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I've read (somewhere) that the IRS wants [not only] the 52,000 names of U.S. people with secret Swiss accounts from UBS, but they also want to know who the CPAs and tax preparers are that recommended these people get offshore secret accounts to avoid paying taxes. Also, the IRS wants these participants to reveal the names of other people that are avoiding taxes or aiding people to avoid taxes.
This could get interesting! UBS has already acknowledged that some of its bankers actively solicited wealthy Americans as clients by promising to help them evade taxes.
Even though UBS has agreed to turn over the names of U.S. account holders in an agreement with the SEC and U.S. authorities the problem will be if the Swiss courts will allow UBS to do it.
I can't wait to see which high-profile politicians have committed fraud by not paying taxes.
Swiss authorities handed over the files on the 250 to 300 American clients of who are suspected of tax fraud. The transfer took place in the middle of the night in the Swiss capital, Bern, just ahead of a U.S. deadline for Swiss cooperation. But U.S. officials want much more. According to Thursday's filing, the thousands of accounts in question held about $14.8 billion in assets in the past decade.
Former Senator Phil Gramm (R) is vice-president of a U.S. division of UBS, and his expertise has long been known to be as an advisor to tax cheats on how to hide their money in order to evade taxes. Anyone wanna bet that Phil Gramm's name isn't on the UBS list of tax cheat names?
UBS Donations: #14 for Obama Presidential campaign--$505,017 #3 for Emanuel Congressional campaigns--$86,100
How many of the tax cheats sit in corporate board rooms? How many served in America's hallowed halls of government at some time in their career? The public will never know, as Obama's "Just Us" Department sealed the settlement.
What I'm getting at is that people who hide money off-shore are stealing from me, and I don't like that. Where did those people get that money? They made it here in the good old USA. When I make money, I pay taxes on it. That's as it should be. I live in this country, raise my kids here, and so I help support my country. Anybody who disagrees with that notion shouldn't live here. Please go elsewhere to freeload, not on the backs of hard working Americans who pay their fair share to live in what is still the best country in the world. Go be with your money.
What I'm getting at is that people who hide money off-shore are stealing from me, and I don't like that. Where did those people get that money? They made it here in the good old USA. When I make money, I pay taxes on it. That's as it should be. I live in this country, raise my kids here, and so I help support my country. Anybody who disagrees with that notion shouldn't live here. Please go elsewhere to freeload, not on the backs of hard working Americans who pay their fair share to live in what is still the best country in the world. Go be with your money.
Over 90 percent of what the federal government does, it shouldn't be doing. It's unconstitutional. Most federal agencies should not exist. Try reading through the federal budget sometime and then tell me how great you feel about supporting your "country." Much of the income tax alone goes to pay the interest on our fiat money supply (which we don't actually own) to the federal reserve (which isn't all that federal). And the entire income tax system is an invasion of privacy. And drop the silly "patriotism" about going elsewhere/"best" country/etc.
My country is my state anyways not the federal government. The federal government, what it does and how it spends money, disgusts me. As far as I'm concerned tax evaders are patriots the same as our tax evading founding fathers were.
Over 90 percent of what the federal government does, it shouldn't be doing. It's unconstitutional. Most federal agencies should not exist. Try reading through the federal budget sometime and then tell me how great you feel about supporting your "country." Much of the income tax alone goes to pay the interest on our fiat money supply (which we don't actually own) to the federal reserve (which isn't all that federal). And the entire income tax system is an invasion of privacy. And drop the silly "patriotism" about going elsewhere/"best" country/etc.
My country is my state anyways not the federal government. The federal government, what it does and how it spends money, disgusts me. As far as I'm concerned tax evaders are patriots the same as our tax evading founding fathers were.
The DOD is over 50% of the Fed Budget. Common Defense is right there in the preamble. Kind of shoots down your 90% theory.
Tax evading patriots? Tim McVeigh a patriot in your eyes too?
The DOD is over 50% of the Fed Budget. Common Defense is right there in the preamble. Kind of shoots down your 90% theory.
Tax evading patriots? Tim McVeigh a patriot in your eyes too?
There isn't supposed to be a constant, standing army. We aren't supposed to be the world's policeman either (the reason we've gotten so out of hand with military spending). To call the Iraq war "defense" is more than a stretch.
What would you call our founding fathers who illegally smuggled goods in and out of the country avoiding taxes? Printing items without paying taxes (tax stamps required on paper items, etc.)?
IUt looks from the appointees that not paying taxes is pretty nomal amoung the elite. But then I once saw the amount they estimale people don't report as income alone and it was stagerring.
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