Christian news organization CNSNews.com has the skinny on a speech from Douglas Shulman at the National Press Club on a new globalized effort to go after the networks of the rich.
“Through our new global high wealth operating unit we are taking a unified look at the entire web of business and economic entities controlled by high wealth individuals so we can better assess the risk such arrangements pose to tax compliance,” Shulman said at the National Press Club on Monday.
Shulman said the IRS is using “our robust and evolving enforcement program that ensures that everyone pays what they owe.”
This is the part that will really raise people’s hackles, perhaps even among the non-rich:
“This brings me to another important development–a game-changing trend–the globalization of tax administration,” said Shulman.
The black helicopters go global!
(Read more from businessinsider.com)
Wealth is not evil. In a free economy, the wealthy are the people who provide the things everybody else wants. Typical of government is to make war on the providers of society. I am reminded of the stories my family in Ukraine told me. They were persecuted because they had the knowledge, ability and work ethic to build and run a flaxseed oil mill.