Comic Discussion > QUESTIONABLE CONTENT
WCDT Strips 3311 - 3315 (Sept 19th - 24th)
Zebediah:
--- Quote from: Tova on 21 Sep 2016, 03:39 ---
--- Quote from: Sullivan on 21 Sep 2016, 01:20 ---Speaking of which, I now want pie. Jeph and all posters in this thread are complicit.
--- End quote ---
I regret nothing.
--- End quote ---
I regret regretting nothing.
jheartney:
--- Quote from: bhtooefr on 21 Sep 2016, 05:10 ---https://www.irs.gov/publications/p17/ch12.html#en_US_2015_publink1000172108
--- Quote ---Illegal activities. Income from illegal activities, such as money from dealing illegal drugs, must be included in your income on Form 1040, line 21, or on Schedule C or Schedule C-EZ (Form 1040) if from your self-employment activity.
--- End quote ---
One thing worth noting is that the IRS doesn't care how you got the money, just that you're paying taxes on it, and all of the legal structures are such that it's just presented as "other income", and therefore you're not incriminating yourself.
--- End quote ---
So I guess all my clients can just stop bothering to file their 1099's, since the IRS is so blasé about it.
Don't forget the DEA and FBI may be very interested in where all this cash is coming from. Or, in QC land, whatever government branch Detective Lilac is from.
--- Quote from: BenRG on 20 Sep 2016, 23:24 ---If anyone is at fault, it's the cashiers at Faye's local branch for not questioning why she's depositing large amounts of used notes.
--- End quote ---
Above certain amounts, they'd be required to tip off IRS/FBI of the deposits. Faye wouldn't necessarily be notified that they were doing so.
Laundering large amounts of cash from drug transactions is a major enterprise. There's a continuing cat-and-mouse war between the relevant government agencies and the illegal enterprises generating the cash. (See Walter White's Car Wash for a famous example from fiction.) The gambling money from the robot fighting rink would be no different. The inherent illegality of taking this income is the basis for Detective Lilac's implicit threat to Faye.
Akima:
--- Quote from: BenRG on 21 Sep 2016, 01:17 ---Marten is saying that, by the nature of the world, we are all implicated in some way in someone's crimes (even only if an unknowing accessory, long after the fact) until society becomes post-scarcity.
--- End quote ---
Just so. And how right he is, particularly if the crimes committed in other countries to produce our t-shirts etc. are included.
Emperor Norton:
Actually:
Because the ability to tax income does collide with the 5th amendment, you are not required to exactly specify where money comes from and the IRS is not allowed to, of its own volition, share your Tax records with law enforcement. If law enforcement has a warrant for the information, they can hand it over, but they can't just go "huh, illegal income" and alert law enforcement agencies (the exception being if they suspect terrorism).
The reason for this is simple: They want people to pay taxes on their income, they aren't there to enforce the law.
DSL:
Which is why using the Infernal Revenue Service to enforce health-insurance enrollment is going over SO well.
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