Man Dodges Taxes For 10 Years, Wins In Federal District Court
You know those kooks who go around not paying their taxes and saying there’s no law to make them? Well, one of them just won.
Attorney Tom Cryer, who hasn’t paid taxes in 10 years, thinks income tax “is a sham,” and argued in court that the current tax laws don’t apply to personal earnings, reports the Shreveport Times.
Cryer created a trust listing himself as the trustee, and received payments of dividends, interest and stock income to that trust, according to the indictment. He also was accused of concealing his receipt of the sources of income from the IRS by failing to file a tax return on behalf of that trust. “I determined that my personal earnings were not 100 percent profits, some were income,” Cryer said.
While Cryer agrees he has income, the U.S. Attorney’s office was apparently unable to prove that income equals taxable revenue.
Local attorney acquitted on federal income tax charges [Shreveport Times]
(Photo: chasingfun)
Want more consumer news? Visit our parent organization, Consumer Reports, for the latest on scams, recalls, and other consumer issues.