Most working Americans cannot underreport their income to the IRS to avoid paying the taxes they owe. Why? Their precise income is reported to the IRS by their employers. You don't hear many people complain about this as an invasion of privacy. It's viewed as a basic step the government takes to collect revenue.
Banks engaged in multi-million dollar…
Most working Americans cannot underreport their income to the IRS to avoid paying the taxes they owe. Why? Their precise income is reported to the IRS by their employers. You don't hear many people complain about this as an invasion of privacy. It's viewed as a basic step the government takes to collect revenue.
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