Cheating by the Million
Tax evasion is becoming an epidemic, and honest people are suffering
We're talking about hardworking people in an honorable profession," says Bernard Moskowitz, an official of the Internal Revenue Service in New York City. Specifically, he is talking about private-duty nurses, who often earn as much as $150 a day, and he has been investigating whether these honorable people pay their income taxes. The results are dismaying. In a sample of 400 nurses, more than 90% failed to report all their income; the average nurse owes $3,500 in back taxes. Says Moskowitz:...