Paying Taxes Can Tax The Better Of Us: Difference between revisions
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Revision as of 14:36, 25 July 2026
The old adage is crime doesn't pay, but one certainly can wonder sometimes about the precision of it given the volume of of politicians that seem to be burglars! Regardless, the fact you are making money from a criminal offense doesn't mean you don't have to pay taxes. That's right. The IRS wants its unfair share of your ill gotten gains!
What it is actually accepted as your 'income' tax has two tax brackets each featuring its own tax rate from 10% to 35% (2009). These rates are used for your taxable income which is income for upwards of your 'tax free' returns.
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