O'Reilly logo

How to Pay Zero Taxes, 2018: Your Guide to Every Tax Break the IRS Allows, 35th Edition by Jeff A. Schnepper

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

CHAPTER 2

Is It Legal?

“Taxation must not take from individuals what rightfully belongs to individuals.”

HENRY GEORGE

In 2008, a record 51.6 million tax returns—36.3 percent of all returns filed—had no income tax liability because of the available credits and deductions in the tax code. For 2014, the number had risen to 46 percent. By 2015 it was 45.3 percent.

“The purpose of the IRS is to collect the proper amount of tax revenue at the least cost to the public, and in a manner that warrants the highest degree of public confidence in our integrity, efficiency, and fairness. To achieve that purpose, we will: Encourage and achieve the highest degree of voluntary compliance in accordance with the tax laws and regulations; Advise the public of ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required