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Politics : PRESIDENT GEORGE W. BUSH
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To: Mr. Whist who wrote (254986)5/14/2002 11:54:44 PM
From: Raymond Duray  Read Replies (2) of 769670
 
Flapjack,

Re: Cost to set up a phony HQ in Bermuda - The item you forgot is that Stanley, KPMG and a lot of the others who have gone before on this tax evasion scheme also launder their money through Barbados, or sometimes another tax free zone so that the IRS has a more difficult paper trail to follow to the Benedict Arnold Country Club.

So, you need to up your estimate on the cost of these extra operations.

I loved the irony that the Stanley shareholders would be hit with capital gains tax. Something that was pooh-poohed on Kudlow & Cramer on CNBC today, where the pundits speculated that the company would fail to issue 1099s, and the IRS would look the other way. A wonderful shaggy dog, IMO. (Perhaps Willcousa could fill us in on how this might work?)

God Help America**, Ray

**The corporate creeps know how to help themselves. To yours and my tax benevolence.... <g>
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