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Obama's Budget Would Increase Penalties Five-Fold on Tax Protesters

Government Bytes (Official Blog of the National Taxpayers), Raising the Penalty
for Tax Protesters/Deniers:

Under current law, the willful failure to pay taxes is a misdemeanor. You could go
to jail for up to a year and pay a maximum fine of $25K (for individuals, $100K for
corporations) for each year you fail to file a return. There is a proposal in the new
budget to increase the penalty for repeated failure to file a tax return:

Any person who willfully fails to file tax returns in any three years within any
five consecutive year period, if the aggregated tax liability for such period is at least
$50,000, would be subject to a new aggravated failure to file criminal penalty. The
proposal would classify such failure as a felony and, upon conviction, impose a fine
of not more than $250,000 ($500,000 in the case of a corporation) or imprisonment
for not more than five years, or both.



http://taxprof.typepad.com/taxprof_b...as-budget.html

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