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I don’t object to the IRS or any other government going after frauds and schemers who are hiding millions from the taxman, but I do feel uncomfortable when the taxman begins to talk as if God is on his side and we’re probably all tax sinners. The IRS’s stridently righteous tones in recent months sounds far too like the talk of the McCarthy era in the 1950s, which threw a net so wide to catch Communists that it caught anyone wearing pink. So I appreciate the Time magazine article entitled “Foreign tax cheats find the US a safe haven”, published in October. It puts a little balance back into the holier than thou accusations coming out of the IRS office.
What’s that phrase, about the pot calling the kettle black?
News story, GenevaLunch, 17 November 2009.
Filed under: Business and Finance
Tags: IRS, tax cheats, tax evasion, US banks
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