Barsoom gets a vote?
Great bill. Just write “Rangle Rule” on the return and you don’t have to pay interest and penalties. Never heard of this congressman before, but I like this guy!
I just called his office to thank him.....
Will never happen - but I respect him for coming up with the idea!
So you are cheating if you don’t pay your taxes. What if you don’t have the money to pay the taxes? Maybe all the other TAXES and fees the government charges make it impossible to do so. I have employees who can’t pay their taxes because they needed the money for other things, life emergencies, taking care of a sick family member, etc. Medical deductibles, or medical and dental care payment for the uninsured. Deductions don’t cut it.
I am all for this rule. The government should not profit from you having trouble paying. And for those who willfully don’t pay, well, personally i think we should all stop paying taxes because WE HAVE NO REPRESENTATION anywhere. The government feeds itself and thats all they care about.
Eliminate Income taxes and institute a national sales tax and all these problems go away. Exempt food, and healthcare from taxation.
And my Congressman, Paul Kanjorski, is one of Rangel’s buds: http://www.youtube.com/watch?v=oe0iDqPiGiw
Representative Carter is my Congressman. If there were more like him this would be a better country.
Excellent proposed law. Until then:
Maybe, we should start reporting these obviously illegal tax evasions by rats to the IRS and to the following site.
Former IRS Attorneys for Tax Whistleblower Rewards
Tax Whistleblower Reward Program
The United States of America Will Pay Huge Rewards to Anyone Who Exposes the Under reporting of Tax
THE PROBLEM: Billions of Dollars in Unpaid Taxes
In the United States of America, a small percentage of taxpayers (i.e., individuals, businesses, trusts, and estates) underreport and fail to pay up to $400 billion in taxes every year, according to a study released by the Internal Revenue Service. This small group is comprised of an elitist group of wealthy Americans and businesses who neglect or refuse to pay their fair share of tax and who undermine the stability of the country to satisfy their own personal greed. This missing revenue causes unnecessary increases in annual deficits, national debt, and national interest payments. In the end, this missing revenue must be made up by honest Americans through higher taxes.
Each year, the United States is forced to spend over $11 billion to finance IRS enforcement efforts aimed at catching individuals and corporations who underreport and fail to pay tax. However, the schemes, devices, and shelters used by these individuals and corporations to avoid the payment of tax have become so sophisticated that efforts by the IRS to detect them have failed. As a result, the annual amount of unreported and unpaid tax has steadily grown each year. Confronted with the devastating effect of the ongoing and systematic underreporting of tax by individuals and corporations, the United States is taking a new approach to enforcement efforts aimed at detecting the underreporting and nonpayment of tax.
THE SOLUTION: The American People
In recently enacted legislation (December 2006), Congress turned to the American people to expose taxpayers (i.e., individuals, businesses, estates, and trusts) who underreport and fail to pay tax. The United States has announced that it will reward any person who provides information that leads to the identification of $2 million or more of unreported tax, including interest and penalties. This new legislation guarantees that any person who provides information under this “Tax Whistleblower Reward Program” will receive a minimum of 15%, and a maximum of 30%, of the amount that the IRS actually collects. The new law, which provides a potential “windfall” to honest Americans who expose those who underreport and fail to pay tax, is known as the IRS Whistleblower Reward Program.
If you have information regarding a taxpayer (i.e., an individual, business, estate, or trust) that under reported or failed to pay tax, you will be rewarded by the United States for providing such information. Contact us NOW to start the process of identifying tax avoidance and obtaining your reward! Your confidentiality is guaranteed!
Posts like this one continue to validate my 2009 tagline.