Quote:
Originally Posted by sugarpop
Do you honestly think a lot of those people report all their income? They have it hidden offshore. It's not like they get a W2 like working people do.
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Do you honestly think that individual contractors and small business owners report all of their income? I know three people who are good friends who make well over $70 a year and report only $30. In this economy it is even easier to report a loss and get further tax breaks. If all the people who ran a cash business reported their income and let it be taxed we wouldn't need to raise taxes. You have a hang up with socio-economic classes.