It Pays to be a Whistleblower

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Bradley Birkenfeld might not have a lot of friends anymore at UBS, or among American tax evaders, but he has a nice paycheck from the IRS to help ease his loneliness. The $104 million paid to Birkenfeld is being touted as the largest award ever paid out under the IRS whistleblower program. Of course Birkenfeld now faces a tax bill of OVER 30 MILLION DOLLARS and is probably realizing why some people attempt to hide their money offshore in the first place.

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But before we get carried away about how unjust taxation is, let's remember, he may have to pay 30 million into the public purse, but he gets to keep the other 74 million for himself.