Paul L. Caron
Dean



Friday, February 5, 2010

Obama's Budget Would Increase Penalties Five-Fold on Tax Protesters

Government Bytes (Official Blog of the National Taxpayers), Raising the Penalty for Tax Protesters/Deniers:

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.
See this afternoon's post, IRS Debunks Tax Protester Arguments.

https://taxprof.typepad.com/taxprof_blog/2010/02/obamas-budget.html

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Comments

Hey this is Amerika. So shut a F... up and pay. You know it and we know it, to taxing people is illegal. Until we make you busy to watch Oprah, NFL, NASCAR, ect. we know you will do nothing. So cough up your last pennies suckers.

Posted by: Zoltan | Feb 5, 2010 3:58:50 PM

Is there an on that is you're a high ranking Democrat you don't have to pay taxes?
Or will he just leave that perk to prosecutorial discretion (like the Black Panther case)?

Posted by: EvilDave | Feb 5, 2010 5:21:45 PM

"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"... unless you happen to be named Ed Brown...then you get LIFE!
I do not mind paying taxes in depreciating paper fiat currency, as soon as you give me the gold and silver I've earned. I'm flexible.

Posted by: Professor Humpty | Feb 5, 2010 7:05:42 PM

Repeal the Income Tax and replace it with nothing. Vote Libertarian.

Posted by: David Macko | Feb 6, 2010 5:57:49 AM