IRS gets names of off shore account holders

[L-Pink]

Wish I had enough money to be worried .......


http://finance.yahoo.com/news/Tax-do....html?x=0&.v=9


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[GatorB]

See I don't want to hear anymore rich people bitch about how they pay more in taxes when they clearly do eveything they can to avoid paying ANY.

[Mr. Billy]

It is a good move.

[Mr Pheer]

This will only affect the idiots that werent smart enough to take a few additional steps to truly hide their assets. Just having an offshore bank account is not enough.

[Major (Tom)]

denounce your citizenship. there are a kazzilion nice places to live. problem solved.
duke

[LiveDose]

Excellent. More 'revenue' for the government to blow on stupid programs.

[Alky]

denounce your citizenship. there are a kazzilion nice places to live. problem solved.
duke

Might be okay if you are in a country that won't extradite or you never plan on visiting the US again.

[2012]

[C H R I S]

LUCY!!!!!

Some ones got some splaining to do!!!!!

[Mr Pheer]

denounce your citizenship. there are a kazzilion nice places to live. problem solved.
duke

Did you mean "renounce" your citizenship?

In order to do that, you need to become a citizen of another country first. And, you must first pay the IRS 100% of what you owe, and hope that they dont decide to tax you on your future income earning potential as well. If you have a high income, you can be assessed for the next 10 years after you renounce your citizenship and still owe tax on it to the IRS.

Yes, they do that.

[L-Pink]

In order to do that, you need to become a citizen of another country first. And, you must first pay the IRS 100% of what you owe, and hope that they dont decide to tax you on your future income earning potential as well. If you have a high income, you can be assessed for the next 10 years after you renounce your citizenship and still owe tax on it to the IRS.

Yes, they do that.

What he said .....

[Smokieflame]

all i have to say is good. people who hide there wealth make me mad, I did not grow up rich nor did my husband and we have to pay taxes. If i have to so should every one else! We are a broke country at the moment too, we could really use the money. Not like our government will spend it right tho, they will probably send some more bank executives on another vacation on.

[hypedough]

LOLs didn't see that one coming.

[digifan]

Good move.

[seeandsee]

Wish I had enough money to be worried .......


http://finance.yahoo.com/news/Tax-do....html?x=0&.v=9


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