Tax Planning For The Risk Of A Bernie Sanders Win
The funniest thing about the tax proposals is that this candidate who is as far left as you can go without getting into Green Party territory is promoting a tax package that would pretty much bring us to the second half of the Reagan administration when it comes to income and estate tax.
Why IRS Telephone Scamming Works
Over the years when I have occasionally run into people who got behind on their taxes, one of the things I noted is that being behind on their taxes is rarely their only problem. It is a symptom of a larger problem. Also they tend to be overwhelmed by the situation and often try to ignore it as much as possible. Many are not proactive and are clueless about what the IRS actually does and does not do in regard to collections. And now thanks to budget cuts, the IRS is not being proactive in pursuing many of them. I think it is likely that the telephone scammers are filling this vacuum. They know that if they call a couple of 100 people that a couple of them will be people who actually do owe back taxes, but only have a vague idea of how much they owe and have no clue as to what their rights are.
Follow Me
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.