You Should Just Hang Up On IRS Collection Calls, Legitimate Or Not
If you want to be a good citizen and a good person, you should pay the balance due if there is any way that you can. If your account is getting turned over to these collections folks though you either have a different view of tax than I do or you really can’t pay. In either case, the fact that your balance is growing because of interest likely does not matter, because people in your situation end up paying based on reasonable collection potential rather than the “correct tax”, which is of academic interest. So treat the callers from CBE Group or whichever of the gang of four happens to have your account the same way you treat the guys calling from Mumbai. But watch your mail and tell the IRS when you move.
Trump Tax Proposal And Art Of The Deal
It looks to me like the essence of the plan is to reduce as far as possible the taxes paid by people whose income is derived from capital, particularly when you include repeal of the estate tax. If you think we have income and wealth inequality now, give it a decade or so under this new regime.
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Over and over again courts have said that there is nothing sinister in so arranging one’s affairs as to keep taxes as low as possible. Everybody does so, rich or poor; and all do right, for nobody owes any public duty to pay more than the law demands: taxes are enforced exactions, not voluntary contributions. To demand more in the name of morals is mere cant.