Re:The IRS Sets a Trap for Cryptocurrency Tax Cheats
by jefftk on Saturday September 26, 2020 @07:49PM
(#24603062)
While it is certainly possible to give misleading statistics, these seem pretty reasonable to me? Could you say more about how you think it's misleading?
Re:The IRS Sets a Trap for Cryptocurrency Tax Cheats
by specialist on Saturday September 26, 2020 @07:58PM
(#24603115)
Pedantry is just another distraction, obfuscation.
GP's point is the IRS is unfairly focusing on the weakest while ignoring the worst offenders. No reasonable person disputes IRS's own repeated statements to that effect.
We can only guess the motives of any one still in denial.
Re:The IRS Sets a Trap for Cryptocurrency Tax Cheats
by chillwaves on Saturday September 26, 2020 @08:18PM
(#24603217)
Re:The IRS Sets a Trap for Cryptocurrency Tax Cheats
by specialist on Saturday September 26, 2020 @10:59PM
(#24603871)
Nice share, thanks.
This is Vox's explainer of the same topic.
Who pays the lowest taxes in the US? https://www.youtube.com/watch?v=kXCGbAv8YPw
Just from skim reading, theintercept's article is based on a study from ITEP and Vox's data comes from taxjusticenow.org. I'd have to dig deeper to see if they're referencing the same data of if these are just complimentary studies.
Grouping together wages, capital gains, and misc under the label "income" rhetorically hides the unfairness of our regressive tax regime.