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Can Facebook Replace the DMV?

“I paid my 2011 taxes in full.”

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Could social media reduce tax evasion? Probably not. But having people declare that they’ve paid their taxes at the end of the financial year might light a virtual fire under those who hadn’t, Flynn says. A recent Pew Research Center report suggests that some people may be reluctant about stating that they have paid their taxes. The number of Americans who feel they pay more than their fair share in federal taxes fell over the past decade to 38% from 55%, and only around half (52%) of the 1,500 people surveyed said they pay the right amount in taxes, the survey said. Flynn also cautions that the IRS, lawyers or even former spouses could have their own reasons to pry into Facebook to see the financial claims — true or false — made by people on Facebook. “The IRS currently uses Facebook to find people,” he says. “Privacy measures would need to be in place as many organizations could use this kind of information to their advantage.”

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