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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: T L Comiskey who wrote (49060)	3/28/2002 10:38:39 AM
From: Wharf Rat	Read Replies (2) \| Respond to of 65232

"Paying less taxes than the average worker bee"... Thanks a lot for that thought; it ties in perfectly with a story I read in Tues.' paper and wanted to post. Did you happen to see a story about using foreign tax havens as a scam? "IRS cites tax scam using credit cards. The IRS said Monday up to 2 million Americans were avoiding income taxes by depositing their money in such tax havens as the Cayman Islands and withdrawing the money using credit cards. The IRS, in court papers filed in SF, based its estimate of 1-2 million Americans on records it had obtained by summons from Master Card of 230,000 bank accounts in three tax haven countries.... These people 'are using offshore cards to pay for living expenses' from groceries to cars to college tuition for the children,the IRS said...." My own innate bias is that these are all conservatives,(ugly, of course) who drive around with flags on their cars, oozing patriotism, and attacking anybody to the left of Tom Delay as liberal. So, tell me, who is the real patriot here, Joe Six Pack who sends both his money and his kid off to fight terrorism, or Richie Rich, who bitches about welfare and doesn't pay taxes to fund the war he so avidly supports, and sends his kid off to party in Europe? Rat