I just had to bark about tax evasion since today is tax deadline. I was watching CBS Sunday Morning and the reporter said that only 85 percent of the tax money owed is collected. That leaves 15 percent going into the pockets of tax cheaters. The IRS estimates that's a $385 billion shortfall in revenues, over $3 trillion unpaid taxes in the last decade. Don’t you think that kind of money would help against the deficit? But instead, those of us who are honestly paying our taxes have to make up the difference by paying higher taxes. And then the tax cheaters just avoid those taxes too. Something is wrong here.
And take a guess at who the tax cheaters are:
a) The poor
b) The middle class
c) The rich
If you guessed C, the rich, you’re correct. IRS Commissioner Douglas Shulman says it is people who make a lot of money and have complicated returns who cheat on their taxes. The fraud includes multi-million dollar offshore accounts to fudging the numbers all because the tax code has become so complex there are more opportunities to cheat.
I don’t know about you, but that frustrates me no end. If you find this annoying, let me hear from you. Let’s spread the word of our discontentment.
Cindy A. Christiansen
Sweet Romance, Comedy, Suspense…and Dogs!
Fly into good book today: http://www.dragonflyromance.com
Copyright (c) 123RF Stock Photos