Today is April 15th, the day that everyone knows as the last day to file your income tax forms. My accountant prepared my taxes a week ago, but because it is April 15th, I got to thinking about the people who purposely DON'T file their taxes because they owe money. I did some research and found out that people who are delinquent on their taxes, settle, on average, with the tax board for 30% of what they owe! And if they owe more than $100,000, the percentage drops to below 20%! Where as, those of us who are law abiding, follow the rules kind of people, pay 100% of what we owe. How fair is that? What if everyone that owes, settled for 30 cents on the dollar?? This is another example of how the law abiding majority pays for the law breaking minority.
Chas
