View Single Post
  #271  
Old 03-15-2024, 02:26 PM
raulus raulus is offline
Nicol0 Pin.oli
 
Join Date: May 2022
Posts: 1,873
Default

Quote:
Originally Posted by Exhibitman View Post
And then you have to transport and launder the cash. If you just deposit it into your account, there will be a report generated and the authorities may want to have a word, and you better have reported the income when they come knocking. "Any time you try a decent crime, you got fifty ways you're gonna f**k up. If you think of twenty-five of them, then you're a genius - and you ain't no genius." Body Heat, 1981. The algebra of deterrence at work here. Avoiding a bit of capital gains tax is not worth risking a professional license (Peter is a lawyer) and possibly one's liberty. It also isn't being a goodie-goodie. It is being a good citizen. "Taxes are the price we pay for a civilized society"--Oliver Wendell Holmes, Compania General De Tabacos De Filipinas v. Collector of Internal Revenue, 275 U.S. 87, 100, dissenting opinion, November 21, 1927.
Bonus pro tip:

If you're going to do something illegal, then best practices are not to post about it in a public online forum.
__________________
Trying to wrap up my master mays set, with just a few left:

1968 American Oil left side
1971 Bazooka numbered complete panel
Reply With Quote