Comment by sgerenser
2 days ago
The IRS can audit the reporting, and if you lie on egregiously you can even go to jail. Granted that is very rare, and we currently have an anti-IRS administration, but that’s the basic enforcement mechanism.
2 days ago
The IRS can audit the reporting, and if you lie on egregiously you can even go to jail. Granted that is very rare, and we currently have an anti-IRS administration, but that’s the basic enforcement mechanism.
Ok, so what your describing is a pinky promise. I'm guessing enforcement requires people which is magically _too expensive_ and therefore worthless.