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Man who ratted out Super-Rich tax dodgers lives in hiding and has $10 million bounty on his head

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Popol Vuh Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-04-08 03:31 PM
Original message
Man who ratted out Super-Rich tax dodgers lives in hiding and has $10 million bounty on his head
American News Project: They hide an estimated $100 billion a year from the IRS, but now the US Senate is turning up the heat on super-rich tax cheats. The man who ratted out some of these tax dodgers now lives in hiding and has a $10 million bounty on his head. This is a story straight out of our new Gilded Age -- one of billionaires, foreign bankers, corruption, secrecy and, of course, greed.


http://therealnews.com/t/index.php?option=com_content&task=view&id=31&Itemid=74&jumival=1973&updaterx=2008-07-29+10%3A37%3A05 << ((with video))
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truedelphi Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-04-08 03:43 PM
Response to Original message
1. The man who tattled on the super rich tax cheats
Edited on Mon Aug-04-08 03:44 PM by truedelphi
Will he be compensated by the IRS??

It used to be that you received a percentage of whatever gains the IRS made on the tax cheat - I forget if it was 15 % or 22 % but you stood to gain quite a bit if you snitched on someone who had cheated on their taxes.

In this case, the Lichtenstein tax cheat would be worth millions, I presume, if that old system of rewards is still in place!!
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truedelphi Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-05-08 12:07 PM
Response to Reply #1
4. I meant to say,
Edited on Tue Aug-05-08 12:07 PM by truedelphi
In this case, the Lichtenstein tax cheat TATTLER would be worth millions if the reward code is still in place.
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90-percent Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-04-08 03:50 PM
Response to Original message
2. question
What super rich worm is funding the TEN MILLION DOLLAR BOUNTY?

That's pretty blatant, don't you think?

Maybe I should read the link or something?

-90% Jimmy
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The Backlash Cometh Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-04-08 04:39 PM
Response to Reply #2
3. Sounds like some law is being broken there, doesn't it?
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riverdeep Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-05-08 12:42 PM
Response to Original message
5. Bounty doesn't surprise me.
The super-rich make the laws. They do what they were going to do anyway, and the law gets created around them. What, offshore tax havens aren't legal? Well, they are now. So to do something illegal is such a small thing, it's practically all they do is illegal.
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