Re: Are you F#%^&ng kidding me!!!!!!! Super Beat for some dude.
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Here's how the IRS works.
EV = (probability of him paying x)*x - (cost of getting him to pay x)
Cost of a letter stating the value of the ball and taxes he owes: $0.43 for the stamp + maybe $0.50/sheet for nice letterhead
P_pay: something more than zero
x: $200,000
The IRS makes +EV plays. He just has to make P_pay and x go down while forcing their cost up by hiring a decent tax lawyer.
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this needs some love
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It does. This is exactly what they did to about 200,000 grad student the year the tax code was changed to tax grad student stipends. They sent out a lot of letters telling grad students they owed $500 in taxes on the previous year's stipend. Thing is, the tax code changed applied to the next year, not the current one, so really they were just fishing to see who wouldn't notice and just send them a check.
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