The IRS normally doesn’t share files with anyone. Don’t you know the old saying? The best way not to get caught as a drug dealer is to file your taxes.
If you look at my other comment, undocumented people in the US contribute over $90B in taxes every year!
How do you mean? The whole point is to encourage people, everyone, to pay taxes. It’s a great system. Taxes enforcement should be truly independent from all other agencies to maximize trust and honesty.
So why does anyone launder money? Isn’t the whole purpose of that to hide conspicuous flows of cash from illegal activities? If it’s safe to pay taxes on ill gotten gains, why launder?
a) the main purpose is to avoid paying b) because spending a bunch of cash can be suspicious to other agencies that are looking, like if law enforcement is already suspicious and starts seeing a ton of large purchases without a legitimate source of income they will figure out something is up c) because people don’t know any better.
The IRS issues “Individidual Tax Identification Number” for undocumented immigrants who don’t have a social security number.
https://en.wikipedia.org/wiki/Individual_Taxpayer_Identification_Number
I have to wonder how many would ever use it to file for a tax refund though. Wouldn’t that out them to the government?
The IRS normally doesn’t share files with anyone. Don’t you know the old saying? The best way not to get caught as a drug dealer is to file your taxes.
If you look at my other comment, undocumented people in the US contribute over $90B in taxes every year!
I havent heard that one. That’s rich.
How do you mean? The whole point is to encourage people, everyone, to pay taxes. It’s a great system. Taxes enforcement should be truly independent from all other agencies to maximize trust and honesty.
I just mean that the aphorism about drugs dealers is colorful and amusing. I understand it’s making a real point but it’s also funny.
Fair enough. The same saying often goes for sex workers.
That’s how they ended up catching Al Capone, on tax fraud charges.
So why does anyone launder money? Isn’t the whole purpose of that to hide conspicuous flows of cash from illegal activities? If it’s safe to pay taxes on ill gotten gains, why launder?
a) the main purpose is to avoid paying b) because spending a bunch of cash can be suspicious to other agencies that are looking, like if law enforcement is already suspicious and starts seeing a ton of large purchases without a legitimate source of income they will figure out something is up c) because people don’t know any better.