[CAF Note: With G-7 Deciding this weekend to target tax havens, the US wants a new team in at the IRS who can use their civil and criminal investigative powers to extend taxing and capital controls over the offshore tax havens. Looks like $30+ trillion is needed to fund governmental operations and to support the G-7 bond and stock markets. Indeed, the shift of these funds offshore facilitated the financial coup d’etat. With the coup over, consolidation means its time to reassert control. More on this week’s Solari Report on what this means to you.]
By Kelly Phillips Erb
Just days after the news surfaced that the Internal Revenue Service improperly targeted certain applications for tax-exempt status based on keywords and politically charged language, Attorney General Eric Holder has announced that he has ordered an FBI investigation into the matter. Specifically, the criminal inquiry will focus on “potential violations” of the federal tax code and the federal criminal code, according to Holder, who made the announcement during a press conference earlier today. He did not offer further details.
Related Reading:
K Street Worries Over Spread of IRS Scandal Amid Push for Tax Reform
Acting IRS Commissioner Out in Tea Party Scandal
Tax Reform: The Crystal Ball Never Lies
Secrecy for Sale: Inside the Global Offshore Money Maze
