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The Gov't Needs To Publish The Names Of All The UBS Clients Who Hid Cash [View All]

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Rage for Order Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-20-09 12:57 PM
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The Gov't Needs To Publish The Names Of All The UBS Clients Who Hid Cash
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Am I the only person who would like to see a comprehensive list of every American citizen who attempted to evade taxes by stashing their money in a Swiss bank account through UBS's scheme? From the article linked above:

Yesterday, the Swiss president told reporters in Switzerland that UBS had given the U.S. government the identities of up to 300 clients -- a small fraction of the information the Justice Department and Internal Revenue Service have been seeking.

The IRS underscored the enormous gap yesterday in a fresh lawsuit alleging that as many as 52,000 U.S. taxpayers used secret accounts at UBS to hide money from the tax agency. That number was more than double previous estimates, including a figure of 19,000 that a Senate investigative panel last year reported getting from UBS.

The lawsuit filed yesterday seeks to force UBS to do what it has so far refused to do: give up the names of all the suspected tax dodgers.

UBS said it plans to "vigorously contest" the new lawsuit. The information the IRS seeks "is protected from disclosure by Swiss financial privacy laws," the Swiss bank said in a statement.

They don't have to wait until all of the names have been discovered; they can release the names as they get them.
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