Waxman: Blackwater may have engaged in tax evasion

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The chairman of the House Oversight and Government Reform Committee asserted Monday that Iraq security contractor Blackwater USA “may have engaged in significant tax evasion.”

In a letter to Blackwater Chairman Erik Prince, panel Chairman Henry Waxman (D-Calif.) noted that the IRS earlier this year ruled that the company “violated federal tax laws by treating an armed guard as an ‘independent contractor,’ ” Waxman said. “The implication of this ruling is that Blackwater may have avoided paying millions of dollars in Social Security, Medicare, unemployment and related taxes for which it is legally responsible.”

http://thehill.com/leading-the-news/waxman-blackwater-may-have-engaged-in-tax-evasion-2007-10-22.html

[msongs]

1. war profiteers violate the law???? really??? who'da thought... nt

[long_green]

2. Henry! Sick balls!

that strangeness above is a paraphrase of a line from "Stand by Me."