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Is everyone choking back tears over the poor IRS? [View All]

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SoCalDem Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-05-07 01:17 PM
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Is everyone choking back tears over the poor IRS?
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On WJ today, Nina Olson, the IRS advocate lady was bemoaning the fact that the IRS is "seriously underfunded". She was especially upset about the "underground" economy..the "cash" economy..like ebay is going untaxed. Apparently there are people who are earning their income on ebay and NOT sending in that 15.3 % to the IRS (for SS) and not paying income taxes on what they earn. :cry:

Didn't our own vice president tout ebay selling as a new job for the new century?

A caller also told of a scam that cc companies are pulling. he negotiated a discount for some of his debt and the company wrote it off and claimed it on the IRS, and then the IRS sent him a bill for the amount of what they wrote off, and congress wrote the law so that the "forgiven" part was counted as INCOME and he owed taxes on it.
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