ccunning@lemmy.world to No Stupid Questions@lemmy.world · 17 hours agoHow can a US citizen invest outside the reach of the federal government?message-squaremessage-square61fedilinkarrow-up157arrow-down16
arrow-up151arrow-down1message-squareHow can a US citizen invest outside the reach of the federal government?ccunning@lemmy.world to No Stupid Questions@lemmy.world · 17 hours agomessage-square61fedilink
minus-squarech00f@lemmy.worldlinkfedilinkarrow-up7arrow-down1·16 hours agoFun fact: you also need to report any money you got illegally on like 8z of your 1040. The government wants a cut of your crime money.
minus-squareNougat@fedia.iolinkfedilinkarrow-up5arrow-down1·15 hours agoNot really. It’s a tool to prosecute people who make their living by breaking the law. … wait … AHAHAHAHHAHAHHAHAAHAHHHHA
minus-squarech00f@lemmy.worldlinkfedilinkarrow-up3·15 hours agoNot sure what you’re getting at, but since you are legally required to pay taxes, and the 5th amendment protects you from self-incrimination, your tax statements are inadmissible in court.
minus-squareNougat@fedia.iolinkfedilinkarrow-up1arrow-down1·15 hours agoI was laughing at my own statement: … prosecute people who make their living by breaking the law.
Fun fact: you also need to report any money you got illegally on like 8z of your 1040. The government wants a cut of your crime money.
Not really. It’s a tool to prosecute people who make their living by breaking the law.
… wait …
AHAHAHAHHAHAHHAHAAHAHHHHA
Not sure what you’re getting at, but since you are legally required to pay taxes, and the 5th amendment protects you from self-incrimination, your tax statements are inadmissible in court.
I was laughing at my own statement: