Page 40 - Tax Cheat News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The marketplace now. 130 american companies making fortune magazine's global 500 list and it ranks the world's biggest corporations by revenue. there were nearly 200 u.s. businesses on the list a decade ago. wal-mart also losing the number one spot on the list. royal dutch shell from the netherlands now on top with $484 billion in revenue. exxon mobile is second followed by wal-mart. britain's b.p. was fourth and china's cinipec group rounded out the top five. huge democratic party donor denise rich one of 450 people to renounce her citizenship this year. her surprising move coming 11 years af...

$1.4 billion in tax credits. this was under the economic stimulus. ended up going to help back mortgage loans to tax cheats. >> yeah. it's crazy! senator tom coburn, senator from oklahoma said in the name of stimulus, we gave thousands of people we knew were tax cheats and had bad track records of paying their debt. according to the -- what we're now finding out, the f.h.a. insured $1.4 billion in federal loan mortgages for 6,000 borrowers who collectively owed $77 million in unpaid taxes which averages out to 12,000 dollars per tax cheat. >> what i don't understand, this is the fact that it's...

We are stupid but not that stupid. the point is, tomorrow, his capital gains would be in excess of $3 billion. that is why he did this. the interesting thing to me, in the movie, in facebook movie he was the sympathetic figure, because he is the one that zuckerberg and timberlake knew out of the company, so, he has transformed himself from sympathy, sympathetic figure to a common tax cheat. >>shepard: legally speaking, what can go on here? >>arthur: nothing. nothing. nothing. that is why schumer is on the offensive and why they are enraged. senator schumer. used to be my congressman. i apologi...

those who labeled him an immigrant and a tax cheat are wrong. we begin this evening with an important lesson in attack politics. a plan no matter how controversial or audatious is useless unless someone is willing to bank roll it. at the moment, no one is willing to pay the estimated $10 million price tag to implement this plan. the defeat of barack hussein obama but think again. >> i repudiate that effort. i think it is the wrong course for a pack or a campaign. i hope that our campaigns can respectively be about the future and about issues. >> you heard governor romney there. imp...

Three year sentence. he's not the only tax cheat. what about al pacino? >> doesn't he have enough money? he owes $188,000. he could write that off on his direct deposit. >> he's paying a monster in a bunch of movies and a guy that's made a lot of monster movies is martin scorsese, the director. look at this. he owes $2.25 million apparently owed for federal tax liens. >> and you have nicolas cage, owes a whopping $7 million. >> he's got to find some real american treasure. >> yeah. didn't -- didn't he lose all of his money anyway? >> right. >> i don't know. >> i think that his daughter. >> bec...