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This page contains a single entry by Associate Editor published on April 10, 2011 12:27 PM.

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Why People Pay Income Taxes

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Associate Editor
on April 10, 2011 TrackBacks (0) Comments (0)

Casey B. Mulligan posted an article Why People Pay Income Taxes, The New York Times, April 6, 2011.

Overall, taxpayers' income reporting to the I.R.S. is pretty accurate, even though most people would not get caught if they cheated.  It is uncertain why the reporting is accurate. Some theorize that people are in general honest or that they are afraid of getting caught.

HAT TIP:  Tax Prof Blog

Posted by Adam Fleischer, Associate Editor, Wealth Strategies Journal.

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