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(Temporary) victory! The IRS has paused its intrusive demand that all payments amounting to $600 be reported to the government.
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The IRS report suggests that the tax gap—which is the amount of federal taxes owed but not paid—is not a major problem.
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Government currency monopolies…can thus be understood as part of the tax system [and reflect] the preference of the fiscal authorities.
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It's not a secret that people who make a lot of money try to hide it from the IRS. How and where they do it, though, is often a secret.
(Temporary) victory! The IRS has paused its intrusive demand that all payments amounting to $600 be reported to the government.
