Friday, October 30, 2009

Have You No Shame?

Democrats in Congress introduced legislation aimed at squeezing more information from foreign banks and U.S. citizens with overseas accounts, as part of an effort to combat offshore tax evasion.

The bill from Senate Finance Chairman Max Baucus (D., Mont.), and House Ways and Means Committee Chairman Charles Rangel (D., N.Y.) includes some of President Obama's proposals to fight offshore-tax cheating. If implemented, the measure could raise $8.5 billion for the U.S. government over 10 years, according to a summary of the bill.

When you yourself are the subject of tax evasion questions perhaps it might be appropriate to, I dunno, not hypocritically sponsor a bill on tax evasion. Just sayin'. It's a tinsy bit rich.

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