Editor's Note: The following article is not intended as tax advice. For such advice consult a licensed professional. Further, while not a tax professional, the following was reviewed by a tax attorney. While taxation is coercive, economically distortive, and ultimately something to be abolished, it does not follow that one may simply opt out of the existing legal regime. As much as one might wish otherwise, there does exist—at present—a binding legal obligation to report and pay income taxes under U.S. law. This article then is a response to a recent post on Twitter by Peter Schiff, who...
















