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Exclusive: IRS hires "hundreds" for new wealth unit
http://www.reuters.com/article/idUSTRE5BA45320091211 ^

Posted on 12/12/2009 9:50:19 AM PST by tired1

WASHINGTON (Reuters) - A new Internal Revenue Service unit set up to catch rich tax cheats hiding their wealth in complex business entities is rapidly taking shape with the hiring of hundreds of employees.....

President Barack Obama has proposed tightening tax rules for U.S. multinationals, including one in which companies delay paying taxes on income earned offshore, a legal practice known as deferral that officials say is abused....

"With any new thing, you never want to be the guinea pig," Mary Lou Fahey, general counsel for the Tax Executive Institute, comprised of business executives, said.

(Excerpt) Read more at reuters.com ...


TOPICS: Breaking News; Business/Economy; Culture/Society; Front Page News; Government
KEYWORDS: agenda; berlinwall; bho44; bhoirs; democrats; dontapplaudyourenext; economicberlinwall; galt; gestapo; helpwanted; irs; irsfascism; kinggeorgethethird; policestate; revenuegestapo; socialism; sourcetitlenoturl; taxcheatparty; taxfascists; taxnazis
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To: Extremely Extreme Extremist

Uh....if they’re following the law, then they’re not cheats. But there are plenty of people who don’t think the tax laws apply to them. Nick Cage and Wesley Snipes come to mind. And, since I’m in a 33% bracket, I fork over plenty of my income—even using “loopholes”. If I have to do it, then people in like circumstances shouldn’t get away with no doing it.


21 posted on 12/12/2009 10:14:16 AM PST by rbg81 (DRAIN THE SWAMP!!)
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To: tired1

Why don’t they start with our government. There’s a wealth of cheats there. They would hardly have to leave Washington DC. Then they go to some big corporations; and George Soros. Of course there is Chicago.


22 posted on 12/12/2009 10:16:55 AM PST by freekitty (Give me back my conservative vote; then find me a real conservative to vote for)
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To: rbg81
I fork over plenty of my income—even using “loopholes”.

I just wonder how diligently the loop holes are going to be sought after when we are taxed for CO2 and everyone wants to breathe and survive?

Perhaps government employees and representatives will have a tax credit as part of their employment package.

23 posted on 12/12/2009 10:20:18 AM PST by EGPWS (Trust in God, question everyone else)
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To: tired1

If they mean people when they say “multinationals” in the US, then I’m all for it.


24 posted on 12/12/2009 10:21:02 AM PST by mamelukesabre
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To: rbg81

Tax collection is not the problem.....government spending is....and the growing lack of respect for the taxation policies of a socialist government.


25 posted on 12/12/2009 10:25:04 AM PST by cbkaty (I may not always post...but I am always here......)
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To: freekitty

The IRS is under the criminal thug Obama now. Expect to see thousands of conservative and Christian organizations audited. Hillary was doing just this, until she was caught.


26 posted on 12/12/2009 10:27:23 AM PST by stephenjohnbanker (Support our troops, and vote out the RINO's!)
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To: ElayneJ
At the same time, how many businesses are going to relocate outside the country?

I guess those the government doesn't own yet.

27 posted on 12/12/2009 10:33:43 AM PST by UCANSEE2
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To: cbkaty

Tax collection is not the problem


Trust me, tax collection is ALWAYS a problem. The number of tax cheats out there would boggle your mind.


28 posted on 12/12/2009 10:34:53 AM PST by rbg81 (DRAIN THE SWAMP!!)
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To: EGPWS

It’s all covered in the “Do as I say, not as I do” clause.


29 posted on 12/12/2009 10:36:36 AM PST by UCANSEE2
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To: tired1

Do you think the IRS will be hiring unemployed White males for these jobs? What a laugh. They will be hiring anyone BUT to go after the money that White males earned during their lifetimes, and “redistribute” it to the democrats voters.


30 posted on 12/12/2009 10:37:18 AM PST by Leftism is Mentally Deranged
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To: tired1

AND HEROD SENT FORTH THE TAX COLLECTORS; To rape the great domain of its very breath.


31 posted on 12/12/2009 10:37:56 AM PST by Uncle George
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To: rbg81
The number of tax cheats out there would boggle your mind.

Why are there any 'loopholes' to begin with?

32 posted on 12/12/2009 10:41:21 AM PST by UCANSEE2
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To: rbg81
Tax collection is not the problem -------------------------------------------------------------------------------- Trust me, tax collection is ALWAYS a problem. The number of tax cheats out there would boggle your mind.

Taking my statement out of context does not move the argument forward.... Out of control Spending causes loss of respect for taxation.....always has and always will.

33 posted on 12/12/2009 10:41:45 AM PST by cbkaty (I may not always post...but I am always here......)
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To: Uncle George

Render unto Caesar, that which is Caesars.....


34 posted on 12/12/2009 10:43:06 AM PST by cbkaty (I may not always post...but I am always here......)
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To: Leftism is Mentally Deranged
IRS hiring unemployed white folk's surly you jest.

All new created job's by Bozo's criminals goes to the affirmative action bonus points creeps, thugs and a host of community organizers.

Many with 6 figure incomes for doing nothing but producing carbon dioxide.

35 posted on 12/12/2009 10:47:03 AM PST by tiger63
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To: rbg81
The problem is re-distribution......

The trouble ain't that there is too many fools, but that the lightning ain't distributed right.
-------Mark Twain

36 posted on 12/12/2009 10:49:20 AM PST by cbkaty (I may not always post...but I am always here......)
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To: tired1
Hey! It's part of the new jobs the Anointed Zero has created.

ML/NJ

37 posted on 12/12/2009 10:54:54 AM PST by ml/nj
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To: tired1
Less money coming in these days because business is shrinking.

So increase the fascist state to hunt down more dollars instead of creating new wealth.

Heil Obama!!

38 posted on 12/12/2009 10:58:31 AM PST by what's up
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To: tired1

“A new Internal Revenue Service unit set up to catch rich tax cheats.”

Try DC.


39 posted on 12/12/2009 11:01:26 AM PST by maggief
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To: tired1
"He has erected a multitude of new offices, and sent hither swarms
of officers to harass our people, and eat out their substance."
ML/NJ
40 posted on 12/12/2009 11:03:07 AM PST by ml/nj
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