Info on over 14,700 secret Swiss bank accounts has been given to IRS

[old mark]

Source: Bloomberg

Accounts are in the near million US dollar range - BILLIONS of dollars of new taxes are expected due to this information.

Read more: http://www.bloomberg.com/apps/news?pid=20601087&sid=aXOuLrZhxZwY&pos=8

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Ah, the rich "Patriots" and "good Americans" who hid their wealth to escape paying any share of their due in support of their own country-while allowing the rest of us to carry them-what wonderful people they must be. These people gave the information voluntarily to escape prison - there is much more out there to be had, and some are going to jail for it.

mark

[SpiralHawk]

1. "Oh shit." - xCommander AWOL & Republicon Cronies

[madrchsod]

2. next up---us corporations that go off shore

[KansDem]

3. This makes me ill

Reagan ushered in the "I got mine, fuck you" mentality that led to this horseshit. His "trickle-down" economics was a disaster for this country. Did we really think the wealthy would take their swag and "invest" it in America? Not a chance! They hid it in offshore accounts while the rest of us pulled the load.

It's time to rescind the tax cuts that he and Bush the Unelected gave the wealthy.

And it's time for some of these tax cheats to go to prison.

[2Design]

5. Corporations are doing the same thing and evading taxes left and right

Our government has contract with a number of them that they know are offshore - like Halliburton is moving - enron got a lot and there are a much longer list of corporations taking a LOT more MONEY then individuals - this news is to distract everyone from the real swindle done by corporations and our government in cahoots with tax benefits - same as insurance companies and drug companies and banks - they are not paying anywhere near their fair share

[2Design]

4. I expect most already fled the bank - there was enough warning -

this will make people find somewhere else to hid it or some other way to hid it - those Republicans are pretty crafty

[elehhhhna]

8. Bush gave them amnesty in 2001 (or 2002), after the Clinton Admin sued

and won Mastercard & Visa's lists of offshore US account holders (that's how you spend the money -- use the credit card as a debit card.)

Throw the book at 'em. Let the chips fall.

[aquart]

6. I once worked for a guy who worked with those accounts.

Those types of accounts. Money hidden in Switzerland "Pictet et cie holding for you, sir", the Channel Islands, all sorts of fun places. He wouldn't touch a client with less than $8 million.

When things were particularly illegal, he sent me to the ladies room or told me to take a walk around the block.

This was at Donaldson, Lufkin, and Jenrette.

[Autumn Colors]

9. LOL - I worked there for a while, too

In NYC and then in LA.

[aquart]

10. Were you there when their man in Switzerland sent a six-foot telex

ranting about the gnomes of Zurich?

[Autumn Colors]

14. ?????

I was there in the early 90s - worked nights in the word processing dept. so I thankfully missed a lot of what went on during the day and only knew the work-a-holics who stayed into the evening hours.

[Soylent Brice]

7. perp walks. that's what i want to see for any of these fuckers who are getting jail time.

[old mark]

11. While rich people in Germany volunteered last week to increase their taxes

to help the country they love out of hard economic times.
I guess the rich in the US have no love of country or no sense of morality or shame.

I'd love to see a perp walk, too, but more of a parade.....

mark

[Violet_Crumble]

12. I suspect the wealthy are the same the world round....

Here in Australia, the Tax Office is now asking the UBS to give them the account details of Australian account holders, and I read today that there's a bunch of other countries lining up to get information about account holders....

[old mark]

13. ...the start of the flood... and about time we stopped supporting them. nt