NYTIMES and the Democrats- Where's the cash? (Bermuda, etc)
- From: "Usenet Supreme Loser ChuckWorth" <quartenkerry@xxxxxxxxx>
- Date: 5 Feb 2007 05:25:49 -0800
To:
SpinLyme@xxxxxxxxxxxxxxx, cohenr@xxxxxxxxxxxx, jdrazen@xxxxxxxx,
letters@xxxxxxxxxxx, Jgerberding@xxxxxxx, lender@xxxxxxxxxxx,
motomaniac_02186@xxxxxxxxx, conndcj@xxxxxxxxxxxxxx, executive-
editor@xxxxxxxxxxx, managing-editor@xxxxxxxxxxx, news-
tips@xxxxxxxxxxx, the-arts@xxxxxxxxxxx, bizday@xxxxxxxxxxx,
foreign@xxxxxxxxxxx, metro@xxxxxxxxxxx, national@xxxxxxxxxxx,
sports@xxxxxxxxxxx, dvbid@xxxxxxx, brigidcallahan@xxxxxxxxxxxxx,
trvl@xxxxxxxxxxx, ubinas@xxxxxxxxxxx, spinlyme@xxxxxxxxxxxxxxx,
mas1@xxxxxxxxxxxxxx, campbell@xxxxxxxxxxx, jhornberger@xxxxxxx,
thomas.carson@xxxxxxxxx, editor@xxxxxxxxxxxxxxxx, kurtzh@xxxxxxxxxxxx,
georgewill@xxxxxxxxxxxx, horgan@xxxxxxxxxxx,
commissioner.dcf@xxxxxxxxxxxxxx, cohencolumn@xxxxxxx,
leonard.boyle@xxxxxxxxxxxxxx, FalNields@xxxxxxx,
bransfield@xxxxxxxxxxx, vtsherr@xxxxxxxxxxx, mcneilel@xxxxxxx,
oca@xxxxxxxxxxxxxx, dand@xxxxxxxxxxxxxxxxx,
scott.murphy@xxxxxxxxxxxxxx, attorney.general@xxxxxxxxxxxxxx,
randall.sanborn@xxxxxxxxx,patrick.clifford@xxxxxxxxxxxxxxx
CC:
francam@xxxxxxxx,dr-ahmadinejad@xxxxxxxxxxxx,
eugenerobinson@xxxxxxxxxxxx, dhaar@xxxxxxxxxxx, horgan@xxxxxxxxxxx,
bmiller@xxxxxxxxxxxxx, eliot.spitzer@xxxxxxxxxxxxxxx,
trvl@xxxxxxxxxxx, rastro18@xxxxxxx, billcurryct@xxxxxxxxx,
thomas.carson@xxxxxxxxx, amcguigan@xxxxxxxxxxx, rjmurzyn@xxxxxxx,
paulcraigroberts@xxxxxxxxx, sidney_blumenthal@xxxxxxxxx,
criminal.division@xxxxxxxxx, karla.dobinski@xxxxxxxxx,
christopher.christie@xxxxxxxxx, francam@xxxxxxxx,
governor.rell@xxxxxxxxxxxxxx, fitzmas@xxxxxxxxx,
patrick.fitzgerald@xxxxxxxxx, modelt1918@xxxxxxxxxxxxx
Subject:
NYTIMES and the Democrats- Where's the cash? (Bermuda, etc)
Date:
Monday, February 05, 2007 7:58:23 AM
TIMES ARTICLE BELOW~
Check out William Weld's phoney medical school.
Check out the Irving family in Canada- they moved all their money to
Bermuda, etc.
There's the obvious Hank Greenberg's Bermuda banking and AIG.
Wiliam Weld bought an investment firm from George H. W. Bush.
http://www.actionlyme.org/LYME_CORRUPTICUT.htm
It's racketeering and organized crime.
The money is offshore. They spend it on their own little
ridiculous research firms, medical schools, etc. They call
these "non-profits," yet the "research" is used for spin.
