Vernon Hunter remembrance

Today at noon EST, the Internal Revenue Service will have a moment of silence in honor of Vietnam veteran and IRS agent Vernon Hunter who was killed one year ago when a pilot deliberately crashed his plane into an IRS building in Austin where he was working.

He died in what can only be [...]

Google pays 2.4% in taxes via loopholes

Gimme a “Double Irish” and a “Dutch Sandwich” please, says Google and other tech companies. These tax ploys allow them to pay tiny amounts of tax as they shuttle profits around the world, sometimes through companies that have no employees. All this is quite legal, utterly unfair, and shows how our taxes need tightening. [...]

UBS helped wealthy avoid taxes, will pay huge fine, rat them out

UBS helped wealthy customers avoid US taxes. They have admitted guilt but there will be no prosecutions (why?) however they will pay $780 million in fines.

However, as part of the agreement, UBS will also drop the dime on their wealthy clients and rat them out to the IRS. That should be really good for [...]