Saturday, March 20, 2010

Income Redistribution: IRS Agents Pursue Payment of 4 Cents

Income Redistribution: IRS Agents Pursue Payment of 4 CentsAs the government in Washington rushes to spend trillions of dollars it doesn't have, the IRS is doing its part to pinch every last penny from American taxpayers. In Sacramento, California, two suit-clad IRS agents recently showed up at Harv's Metro Car Wash to demand payment of 4 cents in back taxes from 2006. Well, 4 cents before taxes and penalties, that is. All told, the pennies debt had accrued an additional $202.31, leaving the owner with $202.35 in payment due.
Ironically, the federal business call came after the IRS issued a letter last October stating Harv's "has filed all required returns and addressed any balances due." Not surprisingly, the IRS refused to comment on the issue, citing "privacy and disclosure laws.
"Although he complained that the IRS agents "didn't even get a car wash" during their visit, the owner nonetheless noted the humor in the situation. "It's hilarious that two people hopped in a car and came down here for just 4 cents. I think [the IRS] may have a problem with priorities." We think so, too.

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