Friday, July 28, 2006

Fixin' it for Paris Hilton and the Bush twins at the IRS

If your evil elves can't completely eliminate taxes on the richest of the rich one way, then there's ALWAYS another.
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"The New York Times reported this week that the Bush administration is eliminating almost half of the lawyers at the Internal Revenue Service who audit the tax returns of the wealthiest Americans," writes Gene C. Gerard. "These lawyers specialize in auditing the returns of those who are subject to gift and estate taxes. Since taking office in 2001, President Bush has consistently lobbied Congress to repeal the estate tax, but he hasn't been able to get Congress to go along with him. Instead, the Bush administration has now decided to force the IRS to backpedal and circumvent the tax laws."
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