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Isn't he chairman of the Wade and Means group? Aren't they in charge of the tax code?
And good ole Charlie seems to have forgot to pay some of his taxes.
Why the hell isn't this all over the news.
Hang him up.
Wow the name calling. I'm impressed.
I'm all in favor of going after them. They shouldn't do that stuff.
Ring'em up.
See, assholes like you want to bicker about this when this is happening:
Morgan Stanley, Lehman Brothers and other Wall Street giants helped foreign investors dodge billions of dollars in U.S. taxes on stock dividends while the IRS looked the other way, a Senate investigation found.
The firms worked with shell hedge funds that had little more than offshore mailing addresses in the Cayman Islands and elsewhere. The funds arranged complex equity swaps and stock loans aimed at circumventing U.S. tax laws, a staff report by the Senate Permanent Subcommittee on Investigations said.
The IRS has neither enforced existing rules prohibiting the transactions nor tried to draft new standards, the 77-page report said.
These are gimmicks peddled by American financial institutions to deny Uncle Sam taxes owed under our law, Senator Carl Levin, who heads the panel, told reporters. The IRS has pussyfooted on this.
Morgan Stanley enabled foreign clients to avoid payment of more than $300 million in U.S. dividend taxes from 2000 to 2007. (THE SAME TIME THE REPUBLICANS RAN ALL THREE BRANCHES OF GOVERNMENT)
Lehman estimated its customers eluded payment of as much $115 million in 2004 alone.
UBS helped clients escape payment of $62 million from 2004 to 2007.
YOU ARE TRULY MAKING AMERICA WEAKER. STOP BEING A SHITHEAD.