http://www.taxresolution.com/blog/tax-help-for-overseas-bank-account-holders-voluntary-disclosure-for-irs-fbar-amnesty-ends-sept-23/ Your Complete IRS Tax Resolution Resource Thu, 18 Mar 2010 03:41:03 +0000 http://wordpress.org/?v=2.7 hourly 1 http://www.taxresolution.com/blog/tax-help-for-overseas-bank-account-holders-voluntary-disclosure-for-irs-fbar-amnesty-ends-sept-23/comment-page-1/#comment-2347 tim vanovickoyo Sat, 19 Sep 2009 15:08:40 +0000 http://www.taxresolution.com/blog/?p=2624#comment-2347 this IRS witch hunt is going to cost the US economy big money. Soon all the European countries will demand that the US banks disclose all the rich European citizens names that have "secret" accounts in the USA so those people can pay taxes in their home contries. Foreigners pay no tax on gains in the US. Those typical political moves for Pres. Obama and Sen. Levin appealing to the ignornant masses of the public by going after "tax cheats" without doing the reasearch of what the long term effect will be. All the dummies are yelling "yea,yea, go after those cheats" not knowing that the Europeans will take their money and run when the US gov't agrees to release the names of those rich Europeans. Maybe another banking crisis??? this IRS witch hunt is going to cost the US economy big money. Soon all the European countries will demand that the US banks disclose all the rich European citizens names that have “secret” accounts in the USA so those people can pay taxes in their home contries. Foreigners pay no tax on gains in the US.
Those typical political moves for Pres. Obama and Sen. Levin appealing to the ignornant masses of the public by going after “tax cheats” without doing the reasearch of what the long term effect will be. All the dummies are yelling “yea,yea, go after those cheats” not knowing that the Europeans will take their money and run when the US gov’t agrees to release the names of those rich Europeans. Maybe another banking crisis???

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