Prize

........... Recipient of the 2010 MacDougal Irving Prize for Truth in Market Manipulation ...........

May 30, 2013

Best Spill Your Guts, Guy

         The Swiss Parliament is expected to approve a decision to allow that nation’s banks to cooperate with U.S. tax investigators going after secret bank accounts held by U.S. citizens, and knowledgeable sources inform us that you will be nailed with confiscatory penalties of 50% per year if outed before telling the IRS all about it.  That’s half of your total secreted assets each and every year you had them stashed away in Switzerland.

         Subscribers will note that this over-the-top calculation comes to 1,000% of hidden family wealth for every twenty years you and the old man have been screwing with the tax code.

         Turning yourself in will bring a one-time fine ranging from 5% to 27.5%, depending on how much we’re talking about here, making what to do now a genuine no-brainer, even for you.

         Thing is, U. S. prosecutors just got done shutting down Wegelin, the oldest bank in Switzerland, by getting some high stakes lowlifes there to plead guilty to aiding tax evasion, and our G-men are planning to do the same to the entire Swiss banking system, one sniveling Shylock at a time if necessary.

         Valued subscriber, it’s time to save your sorry a$$.