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Politics : PRESIDENT GEORGE W. BUSH
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To: Thomas A Watson who wrote (255367)5/15/2002 6:32:55 PM
From: J_F_Shepard  Read Replies (2) of 769670
 
If you want to participate in the discussion, why don't you try and answer my question. And BTW, if you hustle you can probably still find a copy of the NYTimes which contains a letter to the editor from a former tax prosecutor for the US Virgin Islands. He says the Bermuda scam artists were ill advised since their tax advisors didn't tell them about the "sham-transaction doctrine" and other tax principles. He "shared the task of collecting from corporations that engaged in a similar Caribbean tax dodge in the early 80's (my note: The Reagan years??) When the dust settled, the corporate stooges found that the IRS did not settle, did not compromise and did not rest until the taxes, interest, and penalties were paid.
Stanley Works and the rest of the Bermuda Bunch will pay a hefty price for their greed and gullibility."
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