Thursday, July 27, 2006

Cheatin' Rich

The Blog | Rob McKay: Tax Fraud Is Not a Crime (If You're Rich) | The Huffington Post

Within the next 70 days, the IRS will permanently eliminate the jobs of half of the lawyers who audit the wealthiest Americans' tax returns.

According to internal IRS documents leaked to the New York Times by outraged IRS employees, six of whom agreed to be interviewed by the paper, the IRS is axing 157 of its 345 estate tax lawyers and 17 support personnel.

The Agency is doing de facto what the Bush tried and failed to do de jure: Sway Congress to entirely eliminate the estate tax to help the richest taxpayers in the country pay even less of their fair share.

The decision is not because the Agency's estate tax lawyers have too much time on their hands or aren't finding any tax criminals out there. By the IRS' own admission, 85 percent of the large taxable gifts they audit are fraudulent and intended to cheat the public. . ."

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