Explain the pros and cons of the irs having a public list

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Problem 1: States and local jurisdictions are learning that the threat of public humiliation can be rewarding. When someone owes taxes but does not pay, the prospect of having his or her name listed on a public website may make a difference. Often payment is made to avoid the cybershame that comes from being exposed as a tax deadbeat. Numerous states are publishing the names of tax delinquents online. Some taxing jurisdictions have found the shaming procedure so productive that they maintain separate lists for different types of taxes. As of yet, the IRS has not considered this approach for Federal tax scofflaws. Consider the pros and cons of the IRS having a public list of individuals who owe taxes. Do you think this is a good idea or not? Explain your reasoning.

Reference no: EM132622463

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