Steward George Posted December 29, 2021 Group: Steward Followers: 110 Topic Count: 10,465 Topics Per Day: 1.25 Content Count: 27,787 Content Per Day: 3.33 Reputation: 15,483 Days Won: 129 Joined: 06/30/2001 Status: Online Birthday: 09/21/1971 Steward Share Posted December 29, 2021 The Internal Revenue Service requires that stolen property be claimed as income, in addition to any money made from other illegal activity. These IRS rules are creating buzz across Twitter, causing some people to question the rules' validity. So THIEVES are going to go down ... instead of STEALING from the BUSINESSES ... but from the GOVERNMENT for not reporting their stolen goods! LOL! God bless, George Link to comment Share on other sites More sharing options...
teddyv Posted December 30, 2021 Group: Royal Member Followers: 6 Topic Count: 6 Topics Per Day: 0.00 Content Count: 4,265 Content Per Day: 2.91 Reputation: 2,302 Days Won: 1 Joined: 05/03/2020 Status: Offline Share Posted December 30, 2021 If you accept a bribe, you also have to report that. Here's the document it came from: https://www.irs.gov/publications/p17#en_US_2021_publink1000172116 Link to comment Share on other sites More sharing options...
OneLight Posted December 30, 2021 Group: Royal Member Followers: 22 Topic Count: 1,294 Topics Per Day: 0.21 Content Count: 31,762 Content Per Day: 5.22 Reputation: 9,763 Days Won: 115 Joined: 09/14/2007 Status: Offline Share Posted December 30, 2021 Just goes to show us just how whacked our government really is if they truly think any criminal will report their illegal income on their tax form. 1 Link to comment Share on other sites More sharing options...
Steward George Posted December 30, 2021 Group: Steward Followers: 110 Topic Count: 10,465 Topics Per Day: 1.25 Content Count: 27,787 Content Per Day: 3.33 Reputation: 15,483 Days Won: 129 Joined: 06/30/2001 Status: Online Birthday: 09/21/1971 Author Steward Share Posted December 30, 2021 51 minutes ago, OneLight said: Just goes to show us just how whacked our government really is if they truly think any criminal will report their illegal income on their tax form. I wonder if this is a means by arresting people in states who blatantly steal and never get prosecuted because of bad DA's. Can you imagine ... thieves caught on camera with thousands of dollars of merchandise thinking they got away with something ... only to be arrested for not claiming stolen goods as income! LOL! 1 Link to comment Share on other sites More sharing options...
teddyv Posted December 30, 2021 Group: Royal Member Followers: 6 Topic Count: 6 Topics Per Day: 0.00 Content Count: 4,265 Content Per Day: 2.91 Reputation: 2,302 Days Won: 1 Joined: 05/03/2020 Status: Offline Share Posted December 30, 2021 I guess by definition, acquisition of property or money by theft, bribery or other illegal activity is still income. I can imagine that for the people crafting these regulations, it must have been done with an amused self-awareness about it. Link to comment Share on other sites More sharing options...
OneLight Posted December 30, 2021 Group: Royal Member Followers: 22 Topic Count: 1,294 Topics Per Day: 0.21 Content Count: 31,762 Content Per Day: 5.22 Reputation: 9,763 Days Won: 115 Joined: 09/14/2007 Status: Offline Share Posted December 30, 2021 1 hour ago, George said: I wonder if this is a means by arresting people in states who blatantly steal and never get prosecuted because of bad DA's. Can you imagine ... thieves caught on camera with thousands of dollars of merchandise thinking they got away with something ... only to be arrested for not claiming stolen goods as income! LOL! Never gave that a thought! It sure would be a mess in the courts, wouldn't it. Tax evasion is a felony, at the minimum, and a federal crime in most cases. I wonder which court system will get hammered the most? 1 Link to comment Share on other sites More sharing options...
ladypeartree Posted January 3, 2022 Group: Royal Member Followers: 37 Topic Count: 540 Topics Per Day: 0.08 Content Count: 32,940 Content Per Day: 5.04 Reputation: 23,704 Days Won: 233 Joined: 06/21/2006 Status: Offline Birthday: 02/23/1953 Share Posted January 3, 2022 I read this a few days ago and looked to see if I had overslept and it was the start of April Link to comment Share on other sites More sharing options...
Dennis1209 Posted February 24, 2022 Group: Worthy Ministers Followers: 18 Topic Count: 349 Topics Per Day: 0.13 Content Count: 7,505 Content Per Day: 2.70 Reputation: 5,405 Days Won: 1 Joined: 09/27/2016 Status: Offline Share Posted February 24, 2022 This is bizarre. It's just another indication of how far down the cesspool we have gone. If it was not so sad, it would be funny. Link to comment Share on other sites More sharing options...
other one Posted February 25, 2022 Group: Worthy Ministers Followers: 29 Topic Count: 599 Topics Per Day: 0.08 Content Count: 56,234 Content Per Day: 7.56 Reputation: 27,956 Days Won: 271 Joined: 12/29/2003 Status: Offline Share Posted February 25, 2022 On 12/30/2021 at 1:07 PM, George said: I wonder if this is a means by arresting people in states who blatantly steal and never get prosecuted because of bad DA's. Can you imagine ... thieves caught on camera with thousands of dollars of merchandise thinking they got away with something ... only to be arrested for not claiming stolen goods as income! LOL! That is what happened to Al Capone. Link to comment Share on other sites More sharing options...
other one Posted February 25, 2022 Group: Worthy Ministers Followers: 29 Topic Count: 599 Topics Per Day: 0.08 Content Count: 56,234 Content Per Day: 7.56 Reputation: 27,956 Days Won: 271 Joined: 12/29/2003 Status: Offline Share Posted February 25, 2022 Just now, other one said: That is what happened to Al Capone. And that happened in 1931 Link to comment Share on other sites More sharing options...
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