Monday, January 20, 2003

IRS Found Guilty Of Fraud!

Well, here's a switch that has Ed. rolling on the floor laughing his ass off.

AP tells the Chicago Sun-Times that a federal appeals court in San Francisco has ruled the Internal Revenue Service (IRS) committed fraud and acted deceptively in giving secret deals to two pilots in return for their testimony against 1,300 other pilots who had bought into the same tax shelters.

The 9th U.S. Circuit Court of Appeals on Friday overturned a previous ruling against the pilots who were found guilty of tax evasion and were ordered to pay more than $2 billion in penalties. In order to remedy the IRS misconduct, the court ordered that all the pilots should receive the same deal that one of the pilots received.

In the secret deal, pilot John Thompson escaped paying the tax man and got a $60,000 refund through falsified tax returns prepared with help from the IRS. He then used the refund to pay his legal fees, and to boot collected $20,000 in interest. The second pilot, John Cravens, also received a secret deal.

Ed. asks whether it isn't about time for someone in Congress and/or the White House to put the brakes on this runaway agency that spys, lies, cheats, steals, drives individuals and business into bankruptcy, puts families out on the street, and engages in fraudulent acts with impunity and distain for the law?

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