September 28, 2012

LAWS ARE FOR THE LITTLE PEOPLE: Inspector General: 88 Federal Agencies Have Not Paid Employment Taxes or Filed Returns. “Federal agencies are exempt from paying Federal income taxes; however, they are not exempt from meeting their employment tax deposits and related reporting requirements. As of December 31, 2011, 70 Federal agencies with 126 delinquent tax accounts owed approximately $14 million in unpaid taxes. In addition, 18 Federal agencies had not filed or were delinquent in filing 39 employment tax returns. Federal agencies should be held to the same filing and paying standards as all American taxpayers.”

Yeah, but nobody will go to jail, or see their bank accounts frozen for this.