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US probes offshore tax evasion - 26 July 2008

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Uploaded by on Jul 26, 2008

US politicians claim the government could be losing as much as $100 billion a year through people using off-shore tax havens.

Al Jazeera's Rob Reynolds reports on how they say the practice amounts to 'massive cheating' placing an extra burden on American already suffering in the US economic slowdown.

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  • There are laws that bolster the legitimacy of the criminals in the rulingclass, and those that punish the actions of the lower classes. "Steal a little and they throw you in jail; steal a lot and they make you king."

  • Then start with Dick Cheney he moved his money offshore in 2001.Same folks that covered for the Nazi's!

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  • @u2hubbard yes the government can function within constitutional guidelines,the government has a spending problem there is plenty of income

  • fucking swiss mother fuckers!!!!

  • society could not function without tax and everyone should pay what is due, in return the govt should use it wisely which does not include encouraging the work shy, giving aid to countries that have billionaires or paying for overpriced defence contracts.

  • I'm not for defending the rich, but I feel many of the tax laws towards the poor and middle class are not right and people in that bracket should be able to hide their money as well, lol. Can a society function without taxes?

  • i fucking love it when people don't pay taxes. i quit paying income tax 10 months ago....

  • @Silberdachs No shit - I don't know why they bitch and moan about the tax rate at all. Seems that it would be an arbitrary issue anyway with their creative accounting and off-shore accounts etc. Amazing, isn't it?

  • Out of all the accounts they only got 4001 names.........

    Hmmm good old USA, don't make deals with terrorists..............

    All comes down to their interpretation of terrorism at that particular time............

    Govt. divides Rich & Poor and gets fat in the middle.

    BUY GOLD & SILVER NOW

  • The US treasury is abunch of foriegn banker thieves stealing us tax funds every year and throwing to there special interest companies like haliburton to waste and steal ending up in the pockets of more bankers just sick scams on Americans.....fuck the IRS theives

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