Roger Stone's IRS tax troubles highlight a classic rich-person scheme

[Nevilledog]

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https://www.msn.com/en-us/money/taxes/roger-stones-irs-tax-troubles-highlight-a-classic-rich-person-scheme/ar-BB1g282i?ocid=st

According to F. Scott Fitzgerald, the rich are different than you and me. And when it comes to paying taxes, he’s absolutely correct. As Internal Revenue Service Commissioner Charles Rettig recently testified before Congress, the IRS may be losing $1 trillion in unpaid taxes every year.
And, as a recent working paper co-authored by IRS researchers found, the vast majority of unpaid taxes is owed by rich people. The Treasury Inspector General for Tax Administration in a study looking at the tax years 2014 to 2016 has detailed how hundreds of thousands of wealthy taxpayers have brazenly failed to file any tax returns at all.

Roger Stone is a perfect example of this phenomenon. On April 16, the United States filed suit to collect over $1.5 million in federal income taxes, interest and penalties it says Stone and his family owe, dating back to 2007. (Stone vowed to fight the complaint, calling it “yet another example of the Democrats weaponizing the Justice Department.”)

Those of us who work have employers who subtract a portion of our income tax bill from each paycheck and send it to the IRS throughout the year. But there are myriad strategies to avoid paying taxes that cut out the employer middleman — if you know where to find them.

The IRS alleges the Stones filed their tax returns late, failed to make estimated tax payments and did not pay the balances shown on their returns when they filed them, the lawsuit says, and when the IRS sent a notice and demand for payment, as required by law, the Stones more or less ignored the government. Using programs Congress meant for people with lesser means, they requested that the IRS accept a settlement for their unpaid taxes (called an offer in compromise, in tax jargon) or be allowed to pay the amounts due by way of a payment plan (called an installment agreement), the complaint says.

*snip*

[OAITW r.2.0]

1. He's a tax cheat. Everyone of these scumbags fail to honor their basic commitment to this country.

Pay the taxes you owe. Or go to jail.

[Hugh_Lebowski]

2. It's funny how all these assholes pretend to be Patriots when in reality they hate our system of

government, which is the most fundamental, bedrock institution that defines 'what this Nation is'.

Fucking traitorous scum, the lot of them.

Especially this Putin lover, Stone.

[Skittles]

3. hypocrites, all of them

they have no problem using all the services that tax money provides