Raising Penalties For Willful Failure to File

LPC
Trusted Keeper of the All True FAQ
Posts: 5233
Joined: Sun Mar 02, 2003 3:38 am
Location: Earth

Raising Penalties For Willful Failure to File

Post by LPC »

According to the blog of the National Taxpayers Union, the Obama budget includes a proposal to increase the penalties for repeated willful failures to file tax returns.
Raising the Penalty for Tax Protesters/Deniers
Posted by Demian Brady - February 05, 2010

Under current law, the willful failure to pay taxes is a misdemeanor. You could go to jail for up to a year and pay a maximum fine of $25K (for individuals, $100K for corporations) for each year you fail to file a return. There is a proposal in the new budget to increase the penalty for repeated failure to file a tax return:
Any person who willfully fails to file tax returns in any three years within any five consecutive year period, if the aggregated tax liability for such period is at least $50,000, would be subject to a new aggravated failure to file criminal penalty. The proposal would classify such failure as a felony and, upon conviction, impose a fine of not more than $250,000 ($500,000 in the case of a corporation) or imprisonment for not more than five years, or both.
Dan Evans
Foreman of the Unified Citizens' Grand Jury for Pennsylvania
(And author of the Tax Protester FAQ: evans-legal.com/dan/tpfaq.html)
"Nothing is more terrible than ignorance in action." Johann Wolfgang von Goethe.
Top
Quixote
Quatloosian Master of Deception
Posts: 1542
Joined: Wed Mar 19, 2003 2:00 am
Location: Sanhoudalistan

Re: Raising Penalties For Willful Failure to File

Post by Quixote »

That wouldn't effect most TPs, who can only dream of owing $50,000 for three years. It could make dentists, chiropractors and movie stars think twice before drinking the kool-aid.
"Here is a fundamental question to ask yourself- what is the goal of the income tax scam? I think it is a means to extract wealth from the masses and give it to a parasite class." Skankbeat
Top
LPC
Trusted Keeper of the All True FAQ
Posts: 5233
Joined: Sun Mar 02, 2003 3:38 am
Location: Earth

Re: Raising Penalties For Willful Failure to File

Post by LPC »

Quixote wrote:That wouldn't effect most TPs, who can only dream of owing $50,000 for three years. It could make dentists, chiropractors and movie stars think twice before drinking the kool-aid.
Could this be the Snipes amendment?
Dan Evans
Foreman of the Unified Citizens' Grand Jury for Pennsylvania
(And author of the Tax Protester FAQ: evans-legal.com/dan/tpfaq.html)
"Nothing is more terrible than ignorance in action." Johann Wolfgang von Goethe.
Top
Demosthenes
Grand Exalted Keeper of Esoterica
Posts: 5773
Joined: Wed Jan 29, 2003 3:11 pm

Re: Raising Penalties For Willful Failure to File

Post by Demosthenes »

LPC wrote:
Quixote wrote:That wouldn't effect most TPs, who can only dream of owing $50,000 for three years. It could make dentists, chiropractors and movie stars think twice before drinking the kool-aid.
Could this be the Snipes amendment?
Not really. I pitched it more as a Larken Rose amendment.

I figured it would hit most promoters without tapping the average tax denier.
Demo.
Top
Judge Roy Bean
Judge for the District of Quatloosia
Judge for the District of Quatloosia
Posts: 3704
Joined: Tue May 17, 2005 6:04 pm
Location: West of the Pecos

Re: Raising Penalties For Willful Failure to File

Post by Judge Roy Bean »

Demosthenes wrote:...

Not really. I pitched it more as a Larken Rose amendment.

I figured it would hit most promoters without tapping the average tax denier.
A really clever promoter will file a basic return and not tell his rubes.
The Honorable Judge Roy Bean
The world is a car and you're a crash-test dummy.
The Devil Makes Three
Top
Nikki

Re: Raising Penalties For Willful Failure to File

Post by Nikki »

I knew this had your fingerprints on it.
Top

Return to “US”