Latest Billion Dollar IRS Scandal Could Make The Lois Lerner Debacle Look Like Small Potatoes In Comparison The Obama admin has hit a new low... Jane J. Kim, a ten year veteran as an attorney of the IRS, has recently blown a whistle on the IRS, demanding a Congressional audit of the IRS concerning an alleged giveaway of billions of dollars to large corporations. The agency is already in trouble over targeting conservative and Tea Party groups. Kim writes in her letter that senior IRS officials have “intentionally undermined the authority of the IRS Whistleblower Office.” Not only that, but the agency has avoided taking action “in cases involving billions in corporate taxes due.” Laws are not applied to large corporations, she writes, but are applied with “draconian strictness to small business, the self-employed, and wage-earning individuals.” The IRS attorney’s letter was copied to Jason Foster, the chief investigative counsel for the Senate Committee on the Judiciary as well as Senators and Congressman including Elizabeth Warren, Mike Lee, Rand Paul, and Ted Cruz. Kim was approached by a private sector lawyer who represented corporate whistleblowers. The private attorney told her that numerous cases investigating the matter were being shut down. Kim’s whistleblower letter described three cases where rules were being broken for large corporations. One case featured a company that was under-reporting its profits by $3 billion annually (a subsequent investigation into it was curtailed.) Amazingly, the IRS “closed its audit without ever asking a question or reviewing the documents submitted.” The private lawyer, a former IRS attorney in the Office of the Chief Counsel for over 15 years, said on condition of anonymity: “The problem is the IRS upper management don’t want a big case going forward. They are purposely not working big cases. Employees are quietly encouraged not to expedite them, and to settle or dismiss them. I’ve seen the IRS sit on straightforward billion-dollar cases for years, and then decide not to pursue.” Bill Henck, who worked for over 26 years in the IRS Office of the Chief Counsel, said: “IRS executives look out for themselves, which usually means protecting corporate interests, since they hire lobbyists and are close to politicians.” What do you think? What can be done to change the culture of corruption that is alleged to have taken over at the IRS?
Posted on: Thu, 23 Oct 2014 07:05:05 +0000
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