Good news! The IRS has added a new enforcement unit that will expand quickly — and this is in addition to the thousands of agents that are already being added to make sure you pay for your free health care. I know, I was excited about it too!
When the IRS is using terms such as “global targeting,” you know that, whatever it is, it will be nothing but fair:
â€œThrough our new global high wealth operating unit we are taking a unified look at the entire web of business and economic entities controlled by high wealth individuals so we can better assess the risk such arrangements pose to tax compliance,â€ Shulman said at the National Press Club on Monday.
Shulman said the IRS is using â€œour robust and evolving enforcement program that ensures that everyone pays what they owe.â€
“Taking a unified look at the entire web of business and economic entities controlled by high wealth individuals so we can better assess the risk such arrangements pose to tax compliance” is bureaucrat speak for mega-audits. The government wants to get their snouts in the books to figure out what they forgot to tax as much as to see what taxes if any somebody might be avoiding.
But there’s something else to remember. This isn’t a domestic program — it’s a “global initiative.” Let’s not kid ourselves, this is also a threat to rich people who might be thinking of fleeing America due to overexposure to Hopenchange that they can run, but they can’t hide.
Even socialists might admit that they can’t implement socialism without access to wealth (redistribution doesn’t work if there’s nothing to redistribute). There’s simply no way a forward-thinking socialist can put his policies into place without a plan to keep people with money from leaving — or at least to get to their money no matter where they go. Think of it as an economic version of the Berlin Wall.
Obamaland will be like Hotel California: You can check out any time you like, but you can never leave.
Of course, maybe I’m reading too much into it. Perhaps this far and wide alleged search for tax avoiders and cheats is simply an attempt to compile a list of names from which to fill any future cabinet positions in the Obama administration.
Doesn’t IRS Commissioner Douglas Shulman look like a guy who’s hell-bent for payback on those meanies who always picked him last when they were forming teams in Junior Achievement?