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Non-Tax Change 2010: IRS Commissioner admits code is garbage

Anything related to investing, including crypto

max momo

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Mar 15, 2008
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IRS Commissioner Does not understand IRS Code, uses Tax Preparer

IRS commissioner doesn't file his own taxes - The Hill's Blog Briefing Room

The goal of any regulation is to make it so suspect, so complex, that the average person cannot understand. This provides the option for the bureaucracy to randomly charge anybody they choose (and not charge their allies). I call this it the Tyranny of Random Enforcement.

Of course the Commissioner does not understand the IRS code, for that matter, neither does any most of his staff.

Depending which source you believe, the IRS interprets their own regulations incorrectly between 20% and 48% of the time:

Why You Can't Trust the IRS

More penetrating, is the admission (only when caught) by the IRS Commissioners Boss, Mr. Tim Geitner (US Treasury Department head), that he did not pay required IRS tax. Hey, why pay it if you cannot understand it? Great precept (and a great precedent, Mr. Geitner).

In fact, do believe that precedent was developed by Hammurabi and followed by most courts of flaw on this planet for the last several hundred years.

Time to follow his lead?
 
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