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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?


To: Kenneth E. Phillipps who wrote (57610)1/14/2009 2:33:56 PM
From: JakeStraw2 Recommendations  Respond to of 224759
 
LOL! Spoken like a true lawyer. I should call you Kenny the turntable as all you are capable of is spinning! Thanks to your ilk our country is in the current shape it's in.

The fact is that Geithner should be excused and Rangel should be booted from office.

It's high time politician's get treated like everyone else. They are not above the law!



To: Kenneth E. Phillipps who wrote (57610)1/14/2009 4:33:24 PM
From: DizzyG1 Recommendation  Read Replies (1) | Respond to of 224759
 
So tax law is now your area of expertise, Kenneth?

Jake, It is not illegal to not pay ones taxes. It is illegal to not file a return.

That's interesting. This article seems to contradict your statement:

The distinction in the United States

In the United States "tax evasion" is evading the assessment or payment of a tax that is already legally owed at the time of the criminal conduct.[16] Tax evasion is criminal, and has no effect on the amount of tax actually owed, although it may give rise to substantial monetary penalties.

By contrast, the term "tax avoidance" describes lawful conduct, the purpose of which is to avoid the creation of a tax liability in the first place. Whereas an evaded tax remains a tax legally owed, an avoided tax is a tax liability that has never existed.

en.wikipedia.org

I think I will refrain from taking tax advice from you. LOL!

Diz-