Blog Catalog

Wednesday, February 9, 2011

Why do we keep allowing people and companies to take money (and manufacturing) offshore??

Here we go again.  This just out from Reuters:

U.S. starts new amnesty for offshore tax cheats

(Reuters) - Wealthy tax evaders with assets stashed offshore can come clean with U.S. authorities under a new amnesty program with reduced penalties, the government said on Tuesday."It gives people a chance to come in before we find them," Internal Revenue Service Commissioner Doug Shulman said.

Yeah?  Well, I and a lot of people I know down here at this end of the food chain say "screw 'em!".  Let's hunt these bloodsuckers down like the low-life scum they are, try 'em and prosecute them as soon as possible.

"Come clean"?  "Reduced penalties"?  Why is this not a form of treason? 

Let's go after these people and corporations that do this crap. 

And while we're at it, let's--as I've said here many times--do away with any and all tax deductions for taking any money, but especially manufacturing, offshore.  Why does all that not make sense?  And it seems to make a great deal of sense now, with the deficits and spending we've got thanks to Dubya's two wars he took us into.

Let's stop being stupid and giving away the store.

To repeat:  let's go after these people.

Links:  http://mattpayton.tumblr.com/post/3200660608
http://www.reuters.com/article/2011/02/08/us-usa-taxes-amnesty-idUSTRE7174K920110208?feedType=RSS&feedName=topNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FtopNews+%28News+%2F+US+%2F+Top+News%29

No comments: