Tag: big business as usual

IRS-Gate

No, not the one that has the Tea drinker’s panties in a bunch.

Another actual real scandal that will be largely ignored because somehow it’s not as sensational as bleeding from the eyes or that post the head sits atop of.

IRS Whistleblowers: Agency Executives Behind Multibillion-Dollar Corporate Tax Giveaways

By Nafeez Ahmed, Truthout

A 10-year veteran Internal Revenue Service (IRS) attorney has demanded a congressional audit of the IRS to investigate the agency’s alleged role in allowing US corporations to illegally avoid paying billions of dollars in taxes even as it cracks down on individuals and small businesses.

In a letter to Treasury secretary Jacob Lew, IRS commissioner John A. Koskinen and IRS chief counsel William Wilkins, Jane J. Kim, an attorney in the IRS Office of the Chief Counsel in New York, accused IRS executives of “deliberately” facilitating multibillion-dollar tax giveaways.



a former IRS attorney in the Office of the Chief Counsel for over 15 years, said on condition of anonymity – for fear of retaliation from the agency – that Kim’s allegations are not isolated, but represent a deep-rooted trend: “The problem is the IRS upper management don’t want a big case going forward. They are purposely not working big cases. Employees are quietly encouraged not to expedite them, and to settle or dismiss them. I’ve seen the IRS sit on straightforward billion dollar cases for years, and then decide not to pursue.”


So, just like the case of the Fed being super deferential to the banks they are supposed to be regulating. Move along people, nothing to see here.