Add a Comment
by TheManWithNoName April 15, 2012 7:24 PM EDT
This is the biggest BS article ever. Nice fear-mongering and pointing the finger and the middle class, when it's the elite (who coincidentally, only got to those places because of) who are 'cheaters'. You better f'n believe that as a self-employed freelance artist, I'm going to fit in as many deductions that I can - and are substantiated - since I'm pretty much at the poverty line. Go arrest real crooks, stop fear mongering the rest of us living on scraps.
Reply to this comment
by sooner_schooner April 15, 2012 7:18 PM EDT
I say cheat away. Our economy will be much better off with that money in the hands of its citizens than the most wasteful government in the history of man.
Reply to this comment
by Ben_Franklin1776 April 15, 2012 6:59 PM EDT
Currently the Obama administration contains 41 tax cheats at the executive level alone who owe a combined $831k in taxes.

Warren Buffet -- he of the famous secretary -- owes billions and is fighting tooth and mail not to pay any of it while whining about how the rich do not pay enough. Don't try to figure out how all of that fits together. Leftism is not a rational creed.

But frankly, most tax cheats will use the money for something more productive than paying off Obama's bundlers and flunkies at solar panel companies or enforcing crippling regulations that make energy resources artificially scarce. It's not like the government has any sort of budget anyway. They just issue more debt no matter what they bring in and continue running us into bankruptcy to prop up programs that are forbidden by the Constitution. In short, they have lost the consent of the governed because they have ignored the documents on which their authority is based.

Having a large amount of people who feel fine keeping more of what they have earned rather than having it confiscated is just one side effect of how illegitimate our government is seen to be.
Reply to this comment
by sjc_1 April 15, 2012 6:45 PM EDT
The deficits and debt accumulation started up again after the Bush tax cuts, we lost $600 billion in revenue after the crash of 2008, half of that was from tax cuts that were renewed so that President Obama could get unemployment benefits for those out of work.
Reply to this comment
by Jaylah54 April 15, 2012 6:32 PM EDT
Well, the working poor don't usually have a mortgage to deduct interest, can't afford to contribute to an IRA, don't really have any reason to itemize. So it's "How much did you make? Deduct X amount. Find your tax on the table."

It's the folks whining about paying more taxes that are cheating on what they're paying already. Maybe if we increased the tax rate on the wealthy, they'd start paying closer to what they already owe?
Reply to this comment
by kroguej April 15, 2012 5:58 PM EDT
How much of the cheating is because the tax code is too complicated to easily verify people's tax returns?
Reply to this comment
by SoCal_Gridlock April 15, 2012 5:46 PM EDT
There is also such thing as taxes that have been OVERPAID, and I wonder how far that figure goes to offset the amount underpaid.

We need to get rid of income tax and establish a consumption tax. That would eliminate all tax cheaters (like Treasury Secretary Timmy) and turn everybody into tax payers, including criminals, foreign tourists and illegal immigrants. And while we're at it, let's eliminate the billions and billions of waste.
Reply to this comment
by one4gipper April 15, 2012 5:38 PM EDT
If Obama's constituents had more stay-at-home dads, government spending would not be at an all time high of 40% of GDP.
Reply to this comment
by ethanchris April 15, 2012 5:37 PM EDT
Daivid Callahan says a bigger budjet. Is he serious. How about a flater tax code with less oppertunity to cheat. Reduce the size of govt pay less taxes means less to collect. Ofcouse that would put h&r block,plenty of accountants and oh yea some govt empl;oyes out of businness and mean the politicians could not pass around favors. Gee it might also mean pacs would have less influance too. To many good things would happen so yes kepp the 5000 pages no one under stands ; let the politicians have their unjust influance and let the poor guy that cant afford to spend money at h&r block
Reply to this comment
by Hope4RoseGardens April 15, 2012 5:29 PM EDT
If we eliminated all income taxes & relied upon import/export tariffs, vat taxes at the manufacturing level (& perhaps a small federal tax on real estate sales) - then we could eliminate most of the operational expense of the IRS....how many Billions would that save each year? THEN all we'd need to do is get the Federal government to spend within it's means & we'd all be good.
Reply to this comment
Scroll Left
Scroll Right More »
CBS News on Facebook