Thursday, April 14, 2011
Tax Indictments
As tax day gets closer, it is always interesting to see the spike in criminal tax filings. In many ways this makes sense since a goal is to achieve deterrence by letting the public know the ramifications of failing to file or fraudulently filing tax returns. But one problem, as I see it, is that DOJ doesn't put out press releases when individuals are found not guilty.
But also consider Professor Stuart Green's op ed piece (CNBC) - "Why Do People Cheat on Their Taxes?" and CNBC The American Tax Cheat here.
Here are some of the recent DOJ Press Releases on tax filings:
DOJ Press Release, Alabama Sisters Indicted for Tax Fraud and Identity Theft
https://lawprofessors.typepad.com/whitecollarcrime_blog/2011/04/april-15th-tax-day-.html
UBS executives, who participated in what must be the largest tax evasion scheme (14000+ participants) ever, were able to use shareholder money to buy themselves out of trouble.
Rich white men can't go to jail now can they?
Posted by: save_the_rustbelt | Apr 14, 2011 4:01:56 PM