How to reduce street-corner drug dealing

Practical and Practice issues for Professionals who practice in the area of taxation. Moral, social and economic issues relating to taxes, including international issues, the U.S. Internal Revenue Code, state tax issues, etc. Not for "tax protestor" issues, which should be posted in the "tax protestor" forum above. The advice or opinion given herein should not be relied on for any purpose whatsoever. Also examines cookie-cutter deals that have no economic substance but exist only to generate losses, as marketed by everybody from solo practitioner tax lawyers to the major accounting firms.
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Kestrel
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How to reduce street-corner drug dealing

Postby Kestrel » Tue Oct 04, 2011 11:44 pm

All you have to do is find a more lucrative way to steal. "Victimless" crimes are always best.

These Tampa, FL, thugs found a good one:
Fraudulent tax refunds have been used in Tampa to pay for expensive jewelry and cars, funding an underground economy that for a time diverted drug dealers from street corners and even decreased the number of people seeking help at a food bank, authorities say.

The scheme involved filing false Form 1099s, then filing tax returns to claim refunds.

The crime – known in street parlance as "drops" or TurboTax - has been celebrated in rap videos and has resulted in proposed federal legislation in the U.S. Senate as well as calls by two local members of the House of Representatives for hearings.

Thugs publicly immortalizing their crimes... Good move.

And my kids still don't understand why I don't enjoy listening to rap "music."
"Never try to teach a pig to sing. It wastes your time and annoys the pig." - Robert Heinlein

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