Answer: That’s right! Jimmy Carter and the Democratic Party of course!
Immigrants moved into this country, and at age 65, began to receive
Social Security payments! The Democratic Party gave these payments to
them, even though they never paid a dime into it.
Then, after doing all this lying and thieving and violating of the original contract (FICA)
The Democrats turn around and tell you that the Republicans want to take your
Social Security away! And the worst part about it is uniformed citizens believe it!
Copyright © 2014 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
[BRIEFING.COM] The major averages ended the midweek session on a flat note after spending the day inside narrow ranges. The S&P 500 hovered near the 2,000 mark for the majority of the trading day, but slumped to new lows during the last hour of action. The index then returned to its flat line, where it settled for the day. For the third day in a row, participation left a lot to be desired with just 487 million shares changing hands at the NYSE.
Equity indices opened with slim gains, ... More
More Market News
The stock rises 9% after the company reveals strong second-quarter results.
MUST-SEE ON MSN
- Video: Easy DIY smoked meats at home
A charcuterie master shares his process for cold-smoking meat at home.
- Jetpacks about to go mainstream
- Weird things covered by home insurance
- Bing: 70 percent of adults report 'digital eye strain'