How Billionaire Robert Smith Avoided Indictment in Multimillion-Dollar Tax Case

Re:How Billionaire Robert Smith Avoided Indictment in Multim... by briffle on Wednesday February 03, 2021 @01:00PM (#26016733)

To a person dealing with the IRS over millions, a whole team of lawyers at $1k/hour each is a drop in the bucket. to a person who cheated uncle sam of $2k, its cheaper to settle (even with penalties) than to hire a single lawyer to represent them. That is why the IRS loves going after the little guys, they don't fight back.

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Re:How Billionaire Robert Smith Avoided Indictment in Multim... by sokoloff on Wednesday February 03, 2021 @01:55PM (#26017560)

They often don’t fight back because it’s often a fairly clear-cut matter where the taxpayer is in the wrong and both sides just move to resolution.

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Re:How Billionaire Robert Smith Avoided Indictment in Multim... by golf1052 on Wednesday February 03, 2021 @04:21PM (#26019260)

Loves is a strong word. I think it makes more sense to say that the IRS doesn't have the budget or resources to go after the big players. Yes, people cheating only $2k probably won't pay for a lawyer but from the IRS side it's just much simpler to analyze and prove that person is in the wrong. See this article from ProPublica https://www.propublica.org/article/how-the-irs-was-gutted

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