Re:Tax Evasion at the Top of the Income Distribution: Theory...
by aaron-santos on Tuesday May 18, 2021 @01:19PM
(#27197918)
Class is a determiner of the type of fraud, and the type of fraud determines the auditing procedure.
Working class people commit fraud related to EITC, child tax credit, American opportunities tax credit, and medical expenses. Capital class tax fraud covers pensions, annuities, rents, fellowships, scholarships, royalties, business expenses, bad debt deduction, property, and capital gains.
Those who commit the first types of fraud get one treatment while those who commit the second types of fraud get another. The end result is that working class people get treated by the IRS in one way and capitalist class people get treated another.
Working class people commit fraud related to EITC, child tax credit, American opportunities tax credit, and medical expenses. Capital class tax fraud covers pensions, annuities, rents, fellowships, scholarships, royalties, business expenses, bad debt deduction, property, and capital gains.
Those who commit the first types of fraud get one treatment while those who commit the second types of fraud get another. The end result is that working class people get treated by the IRS in one way and capitalist class people get treated another.