MSNBC Investigation - Rachel Maddow Tax Shelter Crackdown

In a time where you and I are shaking in our boots, hoping to avoid an IRS tax audit for a misplacing a decimal as we complete our tax forms, many of America's business interests are able to stash THEIR money overseas in tax shelters. What's worse, many Republicans (and 1 or 2 Democrats) contend that this enables American companies to compete on the global market with foreign businesses. You judge.

Category:

News & Politics

Tags:

• Tax Shelters
• Business Tax Loopholes
• Cayman Islands
• Hidden Accounts

[Elevationary]

Tax loopholes are basically a large piece of cheese with holes in it,and quiet mice hiding inside it,really quiet mice!!,smoke them out.......thats what you do with rats and mice,you smoother them till they come out.......block all the air holes,leave one open and watch the bastards run.

[RATIONALMIND001]

Companies hiding from taxes.  America is truly screwed up with so many people shirking their responsibilities in these difficult financial times. It's time to change to a consumption tax only with NO deductions. Shrink the IRS and make sure that everybody pays their fair share.............