Monday, May 4, 2009

First It was the Rule of Law Thrown Out the Window, Now It's Innocent Until Proven Guilty

We have seen the Rule of Law thrown out the window by the Obama Administrartion in the Chrysler situation, now it appears innocent until proven guilty is next.  

The Obama administration is set to announce today an increase in the number of federal tax agents by 800 and crack down on business use of international tax laws. 

 AP reports:

President Barack Obama plans changes to tax policy certain to be unpopular with corporations with international divisions and individuals who use tax havens.

Obama's two-part plan, which he is slated to unveil at the White House on Monday, also calls for 800 new federal tax agents to enforce the system.

The president's proposal would eliminate some tax deductions for companies that earn profits in countries with low tax rates, as well as consider U.S. citizens who use tax havens in the Bahamas or Cayman Islands guilty of violating U.S. tax laws. If Obama wins congressional approval for the changes — and he faces a challenge on Capitol Hill — it could deliver $210 billion in tax revenue over the next decade.

But, get this. AP, again:

Obama also planned to ask Congress to crack down on tax havens and implement a major shift in the way courts view guilt. Under Obama's proposal, Americans would have to prove they were not breaking U.S. tax laws by sending money to banks that don't cooperate with tax officials. It essentially would reverse the long-held assumption of innocence in U.S. courts.
This is not your grandfather's America.

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