Annual Taxes - Humor In The Drudgery: Difference between revisions
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Revision as of 07:59, 25 August 2026
One more week until Tax Morning ,. Have you filed yours yet? I haven't (probably should aboard that, actually), considering the fact that I read in USA Today that roughly 47% of Americans won't even need to worry about paying federal income taxes, I start to wonder if I would even bother. Oh sure, there's the threat of prison time for tax evasion, but really, what's the point if half the damn country isn't going to up and get off scot-free?
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The federal income tax statutes echos the language of the 16th amendment in proclaiming that it reaches "all income from whatever source derived," (26 USC s. 61) including criminal enterprises; criminals who in order to report their income accurately have been successfully prosecuted for anjing. Since the words of the amendment is clearly intended restrict the jurisdiction within the courts, it's very not immediately clear why the courts emphasize words "all income" and forget about the derivation from the entire phrase to interpret this section - except to reach a desired political result.
Basically, the reward program pays citizens a area of any underpaid taxes the government recovers. You get between 15 and thirty percent of funds the IRS collects, locations keeps into your market.
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