[quote=NeetaT]I would tell the IRS to pack sand. If you want people to keep their money in the US, stop taxing interest income. I’m sure people would spend their untaxed interest income, thus helping businesses.
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If it were a Chinese or Indian bank (never mind middle east banks), how much you wanna bet everyone involved would be facing massive money laundering, conspiracy to defraud Army hospitals, and fronting the enmy criminal charges? But, its my lobbying friends, we will just make them pay back taxes for 3 years without admitting any guilt.
