U.S. offshore tax amnesty yields big response: IRS

[askmrjesus]

Originally Posted by Smittie61984

What? There aren't any rich people in England or the rest of the world?

Why did the artical have to start out with "14,700 RICH Americans"? That'd be like starting an article out with "Socialist Democrats have..."

Probably because it's an American Tax Amnesty program, and the people who have enough money to set up shell corporations and open offshore accounts, tend to be a little better off than most.

Originally Posted by Smittie61984

Not at all. I mean it's too bad we didn't have a tax system that would encourage these people to keep that money in the US and work here in the US. Basically have a tax system that didn't cause them to leave in the first place.

Just because you don't like a law, doesn't mean you get to break it. I'm not crazy about the fact that for the last six years, half of my tax dollars have gone to funding an idiotic war in Iraq, but I still pay my taxes.

JC