Tuesday, March 9, 2010

Well, It Costs a Lot of Money to Go After the Big Guys

So the IRS is doing their standard procedure of going after little fish, the people who cannot afford lawyers to fight the IRS, namely, people who sell shit on eBay.

The threshold seems to be 200 transactions or $20,000 in gross sales a year. The reporter who broke the story then assumed that it had to be both 200 and $20K, but if it says "or", that means "either" as far as the IRS is concerned.

This is what the IRS has been doing for a very long time, but in different forms. The IRS has a history of going after small taxpayers, because it is easy for them to do. Small business people, poor folks who qualify for the earned income tax credit, the IRS loves going after those guys, because their auditors can run roughshod right over them. The big boys can afford the lawyers and accountants who make a very good living fending off the IRS's auditors, so the IRS has to work long and hard for collecting from each one of those fucks, but they can crush small fry without breaking a sweat.

That is why the IRS is going after those who sell shit on eBay.

1 comment:

  1. There has always been a class system in every society. Whether its a social one like in Great Britain (not so much now-a-days) or a severe one like the caste system in India. Here in the "First World" contries it's an economic class. I don't pretend to know how to deal with it, nor even understand it. Revenue Canada has been on my ass for decades, and I don't hide extra moneys, hell, I'm just a basic wage earner but I have a huge target on my head....oh, what's that sound? Oh no! It's the Taxnans jackboots comming to get ME!!! Must be spring, let me assume the position...(I now drop my trousers, bend over and spread my cheeks...). It would be so nice if the Canadian government kissed me first, or bought me a drink:(

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