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Did you pay your taxes? (sh.itjust.works)
submitted 9 months ago by to c/whitepeopletwitter@sh.itjust.works
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Related: Robert Reich posted earlier today that Tesla paid ZERO taxes on $5 billion in sales (earnings?), so that’s just fucking great.

Microblog post saying “so funny how the US govt desperately needs 25% of the $2500 I made on a small creative project, but won't tax any of jeff bezos $239.4 billion”
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[–] 7 points 9 months ago (1 child)

I love paying my share of taxes and I will always do so to the absolute best of my ability, whether the amount is justified or not. Taxes are wonderful, represent an investment in your country and your society, and can be used to create great things that benefit all of us.

My anger is not for taxes, my anger is exclusively reserved for those who do not pay their share of taxes and the shamefully dishonest politicians who porkbarrel those taxes into things that mostly benefit themselves and then sabotage other politicians attempts to do actual good because they're not benefiting themselves.

Taxes are not the problem. Those people are the problem, and we are going to have to do something about those people. I am working deliberately and relentlessly towards that goal instead. I believe in civilization and society and I will rebuild this fucking thing from the ground up, brick by brick if I have to.

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  • [–] 3 points 9 months ago* (last edited 9 months ago)

    That's a lot of people man. Poor and rich alike. Lots and lots of people cheat on their taxes, lie about their income, and use tax loopholes to reduce their tax burdens, both legally and illegally.

    OP above doesn't have to report that 2500, and incredibly common for self employed people to vastly under report their income within about 10%. The vast majority will never be audited, but from those who have been audited the IRS draws the following conclusion:

    “For example, overall, people reporting work earnings to the IRS that are between the 5th and 75th percentiles underreported self-employment income of $4,000 on average,” she said. “In contrast, those below the 5th percentile underreported self-employment income averaging $21,000 while those above the 95th percentile underreported self-employment income averaging $27,000, and this is a conservative estimate, as earnings above $250,000 are masked in the data.”

    https://isr.umich.edu/news-events/news-releases/self-employment-income-widely-underreported-u-m-survey-shows/

    in other countries it's far worse. a major part of the 2009 Greek financial crisis was the fact 1/3 of Greek GDP is untaxed. that's 1/3 of the taxes missing entirely.

    https://www.npr.org/2010/03/25/125125500/greeces-bottom-line-too-many-tax-cheats

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