Number Six wrote:
The larger issue in this case is the uniformity of the tax code, that there are no loopholes to circumvent the tax code.
In regards to the present tax code, what's not uniform in what it offers to Americans now?
What's your attitude toward illegal immigration
I have nothing against people wanting to better themselves and their families by coming to our country, but do not expect for us to pay for your health care, nor expect us to talk your language.
offshore tax fraud and evasion, derivatives and hedge funds, "ordinary" investments, which many insiders believe are affected by insider trading?--see Floyd Norris' column in yesterday's NYT, which adresses the problem of not regulating parts of the economy that tend to be manipulated.
I've not studied these to answer your question.
I believe that practically all these areas of the economy are connected. That the economy cries out for regulation and prosecution of all the other Madoffs out there. And that using the tax code to go after tax criminals from bottom to top might bring the US financial system back to accountability.
" In the book entitled "The Federal Zone," the IRS and the
Federal Reserve Banks are likened to two pumps, working in
tandem: the banks pump money and credit INTO the economy, and the
IRS pumps (sucks?) money and credit OUT of the economy. The real
economic reason for having an IRS, in its present configuration,
is to maintain the purchasing power of Federal Reserve Notes. If
FRN's were allowed to flood the marketplace, without a counter-
balancing force to remove them from the marketplace, we would
experience the very same hyper-inflation which plagued Germany
after World War I."
http://www.supremelaw.org/authors/mitchell/on-money.htm
Years ago, when all the crap was in the headlines about bringing down Saddam Hussein, the Patriots were touting the one thing we didnt hear in the media was what the dude was doing "behind the scenes". Word had it that he had obtained some plates for printing up his own hundred dollar FRN's. He used them for creating his own currency, and thus diluting the value of the US dollar internationally. I never verified this, but i suppose it sounds plausible.