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Dave Ramsey
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Caller Liz
So I am with someone very committed that I find out he's not filed tax. He's been having taxes taken out of his checks and things like that, but he hasn't actually filed in about 20 years. And I'm trying to figure out.
Dave Ramsey
The.
Caller Liz
Rest of my life basically because we're very committed. He's 10 years older than I am and wants to retire. Not where we currently live. And I don't really want to go because this is where my job is and I'm not ready for retirement. I still have about 10 more years before I can retire. And I just know that once I leave there, leave here, then I have to start over. So a little advice maybe. I don't know.
Dave Ramsey
I mean, how do you feel about planning your future with someone that's in jail?
Caller Liz
Not real confident about that.
Dave Ramsey
Yeah, I'm pretty confident that's where he's going.
Caller Liz
Yeah.
Dave Ramsey
Failure to, failure to file federal income taxes is a federal crime. 2581 people were incarcerated for that last year.
Caller Liz
Okay.
Dave Ramsey
It's go to jail, do not pass go, do not collect $200. So, I mean, Mr. Off the Grid or what the ever. The flip is going through his redneck brain is about to have a serious problem. And to the extent you're connected to him, you're going to have a serious problem. They will catch up with him.
Caller Liz
Okay.
Dave Ramsey
They're not good at a lot at the irs, but they're really good at collecting taxes. Okay, so why has, why has he, pray tell, not filed his income taxes?
Caller Liz
I am not 100% sure of that answer. I just know that there was a history of no job then. So he didn't have to do that, obviously. But then when he did, I don't, I don't really know what the thought process was there. So I can't, I can't answer that one.
Dave Ramsey
It sounds like there wasn't a thought process. That's what it sounds like. So, okay. There's just a lot of red flags there. If you were My little sister, I would just tell you to rethink whether you're going to be committed to this guy. If he is going to clean up his act and get caught up on his filings, you know, maybe he. Now, maybe that would entitle him to your attention, but he's not entitled to your attention right now because this is not a good guy. I don't, I don't think he's evil, but he, he's really slothful. This is dangerous. This is dangerous.
Co-host
Liz, Liz, if he's willing to withhold information from the federal government and Dave's made it really clear what the consequences of that looks like, he's. What, pray tell, is he willing to withhold from you?
Dave Ramsey
Just two pray tells in one call.
Co-host
I know, I'm sorry. That just jumped into me. It's such a great phrase, Liz. I gotta. I think Dave was really crystal clear with you, so I would dump this guy until he cleaned his life off.
Dave Ramsey
He will not get current on his taxes. That's a deal breaker for me. If you're my little sister, I'm gonna make you do that. Okay? Now if he wants to get current and not go to jail, I can actually walk him through that and I'll give you a little quick overview because now that I've stirred this up, there's other people sitting out there going, oh God. Yeah. Okay, so here's what he can do. You can go to ramseysolutions.com, you can get in touch with one of our tax endorsed local providers and if you will proactively go to the irs, you usually can file about three, maybe four years worth and they will call, they will let you get back on the grid and there'll be no criminal charges. The criminal charges do not occur when people come to them. I've never seen anyone get criminal charges that were. We walk them out of the, out of the dark, into the light, into the IRS office with a professional and get them caught up. Okay. He's gonna be okay if he does that. But if they find him and he's trying to hide, oh, that's when you get in trouble. So he can get with a tax professional, probably file about three years, maybe four years worth. They will call it even, they'll call it a day. And he's gonna have to go back, dig up his W2s and figure out what's been withheld. He may not even owe a lot of taxes. He may have had so much withheld that there's actually money due to him. Well, not with the penalties and interest he's gonna get. But anyway, you see what I'm saying? It might not be $100,000 problem, but it is a problem. It's like a big deal. Okay, so if he's gonna date my little sister Liz, and she. And ask her to commit to him long term in the form of marriage or something. Long term? Big brother Dave is going to say, unless you're willing to get current on your taxes and stay current. Because I don't want my little sister Liz married to a jailbird.
Co-host
Yeah, and God only knows what he gets her twisted into, too. I mean, I'm not trying to just pour on here, Liz, with the things that could happen, but this is so bad. And I don't like the idea that he wants you to move, start over fresh. I mean, there's just this relationship is really jacked up and I think a pause is necessary. I really think this is a relationship issue is all this is. This is a money issue. It's not your problem and it shouldn't be your problem.
Dave Ramsey
Yeah, and it's gonna. It's gonna. It's gonna be. It's gonna show up in a whole bunch of places. It's gonna be a problem.
Co-host
It's funny that you say that, Dave, because the IRS loves when you come knocking on the door. They love to collect your taxes, but boy, oh, boy, they get mad if you haven't sent it in. Oh, man, they will turn it into a. Oh, I'm.
Dave Ramsey
I'm one of their favorite hobbies. They've got their own office here auditing me. They just live with us. But, but, you know, I hate those people. But, but. And I'm not. I'm not opponent of, you know, like, I think the federal income tax system is a wonderful thing. I don't. I think it's horrible. I think it's an out of control, arcane, horrible process. I'm, I'm not, Not any of that. But I'm just saying when you don't file taxes, it's not. You're making a statement about them, you're making a statement about you.
