I feel like I just read we didn't land on the Moon because it's only a big hunk of cheese.
These two statements are 100% WRONG!!!!!!!!!!!!!!!!!
The failure to file penalty is a PERCENTAGE of the tax due. So if you owe ZERO are do a refund there is ZERO failure to file penalty. Don't believe me, that is fine but I am right.
Since ANY penalty is based on the amount of tax due there will be NO penalty unless the filer / non-filer / taxpayer / citizen owed taxes and did not pay them.
I agreed with your advise to speak with a professional, however many of them spread mis truths, such as those listed above.
The 10 year limit is on COLLECTION of tax--which can be renewed for another 10 and another 10. What we are discussing is the ASSESSMENT of tax (filing a tax return).
For example, lets say in 2000 the IRS audited one my tax returns and decided I owed money. That would be the ASSESSMENT.
Now, lets say I have been hiding, working under the table, blah blah blah, the IRS would have until 2010 (10 years) to collect the money. If I did nothing, they would refile the and the 10 years would start all over. This would be COLLECTION.
I know...taxes are crazy and they do not follow common sense.
IRS-The Biggest Lie and Scam in World History
Friday, 04 March 2011 09:19
'Here it is in a nutshell. The IRS is a private, debt collection agency for the private banking system known as the Federal Reserve Bank. The IRS is not a government agency. I repeat, the IRS is not a government agency. Never has been, never will be.
The IRS is formerly the Bureau of Internal Revenue (BIR) situated in and with authority only in the Philippine Islands (Trust Fund # 61), and moved into Puerto Rico (Trust Fund # 62). In the 1950’s, with the stroke of the pen, the BIR was transformed into the current notorious IRS and brought onto the 50 united States. This was done without any Congressional authority whatsoever. There is no Congressional authority for the IRS to exist and operate in the 50 states recorded anywhere in any law-books. Again, keep in mind, that the IRS is the “Private, debt collection agency for the private banking system known as the Federal Reserve Banks”.
Consider this fact. When an IRS agent wants to seize property from a Citizen in a County, they must first contact the Sheriff of the County and request assistance in the seizure. This is simply because the IRS agent has no authority to seize any property at all. So the IRS agent bamboozles the Sheriff into committing the crime for the IRS. When the Sheriff seizes property from a Citizen under the non-authority of the IRS agent, the Sheriff has committed a Second Degree Felony, Conversion of Property.'
Read more: IRS-The Biggest Lie and Scam in World History
mm
It's all part of the separation of powers idea that keeps our government running from behind desks and not under the table.
I don't know anything about taxes so I won't comment on that.
But to comment on people who say "Where would America be if no one paid taxes", well we would be much better off because taxes are theft and is not a voluntary interaction it is forced at gun point. The taxes are stolen from us because the government wouldn't exist without them, and the government wants to exist. If government didn't exist the real free market (we don't have a real free market today) would quickly fill its place. A real free market works on demand, the people want a product or service, and people step in to fill that need, there is no need for government. People need high quality cannabis seed, so people step in and produce that product by demand, while customers happily pay and support that service because the price is right and the product meets their needs, if not that product wouldn't exist.
For instance there's no market demand for levitating space boots, so you don't see them on your store shelves or being marketed in magazines and ads nor do you see people wearing space boots. The same works for services that government currently provides, do you really think roads wouldn't exist without a government?. Its like a river with a larger boulder in the middle of the stream, if you pull out the boulder does the water continue to go around the space where the boulder used to be?, no the water fills in that space and life keeps moving.
So everything in our lives in voluntary, we choose who are friends are, what kind of groceries we buy, who we date, where we go on vacation etc. No one forces us to date someone or buy certain food at the grocery store or what services we spend our money on, its all a voluntary choice that we make, based on our decisions and needs.
Only the government interaction is involuntary, force and violence is used against us, there is no choice to support or not support what we want. Government should be set up in a way that if you like what its doing you can voluntarily donate to support that cause, because you like it, if your no interested then you don't have to donate.
Government is not necessary, we can live without it and not only that services will rise in quality and meet the exact needs of the people. The public sector workers make more money then private sector workers while working less, and every year there are more public government jobs filled, while private sector jobs decrease. The government is eating us alive, and people would live much happier live outside of the public sector because public jobs are sterile because there is no creativity involved, its just bland and boring government jobs that people get addicted to for the benefits they receive.
Cancel the Government
Getting a bit deep.
The profound is rarely shallow and seldom seen. I thank him for speaking the truth.