Wednesday, December 29, 2021

Bad Tax Advice?

 IRS says stolen property and bribes must be reported as income [More]

I'd argue Haynes v. U.S. Fifth Amendment considerations against self-incrimination moot that.

[Via The Gun Feed]

2 comments:

Henry said...

Nope, they don't.
Famous case of Al Capone.
Argument was that IRS filings are private and privileged and can't be used against you in a court of law or leaked to another department.
Let's all laugh now until we die.

David Codrea said...

I'd still argue.

Capone pled guilty in federal court. He didn't appeal until he learned the judge wasn't bound to the minimal sentence he thought he'd worked out. The Haynes decision came after Capone and the lower court was overturned by SCOTUS.

You're probably right, though. They'd find a way to ignore the Bill of Rights. They always seem to.