Most Americans say cheating on taxes is unacceptable

ap ^ | Feb 2, 2009

[george76]

An IRS survey finds that nearly nine in 10 Americans think it is "not at all" acceptable to cheat on your taxes.

Although the survey was conducted in late August, its release comes as Tom Daschle, President Barack Obama's nominee to be Health and Human Services secretary, has acknowledged failing to pay more than $120,000 in taxes. Treasury Secretary Timothy Geithner had similar problems on a smaller scale.

[elkfersupper]

That’s because most Americans don’t pay taxes.

[elkfersupper]

Anybody can give you up to $12K a year tax free. Over that, they pay the tax..

Actually, it decreases the exemption limit on their estate tax, but that's a minor point.

[EVO X]

Actually, it decreases the exemption limit on their estate tax, but that's a minor point.

It looks to me like there is a $1M gift exemption before it dings the estate exemption..

[SunkenCiv]

Thanks justiceseeker93. Well put.

[cynwoody]

Anybody can give you up to $12K a year tax free. Over that, they pay the tax..

That's if the use of the car is a gift. If it's a limo provided as compensation for doing a job, then its value is income. Or change we can believe in. Or something.

[slomark]

Franken says, “Don’t forget me. I cheated on my taxes, too.”