Wednesday, January 19, 2011

Tax Myth #6 - Income Taxes Are Illegal

Doesn't the 5th Amendment make income taxes illegal?

Tried in court and answered many times. Income taxes are legal by the 16th Amendment to the Constitution. The 5th Amendment provides against self incrimination. Courts have ruled that telling the government how much you made and calculating how much you owe isn't incriminating. Justice Oliver Wendall Holmes wrote "Taxes are what we pay for civilized society." While he also wrote that taxes were every American's duty, it was every American's obligation to pay the least amount possible!

We can help fulfill your obligation. Please call (949) 683-8111 or email us at info@southcountycpa.com if you have any questions. We are here to help.

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