A reader asked what the “per day” sentencing would be in the Wesley Snipes tax trial… What a great question!
If the maximum sentence of three years was imposed for the alleged $2.7 million dollars that Wesley Snipes evaded in tax (according to prosecutors), that works out to one day served for every $2,465.75 in unpaid taxes.
But as of today, both sides were still arguing about the total tax liability involved. Snipes’ attorneys claim it is $228,000 – are you kidding me? $75,000 per year? For a movie actor – even a bad movie actor? That’s insane. But I digress… So, if you believe Snipes’ folks, sentencing would work out to one day of sentencing for each $208.22 in unpaid tax.
I am not sure, as of this writing, whether either side has included penalties and interest in their calculations.
Prosecutors are also seeking fines of $5 million as punishment, in addition to the jail time.
As for the unpaid tax? The IRS is pursuing that money in separate, civil actions.
HOW CAN YOU THINK THAT IS THE RIGHT TO GO . HAVE HIM PAYBACK WHAT HE OWNS. IT IS NOT HE CANT PAY. HE SHOULD DO SOMTHING TO HELP THE PEOPLE THAT DONT HAVE AS MUCH AS HE DOES. IF NOT HANG HIM////////////////////////////
TELL US IS HE BETTER THAN US.////////////////////////////////////////
I HAVE NOT GOT A A
ANSWER????????????????
WONDER WHY. I GOT NO MONEY . I GOT PRIDE
WHAT DO FRIENDS THINK.
Posted by Daniel N Erasmus http://www.dnerasmus.com
Some more interesting statistics from the IRS Data Book 2007:
4211 taxpayers were criminally investigated;
2155 were convicted;
2123 were incarcerated – 81.2% a high percentage.
These numbers are close to 10% up from the previous years statistics showing that criminal prosecutions for tax related crimes are increasing.
But then 4211 criminal investigations, out of 189 million tax returns filed where only 0.9% of those tax returns were subjected to an audit, is statistically a low figure (0.002% or 22 in a million).
Thanks Daniel, those are really interesting statistics.