Tuesday, April 17, 2012

"A big day for Swiss cheese"

By Wesley Pruden

"The accountants who prepare millions of tax returns hear something else. They see the IRS standing not on "the shoulders of those who have preceded us," but on the necks of everyone else. "We've been instructed to show no mercy this year, to disallow everything," says one IRS compliance officer. "It's frightening."

Stung by the reluctance of Congress to raise taxes, the Obama administration has obviously set out to use the Internal Revenue Service to do the dirty deed."

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