Federal law provides serious ordsprog

Federal law provides serious penalties for filing false tax forms. People who engage in tax fraud schemes can expect to pay back taxes, plus interest and penalties, and may face criminal prosecution for evading taxes.

Eileen J. O'Connor

The Department of Justice is committed to using all available law enforcement tools to recover tax revenue, punish tax offenders, and to prevent future misconduct. People who promote, facilitate, or engage in plans or schemes to avoid reporting their income or another person's income are risking penalties and, where appropriate, criminal prosecution.

Eileen J. O'Connor

[Noting that both firms sell to the government, Grassley charged them with] evading U.S. taxes and making profits off the taxes of middle-class Americans who are paying their taxes honestly. ... in effect, renouncing their U.S. citizenship to cut their taxes.

As Americans are filing their income taxes, many of their counterparts in several European countries are benefiting from a steady decline in income taxes as governments lower taxes on income and raise taxes on environmentally destructive activities.

The message we want to send is that if you engage in fraud, if you participate in providing false statements, you're going to be prosecuted. We want to be very, very clear: there is no company that is too big or too important an industry that will escape prosecution if they in fact engage in wrongdoing.

Alberto R. Gonzales

Criminal prosecution and penalties provide deterrence in a way that civil judgments cannot, He wasn't trying to impress anyone; his natural pe𝗑y confidence simply radiated outward.

some people need the discipline of the taxes and penalties of a traditional IRA to avoid the temptation to use the money too quickly in retirement.

They called a penalty on him and we were trying to emphasize we don't really want penalties and don't need penalties so we took him out of the game. I hope (our players) understand that penalties will get us beat. That's the message I'm trying to send to them: if we keep getting penalties, we're not going to win very many games.

[If you're thinking of eloping over the holidays, you may want to consider the tax consequences of ending 2001 as a couple (romantic, isn't it). Although some accountants will tell you that the IRS doesn't keep track of your exact marriage date, technically you are required to file a joint return for this year. For some couples, particularly those with big differences in their income, filing jointly can be advantageous. If a husband and wife each make a lot of money, however, they are apt to pay more in taxes than they would on their own.] If both people make $300,000, they'll pay more than $18,000 in taxes by filing jointly, ... That's about the cost of the wedding.

Yeah, sort of good. I mean, there's a split in the Republican Party. Republicans used to be, once upon a time, for fiscal conservatism, and there are a few of those left, and they're starting to murmur more, and, you know, people forget Ronald Reagan raised taxes, you know, he cut taxes, but then he raised taxes. George Bush, the father, raised taxes. It's not, there's no law in the Bible that says a Republican can never raise taxes.

If they owe taxes, the penalty for not filing a return is quite a bit bigger than not paying the taxes owed. So if you don't have the money to pay what you owe, go ahead and file and you can pay it in installments.

He has paid in full the taxes and civil penalties. He is whole with the government.

I thought we did a nice job on the penalty kill tonight. We got a lot of different people in. We had a few penalties, but they were aggressive penalties ? hard-working penalties.

You can't take penalties like that against a good team and expect to compete. We've had 41 penalties in five games and that's horrendous. The fact that most of them are being taken by people who have been in the program the longest is most discouraging.

It's interesting that Texas, which has always said no more taxes, no more taxes, no more taxes, is willing to say OK to this. But you find this all over the country, that the one issue that will open up the pocketbooks _ and we all hate taxes _ it is education.

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