Melissa Bean Quotes
Reports also suggest that Ernst and Young and other large tax preparation firms are sending tax returns overseas for processing. But the IRS has no control over tax information once it's been sent to India or another country.
Bean, Melissa. Remarks on Taxpayer Privacy. Congressional Record, Government Printing Office, 2006.
Tax breaks and deductions had become so prolific and complex that most of the larger corporations paid not only a smaller percentage of taxes than many small businesses, but also paid a smaller amount.
When Congress passed the laws giving tax relief to corporations, the purpose was to tax only the profits that were made by United States operations. Congress and the President never dreamed that American corporations would be so greedy and unpatriotic that they would actually move the headquarters of an American Corporation and turn it into a foreign corporation in a country with little or no corporate taxes, and the set up their accounting system so that most of the money would be “made” by the headquarters and not by the operating companies in the U. S. or other countries that had corporate taxes.
That is exactly what the IRS did, and in 1931, Capone was imprisoned for tax evasion.
He was one of the richest men in America, who thought that the tax burden on the very wealthy was too low given the needs of the nation and the ability of the wealty to pay..
Melissa Luburich Bean is an American politician who served as the U.S. Representative for Illinois's 8th congressional district from 2005 to 2011. Bean is a member of the Democratic Party.