Take for example Kaiser at New York Medical College -
while we also have the bogus Russian Scientists there, too -
publishing complete and total nonsense on Lyme:
http://xnet.kp.org/permanentejournal/spring98pj/strategy.html
http://www.actionlyme.org/BOGUS_RUSSIAN_NYMC_ARTICLES.htm
Take the money from Kaiser, SmithKline, and Yale.
Take the money from William Weld and the Bush banking
family. Charge them with insider trading, since that's what
they're doing with the scientific data we pay for through CDC
and NIH grants.
The Mayo Clinic is not a non-profit and neither is Robert Woods
Johnson and neither is Yale and neither is Kaiser or Blue Cross.
They're businesses and the capital for the investment in biotech
comes free in the form of federal grants, YET *WE* ARE NOT ALLOWED
TO HAVE THE REAL RESULTS - AKA, fraud or false claims.
The money is offshore and in these bogus non-profits.
They may have to be prosecuted in the World Court, since
the United States does not play by the rules. If the World
Court gets them for their FRAUD and racketeering crimes, we
don't know where the money will go, but at least these criminal
gangs running around as non-profits can stop harassing the
victims.
Seems enormously complex but you work from the bottom
up, in the prosecutions process. Start with Yale and their Endowment
Fund, or The Yale Corporation, since they funded the "L2 Diagnostics"
biotech spin start-up.
http://www.actionlyme.org/LYME_CORRUPTICUT.htm
27) Martin J. Mattessich President & CEO, Director
"Prior to
becoming President and CEO of Agilix, from 1996 to 1999 Mr. Mattessich
was the
co-founder of two Yale University-sponsored biotechnology companies,
L2
Diagnostics, LLC (diagnostic serology) and polyGenomics, Inc. (gene
discovery
for polygenic diseases) , and a consultant to CuraGen Corporation, a
publicly
held genomics company (pharmaceutical drug ...."
With the blood he intended to get from the L2 Diagnostics-Imugen
nationwide
monopoly on testing, they can identify new diseases to commercialize.
===================
Look at what we know The Yale Corporation owns:
http://www.yaleinsider.org/endow_repts.html
Water, Timber, Oil, Jails Enterprises
http://www.yaleinsider.org/bush_time.html
Start the prosecutions the bottom and work up. Like Lewis Libby
and Plamegate. Libby did Cheney's bidding, but where did the phoney
Niger letter come from? Clearly the Mossad, or we would have had
an answer by now, and such is the case with the Anthrax letters and
9/11.
The scientific fraud data to use to go after Yale is on my website.
Alberto Gonzales may have foreseen the peril he and the criminals
are now in, since Patrick Fitzgerald is starting at the bottom. This
could
be the reason Gonzales is replacing all the decent US Attorneys.
If the FBI insiders know they are about to be sacrificed, they will
start talking about what they know about 9/11, but it won't get
anywhere
if Gonzales has Stop Gap *** US Attorneys all across the country.
We, the *real* Americans, still have options in our cause to
stop the Violent Hegemony/New World Order/Globalization, but
if the Democrats want to recover the cash needed to put the country
back on course, they can get help from the individual states.
Any state is free to bring a false claims case in any US Court.
They will be arguing *FOR* the central government.
http://en.wikipedia.org/wiki/Qui_tam
"FOR THE KING"- but in this case, we *GET* the phoney king.
Bust Arbusto and Uncle Dickie. (Halliburton acquired Dresser.)
This is winnable and a good game.
The best.
If we must have the perception that the US was the world leader
on everything and yet have lost it all, including our integrity and
all of
our allies, we can drop that perception because the other choice is
the
total destruction of our nation. We can either focus on our
reputation
or our lives. I think Americans are finally tired of the We-Create-
Our-Own
Reality, False-Bravado of Bushism. We *do,* in fact, have other
topics.
The True and enduring ideology is that *Tolerance* is Democracy, and
if
it outlasts us, we still did a good thing. Tolerance is the Golden
Rule.
That's who we were, regardless. We tried. Our ancestors took the
bet.
