The Mudcat Café TM
Thread #99746   Message #2068121
Posted By: Dickey
04-Jun-07 - 09:59 AM
Thread Name: BS: Poverty in the USA
Subject: RE: BS: Poverty in the USA
As much as Bobert would like us to believe, there is no loopholes that rich people use to avoid taxes with offshore bank accounts.

Such activity is illegal and it is actively persued by the IRS. It is not a loophole as he claims.

Also offshore bank accounts are available to anybody, not just the rich as Bobert claims.

Here is a list of illegal methods that people use to avoid paying taxes.

Bobert wants you to believe that ***only*** the rich can use offshore banking to avoid taxrs. It is a straw man issue intended to stir up class warfare and hatred just as racisim is used to divide the population and pit one against the other.

Yes people avoid taxes. Yes this money could be used to fight poverty.

I don't have any personal comments to make about Bobert in order to impune his charactar but he is wrong to blame the rich for the existance of poverty.

$100 billion divided by 300 million people is $333.33 per person.