Co-host
That's correct. Yeah. We love our freedom more than we hate taxes. And so that's the issue here.
Dave Ramsey
Well, it's a matter of. It's a matter of integrity to do what the law says, even if you disagree with it.
Co-host
I agree.
Dave Ramsey
You know, so that, that thus you.
Co-host
Should go to jail if you break the law.
Dave Ramsey
That's. Yeah. Oh, be careful, Liz. Be careful. You've been warned. Hun. And now you know, create your free every dollar budget today. The simplest way to budget for your life.
Podcast Summary: The Ramsey Show Highlights – “This Is Dangerous, Liz”
Episode Information
Overview In this compelling episode of The Ramsey Show Highlights, Dave Ramsey addresses a concerning call from a listener named Liz. The discussion centers around Liz’s relationship with a partner who has failed to file federal income taxes for approximately 20 years. Dave Ramsey, alongside his co-hosts, provides candid advice on the legal and personal ramifications of such financial negligence, emphasizing the importance of integrity and responsibility in financial matters.
Key Sections
Introduction and Caller’s Dilemma (00:36 - 01:35)
The episode begins with Liz reaching out to seek guidance regarding her partner's long-term failure to file taxes. She shares her worries about their committed relationship and the potential fallout from his tax issues.
"So I am with someone very committed that I find out he's not filed tax. He's been having taxes taken out of his checks and things like that, but he hasn't actually filed in about 20 years. And I'm trying to figure out the rest of my life basically because we're very committed."
Dave Ramsey’s Warning on Legal Consequences (00:54 - 02:16)
Dave Ramsey addresses the severity of not filing taxes, highlighting it as a federal crime with significant repercussions.
Dave Ramsey (01:39 - 01:53):
"Failure to file federal income taxes is a federal crime. 2581 people were incarcerated for that last year."
Dave Ramsey (01:54 - 02:16):
"It's go to jail, do not pass go, do not collect $200. So, I mean, Mr. Off the Grid or whatever the ever. The flip is going through his redneck brain is about to have a serious problem. And to the extent you're connected to him, you're going to have a serious problem. They will catch up with him."
Analyzing the Partner’s Behavior and Risks (02:17 - 03:37)
Liz reveals uncertainty about her partner’s reasons for not filing taxes, leading Dave Ramsey to discuss the absence of a coherent plan and the associated risks.
"It sounds like there wasn't a thought process. That's what it sounds like. So, okay. There's just a lot of red flags there. If you were my little sister, I would just tell you to rethink whether you're going to be committed to this guy... This is dangerous. This is dangerous."
Co-host’s Reinforcement of Dave’s Message (03:37 - 04:01)
The co-host underscores the gravity of Liz’s situation, emphasizing the importance of transparency and accountability.
"Liz, Liz, if he's willing to withhold information from the federal government and Dave's made it really clear what the consequences of that looks like, he's... What, pray tell, is he willing to withhold from you?... I think Dave was really crystal clear with you, so I would dump this guy until he cleaned his life off."
Steps to Resolve Tax Issues (04:01 - 06:06)
Dave Ramsey provides actionable advice for Liz’s partner to rectify his tax situation, emphasizing proactive measures to avoid criminal charges.
"If he wants to get current and not go to jail, I can actually walk him through that and I'll give you a little quick overview... He can go to ramseysolutions.com, you can get in touch with one of our tax endorsed local providers and if you will proactively go to the IRS, you usually can file about three, maybe four years worth... So he can get with a tax professional, probably file about three years, maybe four years worth."
Further Insights and Moral Implications (06:06 - 07:30)
The discussion delves into the ethical considerations of complying with tax laws, even when disagreeing with the system, and the broader implications of financial irresponsibility on personal relationships.
Dave Ramsey (07:16 - 07:30):
"It's a matter of integrity to do what the law says, even if you disagree with it. You know, so that, that thus you should go to jail if you break the law."
Co-host (07:21 - 07:30):
"We love our freedom more than we hate taxes. And so that's the issue here."
Notable Quotes with Timestamps
Dave Ramsey (01:53):
"Failure to file federal income taxes is a federal crime."
Caller Liz (01:35):
"I am not 100% sure of that answer. I just know that there was a history of no job then."
Dave Ramsey (03:37):
"This is dangerous. This is dangerous."
Co-host (04:01):
"I think Dave was really crystal clear with you, so I would dump this guy until he cleaned his life off."
Dave Ramsey (07:16):
"It's a matter of integrity to do what the law says, even if you disagree with it."
Concluding Insights
The episode serves as a stark reminder of the legal and personal dangers associated with financial irresponsibility, particularly in the realm of tax compliance. Dave Ramsey emphasizes the importance of integrity, proactive problem-solving, and the potential need to make tough personal decisions to maintain one's financial and legal standing. For listeners facing similar dilemmas, the advice centers on seeking professional guidance, addressing issues head-on, and prioritizing lawful behavior to ensure long-term stability and peace of mind.
Final Thoughts
“This Is Dangerous, Liz” is a powerful episode that highlights the intricate interplay between personal relationships and financial responsibilities. By addressing Liz’s predicament with expertise and empathy, Dave Ramsey underscores the critical nature of financial literacy and accountability in safeguarding one’s future.