IRS Going After Rich With New Wealth Unit

Exclusive: IRS hires “hundreds” for new wealth unit.  Reuters. 

“We have drawn top talent within the IRS that have expertise involving wealthy individuals as well as examination of their related entities,” said Mae Lew, an IRS special counsel.

The high-wealth unit is focusing on trusts, real estate investments, privately held companies and other business entities controlled by rich individuals.

Yes.  They are going after all those wealthy people in America.


“Skinny piggy bank.”
Image courtesy of http://www.dailymail.co.uk/pages/dmstandard/article.html?in_article_id=395777&in_page_id=1766.

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4 Responses to IRS Going After Rich With New Wealth Unit

  1. Does that mean they’ll be looking into Barney Frank, Nancy Pelosi, and Chris Dodd’s accounts?

  2. Hey! How did they get a picture of my bank???

  3. Nunly, remember it was those “esteemed” Dems that passed the bill that brought forth the funding for the new wealth unit. One can only poster that a loophole was created by their own pen to let them slither through without being investigated themselves.

  4. Well Mock, if it is any consolation, many near and far have similar emaciated banks.

    Why there is a fellow down in southern Louisiana who came into some money recently, but decided the cash just could not come through fast enough to refill his bank.

    From http://www.theeasytraveler.com/cajun/c_humor.htm.

    Boudreaux won $10 million in the Louisiana lottery last week. Bright and early the next morning, he got in his Country Cadillac, and drove all the way to Baton Rouge to collect his money. When he walked in, he told the lottery man, “Hey, I’m Boudreaux, the lottery winner, and I’m here to collect my money!”

    The lottery man said, “Well, Mr. Boudreaux, it doesn’t work like that. You can’t have the whole amount at one time, but we will pay you half a million a year for the next twenty years.”

    Boudreaux, upset, told the man, “Mais, no, sha, I won the lottery and I want all my money right now. I don’ want to wait for twenty years to get it !”

    The man tried to calm Boudreaux down, telling him that’s how the lottery works.

    Boudreaux, really angry now, said, “Mais, if dats de way y’all wanta be, jus’ never mind! Here’s your damn ticket — gimme my dollar back!”