Reply to For those of you cheat on your tax return...

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Perhaps you don't realize this but it is very difficult for wage earners to cheat on their taxes in a material way.  Almost all of your income is going to be reported to the IRS (i.e. W-2, 1099, etc.) so there is very little tax evasion in this income group.  Brokerages track the basis for securities now so that one loophole has mostly been closed unless you've owned securities for a very long time.

The vast majority of tax evasion comes from the 1%.[/quote]

Perhaps you don't realize this but cheating is very common among those paying low/ no taxes. Think about all those tips or cash transactions. Think about highly-questionable benefits or child credits. That's a huge pot of money the IRS could well go after.[/quote]

This. Waiters, hairdressers, cleaners, nannies, babysitters. If they are paid cash, all tax cheats. [/quote]

Oh, please.  You have to make a pretty decent amount of money nowadays before you actually have to pay a lot of income tax.  Even if these folks declared every cent they made, their federal income taxes would be low.  It makes no sense for the IRS to go after them from an efficiency standpoint.  Rich people and corporations dodging taxes are where the money is. [/quote]

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