If the tax was legal and penalties and such legal then why would the irs negotiate down to little if any tax owed?
Just had a freind that owed 60k according to the irs (LOL) they settled for 300.00$ and signed an reciept with his lawyer that they will NOT audit or bother the man for 10 years, and they cannot go back . Hmmmm...
I love Uneducated peeps that like to find fault with those that have taken the time to read and learn.
So the IRS got 500 million- and how much did the bureaucracy cost to get that 500 million, and what damage have we done to diplomacy by playing bully to the swiss? 500 million ain't much, in fact Obama threw that much away on one government loan to a bankrupt solar company in California.
If I use after tax money and start an account overseas- I should not have to worry about the IRS playing bully to my foreign bank. If my investments overseas make money- I understand that I owe taxes on those earnings. It's up to each individual to honestly report their earnings, but I called the IRS for YOU today LJ- just so they can really check you out thoroughly this year.
If I made my money overseas and use a foreign account - that is legal. Obama is the first president I have heard of going after US citizens who have money outside the country. I think this is going to cost us a whole lot more than the money we collect. The swiss bankers are also losing big here- it's always been understood that those accounts are private, and they have caved into Obama's demands to spit out names. Who's going to trust a swiss bank now?
The U.S. Government is the largest mega corporation in the world- I thought the left didn't like mega corporations and our government is the biggest one of all, funded by fleecing the productivity of all Americans. And they are also the world experts at destroying wealth. They piss away vast sums of money every year- money that could have been used to create more wealth and jobs in private hands.
The government are also the world experts in inefficiency- they know exactly how to take a dollar and use it in the least effective way known to man.
The money in those swiss accounts would have created more wealth and done more good if it was just left alone.
SS109 wrote: LJ,
Tax cheats, maybe. This is the same goverment that launched Fast & Furious and continues to entrap people and seizes assets before guilt is proved.
And the Economist is writing about this and now the Swiss goverment and banks are starting to push back against the IRS heavy handed tactics.
One way the IRS operates, they threaten you with high court costs and legal fees so often it is just cheaper to pay off the reduced fines than prove your innocence, extortion.
Suprised to see you a fan of freedom cheering on thugs in blazers.
I'm a fan of tax-cheats getting caught and having to pay what they owe, plus penalty and interest.
Surprised to see you a fan of cheaters, and criminals. No, on second thought...I'm not surprised.