2014-01-21

IRS Scandal Real

The left consider the IRS scandal a 'faux scandal.' Of course, Christie's Bridgegate is a bigger story to them.

But, unfortunately, to the people in the 'know' like former IRS agents and workers and the like, it is a scandal.

Anecdotally, I invested in a U.S. start up along with other investors. One of the them - who connected me - has an accountant who was a former IRS higher-up. When asked about if the scandal was trumped up all he said is "friend, if only you knew."

From the TaxProf (link above):
"At a tax symposium at Pepperdine Law School last week, former IRS chief counsel Donald Korb was asked, "On a scale of 1-10 ... how damaging is the current IRS scandal?"
His answer: 9.5. Other tax experts on the panel called it "awful," and said that it has done "tremendous damage."
I think that's right. And I think that the damage extends well beyond the Internal Revenue Service. In fact, I think that the government agency suffering the most damage isn't the IRS, but the National Security Agency. Because the NSA, even more than the IRS, depends on public trust. And now that the IRS has been revealed to be a political weapon, it's much harder for people to have faith in the NSA."
What I don't understand is why people would choose to blindly close ranks with the government on this one even though it goes against their OWN INTERESTS. For if they're doing this to one group, they can easily do it to anyone they choose; including yours - whoever you belong to.


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