Taxation of illegal income in the United States

Re:Taxation of illegal income in the United States by nullc on Sunday April 17, 2022 @05:11PM (#31064563)

The IRS couldn't manage to keep the detailed tax records of every american out of propublica's hands... Does anyone think they can keep them out of other agencies hands?

[ Parent | on HN ]

Re:Taxation of illegal income in the United States by natpalmer1776 on Sunday April 17, 2022 @06:52PM (#31065305)

I would imagine that in cases where you're earning a significant enough amount of money, the issue isn't whether the government knows you're up to no good, the issue is whether they have admissable evidence that you're up to no good.

[ Parent | on HN ]

Re:Taxation of illegal income in the United States by R0b0t1 on Sunday April 17, 2022 @08:49PM (#31066099)

My contention is that the mere knowledge that you are reporting income is actionable information to the government and the IRS has no way to guarantee it does not get out.

[ Parent | on HN ]