Comments on: Fix The Tax Code Friday: White Collar Criminals

By: David

David — Fri, 24 Aug 2007 20:38:44 +0000

I think true examples ought to be made of such scum. We have a voluntary compliance system; those who don’t volunteer and who are actually caught should pay treble the amount of tax shirked and spend at least 1 month in jail for each $50,000 unpaid.

Fair disclosure – my wife used to be in Chief Counsel’s Office.

By: Scott Allen

Scott Allen — Fri, 24 Aug 2007 17:38:40 +0000

If there’s fraud involved, i.e., lying on the forms or doctoring the books, then definitely jail time. For non-payment or non-filing? Definitely NOT jail time. We don’t have debtors’ prison for good reason, and owing money to the government that you can’t pay shouldn’t be any different than owing money to anybody else. For that matter, I think tax debts should be discharged with bankruptcy too.

By: Sean

Sean — Fri, 24 Aug 2007 17:15:45 +0000

Definitely jail time. Like Al Capone, these guys usually get nailed for taxes but they’ve skated on a host of other sins.

Question, Kelly: How can one find out the status of a tax fraud case, whether the party has gone to jail, etc.? I was blogging on a Florida businessman named Roy Snowden of Java Jo’z Coffee who was convicted of tax fraud & sentenced. Can I tell if he’s serving time yet?