'Chose to accept the truth in the promise...
http://www.traveldestination.us/images/lady-liberty.jpg
http://www.nytimes.com/2007/02/05/washington/05tax.html?ei=5094&en=2ab5e5d0cc808b10&hp=&ex=1170651600&adxnnl=1&partner=homepage&adxnnlx=1170676906-tKy8iiHn0W3+/4PQm+AZDw&pagewanted=print
The New York Times
Printer Friendly Format Sponsored By
February 5, 2007
Democrats Seek Unpaid Taxes, Setting Up Clash
By EDMUND L. ANDREWS
WASHINGTON, Feb. 2 - Congressional Democrats, hoping to finance an
ambitious
agenda without raising taxes, are on a collision course with the Bush
administration about pursuing the potentially vast amount of money
that people
hide from the Internal Revenue Service.
House and Senate Democrats say the government could collect as much as
$100
billion more a year by whittling the tax gap - the unpaid taxes,
mostly on
unreported earnings, that the I.R.S. estimated was about $300 billion
a year.
But the Treasury Department, which oversees the I.R.S., says it
cannot
realistically recover one-tenth as much as Democrats suggest.
On Monday, as part of President Bush's budget proposal, the Treasury
Department will unveil more than a dozen proposals to
pursue tax cheats. But officials said those ideas would bring in less
than $10
billion a year in extra revenue.
Mark W. Everson, the I.R.S. commissioner, has expressed far greater
optimism. At
a hearing of the Senate Budget Committee a year ago, he told lawmakers
that the
government could recover "between $50 billion and $100 billion without
changing
the dynamic between the I.R.S. and the people."
Recouping unpaid taxes is a perennial concern in Washington. But the
issue may
have new urgency with the Democrats now in power and driving the
considerable
momentum behind it. Representative Charles B. Rangel, Democrat of New
York and
chairman of the Ways and Means Committee, has cited the tax gap as a
top
priority for increasing revenue, ahead of any discussion about rolling
back
President Bush's tax cuts.
Democrats badly want the money because they have adopted strict "pay
as you go"
budgeting rules that require Congress to pay for any new programs or
tax cuts with revenue from other areas.
"The tax gap is the logical place to go," said Representative Rahm
Emanuel,
Democrat of Illinois and chairman of the House Democratic Caucus.
"It's also the
fair thing to do. When you have a number as high as $300 billion in
unreported
and uncollected income taxes, that puts a burden on everybody."
Administration officials contend that Democrats have exaggerated the
amount of
money they can recover.
"At this point we have to do more research to understand where this
money is,"
said Michele Davis, a Treasury Department spokeswoman. "We are very
mindful of
the compliance burden on taxpayers who do follow the law."
The Democrats have offered only a few specific proposals, and
lawmakers have
conspicuously refused to comment about proposals that could raise
money but also
provoke a political reaction from legions of self-employed people and
family
businesses.
Based on an analysis of audited tax returns from 2001, the I.R.S.
recently estimated that the government lost $290 billion that year as
a result of
underreporting and underpayment of taxes.
More than 80 percent of that loss stemmed from underreporting by
individuals,
not corporations.
And the biggest problems were with people in business for themselves,
who earned
income that was not reported to the I.R.S. on W-2 forms or on the Form
1099 that
businesses file when they pay independent contractors.
The I.R.S. estimated that it lost $109 billion on unreported business
income,
almost all of that from sole proprietors, like painters, plumbers, dry
cleaners,
florists, limousine drivers and restaurant owners.
Small-business lobbying groups have begun to mobilize against
proposals intended
to reduce the tax gap.
Two of the biggest trade associations in Washington, the United States
Chamber
of Commerce and the National Federation of Independent Business,
organized the
Coalition for Fairness in Tax Compliance in December to address
lawmakers about
proposals that might burden law-abiding business owners.
"I'm focused on avoiding the wrong solutions," said Macey Davis, tax
counsel for
the National Federation of Independent Business, which represents more
than
600,000 small companies, half of which have fewer than five employees.
"We're
not out to protect noncompliance. We're out to protect those who are
compliant
and whose businesses could be hurt."
Small-business groups have provided powerful support to President Bush
and to
Republican lawmakers. But they are poised to fight at least one
proposal by the
Treasury Department, which would authorize the I.R.S. to obtain
information
about a business's revenues from credit card companies.
