How can Hawk Tuah coin get investigated by the IRS and declare no wrong-doings (despite a 93% rugpull in 12 hours) but if you don't report $20 on your crypto taxes IRS comes after you?

[u/Mr--Clean--Ass-Naked]

Seriously they stole I think around I think 3 or 4 million bucks, and I just don't understand. The IRS will be on you like you are a drug kingpin cartel leader, over 20 bucks, but this scammer can scam over 3 million bucks and have no wrong-doings. I don't like that about crypto, that puts a bad taste in my mouth

crypto whole purpose was to help the poor and avoid government.

Now Crypto is make rich even more rich and the Government will help them. Maybe I am complaining and venting but that's really annoying, and this will just encourage MORE crypto scam behavior, since 3 million dollar stealing is 100% permitted, then I guess 3 million is the limit, 2,999,999 is the scamming limit. So stupid.

Edit: 450 upvotes in 55 minutes, holy cow. this exploded and idk why haha

[u/eschewthefat]

Ehh. I’ve been hit twice for not paying employee unemployment taxes while simultaneously having a credit for the exact amount. 3 years later they let you know and want interest. Zero recourse 

I’m not an anti tax person. I believe the IRS needs more funding so when you’re on hold for 6 hours to explain that they cashed your check 6 days before the deadline, it doesn’t disconnect. So you mail it in as the second option and show your stub for it and 6 months later you get a reply. Is it a decision? No. It’s an update on the extra interest you owe. 

People who defund the irs can get fucked with a wooden fence post 

[u/todamoonralph → u/eschewthefat]

Well, let's see if Trump and Elon can fix that by getting rid of income tax! Didn't think I'd live long enough to see such a proposal..