Re:Tax Evasion at the Top of the Income Distribution: Theory...
by mixmastamyk on Tuesday May 18, 2021 @01:17PM
(#27197885)
Aren’t those taxes paid four times a year? Paying 35k in taxes in one lump at the end of the year, doesn’t lead to penalties?
[ Parent
| on HN ]
Re:Tax Evasion at the Top of the Income Distribution: Theory...
by silverpepsi on Tuesday May 18, 2021 @01:32PM
(#27198144)
it absolutely does...
I learned this the hard way as a 16 year old, I was absolutely infuriated they could fine me 1000s as a kid when government schools taught me "taxes are due April 14, end."
(Yeah I never fell for the government's trick to always evade responsibility for everything by claiming they're multiple distinct unrelated entites "oh we are XYZ, so ya know we pretend we have no responsibility for the actions of PQR when in fact both are The Government, one coherent whole")