The proposal would allow the I.R.S. to compare the credit card
payments made to
a business with the revenues the business owner reports on his or her
tax
return. If the credit card payments were suspiciously high compared
with what
the business owner reported to the government, the I.R.S. could begin
an audit.
Opponents of the proposal contend that it would catch very little
wrong-doing because it would not examine payments
made in cash or by check. They warn that it could have disruptive side
effects
on business operations. (A similar idea proposed by the Bush
administration last
year received virtually no attention from the Republican-led
Congress.)
The Democrats' biggest obstacle is that the tax gap is in some ways as
amorphous
as "waste, fraud and abuse" - everyone is against it, but no one is
sure how to
go about dealing with it. Many tax experts agree that increasing
compliance
would require an array of tactics, from increased auditing to tougher
reporting
requirements, to address scores of different practices.
Many such efforts would probably prompt political resistance, whether
from
small-business lobbying groups or from the credit card companies that
might be
ordered to provide the I.R.S. with transaction data at no charge. And
some
efforts may not yield much extra revenue. Another proposal that could
lead to
organized political opposition is a plan to crack down on investors
who understate their profits when
selling stocks.
The I.R.S. estimated that it lost about $11 billion in 2001 from
people who
understated their capital gains after selling stock. According to the
agency's
review of tax returns that year, a year when the stock market was
plunging and
losses were more common than gains, about 38 percent of all people
underreported
their capital gains.
The problem, I.R.S. officials said, is that brokerage firms report
only how much
money a person receives from the sale of stock, not how much the
person paid for
it. Without an audit, the government has no way of verifying the
profits that
people report.
Nina Olson, the I.R.S.'s independent taxpayer advocate, has proposed
that
Congress require brokerage firms to report a person's purchase cost as
well as
sales proceeds to the government. Mr. Emanuel has introduced a bill
based on the
idea.
The Bush administration is also planning to ask Congress to provide
more money
for enforcement efforts, including money for more auditors. But the
I.R.S. currently
audits fewer than one out of 435 tax returns. Doubling the number of
auditors
would mean that the I.R.S. would still audit less than 1 percent of
all returns.
Democratic lawmakers contend that the Bush administration has been
dragging its
feet on efforts to track down underreporting.
"I know they can't recover every dollar of the tax gap, but the I.R.S.
needs to
make an aggressive effort, and an honest one," said Senator Max
Baucus, Democrat
of Montana and chairman of the Finance Committee. "Treasury shouldn't
lowball
their estimate."
But in an interview last week, Mr. Baucus declined to propose any of
his own
ideas for reducing cheating. "I'm leaving it up to them," he said,
referring to
the Treasury Department.
Some Treasury officials, who spoke on condition of anonymity because
President
Bush had not announced his proposals, said that Democrats had
exaggerated the
amount of money they could recover. But in his testimony before the
Senate budget committee last February, Mr. Everson said the
government could recover much more than it has been collecting.
"What we've said is, between now and 2009, we want to get the
compliance rate
from 83.5 percent to 85 percent," Mr. Everson said. "That gets you
about $30
billion in improved compliance."
Ms. Olson, the I.R.S. taxpayer advocate, said it was not implausible
to recover
something in the neighborhood of $100 billion a year.
"There's no silver bullet," Ms. Olson cautioned, noting that the
government had
to use an array of tactics to address scores of different compliance
problems.
But she added, "I think there's a significant amount of money that's
left on the
table and that's not hard to recover."
Home
* World
* U.S.
* N.Y. / Region
* Business
* Technology
* Science
* Health
* Sports
* Opinion
* Arts
* Style
* Travel
* Jobs
* Real Estate
* Automobiles
* Back to Top
Copyright 2007 The New York Times Company
* Privacy Policy
* Search
* Corrections
* RSS
* First Look
* Help
* Contact Us
* Work for Us
* Site Map
--
http://www.actionlyme.org
.
- Prev by Date: Spitzer, Star Fleet Academy, and "The Bell Curve"
- Next by Date: "You can't prove a lie."
- Previous by thread: Spitzer, Star Fleet Academy, and "The Bell Curve"
- Next by thread: "You can't prove a lie."
- Index(es):