Another Reason to Abolish the IRS

From The Free Thought Project:

IRS Agent Busted for Attempting to Extort $20,000 from Cannabis Shop Owner

It seems the IRS agent was unhappy with his pay and, using twisted logic only a tax collector could come up with, felt he should be compensated for helping the business owner out:

“The 42-year-old agent, Paul G. Hurley, reportedly demanded a $20,000 bribe from the shop owner, in exchange for a break on an audit. In fact, Hurley had said that he saved the business owner over a million dollars on his tax return, and that his current tax bill was just under $300,000.” (Read more at http://thefreethoughtproject.com/irs-agent-arrested-demanding-20000-bribe-seattle-cannabis-shop-owner/#VMbIgtv8Ug0P1bCP.99)

What is not totally explained in the above article, but is more clear in this, IRS Agent Charged with Soliciting Bribe from Marijuana Dispensary, is that since marijuana remains illegal at the federal level, the IRS permits no deductions.

“According to prosecutors, Hurley has been an IRS revenue agent with the IRS. Starting in July, he began auditing the 2013 and 2014 tax returns of a Seattle marijuana business. Because marijuana remains illegal under federal law, no business deductions are allowed on federal tax returns and the gross revenue is taxable.”

Yes, you read that correctly.  The business owner must pay tax on gross revenue!


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