Stealing is wrong, however, depending on the value of the object stolen, it can either be a misdemeanor or a felony. A misdemeanor usually results in a fine, while a felony can result in either jail or prison time depending on the severity and number of offences you have. Most states break it down by dollar amount of the stolen items. Under $1000, misdemeanor, over $1000, felony. Felony is a federal offence, misdemeanor is a civil offence.