White House To IRS: Hands Off The Rich

White House To IRS: Hands Off The Rich

Revenge is a dish best served cold -- and on White House china. While drafting its recently submitted budget, the Bush Administration secretly proposed that the IRS target its stringent audits not on wealthy individuals and companies (whose lawyers can often stall a case for years) but on middle- and lower- income taxpayers (who generally pay up without protest and provide immediate revenue). IRS Commissioner Fred Goldberg rejected the cash-now plan, calling it "no-good tax policy." But his request to spend an additional $76 million to catch rich tax cheats was pared down to a puny $6 million. Could it be...

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