Well there is something you didnt see during 8 years of the Bush administration...
UBS to Give 4,450 Names to U.S.
Tax-Evasion Pact May Disclose 10,000 Clients; Swiss Government Selling Stake
Wall Street Journal
The U.S. could within months begin criminally prosecuting hundreds of wealthy Americans -- from the obscure to the "rich and famous" -- for using foreign bank accounts to evade income taxes.
In a settlement with the Swiss government detailed Wednesday, the Internal Revenue Service said Swiss bank UBS AG will ultimately turn over the identities behind 4,450 secret accounts.
At least $10 billion had been stashed to avoid payment of U.S. taxes or the disclosure of foreign accounts, according to a person familiar with the matter. The U.S. government investigation and settlement ultimately could produce some 10,000 account identities.
Republicans are always quick to say that we dont need new laws, we just need to enforce the laws we have. And sometimes that is a very true statement,
Although this crackdown on tax evaders started in the last administration, I am thrilled to see the Obama administration enforcing our laws to make the wealthiest American's pay the taxes they owe. I pay my taxes every year. It is un-American to let the wealthiest flaunt our laws and make a mockery of our country.
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