IRS Reminds Scumbags To Report Looting Earnings On Their Taxes

What a year it has been for the scumbag looting community that has pulled all sorts of smash and grabs -- or just plain grabs -- across this country, but mostly in lib lib hotbeds of Los Angeles, San Francisco, Chicago, New York and Philadelphia.

There was the Oregon incident where thieves walked out with Romex spools. Scumbags hit a Chicago luxury automobile dealership and ripped off watches that were in display cases. Walgreens was being hit so often in San Francisco that the chain announced it would close five stores because the shoplifting wouldn't stop. In New York City, one scumbag had been arrested 46 times in 2021 for shoplifting.

There were even scumbags pulling laundry detergent heists.

It was a banner year for the scumbag looting community, but now comes the bad news from the IRS. The feds want the scumbag losers to claim earnings on their stolen goods.

Right there in the income tax department of the IRS is the section on "Stolen property," which states:


If you steal property, you must report its fair market value in your income in the year you steal it unless you return it to its rightful owner in the same year.





















It doesn't take a law expert to figure out that the feds will use this section of the tax code to smack around a criminal in court when basic shoplifting charges won't do anything these days.

Still, it's humorous to think that criminals will sit there and add up the prices of stolen goods and then sit down to add it to their taxes.

Do you think 70-year-old Atlanta man Robert Whitley wrote down the value of the 140,000 items he sold ($3.5 million in profits) on Amazon marketplace that investigators say was stolen from stores like Target, CVS and Publix?

In that case, Whitley pleaded guilty to interstate transportation of stolen property and was sentenced to six years in federal prison. There's no word if the IRS went over his taxes to see if he claimed each and every razorblade that one of his scumbag looters stole for him to resell.

Soon it will be 2022 and it'll be time to get those tax forms out and pay up to Uncle Sam. Start adding up those totals, scumbags. You wouldn't want the IRS to do an audit and learn you've been smashing store windows on the Magnificent Mile.















Written by
Joe Kinsey is the Senior Director of Content of OutKick and the editor of the Morning Screencaps column that examines a variety of stories taking place in real America. Kinsey is also the founder of OutKick’s Thursday Night Mowing League, America’s largest virtual mowing league. Kinsey graduated from University of Toledo.