Punny Poll #19: Ever Cheat on Your Taxes?
Author: Nick
Category: Money
Topics: law, poll, taxes
Photo by OhioProgressive
Last Punny Poll, you were asked to confess your TV set spendings. Over half of responders claimed that their most expensive television ran them under $500. Another 30% have “invested” more than a grand on their tubes. Roughly 13% either found or stole all of their TVs, or perhaps they just don’t own one like that girl in Bridge to Terabithia whose classmates laughed at her. Don’t worry, non-TV owners, I won’t laugh at you. (Though I might giggle a bit at those of you who spent more than $1,000. Tee-hee.)
You may have heard by now that the Internal Revenue Service will pay you to turn in people who cheat on their taxes. Did you know that the average American cheats the IRS out of $1,000 in taxes each year? Okay, perhaps that figure is a little inaccurate. In reality, it’s just a handful of Americans (mostly corporations) that are doing most of the cheating. We’re talking about individuals and companies skimming millions from the Federal government through illegal tactics. So while the average cheat amount per taxpayer is so high, the median is much closer to zero.
That said, I’m willing to bet that somebody in the vast crowd of Punny Money readers has dabbled in a bit of tax fraud. Maybe you omitted a couple of earned dollars from that week you served jury duty. Or perhaps you “forgot” to declare a few thousand in savings account interest. You don’t even need to be American to cheat on your taxes! Punny Poll #19 asks you to fess up to your cheating ways. Don’t worry; I won’t hand you over to the IRS unless your total fraud bill comes to $2 million or more (the minimum that’ll entitle one to a reward from the IRS).
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55 Responses
1.
broknowrchlatr
March 27th, 2007 at 9:44 pm
I’m not sure you call these cheating but I have made these two moves to decrease my taxes.
a) Declared some books donated to charity using the IRS’s fair market value of $25, knowing that I couldn’t sell them for more than $5
b) After not documenting all my charitable deductions, I still claimed about what I thought the total could be.
I guess “a” is just more of an ethical thing and “b” would just be a problem if I was auditted.
Mentioning ethics, I would almost definately cheat on my taxes every time if I didn’t think I’d get cought (maybe that should be a follow up poll)
2.
Nick
March 27th, 2007 at 9:53 pm
Heh, not a bad idea for a poll!
As for those two moves of yours, I wouldn’t call it cheating if the IRS says it’s okay. As for “what I thought the total could be”–well, that’s a little more iffy.
I just noticed someone clicked the $2 million+ option. Time to call the IRS and get my reward!
3.
UKMoneyPot
April 18th, 2007 at 4:12 pm
My dad’s an accountant.. I didn’t cheat the IRS out of a penny! Over here we just call it the IR…
I’m pretty sure whichever way you look at it the Tax Man wins… There are countless millions (especially self employed) who probably pay more than they need too. And will they be notified when they overpay…?
4.
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June 26th, 2009 at 7:57 pm
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June 13th, 2010 at 12:38 am
would just be a problem if I was auditted.
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December 18th, 2010 at 12:52 am
Not really – My taxes are fairly simple (one job, salary, tax withheld throughout the year, etc.). Not that much I could cheat on without much effort – I’m fairly honest, and even more lazy
LOL – I could probably actually save on taxes if I kept more receipts and such.
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