Hi this is about Obama Tax Plan Would Ask More of Millionaires. this is a right step. But many billioners who do business and evade tax to Government, which data has to be arranged to arrive by Obama Government is need of this same time.
Many Firms/companies with many names in operation but bring in the revenue in to one account and they do business in billions. example ; & sons account, or pay to account , or you will do a transaction in a firm and you will be paying to another firm through credit card/debit card ,with out knowing that you are aallowing that owner to evade tax to Government. By these acts Orignal transactions are not brought in to the Ledger account submitted to Income Tax - Goverenment. so A stern actio is a must than Government will get huge revenue on this taxation.
Thanks.
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