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Current DateTime: 04:29:01 21 Nov 2009
LinksList Documentid: 31373452
Expiration DateTime: 11/21/2009 4:30:52 PM
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It Pays to Be a Rat in Chicago
Published: Wednesday, 28 Oct 2009 | 2:40 PM ET
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By: Cindy Perman
Writer

If you live in Chicago, you’d better watch your back: The city is offering a reward to informants who turn in businesses cheating on their taxes, the Chicago Sun-Times reported.

AP
I smell unpaid taxes.

On the other hand, if you’re a business owner and your rival is cheating on his taxes, let’s just say Santa came a little early this year.

If you’re going to rat out a tax cheat, your best bet is to go big: The reward is going to be calculated as a percentage of the tax money recovered.

"It's just another way of bringing people into compliance," said Revenue Department spokesman Ed Walsh.

Yeah, all you have to do is make them an offer they can't refuse.

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