What Pimpsmooth said. And off-topic, but why is the guy with THAT name the first beacon of maturity to post? That's just hilarious.
Any event, reports are supposed to be for in-game actions and chat. Not as a way of "getting back" at someone for reporting you. Thankfully, the system is moderately good at identifying players who report without justification, and it weighs their reports much less.
As a matter of fact, even if you AREN'T trying to report people for reporting you (which is very abusive of the system), you'll still want to self-limit your reports to the more extreme cases where someone REALLY deserves it. If you spam reports, the system barely acknowledges your reports, and you'll not have a meaningful impact in punishing the people who DO deserve it.
If you keep your reports to a minimum, the few times you do report someone, the system will take note of it.
Well... as much as it ever will, any rate. #BringBackTheTribunal