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>it's nearly the same mechanism as what was used against alcapone to jail him for inocme tax evasion -> he had access to absurd amount of wealth, and there is n
by nobody9999 4y ago
>it's nearly the same mechanism as what was used against alcapone to jail him for inocme tax evasion -> he had access to absurd amount of wealth, and there is no way the could have aquired it legally.
Actually, it wasn't that Capone had "an absurd amount of wealth," the amount was irrelevant. Just ask J.P. Morgan, John D. Rockefeller and others who weren't put in jail for being "too wealthy." It was because Capone didn't pay taxes on that income
In fact, the US Internal Revenue Service (IRS) treats "illegal" income[0] exactly the same way it treats "legal" income for tax purposes.
[0] https://en.wikipedia.org/wiki/Taxation_of_illegal_income_in_the_United_States https://en.wikipedia.org/wiki/Taxation_of_illegal_income_in_...