IRS Gets Tougher on Offshore Tax Evaders…More Tipping Points!

20 07 2009

In the past when I have read warnings from what appeared to be conspiracy theorists about the ever encroaching reach of the U.S. Government, I thought ok, adjust your tin foil hat it will all be ok. But today in the WSJ is an article that is not only an interesting read, but downright scary. Now our forefathers left Europe for similar reasons and wrote a constitution that doesn’t account for an IRS. So if you are so inclined, make sure you voluntarily and quickly fill out your Foreign Bank Account Report (FBAR) so that they can still penalize you for being honest. Sounds more like FUBAR than FBAR! Here is the article: “IRS Gets Tougher on Offshore Tax Evaders” For anyone interested here is some access to our constitution: The Constitution of The United States of America

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