What are your guys opinions on jobs that pay cash and is not reported to the IRS?
Let's say you picked up a part-time job, aside from your on main job, paying $15 dollars an hour for 4 days/15hours a week. Would it be moral because you would be paying taxes from your first job?
Have you been paid for work and not reported to the IRS?
And, no, I report all income to the IRS.
I know a lot of baby sitters get paid under the table. Should that income be reported?
Gambling winnings, after all you are taking a gamble.
What you are really asking is: Is it immoral to deliberately break the law? I think it is.
Laws are based on moral codes. Unlike law, morality is not so black and white. Jean Valjean broke the law by stealing bread to feed starving children. Was it an immoral act? Martin Shkreli raised the price of a medication to treat a rare disease from $1.50 to $30 per pill. While that may not have been illegal, it was certainly immoral.
Exactly. People who can afford to hire CPAs that let them avoid (not evade, but avoid) are perfectly within the law. It's one reason I think a Fair Tax (a tax not based on income, but on spending) is a more just system. As long as we're allowed to write off mileage, claim lodging and meals, or deduct a "therapeutic" massage, there's little reason not to do so. I wholeheartedly agree with MFJohnston that legal does not equate to moral, and illegality does not necessarily mean immorality.@MFJohnston wrote:
So... Legally, yes, your income should be reported. However, I don't equate "legal" with "moral."
Report your income within the parameters of the law.
I'm sure the person from whom he stole found it immoral.@LisaSTL wrote:
Laws are based on moral codes. Unlike law, morality is not so black and white. Jean Valjean broke the law by stealing bread to feed starving children. Was it an immoral act?
It doesn't matter if one's income is reported by the payer to the IRS or not. The recipient must report ALL income. That includes fees earned by shoppers. It also includes income earned from illegal activates such as fraud and theft.