Cover of the Day | How to Pay No Taxes

taxes 397x530 Cover of the Day | How to Pay No Taxes

Not paying your taxes can land you in jail along with a huge penalty, fines and a huge tax bill. Ask Wesley Snipes that is currently serving three years in a Federal prison for tax invasion. He was mislead by his handlers who advised him to not pay his taxes and the accounting department messed up by not paying his taxes for him. His former financial adviser Kenneth Starr, who admitted to cheating clients out of tens of millions of dollars was behind the tax discrepancies tax records. Snipes fought an legal battle all the way to the Supreme court. The Supreme Court disagreed with Snipes legal argument and ordered him to a jail cell. “Defendant Snipes had a fair trial; he has had a full, fair and thorough review of his conviction and sentence….The time has come for the judgment to be enforced.”

Most recently the IRS served several celebrities with huge tax bills. Betcha their faces were tight when they opened the envelop. Businessweek wrote an article that discuss eleven shelters, dodges, and rolls—all perfectly legal—used by America’s wealthiest people. Working class folks don’t stand a chance not pay their taxes…

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