1996-05-07 - Re: Why I Pay Too Much in Taxes

Header Data

From: Duncan Frissell <frissell@panix.com>
To: “E. ALLEN SMITH” <EALLENSMITH@ocelot.Rutgers.EDU>
Message Hash: a0975603fef106473cf877e19290f079c0bd702217cc64e7c990e17a82f4a9a0
Message ID: <2.2.32.19960506200557.00730d48@popserver.panix.com>
Reply To: N/A
UTC Datetime: 1996-05-07 03:33:31 UTC
Raw Date: Tue, 7 May 1996 11:33:31 +0800

Raw message

From: Duncan Frissell <frissell@panix.com>
Date: Tue, 7 May 1996 11:33:31 +0800
To: "E. ALLEN SMITH" <EALLENSMITH@ocelot.Rutgers.EDU>
Subject: Re: Why I Pay Too Much in Taxes
Message-ID: <2.2.32.19960506200557.00730d48@popserver.panix.com>
MIME-Version: 1.0
Content-Type: text/plain


At 03:49 PM 5/6/96 EDT, E. ALLEN SMITH wrote:
>From:	IN%"frissell@panix.com"  "Duncan Frissell"  5-MAY-1996 08:56:32.33
>
>>Even though the population of those who regularly violate federal tax laws
>>is smaller (20 million?) the records show that even for this population the
>>odds of being convicted are approximately the odds of being murdered.
>
>	However, are you controlling for level of income? The IRS is a lot
>more worried about TCMay committing tax fraud than they are about me committing
>tax fraud; my income taxes are a lot closer to 0 than his.
>	-Allen
>

Actually, as a percentage of income, tax evasion is probably more prevalent
among the poor than the rich.  Because they are less exposed.  Studies of
spending show that the poorest 20% of Americans spend twice their reported
income.

DCF






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