The tax cheaters lobby: how the banking industry and the right foment tax evasion. (The Taxonomist).

THERE ARE SOME SUBJECTS I JUST CAN'T STOP HARPING on. But there's a rationale for my repetition. I hope that someday the mere mention of "Cato Institute" or "Heritage Foundation" or "Bush" will make people immediately think, "Yeah, those are the guys who support tax cheating." Here's the latest entry in the dossier.

In the waning days of the Clinton administration, the Internal Revenue Administration proposed to require U.S. banks to report the interest they pay to foreign depositors. Foreigners are exempt from U.S. federal taxes but not ...