SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Liberalism: Do You Agree We've Had Enough of It?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: calgal who wrote (168268)5/17/2014 5:23:33 PM
From: gronieel2   of 224750
 
."... Americans who listed incomes on their insurance applications that differ significantly with what is on file with the Internal Revenue Service are likely receiving too much money...."

How can a person inadvertently significantly understate his income?

These scofflaws think they are gaming the system but the IRS will catch them eventually. They will then have their entire lives to repay the stolen money PLUS significant fines, penalties and interest. Like student loans and tax liens these ill-gotten gains are not dischargeble in bankruptcy.

Of course if the deadbeat has, or gets, any assets a lien can be placed on those assets which can then be seized and sold.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News