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> Government already knows how much you owe them. I don’t get why people think this is true. Take a really simple example of donating to a charity. How would
by arduinomancer 6y ago
> Government already knows how much you owe them.
I don’t get why people think this is true.
Take a really simple example of donating to a charity.
How would the government know you donated without you telling them?
How is the government going to know exactly where you put all your money?
- dataexporter 6y agoIn an ideal scenario, the charity would be reporting your donations to the IRS. That way IRS has the information. If you put your money in a bank, the bank reports it to the IRS. That's how it works everywhere.