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So, Capone could have declared his income, but not its source, paid the tax and it would have been impossible to prove he ordered murders (cos everyone was scar
by lifeisstillgood 6y ago
So, Capone could have declared his income, but not its source, paid the tax and it would have been impossible to prove he ordered murders (cos everyone was scared) and / or unconstitutional to use his own declaration to convict him of a criminal act.
I think even Saul from Breaking Bad would have struggled to sell that as a tactic.
- bob1029 6y agoAt the end of the day, everyone just wants your money. Keep the IRS and your various debtors well-paid and they probably won't have a good reason to ruin your life. As the saying in the business goes: Only break 1 law at a time.
- jandrese 6y agoBack when Capone was operating there weren't even KYC laws to catch him in. This could have worked. Or it would have just pressed the feds to go for a real conviction instead. I always thought the tax stuff was a cop out.
- BitwiseFool 6y agoIf the government wants you imprisoned they'll find a way.
- closeparen 6y agoI wonder. Walter laundered his drug income through his car wash business. He could have rigged the business to be loss making, but then it wouldn’t work to explain the source of his wealth. So presumably it reported a profit and paid taxes on it.
- jcpham2 6y agoSpeculation on a fictional universe, super
- closeparen 6y agoMoney laundering happens in this universe too.