Académique Documents
Professionnel Documents
Culture Documents
Tran
Professor
Solcher
Acct
3350.001
Fall
2015
November
19,
2015
Tax
Issues
Identifying
Project:
The
Dark
Knight
The tax system in the United States is well structured in creating a civilized
society.
People
will
always
complain
about
paying
taxes
without
understanding
the
reason
why
we
pay
it.
Ask
yourself,
What
happens
if
we
didnt
pay
taxes?
Taxes
have
to
be
levied
to
provide
funds
to
our
government,
in
order
to
live
in
a
well-
mannered
environment.
The
incentives
of
having
a
national
defense
system
and
Social
Security
for
when
we
retire
is
a
great
perk
in
paying
taxes.
A utopian society will most likely never happen in our world. Not all citizens
will
abide
by
the
common
rules
laid
out
for
us,
but
we
are
all
guilty
of
breaking
rules
ourselves.
How
often
then
not
do
we
file
income
from
mowing
the
lawn
or
babysitting
a
familys
child?
A
typical
person
would
pocket
this
money
without
filing
for
tax
purposes,
therefore
earning
the
full
amount.
In
the
movie,
The
Dark
Knight
the
Joker
breaks
the
rules
and
goes
about
society
the
way
he
pleases.
Maroni and his mob own the rights to the property of the warehouse and the
two
cars
that
are
pulling
up
for
the
meeting.
In
the
scene,
all
of
the
employers
at
the
warehouse
work
for
the
mob
but
after
negotiating,
the
employers
now
work
for
the
Joker.
The
employers
are
fully
equipped
with
guns
and
so
is
the
Joker.
The
Joker
also
earns
half
of
the
mobs
share
from
his
services
in
retrieving
the
money
back
for
the
mob.
Additionally,
the
Joker
opts
to
burn
his
half
of
the
money
by
pouring
gasoline
on
the
mountains
of
cash
and
throwing
Checans
cigar
into
the
cash
to
light
it.
Bruce
Wayne
is
the
chief
executive
officer
and
has
the
most
shares
of
Wayne
Enterprise,
giving
him
credit
for
ownership
of
this
business.
Reece,
Lucius
Fox,
and
Alfred
are
all
employees
of
Bruce
Wayne.
Commissioner
Gordon
and
the
rest
of
the
police
force
are
required
to
wear
proper
attire
and
equipment
to
carry
out
their
job
duties.
In
a
mere
three-minute
clip
of
The
Dark
Knight,
signs
of
multiple
tax
implications
are
present.
The
gasoline,
guns,
and
cigarettes
are
all
items
subject
to
excise
tax.
The
excise
tax
differs
from
sales
tax
in
that
it
is
not
based
on
the
sales
value
of
the
product.
Rather,
an
excise
tax
is
typically
imposed
on
a
quantity,
such
as
a
gallon
of
gasoline
or
a
pack
of
cigarettes.
Commissioner
Gordon
and
his
police
force
may
have
a
deductible
on
the
uniform
and
equipment
if
the
dollar
value
exceeds
the
allowance
and/or
expenditure
of
the
item.
Schedule
A
(Form
1040)
offers
a
lot
of
tax
incentives
for
police
officers
if
they
own
a
home
and
are
thorough
in
documenting
their
miscellaneous
deductions.
Since
Bruce
Wayne
is
the
owner
of
Wayne
Enterprise,
he
is
liable
to
his
employees
Social
Security
tax
and
Medicare
taxes.
He
is
also
subjected
to
property
tax
for
his
business
as
well.
Everyone
in
the
scene
is
entitled
to
a
standard
deduction
based
on
his
or
her
filing
status.
Both
Bruce
and
Maroni
are
allowed
to
deduct
their
expenses
of
the
utilities
and
employee
wages
they
provide.
Maroni
is
also
in
charge
of
his
employees
taxes
and
deductions
where
they
see
fit.
The
two
cars
that
are
driving
to
the
warehouse
in
the
beginning
of
the
scene
could
give
Maronis
employees
a
tax
deduction
on
their
tax
return.
They
can
file
the
cars
expenses
as
business
purposes
and
get
a
deduction
from
this
result.
The
car
can
be
furthermore
being
deducted
using
either
the
standard
mileage
rate
or
actual
cost
method.
The
warehouse
of
the
mob
is
also
subject
to
property
tax
as
well.
The
warehouse
represents
a
capital
expenditure
and
the
Joker
causes
damages
to
the
building
by
putting
it
on
fire.
The
capital
recovery
concept
states
that
no
income
is
taxed
until
all
capital
previously
invested
in
the
asset
are
recovered.
The
repair
and
maintenance
expense
due
to
fire
can
be
considered
a
deduction.
For
all
the
new
employees
that
now
work
for
him,
he
would
need
to
start
deducting
taxes
for
Medicare,
Social
Security,
and
federal
withholding
taxes
from
their
paychecks.
The
stacks
of
cash
represent
an
illegal
activity
through
money
laundering
from
the
mob.
The
Joker
obtains
income
from
half
of
the
mobs
money
from
bartering.
However
if
he
has
it
insured
then
any
insurance
proceeds
would
not
count
as
income
since
it
would
be
reclaimed
as
a
loss.
But,
for
the
movies
sake
the
Joker
does
not
abide
by
the
rules.
The
Joker
is
still
liable
for
filing
and
paying
a
sales
tax
report
for
any
taxable
sales
despite
the
fact
that
he
already
burned
his
sales
potentially.
Under
the
all-inclusive
income
concept,
all
income
received
is
considered
taxable
unless
some
specific
provision
can
be
found
in
the
tax
law
that
excludes
the
item
in
question
from
taxation.
The
tax
law
always
starts
with
the
proposition
that
anything
of
value
received
is
taxable.
The
Joker
earned
his
money
through
illegal
activities
based
on
the
IRS.
The
IRS
requires
that
the
income
from
illegal
activities
must
be
included
in
your
income
on
Form
1040,
line
21,
or
on
Schedule
C
or
Schedule
C-EZ(Form
1040)
if
from
your
self-employment
activity.
The
scope
of
the
Work
Cited
Murphy,
K.
(2015).
Concepts
in
federal
taxation
2015.
S.l.:
Cengage
Learning.
Publication
525
(2014),
Taxable
and
Nontaxable
Income.
(n.d.).
Retrieved
November
19,
2015,
from
https://www.irs.gov/publications/p525/ar02.html#en_US_2014_publink10
00229492
Stevens,
E.
(2011).
Tax
preparation
tips
for
cops.
Retrieved
November
19,
2015,
from
http://www.policeone.com/off-duty/articles/3422386-Tax-
preparation-tips-for-cops/
Taxable
and
Nontaxable
Income.
(2014).
Retrieved
November
19,
2015,
from
https://www.irs.gov/pub/irs-pdf/p525.pdf